Axalta (NYSE: AXTA), a leading global coatings company, has won a 2025 R&D 100 Award in the Mechanical/Materials category for its Spies Hecker Permasolid® Speed-TEC Fast Cure Low Energy (FCLE) Collision Repair Paint System. Additionally, Axalta's Total Cabinet Coating Solution was recognized as a finalist in the same category.
2025 R&D 100 Award winner Spies Hecker Permasolid® Speed-TEC FCLE Repair System sets a new standard for processing speed, low energy consumption and paint performance. The system is comprised of two products: Spies Hecker Permasolid® Speed-TEC Speed Surfacer 5560 and Speed Clear Coat 8820.
It is a fast-curing and energy-efficient collision repair paint system, reducing energy consumption by up to 49 percent and cutting cycle times by 50 percent compared to conventional systems. The patented system delivers outstanding durability, vibrant color, and flawless finish, setting a new sustainability benchmark for automotive refinishing.
"I am incredibly proud of the team of scientists at Axalta who continue to drive purpose-built innovative products and technologies that solve real-world problems for our customers," said Chief Technology Officer Robert Roop. "This recognition from the R&D 100 Awards validates our commitment to developing solutions that create new opportunities for customers to boost productivity, reduce cost and waste and ultimately drive customer satisfaction."
AXTA shares docked 42 cents, or 1.4%, to $29.74.
