Axalta recognized for sustainable coating solutions

Axalta recognized for sustainable coatings by China's National Coatings Industry Association

Company also recognized for its efforts in supporting employees, customers and communities during the COVID-19 Crisis

SHANGHAI – Sept. 15, 2020 – Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named a model company promoting sustainable, low Volatile Organic Compound (VOC) coating solutions by China’s National Coatings Industry Association (CNCIA) at the recent China Coatings Show 2020. The award recognizes Axalta’s outstanding efforts to develop sustainable coating solutions and protect the  environment. Axalta was also recognized at the show for its extensive efforts to support employees, customers and communities during the COVID-19 crisis.

"Sustainability is central to Axalta’s business strategy. Using innovative technologies to develop coating solutions that reduce VOC levels, save energy and increase productivity is a fundamental part to growing our business and our customers’ businesses,” said Simon Lee, Axalta’s Interim President of Greater China. "We are honored to be recognized for these efforts, and we look forward to continued collaboration with CNCIA and other industry stakeholders to promote the sustainable development of China’s coatings industry.”(Axalta’s recently issued Sustainability Report is available at sustainability.axalta.com)

Axalta has more than 150 years of experience and offers a wide range of environmentally friendly liquid and powder coatings. These coatings are designed to improve the efficiency of products, reduce energy use, prevent corrosion and other climate-related damage, and add a burst of color. For example, Axalta recently introduced its innovative waterborne refinish clearcoat. giving its customers a comprehensive eco-responsible coating solution. The new clearcoat reduces VOC emissions up to 60% at the ready-to-spray level compared with similar solventborne clearcoat solutions currently in the marketplace. Axalta offers other eco-responsible coating solutions in its Transportation and Industrial Coatings businesses, including its Harmonized Coating Technologies™ comprised of 3-Wet, 2-Wet Monocoat and Eco-Concept products for customers in the transportation industry and Voltatex® for industrial customers.