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23. 25.1 G3
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Hall I Boo
42
85 Resins Directory
88 Innovating to Drive Change in the Transportation Sector
90 Larry Robinson To Retire from Color Pigments
Manufacturing Association
COLUMNS
iPaint..................................................................... 32
International Coatings Scene ............................... 34
Europe Biocideal Products Regulation Could Prove
Challenging for EU
Africa Infrastructure to Drive South Africa, Kenya and
Nigeria Coatings Markets
Latin America Columbias Pintuco Builds Out Stoes
Business Corner.................................................... 40
Business and Acquisition Hurdles
DEPARTMENTS
Editorial.................................................................. 6
As We Go to Press.................................................. 8
Fresh Paint............................................................ 10
Patents.................................................................. 24
Market Reports..................................................... 26
New Products....................................................... 28
Industry News....................................................... 92
Suppliers Corner................................................... 93
People.................................................................. 94
Meetings............................................................... 95
Final Coat.............................................................. 98
ADVERTISING SECTIONS
Classified Ads....................................................... 96
Advertising Index.................................................. 97
Coatings World (ISSN 152-711-29) is published monthly by Rodman Media Corp., 70 Hilltop Road, Ramsey, NJ 07446 USA. Phone: (201) 825-2552; Fax (201) 825-0553.
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July 2014 www.coatingsworld.com
Coatings World | 5
Editors Page
Companies Report
Offers Insight into the
Coatings Market
t is time once again time for Coatings Worlds highly anticipated Top
Companies Report. This is one of our most popular issues, offering our
readers a comprehensive look at the top players in the paint, coatings,
adhesives and sealants industry.
This year we have profiled 87 companies up from last years 83.
Comex (ranked 18) is back in the ranking after Sherwin-Williams efforts
to buy it were thwarted by regulators in Mexico. Although S-W completed
its acquisition of the U.S. and Canadian business of Comex in 2013, paying
$90 million, regulators in Mexico refused to clear its buyout of Comexs
Mexico operations due to concerns about the combination limiting competition there. Reuters has reported that Comex is currently in the process of
suing S-W over the failed buyout.
This year we also added three first-timers to the list: Columbia-based
Pintuco (29), Brazil-based WEG (63) and Egypt-based MIDO (86).
In terms of the top 5, the ranking remained the same as 2012.
AkzoNobel once again topped the list. As the worlds largest coatings
manufacturer, the company reported revenue for coatings of $13.3 billion. The company has successfully completed its multi-year performance
improvement program a year ahead of schedule, exceeding its targets
in doing so. In 2014, AkzoNobel said it will continue to significantly
restructure to reduce costs further and anticipates related restructuring
charges of at least $342 million.
PPG (2) reported sales of its three coatings business segments
Performance Coatings, Industrial Coatings and Architectural Coatings
EMEA combined for $12.78 billion in revenue in 2013, up from $11.48
billion the year before.
2013 was a successful year for Henkel (3). Henkels adhesives sales were
up 2.7 percent with sales of $11.174 billion for 2013. Sherwin-Williams (4)
saw profits rise and acquired Comexs U.S. and Canadian business, which
added 306 company-operated stores its base of retail stores. Axalta (5) saw
sales of $4.3 billion and moved its Corporate and North America headquarters to Pennsylvania and opened new regional headquarters for Asia
Pacific in Shanghai.
I hope you find this report insightful and helpful in understanding the
complex and diverse global coatings, adhesives and sealants markets. I welcome your feedback. Please feel free to email me suggestions on ways we
can make the Top Companies Report even better in 2015.
kpianoforte@rodmanmedia.com
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Coatings Worlds circulation is audited by BPA Worldwide.
July 2014
As We Go To Press
to meet growing demand among automotive original equipment manufacturers (OEMs) and industrial coatings
customers in the region. PPG anticipates
completion of the project in 2015 and
expects to add more than 30 new positions at the facility.
PPG is committed to the market
in Brazil and the needs of our customers across Latin America, said Cynthia
Niekamp, PPG senior vice president, automotive coatings. The expansion of the
Sumare facility enables PPG to localize
production and demonstrates our longterm commitment to support our customers in this very important region. CW
Index to Companies
Ennis-Flint ..................................... 42
PACHIN ....................................... 42
Fujikura Kasai............................... 42
Pintuco.................................... 38, 42
Helios ............................................ 42
3M................................................. 42
Hempel ......................................... 42
Ace Paint........................................ 42
Henkel.......................................... 42
RPM......................................... 10, 2
Asahipen........................................ 42
Samwha ........................................ 42
Asian Paints................................... 42
Atomix........................................... 42
JW Ostendorf ................................ 42
Shawcor ........................................ 42
Axalta...................................... 42, 94
Kansai ........................................... 42
Sherwin-Williams.................... 10, 42
Shinto ............................................ 42
Sika ............................................... 42
KCC .............................................. 42
SK Kaken...................................... 42
Kelly-Moore .................................. 42
Betek ............................................. 42
Tambour ....................................... 42
Boero Group................................. 42
Kunsul ........................................... 42
Teknos Group............................... 42
Looser Holdings............................ 42
Tiger Coatings............................... 42
Chokwang..................................... 42
Tikkurila ....................................... 42
Masco........................................... 42
Tnemec ......................................... 42
Materis.......................................... 42
Cloverdale Paint............................ 42
Tohpe ............................................ 42
Musashi........................................ 42
National Paints............................. 42
DAW............................................. 42
Natoco.......................................... 42
Diamond Vogel............................. 42
Yasar ............................................. 42
DuluxGroup .................................. 42
Nippon.......................................... 42
Dunn-Edwards........................ 10, 42
Empils ........................................... 42
Norroo.......................................... 42
July 2014
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Fresh Paint
The Sherwin-Williams colormix 2015 collection tells optimistic color stories that
reflect a brightened outlook and adventurous spirit for the year ahead. The colormix
palettes provide design professionals with
fresh color combinations to inspire creativity as they design spaces for their clients.
Were seeing a more cheerful approach to design and have forecasted
colors that will provide a range of inspiration for designers to create fresh, joyful
interiors, said Jackie Jordan, director of
color marketing, Sherwin-Williams.
Jordan, along with Sherwin-Williams
color experts, researched trends in art, fashion, science and pop culture to determine the
40 colors that make up the forecast. The colors are grouped into four palettes: Chrysalis,
Voyage, Buoyant and Unrestrained.
Chrysalis
As technology rushes relentlessly ahead, the
colors of Chrysalis evoke a calm oasis a
place to pause and find balance. The palette, with colors ranging from off-black to
chalky neutrals and dusty blues, is designed
to create a more comfortable interior.
An important influence for Chrysalis
is the appreciation of earths natural striations, said Jordan. The patterns created
by land and sky are driving design inspiration, therefore the palettes colors are
found in nature, from rocks found on the
beach to a stormy sky.
Another driver is the layering and deconstruction of geometric shapes to appear
soft, which parallels the monochromatic
couture found on fashion runways.
Voyage
From space tourism and undersea resorts,
the far-fetched, sci-fi dreams of past decades more viable than ever. The Voyage
palette looks to these outer limits, featuring hues that represent the color spectrum imagined while emerging from the
water into the atmosphere undersea
teal, bright green kelp, light watery blue
and deep space purple.
The colors of Voyage are supernatural and magical. The palette is largely
driven by unusual atmospheric events,
including a decade-best aurora borealis,
that will be keeping our eyes focused on
the heavens, said Jordan. The lighter
colors of the palette create a space that
is uplifting, while the deeper tones can be
combined for a more dramatic design.
Buoyant
Weve weathered the recession and are
finally seeing hopeful signs of growth
and expansion. Our revived good spirits
echo the optimism that followed World
War II, when GIs returned home from
exotic locales, bringing a wave of tropical prints and tiki-inspired looks, said
Jordan. Like that era, were expressing
our enthusiasm with big, bright florals in
fashion and interiors.
The colors of Buoyant are reminiscent
of vintage floral patterns light and deep
greens, violets and a pop of coral. In addition to renewed optimism, the palette is also
inspired by the natural healing of botanicals, as well as the incorporation of green
spaces into even the most densely urban environments. Backyards, once a landscaping
afterthought, are now as important as front
yards, with builders investing in rear curb
appeal and outdoor rooms.
Unrestrained
From bold, ethnic-inspired colors and
designs to the Bohemian lifestyle, the
Unrestrained palette celebrates a carefree
spirit, wanderlust and pulsing color. The
palette features saturated primary hues,
including sunny yellow, lively turquoise
and bright blue, as well as black and
white. Each can be used on its own for
a pop of color, or combined, to create a
vibrant, energetic space.
South Africas colorful art scene and
focus on the 2016 Summer Olympics in
Rio de Janeiro have strongly influenced a
Carnival-like spirit. This spirit is inspiring
design with a zest for life, and the vibrant
Fresh Paint
utilized primarily for home repair. In addition, it supplies various epoxy finishes,
patching, caulking and mesh tape repair
products, and other painting tools and accessories. The companys products are sold
through major home improvement centers,
hardware stores and paint suppliers.
Homax products represent a new and
unique offering for our customers, said
Scott Sinetar, PPG vice president, architectural coatings, North America. The acquisition supports our continuing commitment
to providing professional and do-it-yourself
customers with leading coatings and related home remodeling and repair products.
Dunn-Edwards Paints
Releases Annual Trend
Report
Dunn-Edwards Paints released it 2015
trend report, A Journey of Discovery,
which reveals key colors and design
trends for the coming year, and how social, culture and demographic changes influence these trends. Sara McLean, color
expert and blogger at specs+spaces, explains that the color palette is rich in deep
and vivid colors, inspired by adventure
and discovery around the world. These
five key trends will be significant influencers of colors and textures.
Romance and Remembrance is inspired by journeys into the past, filled
with romance and intrigue. Envision traveling the Trans-Siberian railway or the
Silk Road, or studying the rich tapestry
of historical details through Renaissance
to Medieval times, this trend returns to
color and design that is familiar, yet with
a modern day twist. The color palette
creates a sense of history and solemnity
with somber and serene neutrals such as
chocolate, gray, soft green, mauve, pale
pink and garnet, highlighted by whitened
tones, sky blue and pale yellow.
Spirit of the West captures the freedom
and romance of forging a new life in the
American West. The artisan life is transformed by journeys to Latin and South
America, Cuba and the Caribbean, bringing back design ideas from afar. The spirit
of the West breathes life into emotional
connections and ancient spiritual ways.
Colors combine artisan style colors of
red and rust with pigmented darks, dusky
July 2014
Fresh Paint
larly well in three of the six factors: application, durability and product offerings.
Following Benjamin Moore in the interior paint brand ranking is SherwinWilliams (808) and BEHR (802). Overall customer satisfaction with interior
paint brands is 795 (on a 1,000-point
scale) in 2014, an increase of 16 points
from 2013.
Exterior Paint Brand Satisfaction Rankings
Sherwin-Williams ranks highest among
exterior paint brands, with a score of 819,
and performs well across all six factors.
Following Sherwin-Williams in the ranking are BEHR (804) and Benjamin Moore
(803). Overall customer satisfaction with
exterior paint brands is 803.
The 2014 Paint Satisfaction Study is
based on responses from more than
8,690 customers who purchased and applied interior and/or exterior paint within
the previous 12 months. The study was
fielded in January through March 2014.
