AMSTERDAM, Netherlands—AkzoNobel Specialty Chemicals relaunched as Nouryon following the company's recent acquisition by The Carlyle Group.
The move marks Nouryon's first steps as an independent specialty chemicals company, according to a company news release.
As an independent company, Nouryon can accelerate its progress on all fronts and take a place along other industry leaders, said the company's new CEO, Charles Shaver.
To determine the new name, the company asked employees what mattered most to them, which included heritage, partnerships, innovation, sustainability and contribution to society, said Chief Communication Officer Vivi Hollertt. The company combined these concepts to create the brand identity, which became official Oct. 9.
Nouryon also debuted a new company purpose: "Your partner in essential chemistry for a sustainable future."
Nouryon is a global specialty chemicals company, with applications in the paper, plastics, building materials, food, pharmaceuticals and personal care industries. It operates in more than 80 countries.