Akzo Nobel faces slide in wood varnish revenues

The Dutch chemicals giant Akzo Nobel N.V., based in Amsterdam, has posted a 5% downturn in revenues from its wood varnish and adhesives business to €201m (April-June 2010: 212m) for the second quarter of 2011. The group had enjoyed a 6% growth in turnover from its Wood Finishes and Adhesives business unit (BU Wood) ...

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