KEY FINDINGS
Application, specifically, adequacy of
paint coverage, is the most important
driver of customer satisfaction with interior and exterior paint (34 percent each).
- Seventy-eight percent of paint customers who purchased interior paint
apply it themselves, and 74 percent
of those who purchased exterior
paint did the same.
- More than 90 percent of customers
who purchased interior or exterior
paint indicate the new color covered
the previous color (94 percent and 93
percent, respectively).
- Approximately one-half of customers do not use primer or paint with
primer mixed in for their interior or
exterior paint jobs (52 percent and 50
percent, respectively).
- On average, customers apply two
July 2014
AkzoNobel Partners
with University Racing
Eindhoven for Electric Race
Car
AkzoNobel and Sikkens have entered
into a new partnership with University
Racing Eindhoven to supply coatings
for an electric race car. The team builds
a car from scratch each year and the
2014 model the URE09 features an
advanced Sikkens system with a special
focus on weight reduction. Recentlyu
unveiled, the vehicle will take part
in races being held during the summer at Silverstone (UK), Hockenheim
(Germany) and Barcelona (Spain).
Fresh Paint
Coatings World | 17
Fresh Paint
PPG Introduces
TRENDCAST Styling
Directions Color Tool Kit
PPG Industries industrial coatings business has introduced TRENDCAST Styling
Directions 2014, a comprehensive portable tool kit created to help designers of
appliances, outdoor furniture, electronics,
recreational equipment and other products identify the colors, textures and surfaces that will keep them on the leading
edge of consumer taste for the next two
years. The colors in the TRENDCAST
Styling Directions 2014 tool kit reflect the
latest trends in colors, effects and tactile
July 2014
Fresh Paint
and natural colors influenced by the postMayan prophecy. Mosaic a bold palette
of optimistic colors and patterns creating
a juxtaposition of casual yet high-quality
design; and Hi-Breed a multicolor color
palette that pairs natural and synthetic
colors, creating harmony between nature
and man. Color and style have a significant impact on consumer buying decisions, said Joe Kowalski, PPGs global
manager of color and surface design for
consumer products. Thanks to the skill
sets and broad cultural knowledge of our
color team, PPG can offer customers a collection of tools that will help them stay
ahead of the competition and consumer
tastes for years to come. In addition to
a brochure covering global color trends,
TRENDCAST Styling Directions 2014
contains a variety of tactile objects and effects to help PPGs customers connect with
consumers and further engage their own
creative instincts. The kit also features
Web-based palettes for quick color referencing and a sample request program.
Providing the
Brightest
Chemistry
for Coatings
Visit us:
CTT 2014
Booth #57
www.emeraldmaterials.com
July 2014 www.coatingsworld.com
Coatings World | 19
Fresh Paint
customers in the midwestern and southwestern United States. With a 90-year history of innovation, LORD Corporation
offers its customers more than 2,500
patented products in adhesives, coatings,
motion management devices and sensing
technologies.
The LORD Houston office is located
north of the city at 2455 Farm to Market
(FM) 2920 in Spring, Texas. LORD
Corporation chose Houston to better
serve and support customers locally in
energy related sectors, including downhole drilling. Gregg Cune, global business
development manager for downhole tool
systems will serve as the office manager.
Cune will also lead the team to identify
new opportunities to develop new parts
and products for downhole, which will be
available to customers all over the world.
This new office opening is a major
accomplishment for LORD. It provides
the company with the opportunity to become more accessible to our oil and gas
clients; the location is key and will enable
LORD to provide them with the service
and value LORD is known for, said
Jonathan Owens, director, oil and gas industry group at LORD Corporation.
In line with Beckers Groups sustainability vision, this report will only be available electronically on Beckers Groups
website, www.beckers-group.com.
Fresh Paint
AIHA Releases
Reccommendations on
Lead Poisoning Prevention
Among Children in
Developing Countries
The American Industrial Hygiene
Association (AIHA) has issued recommendations to prevent lead poisoning
among children in developing nations,
based on a case study of lead contamination conditions in several countries in
Eastern Europe, Caucasus and Central
Asia. The recommendations, in the form
of a reference document, identify methods to promote safe and healthy communities and improve understanding among
international experts in environmental
and public health programs involving
lead poisoning in children.
Childhood lead poisoning is a serious problem that in the last few decades
has significantly changed its geographical
Distributed by:
FillersExtendersOilsLubricants
Coatings World | 21
Fresh Paint
22 | Coatings World
www.coatingsworld.com
July 2014
Sherwin-Williams Skyscapes
Basecoat-Clearcoat
Receives SAE AMS 3095
Certification
A complete chrome hazard free coating
system including pretreatment, corrosionprotective primer and topcoat offered by
Sherwin-Williams has earned approval by
SAE Internationals Aerospace Material
Specification G-8 Organic Coatings
Qualified ProductGroup. The SKYscapes
basecoat-clearcoat exterior coating system
reduces paint-process time by as much as 30
percent. The AMS 3095-certified SKYscapes
system that earned qualifications consists
of 3Ms AC- 131 Surface Pretreatment, the
new Chrome Hazard Free Quick Dry Epoxy
Primer (CM0483712), SKYscapes 850 Series
basecoat (CM850113), and SKYscapes
clearcoat (CM0850180). Although SherwinWilliams has had other SKYscapes systems
be qualified to AMS 3095, this is the first system in which both the pretreatment and the
corrosion inhibitive primer do not contain
hexavalanet chromium. SKYscapes has become known as a high performance, multipurpose product. Besides AMS 3095 status,
it is also qualified to numerous general aviation OEM specifications. Sherwin- Williams
is one of the first major aviation industry
paint and coatings suppliers to have a chromate hazard free system to achieve AMS
certification. Sherwin-Williams provides the
finest in quality aerospace coatings, but also
delivers custom solutions for commercial
aircraft, including a full-range of specialized
livery color options in a line of products for
an outstanding, durable finish. Additionally,
its widespread global distribution network
dramatically speeds up the custom order
process so that they can now be delivered
and applied within only a few days.
Fresh Paint
Little Joe Industries offers the ADM Automatic Draw-Down Machine for use with
grind gages. The ADM automates the draw down process controlling scraper
angle, speed, and force. Since these aspects are no longer operator dependent your grind gage draw-downs will be more consistent while requiring less
operator training and supervision.
Uses existing grind gages and scrapers from your current supplier.
US and foreign patents apply.
Little Joe Industries
10 Ilene Court, Suite 4, Hillsborough, NJ 08844-1922
Phone: (908) 359-5213 Fax: (908) 359-5724
Web: www.littlejoe.com Email: info@littlejoe.com
Coatings World | 23
Patents
U.S. 8,623,460 B2
Valspar has been granted a patent for a
method for making an article comprised
of providing a substrate comprised of at
least one of ceramic, glass and polymeric materials; contacting a surface of tbe
substrate with a solution comprised of
at least one of a Ga, W, Al, Mn, Mo, Sb
or Te metal ion or mixtures thereof at a
concentration of approximately 0.01 to 3
mmol/l and pH of approximately 4.0 to
6.0 to form an activated surface on the
substrate; and applying a metal coating
on the activated surface of the substrate,
wherein the solution does not contain
Pd(II) ions, and wherein the article is
copper-free.
Metal Components
With Silicon-Containing
Protective Coatings Free Of
Chromium
U.S. 8,623,461 B2
MT Coatings LLC has obtained a patent
for a coating process for protecting a surface of a substantially chromium-free metal
AkzoNobel Patents
Redispersible Polymer
Powder
U.S. 8,623,462 B2
AkzoNobel has been granted a patent for a
water-redispersible polymer powder composition containing at least one modified natural latex obtained by mixing and reacting
natural latex with at least one radical initiator and/or with at least one oxidizing agent,
wherein the natural latex and the at least one
radical initiator and/or at least one oxidizing agent are mixed in an aqueous phase
and subsequently drying of the obtained
mixture, wherein the drying is selected from
spray drying, pulse combustion spray drying, freeze drying, fluidized bed drying, drum
drying and flash drying, said water-redispersible polymer powder composition further containing at least one water insoluble,
Polysaccharide-Based
Pigments And Fillers
U.S. 8,623,504 B2
Teknologian Tutkimuskeskus VTT has
been granted a patent for particles of a
polysaccharide derivative, having at least
one substituent with conjugated unsaturated bonds and exhibiting an index of
refraction in excess of 1.50, comprised of
a polysaccharide derivative selected from
the group of esters or ethers of starch, cellulose, dextrin or a hemicellulose, wherein
the substituent is selected from aromatic
radicals having 6 to 18 carbon atoms, alicyclic groups having 6 to 12 carbon atoms
and at least two conjugated unsaturated
bonds, and linear or branched aliphatic
hydrocarbyls having at least two conjugated unsaturated bonds, and mixtures of
two or more, and wherein the polysaccharide is comprised, in addition to a first substituent comprised of the substituent with
conjugated unsaturated bonds, a second
substituent bonded by ester or ether bonds
to the polysaccharide, wherein the second
substituent is comprised of a hydrocarbyl radical derived from a C2-20 aliphatic
group. CW
July 2014
Market Reports
NOTHING
Introducing Alex Color's new
WZ aqueous pigment dispersions
APE Free
Zero VOCs
Available in a wide range of
organic and inorganic pigments
Custom dispersions also available
888-ALEX COLOR
www.alexcolor.com
COLOR IS OUR MIDDLE NAME
New Products
AkzoNobel Unveils
Interpon Align Powder
Coatings for High Corrosion
Protection
AkzoNobels Powder Coatings business has launched an innovative twocoat, one-bake powder coating system
which offers customers significant
productivity and energy efficiency
Valspar Introduces
WeatherXL Crinkle Finish
for Coil Coatings
July 2014
Architectural
Samples
Construction
Acrylic Emulsions
Primers
Superior
Wood Flooring
Solvent-borne
Excellent chalky surfaces
glossy surfaces
DTM Coatings
Concrete
Admixtures
Cementitious unique processing capabilities
OptiColor XP
Coatings
value-added features
Industrial
Coating Resins
and Colorants
for the Architectural,
Industrial and
Construction markets
www.eps-materials.com 1-800-654-4242
New Products
MARKETS FLUCTUATE.
LEADERS ENDURE.
Reichhold Celebrates 85+ Years of Steadfast Innovation.
In 1927, our founder Henry Reichhold revolutionized the coatings industry by developing synthetic
resins that drastically decreased the dry time of the paint used on Ford Motor Companys Model-T
automobiles and enabled increased speed of production on the assembly lines. Now 85 years later,
that same spirit of innovation continues to ourish at Reichhold amidst the sea of economic change.
Although we take great pride in our time-honored history, it is our ongoing pursuit of excellence in areas
such as compliant water-borne technology that drives us today and will propel us well into the future,
thereby maintaining our long-established position as an industry leader.
While markets will always ebb and ow, Reichholds unwavering commitment to developing new and
innovative products for the customers and markets we serve will remain constant. We appreciate your
support throughout the years, and we anticipate creating a few waves as we surge forward.
Reichhold, Inc.
