AXTA Axalta Coating Systems Ltd.

Axalta Wins Three Prestigious 2023 Edison Awards™ for Innovation

Axalta Wins Three Prestigious 2023 Edison Awards™ for Innovation

Products were recognized in the Sustainability, Smart Transportation and Material Science categories

GLEN MILLS, Pa., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, today announced that it has won three prestigious 2023 Edison Awards™. Axalta’s Abcite® 2060 Flame Spray Powder Coating, AquaEC® Flex, and Self Priming Kitchen Cabinet Coating have won for the Sustainability, Smart Transportation, and Material Science categories, respectively. Named after Thomas Edison, the Edison Awards™ have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987.

"We are thrilled to be an Edison Awards™ recipient for a fifth-consecutive year,” said Robert Roop, Axalta’s Chief Technology Officer. “Our recognition is testament to how Axalta continues to innovate smarter surface solutions for better living and a sustainable future. We are committed to providing the quality, innovative products, and services our customers have come to expect.” 

Axalta products recognized this year are the following:

  •  uses breakthrough Flame Spray technology and has exceptional anticorrosion and mechanical performance. Conventional powder coatings can only be applied in a manufacturing setting where ovens are available for cure. With Abcite® 2060, large metal structures can be protected on site and damage can be easily repaired without dismantling the structure. This single-layer coating offers a sustainable solution compared to typical multi-layer liquid coatings, has no VOC emissions, and can be applied directly to the metal with no primer required, saving time and cost while also providing enhanced durability extending asset life. Powder coatings also offer additional benefit to be reclaimed, reused and recycled. The product recently won a 2022 R&D 100 Award for providing best-in-class protection against corrosion and driving productivity.

  • is a sustainable electrocoat (e-coat) that enables electric vehicle (EV) designs. This product cures over a broad range of temperatures while also reducing emissions, eliminating hazardous materials, and enabling water recycling. It also provides an enhanced appearance, better edge-corrosion protection, and increased flexibility. With this breakthrough technology, Automotive OEMs are enabled to co-produce electric vehicles and standard combustions vehicles on the same manufacturing line. AquaEC® ensures that critical areas that carry and protect the battery packs are properly cured with the rest of the body frame. This patented e-coat built with new generation chemistry offers several sustainability advantages compared to previous generation technology, including 60% lower VOC emissions and 15% less energy use. The product recently won a  presented by the Business Intelligence Group (BIG).

  • was engineered to consolidate a conventional three coating finishing system into a single coating that provides outstanding performance and aesthetics. It is the only coating of its kind that provides moisture and chemical resistance without the need for a clear coat layer. It increases productivity and provides a more sustainable solution by reducing the number of coats applied. The kitchen cabinet industry can achieve improved process yields and reduce the number of stock-keeping units (SKUs) needed. It is formulated with novel chemistry and improved properties that allow for a longer life for kitchen cabinets, demonstrating improved resistance to humid conditions. As a result, cabinets look newer, longer thus reducing environmental impact and decreasing the use of hazardous materials by 90%.

All winners will be officially recognized at the 36th annual Edison Awards™ event in Fort Myers, Fla. April 19-21, 2023, where innovations will be granted Gold, Silver or Bronze status.

About Axalta

Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit  and follow us on and  on Twitter.



Axalta Coating Systems

50 Applied Bank Boulevard, Suite 300

Glen Mills, PA 19342



Global Media Contact

Jessica McDuell

D





EN
09/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Axalta Coating Systems Ltd.

 PRESS RELEASE

Axalta Releases Second Quarter 2025 Results

Axalta Releases Second Quarter 2025 Results PHILADELPHIA, July 30, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights: Second quarter net sales of $1.3 billionNet income of $110 million with a net income margin of 8.4%Record quarter for Adjusted EBITDA of $292 millionAdjusted EBITDA margin expanded 90 basis points year over year to 22.4%Diluted EPS decreased 2% to $0.50Record quarter for Adjusted Diluted EPS of $0.64, an ...

 PRESS RELEASE

Axalta Schedules Second Quarter 2025 Earnings Conference Call

Axalta Schedules Second Quarter 2025 Earnings Conference Call PHILADELPHIA, July 08, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its second quarter 2025 financial results at 6 a.m. ET on Wednesday, July 30. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on July 30. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's financial performance for the p...

 PRESS RELEASE

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leadin...

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leading Women in North American Auto Industry PHILADELPHIA, May 20, 2025 (GLOBE NEWSWIRE) -- (AXTA), a leading global coatings company, announced today that Dr. Lei Qiao, Vice President of Technology, Mobility, has been named as one of the 100 Leading Women in the North American Auto Industry by Automotive News. The award recognizes exceptional female leaders in the automotive field who make major decisions with significant impact at their companies. Dr. Qiao currently leads the Mobility technology team and is based at Axal...

 PRESS RELEASE

Axalta Releases First Quarter 2025 Results

Axalta Releases First Quarter 2025 Results PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: First quarter net sales of $1.26 billionNet income increased 154% year over year to $99 million; net income margin of 7.8%Record first quarter Adjusted EBITDA of $270 million, an increase of 4% year over yearAdjusted EBITDA margin improved 140 basis points year over year to 21.4%Diluted EPS increased 150% to...

 PRESS RELEASE

Axalta Wins 2025 Automotive News PACE Pilot Award

Axalta Wins 2025 Automotive News PACE Pilot Award Axalta NextJet™ automotive digital paint technology named Innovation to Watch PHILADELPHIA, April 16, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced today that the digital paint technology Axalta NextJet™ was named a 2025 Automotive News PACE Pilot Innovation to Watch. The recognition honors pre-commercial innovations in the automotive and future mobility space. is a next-generation, sustainable digital paint technology for the automotive industry. This advancement allows for precis...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch