Enhanced Investments - Financial Portal

Axalta To Apply Its Antimicrobial Technology In Chicago Hospital For Coronavirus Patients

Published: 2020-04-20 14:00:00 ET

Company to supply 7,000 pounds of its Alesta® AM patented powder to help inhibit the growth of microbes

PHILADELPHIA, April 20, 2020 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced that it will supply E&R Powder Coating with more than 7,000 pounds of its Alesta AM powder coatings for bed frames at a temporary hospital at McCormick Place in Chicago, IL, which is being used for coronavirus patients.

"Axalta's Alesta AM is being applied to these new beds to ensure that the surfaces are protected with silver zinc zeolite antimicrobial technology that is known to inhibit the growth of microbes on powder coated surfaces," said Michael Bollan, Americas Business Director for Axalta Powder Coatings. "We are proud to be a significant producer of antimicrobial powder coatings and are actively exploring new applications for this important part of Axalta's product portfolio, including for potential use in automotive interiors."

"Axalta cares about our communities around the world," continued Bollan. "We appreciate being a part of the solution to provide a high-quality coated surface for hospital patients in this time of critical need."

Alesta AM powder coatings provide protection that is ideal for hospitals, public transit, medical equipment, water treatment plants, food service packaging equipment, pharmaceutical labs, school and child care facilities and other medical equipment surfaces.

To learn more about our antimicrobial products, please visit www.axalta.com.

About Axalta

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With more than 150 years of experience in the coatings industry, the approximately 14,000 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.com and follow us @Axalta on Twitter and on LinkedIn.

Contact:Rob Ferris1.215.255.7981Rob.ferris@axalta.com axalta.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/axalta-to-apply-its-antimicrobial-technology-in-chicago-hospital-for-coronavirus-patients-301043510.html

SOURCE Axalta Coating Systems Ltd.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.