World Headquarters and Technology Center
P.O. Box 13582
Research Triangle Park, NC 27709
(919) 990-7500 (local) or (800) 431-1920 (toll-free)
www.reichhold.com
July 2014
kpianoforte@rodmanmedia.com
Coatings World | 33
The Biocidal
Products
Regulation (BPR),
another piece of
new legislaton
which came into
effect only in
September last
year, could turn
out to be an even
bigger challenge
than expected in
the industry.
by Sean Milmo
European Correspondent
milmocw@rodmanmedia.com
With REACH, which necessitates the drawing-up of safety dossiers on individual chemicals, coatings producers are already having to
reformulate their products because of raw materials at the moment relatively small in number being withdrawn by their manufacturers
or distributors due to the expense of gathering
safety data.
With the BPR, the safety data to be submitted for the approval of biocides is far more rigorous and expensive to collect. Also, even after
a dossier has been completed, there is no guarantee that a product will be authorized by the
EUs regulatory authorities, particularly those
at the national level.
Some national agencies, mainly in northern
Europe, are deeply sceptical about the safety of
July 2014
New projects
announced
in the oil and
gas sector and
allied industries
in Kenya,
South Africa
and Nigerial
are fueling
demand for
industrial paints
and coatings
products.
by Shem Oirere
Africa Correspondent
but the infrastructure sector is more exposed to the numerous risks in Nigerias
business environment.
The combined Kenya, South Africa
and Nigeria sales volume of industrial
paints and coatings across the three
countries stood at 101.2 million liters in
2012 according to the Frost & Sullivan
study, which is yet to be released officially and covers wood, powder, can
and coil, marine, and industrial protective coatings.
This is estimated to reach 142.1 million liters in 2017, the study said.
The market analyst, however, cautions on the impact of the rising price of
raw materials which it says is likely to
push up the cost of industrial paint and
coating production.
The fluctuating exchange rates are
also a cause for concern especially for
Kenyan industry participants, as most
raw materials used in the manufacturing of paints and coatings are imported, it said.
It also singles out South Africa paints
and coatings market players of being at
risk of losing customers to the influx of
competitively-priced paints and coatings
into South Africa from countries such as
China and India is diverting customers
from local manufacturers.
To remain competitive, local
participants in the South African,
Nigerian and Kenyan industrial paints
and coatings markets should offer
products with a high price-performance ratio and ensure availability,
the study said.They must also provide robust customer service and technical support to build and strengthen
relationships with suppliers, add value, and retain customers.
According to Lawrence local market
participants should consider affiliating with well-established international
brands in order to maintain high quality, while respecting the relevant health
standards, as well as obtain environmental compliance accreditation. These
affiliations will also assist in making
customers completely aware of the
grades of paints and coatings so that
they can use the right product for the
right application. CW
Coatings World | 37
C
The Columbian
market for
architectural,
automotive and
industrial paint
and coatings is
estimated at 36
million gallons,
of which Pintuco
claims to hold
nearly half.
olombias Pintuco is building out its network of Pintacasa branded paint stores
rapidly, having added 80 during 2013, and
targeting a total of 236 stores in Colombia in 31
cities, as well as locations in the Andean Region,
Central America and the Caribbean. Overall,
Pintuco plans to invest $22 million this year, according to recent statements to the local press by
Andrs Ortega Mndez, the managing director of
Pintuco, in Medellin. Within five years, the company hopes to elevate the network to include more
than 800 stores across Latin America, possibly
adding Mexico and Peru to its sales region.
Pintuco indicates that 95 percent of its
Colombian store network is franchise based
and that only five percent are company owned.
Pintuco also plans to expand the store network in
Ecuador this year through franchises. Growth in
the construction industry in Ecuador, in Colombia
and in Panama, is expected to lead to greater industrial sales in those countries this year.
The Colombian market for architectural, automotive and industrial paint and coatings is estimated at 36 million gallons, of which Pintuco claims
to hold nearly half. The architectural segment
represents 30 million gallons of the total and the
other segments combined represent six million, he
suggested. With a portfolio of products in all three
segments, Pintuco currently has sales in 11 countries, including: the Andean region in Colombia,
Ecuador and Venezuela; the Caribbean region
in Aruba and Curacao; and the Central America
region in Panam, Costa Rica, Honduras,
Nicaragua, Guatemala and El Salvador.
Pintucos market is served by nine paint and
coatings production plants and three distribution centers. Total paint and coatings sales for
the company were up five percent to an estimated $240 million last year in Colombia, and
to $360 million in sales in other countries. Sales
increases in prior years were in the double-digit
range, the company indicated.
Paint and coatings are the leading products
for Pintuco parent Orbis, which changed its
A formula, once
understood,
could save a
grat deal of
time upfront
in mergers
and acquisiton
considerations.
July 2014
Conclusion
The purpose of these index thresholds is
not to provide a rigid screen to separate
competitively benign mergers from anticompetitive ones, although high levels of concentration do raise concerns.
They actually provide one of several
methods to identify some mergers unlikely to raise competitive concerns and
some others for which it is particularly
important to examine whether other
competitive factors confirm, reinforce,
or counteract the potentially harmful
effects of increased concentration. The
higher the post-merger HHI and the increase in the HHI, the greater are the
Agencies possible competitive concerns
and the greater is the possibility that the
Agencies will request additional information to conduct their analysis. CW
Coatings World | 41
nce again, CoatingsWorld brings the industry our Top Companies Reportthe only truly global ranking of the top manufacturers
of paints, coatings, adhesives and sealants. Our editorial staff has spent many hours researching the industry to provide you with
the most accurate ranking of paint and coatings manufacturers operating in the global industry. Rankings are based on annual
sales in U.S. dollars. For companies based outside the U.S., sales are translated into U.S. dollars using exchange rates from the companys
fiscal closing date. For privately held companies who choose not to disclose sales figures, our staff interviews different industry sources
coupled with our own research to come up with an accurate estimate of annual sales. We profiled 87 companies in this report. All have
sales of $100 million or more annually. Companies marked with an asterisk in the ranking on the following page represent Coatings World
estimate. Bold companies are those making their first appearance as a Top Company.
The Top Companies Report is intended to provide our readers with a snapshot of the industrys most influential players. We hope you
will come away with a clearer insight into the future of this truly global and always evolving industry. If you are a paint, coatings, adhesives
or sealants manufacturer with sales of $100 million or more for fiscal 2013 and would like to be included in our Top Companies Report,
contact me and I will add your company to the online version.
First Timers
Pintunco $629,000 million
WEG $189,586 million
MIDO Coatings $102,897 million
2013 Top 20
01 AkzoNobel 02 PPG 03 Henkel 04 Sherwin-Williams 05 Axalta
06 RPM 06 Valspar 08 BASF 09 Kansai 10 Sika 11 3M 12 Nippon 13 Asian Paint
14 H.B. Fuller 15 Jotun 16 Masco 17 Hempel 18 Comex
19 DAW 20 Materis
42 | Coatings World
www.coatingsworld.com
July 2014
$13.300 billion
$314,805 million
2. PPG (USA)
$12.78 billion
$297,000 million*
3. Henkel (Germany)
$11.174 billion
$295,000 million*
4. Sherwin-Williams (USA)
$9.340 billion
$290,000 million
5. Axalta (USA)
$4.300 billion
$288,200 million
6. RPM (USA)
$4.100 billion
$265,000 million*
6. Valspar (USA)
$4.100 billion
$261,000 million
8. BASF (Germany)
$3.95 billion
$255,000 million
9. Kansai (Japan
$3.126 billion
$240,630 million
$$3.118 billion
$232,561 million
11. 3M (USA)
$2.300 billion
$230,000 million*
$2.290 billion
$230,000 million*
$2.080 billion
$223,000 million*
$2.074 billion
$222,610 million
$1.965 billion
$215,000 million*
$1.900 billion
$214,000 million
$1.699 billion
$207,000 million*
$1.400 billion
$190,000 million*
$1.300 billion*
$189,586 million
$1.090 billion*
$185,000 million*
$1.000 billion
$175,000 million*
$926,000 million
$172,000 million
$889,484 million
$170,000 million*
$887,900 million
$168,000 million*
$870,000 million
$162,000 million
$810,000 million
$160,000 million
$700,000 million
$160,000 million*
$673,000 million
$154,000 million
$629,990 million
$153,000 million
$600,000 million*
$150,500 million
$536,000 million
$149,000 million
$521,780 million
$146,000 million
$509.2 million
$145,000 million
$493,000 million*
$140,336 million
$489,000 million
$137,000 million
$440,000 million
$136,000 million*
$429,230 million
$135,520 million
$424,000 million
$133,000 million
$405,000 million*
$125,000 million*
$379,887 million
$124,000 million
$355,000 million*
$123,582 million
$350,000 million*
$102,897 million
$345,000 million
$102,000 million
$321,476 million
July 2014
www.coatingsworld.com
Coatings World | 43
17
43
67
71
20 6
21
06
49
16
11
71
16
72
68
48
86
60
04 02 53
30
05
70
37
39
18
29
55
63
ALPHABETICALLIStING
Hempel - 17
3M -11
Betek - 36
dulux group - 25
Henkel - 03
ace paint - 63
boero group - 89
Dunn-Edwards - 47
ICA Group - 79
AkzoNobel - 01
carpoly - 35
empils - 83
Industrias Titan - 64
asahipen - 77
chokwang - 73
ennis-Flint- 39
Jotun - 15
Asian Paints - 13
flh group - 60
jw ostendorf - 50
atomix - 87
CIN - 51
flugger - 43
Kayalar kimya - 78
AXALTA -05
Cloverdale Paints - 67
Kansai Paint - 09
BASF - 08
Comex - 18
Grebe Group - 62
Kapci coatings - 66
Beckers - 27
H.B. Fuller - 14
KCC - 26
Benjamin Moore - 30
DAW - 19
Helios - 37
Kelly-Moore - 49
July 2014
64
24 38
14
27
03
08
01
50
44
60
43
74
19
59
26
37
89
83
42
78 76
24 80
44
87
42
40
78
36
54
78
61
52
86
66
81
31
34
10
57
58
57
35
69
32
11
22 28
51 74
54
31
13
55
45
25
kikusui chemical - 61
russian coatings - 74
tiger coatings - 46
kunsul - 45
noroo - 38
samwha - 82
Tikkurila - 24
lord Corp. - 41
origin electric - 80
shanghai coatings - 33
tnemec - 83
Masco - 16
pachin - 81
Shawcor - 21
Toa Group - 47
materis - 20
pacific paint - 55
Sherwin-Williams - 04
Tohpe - 70
MIDO - 86
Pintuco - 29
Shinto Paint - 53
Valspar - 06
musashi - 42
PPG - 02
Sika - 10
whitford - 72
National Paints - 34
sk kaken - 22
WEG - 63
natoco - 69
renner sayerlack - 55
taiho paint - 54
Yasar - 52
nihon tokushu - 44
Rock Paint - 58
tambour - 57
Yips Chemical - 76
Nippon Paint - 12
RPM - 6
teknos group - 40
Yung Chi - 59
Coatings World | 45
Top Companies
01
2014
AkzoNobel
Amersterdam, the Netherlands
www.akzonobel.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1994
REVENUE: $13.3 billion s (2012: $12.85 billion)
MARKETS SERVED
Decorative paints Marine and protective coatings
Auto and aerospace coatings Industrial coatings
Powder coatings
KEY EXECUTIVES
Ton Bchner, chairman and CEO; Ruud Joosten, executive
committee member, Decorative Paints; Conrad Keijzer, executive
committee member, Performance Coatings; Coatings marketing
directors: Sucheta Govil (Decorative Paints), Roger Jakeman
(Performance Coatings); technical directors: Trudy Schoolenberg
(Decorative Paints), Klaas Kruifhof (Performance Coatings);
Decorative Paints Latin America - key manager: Jaap Kuiper;
Decorative Paints China & North Asia - key manager: Lin Lianqi;
Decorative Paints North and Central Europe - key manager: Amit
Jain; Decorative Paints South East Europe & Africa - key manager:
Jan-Piet van Kesteren; Decorative Paints India & South East Asia key manager: Jeremy Rowe; Automotive and Aerospace Coatings
- key manager: Jim Rees; Marine and Protective Coatings - key
manager: Rob Molenaar; Industrial Coatings - key manager: AB
Ghosh; Powder Coatings- key manager: John Wolff.
