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Aspen Technology, Inc. (Nasdaq: AZPN) announced today that ICI Paints (part of the ICI Group (NYSE: ICI)), one of the world's largest
producers of specialty products and paints, has selected the Aspen Buy(TM) private e-procurement solution, to source raw materials via the
Internet for its US operations.
For the first time in the chemicals industry, this Internet-based procurement solution goes beyond basic online transactions to include the
important collaborative business process, vendor managed inventory (VMI). VMI will enable ICI Paints to work in partnership with its
key suppliers to achieve maximum efficiency in the supply chain.
"ICI Paints believes that the Aspen Buy solution will create the opportunity for ICI and its key suppliers to reduce inventories and lower
transaction costs by enabling real supply chain collaboration," says Mark Hall, Director of Purchasing, ICI Paints.
Search Traffic
The percentage of site visits from search engines.
Query Query
A phrase that drives traffic to “icipaints.com.my” from search engines. This list also
includes sub-phrases that account for a high percentage of this site's search traffic
broken out separately. For example, if the site receives traffic for 'buy diamond ring',
'diamond necklace', and 'diamond bracelet', the word 'diamond' might also appear in
the list.
1. icipaints.co.uk
2. icipaints.com
3. icipaintsstores.com
4. icipaints.ca
5. icipaints.cz
"ICI Paints produces some of the world's top paint and decorative product brands. Our aim is
to inspire consumers to transform their surroundings with performance products and colour.
ICI Paints makes products to prepare and care for all building materials, and also provide
coatings for cans and packaging.
The critical success factors of growth for ICI Paints are the deployment of new technology,
innovation and the successful marketing and promotion of our key brands.
The Paints business is headquartered in Slough, UK. Major manufacturing facilities are
located in the USA, UK, Brazil, Argentina, Germany, the Netherlands, France, China, India
and Malaysia. Additional manufacturing facilities are in 14 other countries.
Since the beginning of 2008 we have been part of Akzo Nobel, one of the world's leading
industrial companies. We are the biggest global coatings manufacturer and the number one in
decorative paints and performance coatings, as well as being a major worldwide supplier of
specialty chemicals.
We employ around 60,000 people in more than 80 countries and are committed to developing
innovative products and cutting-edge technologies, with a heavy emphasis on sustainability.
We have the scale and expertise to deliver whatever our customers require, wherever and
whenever they need it."
Customers
Some examples of major customers
Decorative
B&Q/Castorama
Homebase
Home Depot
Leroy Merlin
OBI
Walmart
Can Coatings
Ball
Crown Court
Rexam
The Facts
ICI Paints has maintained its own sales distribution network in over 30 countries, also selling
through agents and distributors.
Following the acquisiton of ICI by Akzo Nobel, the integrated organization will operate in
three business areas. Decorative Paints, Performance Coatings and Specialty Chemicals.
Under this more focused structure, ICI's retained Specialty Polymers and Regional and
Industrial activities will move to Akzo Nobel Specialty Chemicals, while ICI's Packaging
Coatings operation will join Akzo Nobel's Performance Coatings portfolio."
The strategy of this business is to focus on profitable growth in South East Asia and Latin
America, to explore opportunities for growth in non-metal packaging, in particular with PET
(polyethylene terephthalate) bottle coatings, and to optimise the supply chain.
Akzo Nobel is the leading company in the performance coatings sector and has earned a
global reputation for producing reliable top quality brands, unrivalled technologies, first class
service and flexible distribution solutions."