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Five enterprising companies have embarked on a new innovation journey with AkzoNobel after their inventive ideas were selected as part of the company’s Paint the Future supplier collaboration program.
Agreements are now in place with the five successful participants following the inaugural event held last November – which subsequently led to 115 compelling submissions.
The ideas that the company thinks will create the most value were submitted by Lonza Microbial Solutions (Switzerland), IGM Resins (the Netherlands), ICL Group (Israel), Croda Smart Materials (UK) and Wagner Painting (Germany).
“Staging the event revealed so many insights into the industry and I really appreciate the unique way we all teamed up to define our industry challenges,” explains Klaas Kruithof, AkzoNobel’s Chief Technology Officer. “Following the event, our suppliers delivered a wide variety of intriguing solutions and we’re looking forward to working together and further developing the selected five ideas, which are very exciting and fit perfectly with our collaborative mindset.”
Adds David Ashton, Head of Global Marketing at Lonza Microbial Solutions: “I’m absolutely delighted to see Lonza being recognized for its innovation and expertise. Being selected from such a vast number of enterprising projects is a great honor. We’re very much looking forward to this collaboration.”
Launched in 2019, Paint the Future is AkzoNobel’s global collaborative innovation challenge. Initially open to startups, it was quickly expanded to embrace academia, research institutes and a first group of suppliers, with a view to gradually strengthening the collaboration program. The initiative (an industry first) is focused on establishing an innovation ecosystem to help accelerate, test, launch and scale ideas and solutions for the paints and coatings industry.
“We’ve never stopped pushing the boundaries of what paint can be and what it can do,” continues Kruithof. “Collaborating with our suppliers is all about accelerating creative ideas that will help take our products – and our future – beyond today by elevating everything to the next level.”
The five collaborations in more detail:
The latest phase of the company’s Paint the Future initiative is currently underway in Brazil, where a regional startup challenge is in its final stages. For more information and to learn about forthcoming programs you may want to join, visit our Paint the Future website.
About AkzoNobel
AkzoNobel has a passion for paint. We’re experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. Headquartered in the Netherlands, we are active in over 150 countries and employ around 33,000 talented people who are passionate about delivering the high-performance products and services our customers expect.