July 2014
Top Companies
02
2014
PPG Industries
Pittsburgh, Pennsylvania/USA
www.ppg.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1883
REVENUE: $12.78 billion s (2012: $11.48 billion)
SEGMENT BREAKDOWN
Aerospace coatings
Packaging coatings
Industrial coatings
KEY EXECUTIVES
Charles E. Bunch, chairman and CEO; Michael
H. McGarry, executive VP; Viktor R. Sekmakas,
executive VP; Cynthia A. Niekamp, senior VP,
automotive OEM coatings; Bryan Iams, VP,
corporate communications, marketing, and
government and community affairs; Charles F.
Kahle II, VP, coatings research and development
and CTO; Barry N. Gillespie, VP, Aerospace
Products; Timothy M. Knavish, VP, Protective and
Marine Coatings; John R. Outcalt, VP, Global
Automotive Refinish; Douglas S. Pegg, VP,
Packaging Coatings; Michael Horton, president,
PPG Asia Pacific and VP, Automotive Refinish and
three percent year-over-year. The industrial coatings business experienced varied sales volume results by region compared with the
prior year, as strong improvements across emerging regions and
modestly higher volumes in North America were offset by weak
demand in Europe.
Architectural Coatings EMEA net sales decreased to $85 million due to lower sales volumes as economic conditions worsened
in most European countries. However, market demand improved
somewhat in the second half of the year but remained negative overall and mixed across the region. Poor weather conditions in the first
half of 2013 were also a contributor to the decline in sales volumes.
The decline in sales volumes was partially offset by the impacts of
favorable pricing and foreign currency translation.
July 2014
www.sincol.com.cn
Top Companies
03
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1876
REVENUE: $11.174 billion s (2012: $10.61 billion)
MARKETS SERVED
Adhesives Sealants Special Purpose coatings
KEY EXECUTIVES
Kasper Rorsted, chairman and CEO; Jan-Dirk Auris,
executive VP Adhesive Technologies and member of the
board. Senior VPs of Adhesive Technologies: Ramon
Bacardit, Research; Julian Colquitt, North America,
General Industry; Jean Fayolle, Packaging Industry; Eric
enkels Adhesives Technologies business sector comprises five business units: Adhesives for Consumers,
Craftsmen and Building, Transportation and Metal:
General Industry; Packaging, Consumer Goods and Construction Adhesives; and Electronics. Adhesives were up 2.7 percent
with sales of $11.174 billion.
2013 was a very successful year for Henkel. Despite a challenging and highly competitive market environment, we achieved our
financial targets and made significant progress in implementing our
strategy 2016, said Henkel CEO Kasper Rorsted. We achieved
profitable growth and increased market share in all our business
units. All regions contributed to the solid organic sales growth. As
in previous years, emerging markets showed a very strong development. In these countries, however, foreign exchange effects had a
stronger impact on reported sales.
Looking at the fiscal year 2014, Rorsted said: The economic
environment remains challenging and we expect persisting foreign
exchange effects, particularly in the first half of the year. Thus, we
will continue to further simplify and improve our processes and
structures, making us more flexible and more efficient. We are focused on implementing our strategy in order to deliver on our ambitious financial targets for 2016.
The economic environment for the Adhesive Technologies business unit was characterized by moderate growth in relevant markets,
which was in many instances lower than initially forecasted. The
effects were felt mainly in the emerging markets outside Europe,
and in the markets of Western Europe and North America. Trends
in important industrial markets such as those in the automotive
and electronics industries were subdued. Private consumption remained largely stable. Global market growth was again driven by
positive development overall in the emerging markets. The highest
rate of growth was seen in Asia (excluding Japan). The markets in
Western Europe and the mature markets of the Asia-Pacific region
declined slightly. The markets of North America showed a moderate increase.
The Adhesive Technologies business unit achieved solid organic
sales growth in the reporting period, and an excellent increase in
adjusted return on sales, thus continuing its profitable growth trend
of the previous years. Organically i.e. adjusted for currency exchange and acquisitions/divestments sales grew by 2.7 percent
overall, slightly more than the market as a whole. This was achieved
July 2014
2014
Top Companies
Sherwin Williams
Cleveland, Ohio/USA
www.sherwin-williams.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1866
REVENUE: $9.34 billion s (2012: $7.855 billion)
(Note: Sherwin-Williams reported total revenue
of $10.18 billon for fiscal 2013. However, for
purposes of this report, sales of painting tools
and equipment in the Paint Stores Group are not
04
KEY EXECUTIVES
Christopher Connor, chairman and CEO; John Morikis,
president and COO; Sean Hennessy, senior VP, finance
and CFO.
ucts, aerosols, caulks and adhesives. Major brands include Dutch Boy, Krylon, Minwax, Thompsons WaterSeal, Pratt and Lambert, Martin Senour,
Ronseal and Duraseal. The companys Global Finishes Group comprises
19.7 percent of total sales and manufactures and sells a wide range of
OEM product finishes, protective and marine coatings and automotive
finishes to a customer base in 120 countries. Key brands include SherwinWilliams, Lazzuril, Excelo and Baco. The Latin America Coatings Group
encompasses 8.2 percent of total sales. It manufactures a wide range of
architectural paints and industrial coatings throughout Latin America.
Coatings World | 51
Top Companies
05
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1802
REVENUE: $4.3 billion s (2012: $4.3 billion)
MARKETS SERVED
Automotive OEM Collision repair Industrial Coatings
KEY EXECUTIVES
Charles. W.Shaver, chairman and CEO; John McCool,
president, RobertBryant, EVP and chief financial
officer;Steven Markevich, SVP and president,
OEM;Michael Cash, SVP and president, Industrial
Coatings;Panos Kordemenos, SVP and chief technology
officer;Michael F. Finn, SVP and general counsel;Martin
Horneck, SVP and chief procurement and logistics
xalta Coating Systems (formerly DuPont Performance Coatings) is a global supplier of coatings to the transportation
and industrial sectors. The company posted sales of $4.3
billion for 2013.
Axalta moved its Corporate and North America headquarters
to Pennsylvania and opened new regional headquarters for Asia Pacific in Shanghai. The company globally launched Cromax as the
name of one of Axaltas leading refinish brand families that includes
products such as Cromax Pro, Chroma Premier, ChromaBase and
Centari. Along with a bold new logo that visually conveys the spirit
of the brand, the launch of Cromax is part of Axaltas on-going
commitment to its customers to be built for performance.
This year Axalta also introduced f Nap-Gard 7-2555, which can
withstand continuous operating temperatures of 155C (311F).
Nap-Gard High Tg 7-2555 is a thermosetting epoxy powder designed for use as a corrosion barrier coating for underground and
sub-sea pipelines that operate in high temperature service.
The company also launched Cromax Mosaic in the U.S. and
Canada, a new fully featured solvent basecoat for collision repair to
help provide outstanding coverage, color match and blendability.
Cromax Mosaic was designed to provide an excellent alternative
to waterborne coatings and meet applicable regulations for volatile
organic compounds (VOCs) in most U.S. jurisdictions and Canada.
Other key products from Axalta include:
July 2014
RESPONSIVE
customer service on both coasts
manufacturing on both coasts
laboratories on both coasts
North American sales coverage
FLEXIBLE
products tailored to your application
multiple technologies utilized to solve problems
individual customer focus
Let Specialty Polymers
find your solution
www.specpoly.com
1-800-770-7523
Top Companies
06
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1947
REVENUE: $4.1 billion s (2012: $2.7 billion)
MARKETS SERVED
Roofing systems Caulks and sealants
Flooring systems Corrosion control coatings
Primers-sealers Specialty paints
Hobby and craft paints Wood stains and finishes
Rust-preventative paints
KEY EXECUTIVES
Frank C. Sullivan, chairman and CEO; Ronald A. Rice,
president and COO; Thomas Reed, Rust-Oleum Group;
John McLauglin, DAP Group; Michael Tellor, RPM2 Group;
Paul G.P. Hoogenboom, Tremco Group; Reiner Eisenhut,
Tremco Illbruck Group; David Reif, Performance Coatings
Group.
July 2014
ADVERTISEMENT
2014
HEADQUARTERS
No.922, Zhongxing Rd., Yanchao Dist., 82447 Kaohsiung, Taiwan
Tel.: +886-7-6161234 Fax #: +886-7-6160000
E-mail: sales@ylresin.com Web: www.ylresin.com
Company Introduction
Yuen Liang Industrial & Co Ltd. (a.k.a. YL), established in
1975, is a privately owned manufacturer of petroleum resins for
a wide range of industrial applications in Taiwan.
For the past thirty-seven years, YL has acquired the ability to
manufacture different kinds of C9 resin products to help
customers to their products better. To achieve this goal, YL
keeps investing in their research and development, enriching
employee training, broadening their after-sales services and
enhancing cooperation with various customers. YL's vision is to
grow with their precious customers everyday.
Product Application
YLs manufacturing and raw material flexibility allows them to
provide and supply products for various applications including
lithographic printing ink, gravure Ink, paint, hot melt adhesive,
contact adhesive, rubber compound, Color Asphalt, Wetter in
Plastics & Filler.
YLs research and development team is responsible for new
product development to meet the needs of customers and to
respond to market demands.
They also work with the technical service and manufacturing
teams to assist the customer and help them achieve optimum
application performance as well as helping the customer solve
technical problem. Together, research and development,
technical service and the manufacturing team provide material
qualification, feed blend qualification and assist in process
improvement and problem solving.
YL's market representatives are not only salespeople, each has
laboratory experience and is fully trained to know and
understand the complete line of YL products and their
application.
YLs products are global and are sold in such diverse places as
Europe, North and South America, the Middle and Far East,
Africa, and Asia.
Paint
Printing Ink
Adhesive
Rubber
Civil
Color Asphalt
Top Companies
06
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1806
REVENUE: $4.1 billion s (2012: $4.03 billion)
MARKETS SERVED
Architectural coatings General industrial Coil
coatings Wood coatings Automotive refinish
alspar reported that net sales for fiscal year 2013 grew
to more than $4.1 billion. Paints segment results were
strong in 2013, with net sales increasing 4 percent to
$1.7 billion. The Coatings segment contributed to increased
net sales of 2 percent, reaching $2.2 billion in 2013. The U.S.
comprises 54 percent of sales, Europe 17 percent, China 11
percent, Australia 8 percent. Latin Amercia 6 percent, ROW 2
percent and Canada 2 percent. Valspars Coatings segment had
$2.2 billion in net sales. Valspars Coatings segment includes
four product lines: packaging, general industrial, coil and wood
coatings. Valspars Paints segment had net sales of $1.7 billion.
Valspars Paints segment includes consumer paint products in
the U.S. Australia and China. The company attributed strong
brands, acquisitions and partnerships, innovation and excellent
distribution as key drivers for growth in consumer paints. In
addition, the Paints segment includes an auto refinish product
line. Consumer paint brands include Valspar, Cabot, Devine
Color, Guardsman, Huarun, PlastiKote, Solver and Wattyl.
Brands for auto refinish include Valspar, De Beer, House of
Kolor and .Octoral.
KEY EXECUTIVES
Gary Hendrickson, chairman and CEO; James Muehlbauer,
EVP and CFO; Steve Erdahl, EVP.
with the addition of Ace Hardware in 2013. In this partnership, Valspar will supply all of Aces private label paint and
expect to introduce Valsparbranded paint to over 3,000 Ace
Hardware stores. In fiscal 2014, Valspar-branded paint products will be available in nearly 10,000 retail outlets throughout
North America. Following a successful testing period this year
in B&Q, one of Europes leading home improvement retailers,
the company distribute Valspar-branded products to 350 B&Q
stores in the UK and Ireland in early 2014.
Valspar and Lowes have introduced Valspar Reserve Paint +
Primer with HydroChroma Technology, super premium paint designed to revolutionize the way consumers paint their homes. Created to deliver durability that stands up to real-life applications,
Valspar Reserve resists more staining, scrubbing and fade than any
other paint on the market today.
According to Valspar, its Valspar Reserve interior paint is 40
percent more durable with superior stain and scrub resistance,
making it ideal for all applications in the home. In addition to
increased durability, the exclusive HydroChroma Technology,
a water-based colorant system with super-strength pigments,
offers a broader range of deeper, more vibrant colors. This technology allows consumers to color match more precisely while
delivering exceptional one-coat coverage even over dark colors
and bold patterns.
Ace Hardware and Valspar Paint unveiled Helpful is Beautiful, a new advertising campaign. Using familiar concepts from the
beauty industry, the integrated campaign was created to introduce
consumers to the new Paint Studio at Ace.
Launching nationally in over 3,200 locally owned Ace
Hardware stores, The Paint Studio was designed around the
insight that consumers seek a more style-inspired and personal paint shopping experience rather than a traditional
trip to the hardware store. The Paint Studio offers consumers a boutique-style experience with exclusive paint collections
from Clark+Kensington, Valspar Optimus and Valspar Aspire
displayed in unique drawers and on eye-catching racks with
bright lighting and tools to make the color selection process
simple. Paired with the helpful service and knowledgeable advice customers can expect from Ace associates, The Paint Studio provides a world-class paint experience right in consumers
neighborhood hardware stores.
July 2014
2014
Top Companies
BASF Coatings
Muenster, Germany
www.basf-coatings.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1865
REVENUE: $3.95 billion s (2012: $3.808 billion)
MARKETS SERVED
Automotive OEM Automotive refinish
Commercial vehicles Decorative coatings
Industrial coatings
ASF Coatings is a division of BASF SE. BASFs Coatings division develops, produces and markets innovative automotive
coatings, automotive refinishes and industrial coatings as well as
decorative paints. BASF Coatings operate sites in Europe, North America and South America as well as Asia Pacific. Within this network, the
company collaborates closely with its customers all over the world. In
2013, the Coatings division achieved global sales of $3.95 billion.
BASF has invested approximately $3.4 million in its Demarchi coatings site, located in the state of So Paulo, Brazil, to expand its capacity to
service Brazils automotive industry with waterborne automotive coatings.
The goal is to meet market demands generated by new car makers setting up their plants in the country and by the trend of using waterborne
technology rather than solvent-borne. BASF is the pioneer in developing
waterborne basecoats for the automotive industry. The technology is ecoefficient because water replaces most of the organic solvents.
In addition to the traditional clients such as GM, Volkswagen,
Fiat and PSA, and a strong presence in the segment of coatings for
trucks, BASF has in the past years conquered new supply contracts,
which include car makers such as Hyundai and Chery.
Another trend in the market is the use of integrated processes
where the paintline is shortened by one step. This means that less
material, time and energy are used. At the same time, the same application quality can be achieved.
In South America, BASF has two plants where automotive coatings are produced, one in Demarchi, Brazil, and the other in Buenos
Aires, Argentina.
In 2013, Brazil was the fourth biggest car sales market in the world
and on the seventh place worldwide as car producer, according to the
International Organization of Motor Vehicle Manufacturers (OICA).
BASF is expanding its business in industrial coatings in the
growth market of Africa. Since October 2013, the company has
supplied coil coatings to Roofings Rolling Mills (RRM), located in
Uganda. BASF and its technical service were also on hand when the
new coil coating lines were put into operation.
RRM is part of the Roofings Group, East Africas largest steel
producer. At its site in Namanve Industrial Park, RRM operates
three production lines with an annual capacity of 240,000 metric
tons. BASF has supplied a Pevicoat mixing unit, based on site at
RRM. The Pevicoat unit is a computer-assisted paint mixing system
that can mix any color and gloss level within a very short time.
08
KEY EXECUTIVES
Markus Kamieth, President, BASF SE Coatings Division
Coil coatings are used to coat aluminum and steel coils before
they are processed further into an array of different products in
the construction, household appliance and automotive industries.
These products range from refrigerators to building faades. Since
the panels are stamped, rolled and joined, the coating has to be extremely flexible and elastic so that it does not flake off. At the same
time, however, it has to meet the requirements for scratch resistance.
RRM has invested $125 million in the site in Uganda, including for
the coil coating line. The company also acquired technical support from
its Japanese partner Yodogawa Steel Works and uses its technologies.
Yodogawa Steel Works has produced coated coils for 75 years.
Coatings World | 57
Top Companies
09
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1918
REVENUE: $3.126 billion s (2012: $3.122 billion)
MARKETS SERVED
Automotive coatings Decorative coatings Industrial
coatings Marine and protective coatings
KEY EXECUTIVES
Hiroshi Ishino, president; board of directors: Mitsuhiro
Fukuda, Masanobu Ota, Kunishi Mouri, Masaru Tanaka,
Yoshikazu Takahashi, Koji Kamikado, Hidenori Furukawa,
Shigeaki Nakahara.
to its consolidated business results for the entire period under review.
Other Regions: Despite a slow-down in economic growth in
Turkey accompanied by a worsening of the sovereign debt crisis
in Europe, Kansais revenue registered an increase, especially in the
field of industrial coatings. Moreover, with the recovery in North
American automotive sales, equity in earning of affiliates increased,
which also contributed to this growth in revenue.
Africas number one coatings company, Kansai Plascon Africa Limited has
partnered with Astra management and staff to acquire a 63.25 percent
interest in the issued share capital in Astra Industries Limited, from the
Finance Trust of Zimbabwe (Private) Limited. The deal, worth in the region of $5.5million, will place Kansai Plascon at the head of the coatings
market in Zimbabwe. The acquisition shows Kansai Plascons faith in Zimbabwe, which is in the process of rebuilding its economy, as well as the
confidence it places in the experienced management team that heads up
Astra. Astra Paints, Astras major subsidiary, is Zimbabwes leading paint
company. The other operating subsidiary is Astra Chemicals, which markets and distributes a diversified range of chemical products to industry.
Astra Paints is currently the largest paint manufacturer in Zimbabwe and
has two operating factories in Harare and Bulawayo. Astra Paints also
enjoys 40 percent of the market share in Zimbabwe, with an especially
strong footprint in Harare and Bulawayo. One of Kansai Plascons key
strategies is to expand its leadership position into the rest of Africa. The
inclusion of Astra Paints in Zimbabwe further strengthens Kansais presence in Southern Africa, as it already has factories and brand presence in
Botswana, Namibia, Zambiaand Malawi. Where Kansai Plascon does not
have a factory in a region, it exports out of South Africa into retail outlets
and directly to contractors. It has been exporting to various countries in
Africa since 2004 including: Mozambique, Seychelles, Mauritius, Kenya
and Nigeria. Hiroshi Ishino, president of Kansai Paint, indicated that it
has been Kansais intention to invest in Africa through its holding in Kansai Plascon. This investment, he said, is the first major acquisition since
Kansai Paint acquired Freeworld in 2011. According to Kansai Plascons
chief executive officer, Nauman Malik, the acquisition of Astra Paints,
Zimbabwe, will further entrench Kansai Plascons leadership position as
the number one coatings company in Africa. The acquisition will allow
the organization to focus further on its expansion plans and its aim to
continue leading the industry.
July 2014
2014
Top Companies
Sika AG
Baar, Switzerland
www.sika.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1910
REVENUE: $3.118 billion s
(2012: $2.834 billion)
MARKETS SERVED
Adhesives Sealants Protective coatings
10
KEY EXECUTIVES
Paul Hlg, chairman of the board; Jan Jenisch, CEO; Group
management: Paul Schuler, EMEA; Jose Luis Vazquez,
Latin America; Silvio Ponti, building systems and industry;
Christoph Ganz, North America; Ronald Trchsel, CFO;
Ernesto Schmperli, concrete and waterproofing; Heinz
Gisel, Asia Pacific; and Urs Mder, technology.
Coatings World | 59
/06
Top Companies
11
2014
3M
St. Paul, Minnesota/USA
www.3M.com
MARKETS SERVED
Adhesives and sealants Pipe coatings
PUBLIC COMPANY
YEAR ESTABLISHED: 1902
12:19 PM Page 1
REVENUE: $2.3 billion s (2012: $2.3 nn)
KEY EXECUTIVES
Inge G. Thulin, chairman, CEO and president; H.C. Shin,
executive VP, international operations; Michael F. Roman
CHEMARK
THE
CHEMARK
CONSULTING
GROUP
Chemark Consulting Group is
a 30-year-old management
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concentrates on tactical &
strategic activities surrounding
all industries pertaining to coatings, adhesives, sealants,
resins, polymers and additives.
Since 1975, its global clients
include product formulators,
raw materials and application
equipment suppliers and
end-users.
Core Competencies
Value Implications for CLIENTS
Value Systems Analysis
Customer Relationship
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Position, Growth,
Competitive, Image Analysis
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Strategy Business Assessment
& Planning
COATINGS
ADHESIVES
SEALANTS
&
SPECIALTY
CHEMICALS
July 2014
2014
Top Companies
Expect
more...
12
pon Paint (M) Sdn Bhd Group general manager Gladys Goh Kaye
Jen said the Philippine paint and coatings market is approximately
$760 million, 65 percent of which is made up of the decorative or
architectural paints segment.
Nippon Paints has been in the Philippines since the 1970s, catering mostly to the industrial market by producing coatings for
motorcycle, automotive and marine/shipbuilding industries. This
segment of the company has been growing in the country by 10 to
15 percent annually.
The paint-maker, which has a presence in 15 countries and employs 15,000 workers across Asia, had been absent in the biggest
money-maker for paint makers in the Philippines until the launch of
Nippon decorative paints.
