AkzoNobel Nears Sale of SE Asia Paints Unit to Nippon Paint

Key Facts

1AkzoNobel is in advanced stages of selling its decorative paints business in Southeast Asia.

2Japan's Nippon Paint is the likely buyer for the AkzoNobel unit.

AkzoNobel is in advanced stages of selling its decorative paints business in Southeast Asia. Investing.com reported that Japan's Nippon Paint is the likely buyer for the unit, marking a significant shift in the regional coatings market.

The potential divestment is part of AkzoNobel's strategic portfolio optimization and consolidation within the global coatings industry. In related regional economic context, industrial production in India grew by 8% year-on-year on September 28, 2026, exceeding earlier forecasts.