Expansion Akzo Nobel strengthens its position in decorative paints and woodcare in Spain with the acquisition of Xylazel, a 100 % subsidiary of Pharma Mar. This makes the company a market leader in decorative paints in Spain. Xylazel has about 100 employees, with one production facility in Porriño. Revenue for 2017 totaled approximately EUR 20 million. Automotive BASF's coatings division has opened a new laboratory for automotive OEM coatings at its site in Münster, ...