Coatings World | 61
Top Companies
13
2014
PUBLIC COMPANY
YEAR ESTABLISHED: 1942
REVENUE: $2.08 billion s (2012: $1.99 billion)
MARKETS SERVED
Architectural coatings Industrial coatings
Automotive coatings
sian Paints had sales of $2.08 billion for 2013. Architectural/decorative comprised 90 percent of sales and industrial and automotive comprised the rest. Asian Paints has
23 manufacturing facilities worldwide: 13 in Asia, 5 in the Middle
East, 2 in the South Pacific and 3 in the Caribbean. Key brands in
India include for exterior walls: Apex, Ace, Apex Ultima, Apex
Ultima Protek and Apex Duracast; interior walls: Royale, Royale
Aspira, Royale Play, Tractor, Premium Emulsion, Apcolite and
Utsav; metal surface: Utsav, Premium Enamel and wood: PU,
Touchwood and Polyester.
Asian Paints recently entered into a binding agreement with
ESS ESS Bathroom Products Pvt Ltd and its promoters, to acquire
14
its entire front end sales business including Brands, Network and
Sales Infrastructure, subject to satisfaction of certain conditions
precedents and applicable statutory approvals. ESS ESS Bathroom
Products Pvt Ltd. is a prominent player in the bath and wash business segment in India and has high quality products in this segment.
Asian Paints signed an agreement with the shareholders of
Kadisco Chemical Industry PLC, Ethiopia, to acquire directly or
through its subsidiaries 51 percent of the equity share capital of Kadisco. This acquisition is subject to applicable regulatory and other
approvals. Kadisco is engaged in the manufacturing and selling of
paints, other coatings and adhesives in Ethiopia.
PUBLIC COMPANY
YEAR ESTABLISHED: 1887
REVENUE: $2.074 billion s (2012: $1.886 billion))
KEY EXECUTIVES
K.B.S. Anand, MD and CEO; Amit Syngle, president
architectural coatings, India; Jalal Dani, president
international operations; Jayesh Merchant, CFO and
company secretary, president, industrial JVs India.
MARKETS SERVED
Adhesives
KEY EXECUTIVES
Jim Owens, president and CEO; James Giertz, senior VP and
CFO; Joan Schuller, VP, AsiaPacific; Steven Kenny, senior
VP, EIMEA; Barry Snyder, VP and chief technology officer.
July 2014
2014
Top Companies
Jotun AS
Sandefjord, Norway
www.jotun.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $1.965 billion s (2012: $1.953 billion)
MARKETS SERVED
Decorative paints Marine and protective coatings
Industrial coatings Powder coatings
KEY EXECUTIVES
Morton Fon, president and CEO; Brd K. Tonning,
decorative paints; Esben Hersve, performance coatings;
Ram Ramnath, powder; Geir Be; Bjorn Wallentin,
protective.
Masco Corp.
Taylor, Michigan/USA
www.masco.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1929
REVENUE: $1.9 billion s (2012: $1.8 billion)
MARKETS SERVED
Architectural coatings
asco Corp. reported net sales of $1.9 billion, representing 23 percent of total net sales for Masco. The company
produces architectural coatings including paints, primers, specialty paint products, stains and waterproofing prudcts. The
products are sold in the U.S. and Canada through do-it-yourself
channels under brands including Behr and Kilz. The firms high
profile Behr products are sold through The Behr Process Corporation to The Home Depot, the segments and the companys largest
company.
Masterchem Industries, maker of KILZ brand products, has
launched KILZ HIDE-ALL, a new primer sealer product available
at Lowes stores nationwide. Available in a project size two-gallon
bucket, the primer and sealer offers contractors, paint and wall covering professionals, remodeling professionals and property managers excellent hide at a competitive price point.
15
16
KEY EXECUTIVES
Richard Manoogian, chairman; Timothy Wadhams,
president and CEO; Donald DeMarie, executive vice
president.
Coatings World | 63
Top Companies
17
2014
Hempel A/S
Kgs. Lyngby, Denmark
www.hempel.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1915
REVENUE: $1.699 billion s (2012: $1.6 billion)
MARKETS SERVED
Architectural Marine and protective coatings
Container coatings Yacht coatings Decorative coatings
18
Comex
Mexico City, Mexico
www.comex.com.mx
PUBLIC COMPANY
YEAR ESTABLISHED: 1959
REVENUE: $1.4 billion s (2012: $1.4 billion)
KEY EXECUTIVES
Pierre-Yves Jullien, group president and CEO; Kim Junge
Andersen, group executive vice president and CFO;
Marketing directors: Klaus Moeller (Protective), Christian
Ottosen (Marine), Monica Li Aviram (Decorative); David
Deters, VP, group R&D.
MARKETS SERVED
Architectural coatings Industrial coatings
Automotive refinish coatings OEM (non-automotive)
KEY EXECUTIVES
Marcos Achar, CEO, Comex Group; Leon Cohen,
president, Comex Mexico; Marcos Achar Meyohas, vice
president treasurer; Elias Achar, vice president operations.
marine is about 18 percent, Achar noted in local interviews following the CFC decision.
Comex produced paints and coatings in 16 North American
locations, including eight in Mexico, five in the U.S. and three in
Canada, through its acquisition of PPI several years ago. Out of
the companys $935 million revenues, 65 percent came from architectural segment sales, 25 percent from industrial sales and the
remainder from all other segments. Comex enjoys a relationship
with Mexicos national oil company Pemex, for which it has helped
develop paint and coatings quality standards that are utilized at
times as a de facto national standard. Comex also exports to the
Caribbean, where it has been building a network of more than 90
stores. Among countries in its network there are: Belize; Costa Rica;
El Salvador; Guatemala; Honduras; Nicaragua and Panama.
July 2014
2014
Top Companies
MARKETS SERVED
Architectural coatings
KEY EXECUTIVE
Ralf Murjahn, CEO.
MARKETS SERVED
Architectural coatings
19
20
KEY EXECUTIVES
Olivier Legrain, Materis chairman; Rene Riu, president,
Materis Paints.
five in Argentina.
Materis is one of the world leaders in specialty materials for
construction, with leadership positions in aluminates, admixtures,
mortars and paints.
Materis enjoys high barriers to entry resulting from global coverage, innovative and high value-added products, outstanding quality
of service, recognized brands and close relationships with its clients.
Materis has also built a portfolio of premium brands and an integrated distribution network of nearly 400 sales outlets in Europe
(paints) and 1,000 in China (mortars). It has leadership positions in
high-growth regions, where 30 percent of its sales are generated (3050 percent for certain businesses, excluding paints), with margins
comparable to those in mature markets.
Coatings World | 65
Top Companies
21
2014
22
Shawcor
Toronto, Ontario, Canada
www.shawcor.com
PUBLIC COMPANY
REVENUE: $1.00 billion
MARKETS SERVED
Markets served: Pipe coatings
KEY EXECUTIVES
V.L. Shaw, chair of the board; W.P.
Buckley, president and CEO; J.D. Tikkanen,
Bredero Shaw.
23
PUBLIC COMPANY
YEAR ESTABLISHED: 1917
REVENUE: $889,484 million
MARKETS SERVED
Marine coatings Industrial coatings
Container coatings
Adhesives
KEY EXECUTIVES
Tetsuo Yamazumi, chairman; Masataka
Uetake, president and CEO.
hugoku Marine Paints manufactures paint for ship, industrial and containers uses, as well as adhesives. The company
recorded sales of $889 million for 2013. The company was
established in 1917 and is headquartered in Tokyo, Japan.
One of Chugoku Marine Paints newest offerings is SEAFLO
NEO. SEAFLO NEO is a new generation high performance TBTfree hydrolysis antifouling, utilizing a unique polymer to deliver an
ultra smooth surface with self-leveling technology and excellent selfpolishing performance, the company reported. The SEAFLO NEO
line of products provide long-term antifouling protection, low friction resistance in resulting low-fuel consumption. The company
stated that SEAFLO NEO is the lowest VOC(330g/L) antifouling in
the hydrolysis category.
SK Kaken
Ibaraki-City, Japan
www.sk-kaken.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1955
REVENUE: $926,000 million
MARKETS SERVED
Specialty coatings Textured coatings
Architectural paints Industrial coatings
24
Tikkurila Oyi
Vantaa, Finland
PUBLIC COMPANY
YEAR ESTABLISHED: 1862
REVENUE: $887.9 million
MARKETS SERVED
Decorative coatings
KEY EXECUTIVES
Erkki Jarvinen, president and CEO; Jukka Havia, CFO; Petri
Miettinen, VP, supply chain and HSEQ; Anna-Lena Hogfeldt,
VP, group marketing; Kenneth Sundberg, VP, R&D; Janno
Paju, VP, East; Niklas Frisk, VP Scandinavia; Arto Lehtinen,
VP, Finland; Ilpo Jousimaa, VP, Central Eastern Europe.
Tikkurila Oyj is a Finnish manufacturer of paints and lacquers. The main office and most of the production is located
in Vantaa near Helsinki.
Tikkurila is the market leader in decorative paints in Russia,
Sweden, Finland and the Baltic countries. Russia, Sweden, Finland
and Poland account for 80 percent of the Groups revenue. Tikkurila focuses on higher price and quality grade paints, which are
manufactured in 11 production units in eight countries. The highest
production capacity is located in Russia, where the company has
been operating since the 1970s. Russia is Tikkurilas largest single
market. The company currently has 3,227 employees. Tikkurila reported $887.9 million in revenue for 2013.
July 2014
2014
25
DuluxGroup Ltd.
Clayton, Victoria,
Australia
www.duluxgroup.com.au
PUBLIC COMPANY
YEAR ESTABLISHED: 1918
REVENUE: $870 million
MARKETS SERVED
Decorative coatings Powder coatings
Industrial coatings
KEY EXECUTIVES
Peter Kirby, chairman; Patrick Houlihan,
managing director and CEO; Stuart Bloxer,
executive director.
27
AB Wilh. Becker
Hoganas, Sweden
www.beckers-group.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1865
REVENUE: $700 million
MARKETS SERVED
Coil coatings Specialty coatings
26
Top Companies
KCC Corporation
Seoul, South Korea
www.kccworld.co.kr
PUBLIC COMPANY
YEAR ESTABLISHED: 1958
REVENUE: $810 million
MARKETS SERVED
Marine and container Automotive
coatings Automotive refinish General
28
PUBLIC COMPANY
YEAR ESTABLISHED: 1929
REVENUE: $673,000 million
MARKETS SERVED
Protective coatings Architectural
coatings Metal baking coatings Plastic
coatings Automotive coatings Rolling
stock coatings
KEY EXECUTIVES
Toshijiro Iwasa, president; Norihiro
Mashima, director of finance, executive
officer; Nobukazu Kawamoto, director
of overseas operations; Isamu Suzuki,
director of business development;
Yoshinori Hirotani, director of marketing;
Shin Emi, manager of industrial coatings.
Coatings World | 67
Top Companies
29
2014
30
Pintuco
Medelln, Colombia
www.pintuco.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1945
REVENUE: $629,990 million
MARKETS SERVED
Decorative paints Industrial coatings
31
PUBLIC COMPANY
YEAR ESTABLISHED: 1923
REVENUE: $536,000 million
MARKETS SERVED
Decorative coatings Automotive
68 | Coatings World
PRIVATE COMPANY
YEAR ESTABLISHED: 1883
REVENUE: $600 million
MARKETS SERVED
Architectural coatings Wood coatings
KEY EXECUTIVES
Michael Searles, chief executive ofcer;
Craig Reese, chief operating ofcer; Talia
Griep, chief administrative ofcer; David
Melancon, chief marketing ofcer.
