Axalta Coating Systems Ltd. (Axalta), incorporated on August 24, 2012, is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company's segments include Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment, the Company provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles.
Performance Coatings
The Performance Coatings segment serves various end markets, including refinish and industrial. It develops, markets and supplies a portfolio of coatings systems and color matching technologies. Its color matching technology provides Axalta-specific formulations that enable body shops to match thousands of vehicle colors, regardless of vehicle brand, color, age or supplier of the original paint during production. Within the industrial end market, the Company focuses on coatings for an array of applications, including heating, ventilating, and air conditioning (HVAC); shelving; appliances, and electrical storage components, as well as coatings used for coating the interior of metal drums and packaging; coatings to insulate copper wire used in motors and transformers and coatings to insulate sheets forming magnetic circuits of motors and transformers; exterior powder coatings used in the construction of commercial structures, residential windows, and doors and cladding, as well as liquid interior and exterior house paint; coatings for vehicle components, chassis and wheels, and powder products to coat tanks, pipelines, valves and fittings protecting against chemicals, corrosion and extreme temperatures in the oil and gas industry.
The Company offers a range of waterborne and solventborne products and systems used by the global automotive repair industry to refinish damaged vehicles. The Company's refinish products and systems include a range of coatings layers required to match the vehicle's color and appearance, producing a repair surface indistinguishable from the adjacent surface. The Company provides systems that enable body shops to match over 180,000 color variations, using a database with over four million formulations, in the global market. It provides a portfolio of products for applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, rebar and oil and gas pipelines. Its liquid systems are used to provide insulation and corrosion protection for electrical conductors and components, provide chemical resistance for the interiors of metal packaging drums, protect automotive parts and serve as basecoats for alloy and steel wheels. Its industrial brands include Voltatex, AquaEC, Durapon, Hydropon, Ceranamel, and XT for liquid coatings and Alesta, Nap-Gard and Abcite for powder.
Transportation Coatings
The Company develops and supplies a coatings product line for light vehicle OEMs for the original coating of new vehicles. The Company develops and supplies an array of coatings systems for a range of commercial applications, including heavy-duty truck (HDT), bus, rail and agricultural construction equipment (ACE). It has developed Harmonized Coating Technologies, including 3-Wet, Eco-Concept and 2-Wet Monocoat. Its commercial vehicle brands include Imron, Imron ExcelPro, Imron Elite, Centari, Rival, Corlar epoxy undercoats and AquaEC.
The Company competes with PPG, Valspar, Akzo Nobel and BASF.
2001 Market St Ste 3600
The company trades on NYSE exchange. The company headquarter is located in Pennsylvania, PA. The company was established in the 1866.| Ticker | AXTA |
| Long Name | Axalta Coating Systems Ltd. |
| Short Name | Axalta Coating |