32
Benjamin Moore
Montvale, New Jersey/USA
www.benjaminmoore.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1938
REVENUE: $521.780 million
MARKETS SERVED
Plastic coatings Architectural coatings
Automotive coatings
KEY EXECUTIVES
Yoshiaki Hasegawa, chairman and CEO;
Daisuke Kato, president and COO; Yuzo
Saisu, senior managing director; Satoshi
Yamashita, senior VP; Shigeru Takahashi,
senior VP.
ujikura Kasei offers coatings for plastics, which include automotive interior and exterior, automotive lightings, cosmetic
containers and enclosures, electronic appliances, plastic hobby
items and plastic sheets; architectural coatings, such as exterior and
interior building materials, decorative items and housing equipment;
and electronic materials The company also provides architectural
coatings for use in exterior and interior building materials, public
buildings and facilities, decorative items, and housing equipment;
and electronic materials, including conductive paste Dotite for use
in communication equipments, electronic displays, household appliances, automotive electronics, and office machines.
www.coatingsworld.com
July 2014
2014
33
Shanghai Coatings
Shanghai, China
www.chinascc.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1915
REVENUE: $509.2 million
MARKETS SERVED
Decorative coatings Automotive
coatings Coil coatings Marine coatings
Plastics coatings Industrial coatings
KEY EXECUTIVES
Situ Guoji, chairman; Huang Zhiyong,
general manager; Huang Youwei,
executive vice general manager; Wu
Jinglei, vice general manager; Yu Jianfeng,
chief engineer.
35
Carpoly Chemical
Group
Jiangmen, China
www.carpoly.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1993
REVENUE: $489,000 million
MARKETS SERVED
Architectural and industrial
KEY EXECUTIVES
Qiming Qiu, chairman and president;
Shuchao Cao, vice chairman of the board
and group general manager; Youwei XU,
group executive deputy general manager,
secretary of board.
34
Top Companies
National Paints
Factories Co.
Amman, Jordan
nationalpaints.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1969
REVENUE: $493,000 million
MARKETS SERVED
Decorative coatings Powder coatings
Marine coatings Industrial coatings
36
PRIVATE COMPANY
YEAR ESTABLISHED: 1988
REVENUE: $440, 000 million
MARKETS SERVED
Architectural coatings Adhesives
Industrial coatings
etek Boya ve Kimya Sanayi AS, whose name is the combination of the first syllables of the Turkish words Beton (concrete) and Teknoloji (technology), was founded in 1988.
Betek entered the decorative paints industry in 1993 through its
technological cooperation with DAW. Betek was the first Turkish
paint company that commenced production with a European partner. Betek has been the market leader in the industry with its multi
brand strategy which is being delivered to more than 5,000 retail
outlets. The company currently has 1,000 employees. Today Betek
product facilities are one of the largest and state-of-the-art plants
in Europe. Betek is has a technology center founded in 2008. RMI,
Scientific Research Center tests and certifies products in the fields of
decorative paint and thermal insulation products.
Coatings World | 69
Top Companies
37
2014
Helios
Domzale, Slovenia
www.helios.si
PUBLIC COMPANY
YEAR ESTABLISHED: 1924
REVENUE: $429.230 million
Car refinishes
Metal coatings
Ennnis-Flint
Dallas, Texas/USA
www.ennistraffic.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1996
REVENUE: $405 million
MARKETS SERVED
Traffic marking paint
PUBLIC COMPANY
YEAR ESTABLISHED: 2006
REVENUE: $424,000 million
KEY EXECUTIVES
Uros Slavinec, president; Marko Vresk, vice
president; Branko Pas, vice president
MARKETS SERVED
Decorative coatings
39
38
KEY EXECUTIVES
Bryce Anderson, chairman; Steve Vetter,
chief executive officer, John Midea,
president and Matt Soule, chief financial
officer
MARKETS SERVED
Architectural coatings Industrial
coatings Automotive refinishes
KEY EXECUTIVE
Soo-Kyoung Kim, CEO
40
Teknos Group Oy
Helsinki, Finland
www.teknos.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1948
REVENUE: $379.887 million
MARKETS SERVED
Architectural coatings
Industrial coatings
KEY EXECUTIVES
Pekka Rantamaki, CEO; Lassi Tirkkonen,
metal coatings; Kim Smith, industrial
wood; Arto Mannonen, architectural
coatings; Jari Schneider, technology and
purchase
eknos Group Oy is the leading supplier of industrial coatings in Scandinavia with a strong position in retail and architectural coatings too. Teknos is one of Finlands largest
family-owned businesses. Group companies operate in Scandinavia,
Germany, the UK, Poland, Slovenia and Russia, and through a wellestablished network of agents and representatives in approximately
20 other European countries. The company recently acquired a 40
percent minority share in Manfield Chemical (Changzhou) Co. Ltd.
paint factory located in Changzhou, China. Manfield Chemical has
been the local contract supplier of industrial coating products for
Teknos in China since 2011. The annual capacity of the paint factory in Changzhou is approximately 2,500 tons. The new company
operates under the name Manfield Teknos Chemical (Changzhou).
July 2014
2014
41
Lord Corportation
Cary, North Carolina
USA
www.lord.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1919
REVENUE: $355 million
MARKETS SERVED
Automotive aftermarket adhesives
Industrial metal bonding adhesives
43
Flugger Group
City, Country
www.flugger.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1785
REVENUE: $22.4 million Danish
MARKETS SERVED
Architectural coatings
KEY EXECUTIVES
Soeren Peschardt Olesen, CEO; Paul Wulff,
CFO; Claus Bjoern, group sales director;
Steen Hoff, group supply chain director;
Ulf Schnack, Group Manager and main
share holder
lgger Group is one of Scandinavias largest suppliers of decorative paint, wood stain, wallcoverings, paint tools and cleaning articles. Flgger Group is represented by Flgger shops
in Denmark, Norway, Sweden, Iceland, Poland and China. Its subsidiary DAY-system contributes with sales from 214 shops in Denmark, Norway and Sweden. Another company, PP Mester Maling,
has 41 shops in Denmark. The company has five factories; the two
main ones are in Kolding, Denmark and Bollebygd, Sweden. Here
Flugger produces paint, wood stain, fillers and chemical products. In
Kolding it produces 20 million liters of water-based paints per year.
In Bollebygd, Flugger produces 24 million liters of both water-based
and turpentine-based paint per year. With origins that date back to
1785, the company generated sales of $323.4 mn in 2012.
42
Top Companies
PUBLIC COMPANY
YEAR ESTABLISHED: 1958
REVENUE: $350 million
KEY EXECUTIVES
Shuhei Fukui, president; Shusaku
Tomisawa, director; Yutaka Soma,
director.
MARKETS SERVED
Plastic coatings
usashi Paint Company Co., Ltd. manufactures and distributes coatings for household appliances, electronic
devices, information technology devices and industrial
products. It specializes in synthetic resin paints. The company provides touch feel, PRTR law adherent, water-based, UV, acrylic silicon, functional and special primer coatings, as well as coatings for
molded plastics, laser etching and metal materials. In addition, it
offers coatings for information/telecommunication devices, including mobile phones, laptop computers and digital cameras; coatings
for household appliances, such as plasma/LCD televisions, DVD
players, vacuum cleaners, refrigerators, dehumidifiers and air cleaners; and coatings for automobile devices, including navigation systems. Musashi Paint Company offers its products through dealers
in Japan, Korea, Malaysia, Hong Kong, Taiwan, the UK and U.S.
44
PUBLIC COMPANY
YEAR ESTABLISHED: 1929
REVENUE: $321,476 million
MARKETS SERVED
Decorative coatings
Performance coatings
KEY EXECUTIVES
Masahiro Nojima, chairman and CEO;
Makio Sakai, president and COO; Jun
Taya, managing director and CFO; deputy
chief officers of paints and coatings:
Hisami Nishioka and Yoshihiko Doi
ihon Tokushu Toryo Co., Ltd. is a Japan-based manufacturing company that operates in two business segments.
The Paint-related segment manufactures and sells paints
and soundproof materials. This segment is also involved in the
paint-related and soundproof material-related construction work.
The automobile product-related segment manufactures and sells automotive soundproof materials, such as damping materials, acoustic
absorbents and sound insulators, as well as antirust materials. Additionally, the segment is also engaged in the research and development of automobile acoustics. The company has nine subsidiaries
and ten associated companies in Japan, as well as overseas markets,
including the U.S., Thailand, China and Singapore. The company
was founded in 1929, is headquartered in Tokyo and recorded sales
Coatings World | 71
Top Companies
45
2014
Kunsul Chemical
Industrial Co. Ltd.
Pusan, South Korea
www.jebi.co.kr
PUBLIC COMPANY
YEAR ESTABLISHED: 1945
REVENUE: $314.805 million
MARKETS SERVED
Decorative coatings
Industrial coatings
unsul Chemical Industrial Co., Ltd. offers a range of products, including architectural coatings for concrete, plaster,
slate and cement mortar surfaces, as well as for vehicles,
machinery, buildings, glass and furniture; general industrial coatings
for various applications, such as wood, steel furniture, electric home
appliance, machinery, engineering plastics, steel products and decorative home appliance; wood coatings for furniture, general wooden
materials, and musical instruments; and powder coatings for decoration and protection, interior use, home appliances, and architectural
use. It also provides plastic coatings; marine and heavy duty protective coatings for various applications, including fuel oil tank, ballast
water tank, bilge well, land, marine structure, deck, and paint for
ship bottom, interior, and exterior; and automotive refinishes.
47
TOA Group
Bangkok, Thailand
www.toagroup.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1957
REVENUE: $295 million
MARKETS SERVED
Architectural coatings
Marine and protective coatings
KEY EXECUTIVES
Arsa Sarasin, honorary chairman; Prachak
Tangkaravakoon, president; Motoo
Horiguchi, senior executive VP; Rams Das
Ahuja, executive VP
OA is the leading supplier of decorative coatings in Thailand with an estimated market share of 50 percent. The
company manufactures products that cater to the mid-tier
and premium-tier markets. The TOA Group of companies includes
TOA Paint Thailand, which is TOAs 100 percent Thai-owned main
base of operation; TOA-Chugoku Paint, a JV between TOA Paint
Thailand and Chugoku Marine Paint; TOA Union Paint Thailand, a
joint venture company with Japanese-based wood coatings producer
Union Paint; TOA Vietnam; Shanghai-TOA Paint; and TOA Paint
Malaysia. TOAs product portfolio includes the Ultra Premium Generation of coatings, including Supershield with self cleaning acrylic
technology; and Supershield Duraclean, developed with advance
acrylic technology under the companys Hygenic Formula.
46
Tiger Coatings
City, Country
www.tiger-coatings.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1930
REVENUE: $297 million
MARKETS SERVED
Powder coatings
KEY EXECUTIVES
Kurt Berghofer, CEO; Clemens Steiner,
CEO; Reinhold Freiseisen, CFO; Christian
Ebenberger, marketing director; Technical
directors: Gerd Schlager, and Thomas
Schmidt
iger Coatings produces powder coatings for industrial applications and lacquers for the DIY market. Its powder
coatings are used in a wide variety of markets such as architecture, automotive, construction and furniture. Tiger Coatings offers products such as Tiger Drylac Powder Coatings and Tiger Inkjet
Inks. The company markets its products in Austria, Egypt, Brazil,
China, Canada, Mexico, the U.S., Vietnam, Belarus, Bosnia and
Herzegovina, Bulgaria, Denmark, Germany, India, Croatia, Latvia/
Lithuania, the Netherlands, Poland, the Russian Federation, Switzerland, Serbia and Montenegro, Slovenia, Spain, South Africa, Taiwan, Thailand and Ukraine. Tiger Coatings was founded in 1930
and is based in Wels, Austria with manufacturing facilities in Austria, Egypt, Brazil, China, Canada, Mexico, the U.S. and Vietnam.
48
Dunn Edwards
Los Angeles, California
USA
www.dunnedwards.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1925
REVENUE: $290 million
MARKETS SERVED
Architectural coatings
Industrial coatings
KEY EXECUTIVES
Ken Altergott, president & CEO; Robert
Hill, ex. VP and CFO; Nicholas J.
Hess, sr. VP, operations; Mark Alling
- VP, manufacturing; Peter Girgis- VP
Information Systems/ CIO
July 2014
2014
49
Kelly-Moore
San Carlos, California
USA
www.kellymoore.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1946
REVENUE: $288.2 million
MARKETS SERVED
Architectural coatings Industrial
coatings OEM coatings (non-automotive)
KEY EXECUTIVES
Steve DeVoe, president and CEO; Dan
Claybaugh vice president of marketing
CIN Corporao
Industrial do Norte, SA
Maia, Portugal
www.cincoatings.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $261 million
MARKETS SERVED
Architectural coatings Industrial
JW Ostendorf
Coesfeld, Germany
www.jwo.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1948
REVENUE: $265 million
MARKETS SERVED
Decorative coatings
51
50
Top Companies
KEY EXECUTIVES
Michael Ostendorf, chairman and
CEO;Martin Friedrich, manager; Leonhard
Ritzhaupt; manager; Heinz Rothues,
manager
52
Yasar
Yasar Izmir, Turkey
www.dyo.com.tr
PRIVATE COMPANY
YEAR ESTABLISHED: 1927
REVENUE: $255 million
MARKETS SERVED
Construction paints Industrial paints
Coatings World | 73
Top Companies
53
2014
Shinto
Amagasaki, Japan
www.shintopaint.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1933
REVENUE: $240,630
MARKETS SERVED
Automotive coatings Industrial
coatings Automotive
KEY EXECUTIVES
Ryuhei Tamamura, president; Sumio
Hashimoto, executive sr managing
director.
55
PRIVATE COMPANY
YEAR ESTABLISHED: 1953
REVENUE: $230 million
MARKETS SERVED
Decorative coatings Industrial coatings
Marine coatings
KEY EXECUTIVES
Willy Ong, president; Johnson Ongking,
vice president; Ruben Cueto, marketing
manager; Romy Bautista, technical
services manager; Catherine Ramirez,
technical director.
54
Taiho Paint
City, Country
www.website.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1992
REVENUE: $232.561 million
MARKETS SERVED
Architectural and decorative coatings
General industrial and industrial
55
Renner Sayerlack
Cajamar, Brazil
www.sayerlack.com.br
PRIVATE COMPANY
YEAR ESTABLISHED: 1968
REVENUE: $230 million
MARKETS SERVED
Wood coatings Marine coatings
KEY EXECUTIVE
Alexandre Cenacchi, chairman of the
board
July 2014
2014
57
Tambour
Nethanya, Israel
www.tambourpaints.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1936
REVENUE: $223 million
MARKETS SERVED
Architectural coatings Industrial
ounded in 1936, Tambour is the largest Israeli paint manufacturer. The firm operates six production facilities in Israel
for architectural paints, industrial paints, powder coatings,
printing inks, acrylic emulsion, resins and other coatings. Production capacity is approximately 90 million liters per year. Tambour
said it has been watching trends not only for color forecasting, but
also for the research and development of new paint products, especially in the category of faux finishes and special effects. In light of
the success of this methodology in the decorative market, Tambour
decided to introduce it to the industrial market as well and created
a unique cooperation with Klil Industriesthe leading company in
Israel for Aluminum framings. Tambours revenue for 2013 was
$223 million.
59
Yung Chi
Kaohsiung, Taiwan
www.rainbowpaint.com.tw
PUBLIC COMPANY
YEAR ESTABLISHED: 1951
REVENUE: $215 million
MARKETS SERVED
Architectural coatings Marine coatings
Industrial coatings
KEY EXECUTIVES
Te-Hsiung Chang, president; T.J Chang,
general manager; Anthony Lin, manager
ung Chi Paint & Varnish Manufacturing Co., Ltd. manufactures architectural coatings, heavy-duty coatings, marine
paints, coil coatings, can coatings, nuclear coatings and curtain wall coatings primarily in Taiwan. The firm also manufactures
and sells fire-retardant and fire protection coatings. In 2009, the
companys Malaysia Melaka factory started production for coil
coatings. Taiwan and recorded sales of $215 million in 2013 and
has approximately 600 employees. In the architectural segment the
company provides solvent-based acrylic paints, water-based cement
mortar paints, dirt off exterior acrylic emulsion paints, water-based
elastomeric paints, and water-based epoxy topcoats. Heavy-duty
coatings include epoxy paints, ready-mixed paints, top-long paints
and polyurethane paints.
58
Top Companies
Rock Paint
Osaka, Japan
www.rockpaint.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1952
REVENUE: $222,610
MARKETS SERVED
Automotive coatings Industrial coatings
KEY EXECUTIVES
Togo Utsumi, CEO, president,
representative director; Fujio Hara,
senior managing director; Yuji Ikeya,
representative senior managing director;
Toshio Otsuki, managing director
ock Paint Co. Ltd. offers automotive refinish paints, building paints, industrial paints and home use paints. The company is among the leading manufacturers of automotive
refinish paints in Japan. Rock manufactures coatings in a wide range
of colors, with an especially wide variety of pearls and metallics.
These include brands such as its Panarock Mars 2K series, Rockace and Hirock. Rock Paint has recently introduced a one-package
type basecoat called Pro Touch as part of an effort to continually
advance and improve its line of products. Responding to movements
aiming to reduce levels of VOCs in paint products, Rock Paint set
out early to develop waterborne automotive refinish paints. As a
result, general sales for a product called Waterbase have been initiated. Rock Paint Co. was established in 1952 and is based in Osaka,
Japan.
60
Looser Holding AG
Arbon, Switzerland
wwwlooserholding.ch
PUBLIC COMPANY
YEAR ESTABLISHED: 1932
REVENUE: $214 million
MARKETS SERVED
Architectural coatings Industrial
coatings Automotive OEM Auto
Coatings World | 75
Top Companies
61
2014
62
Kikusui Chemical
Nagoya, Japan
www.kikusui-chem.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1959
REVENUE: $207 million
MARKETS SERVED
Architectural coatings
KEY EXECUTIVES
Masato Tooyama, president, GM of
construction paint division, GM of strategic
planning division, manager of ceramic
business department and representative;
Hitoshi Yamaguchi, sr. manager director
ikusui Chemical Industries Co. Ltd. engages in the production and sale of architectural coatings, specialty functional
materials, construction materials, and civil engineering materials. The company offers ceramics, building materials, paints and
crushed natural decorative material sheets. In addition, it involves
in the manufacture and sale of machinery and equipment. The company was founded in 1959 and is headquartered in Nagoya, Japan.
Under the slogan, Work in Harmony with Nature, Work for the
Benefit of People, Kikusui manufactures water-based and organicsolvent-free architectural paints and uses its own methods to minimize drainage and waste generated during the production process.
In addition, the company deals with natural paints from Germany
and allergy-free paints from Sweden.
EMImills
PILOT MILLS
For laboratory
scale up & small
batch production.
Grebe Group
Weilburg, Germany
www.grebe-group.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1936
REVENUE: $190 million
MARKETS SERVED
Industrial coatings OEM coatings (nonautomotive)
KEY EXECUTIVES
Helmut Tappe, CEO Grebe Group; Dr.
Manfred Becker, management board;
Frank Glaser, management board; Tim
Rand, Weilburger Coatings; Uwe Diener,
marketing director
RESEARCH MILLS
Realistic laboratory
samples processed
with minimum
raw materials and
clean up.
PRODUCTION MILLS
Economically process
your dispersions.
Single pass or
recirculation milling.
LABORATORY
DISPERSERS &
MIXERS
0.5 THRU 5 HP
Explosion Proof
available
Tel: 847-548-0044
Fax: 847-548-0099
E-mail: sales@EMImills.COM
WWW.EMImills.COM
76 | Coatings World www.coatingsworld.com
July 2014
2014
63
64
WEG Tintas
Guaramirim, SC - Brazil
www.weg.net
PRIVATE COMPANY
YEAR ESTABLISHED: 1983
REVENUE: $189,586,219 million
MARKETS SERVED
Powder coatings Marine Industrial
Protective Automotive Renish Varnishes
KEY EXECUTIVES
Reinaldo Richter, managing director;
sales mgn; sales managers: Adilson Cesar
Demathe, Pedro Reibaldi Neto, Mauro
Jos Deretti, customer service and intl
sales mgr
65
Industrias Titan
Barcelona, Spain
www.titanlux.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1917
REVENUE: $185 million
MARKETS SERVED
Decorative coatings Industrial coatings
Marine coatings Powder coatings
Kapci Coatings
Port Said, Eqypt
www.kapci.com
MARKETS SERVED
Architectural coatings
PRIVATE COMPANY
YEAR ESTABLISHED: 1985
REVENUE: $172 million
MARKETS SERVED
Automotive renish Decorative paints
Wood nishes
PUBLIC COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $175 million
KEY EXECUTIVES
Ray Grifth, president and CEO; Dave
Zieglar, chairman
July 2014
66
Ace Paint
Oakbrook, Illinois USA
www.acehardware.com
Top Companies
KEY EXECUTIVES
Mohamed Mohamed Ahmed El-Sayed,
CEO; Amr Mohamed El-Sayed, commercial
director; Lotfy Hassan El-Badrawy, R&D
director
www.coatingsworld.com
Coatings World | 77
Top Companies
67
2014
Cloverdale Paint
Surrey, British Columbia,
Canada
cloverdalepaint.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1933
REVENUE: $170 million
MARKETS SERVED
Decorative coatings Industrial coatings
68
Diamond Vogel
Orange City, Iowa/USA
www.diamonvogel.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $168 million
MARKETS SERVED
Architectural coatings Industrial coatings
Heavy duty coatings Traffic coatings
KEY EXECUTIVES
Drew Vogel, president and CEO; Doug
Vogel, vice president, decorative; Mark
Vogel, vice president, industrial
www.technologylitigators.com
July 2014
2014
69
Natoco
Miyoshi, Japan
www.natoco.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1948
REVENUE: $162 million
MARKETS SERVED
Architectural coatings
Industrial coatings
KEY EXECUTIVES
Kenji Kasuya, president and representative
director; Susumu Kawakami, senior
managing director and executive director
71
PRIVATE COMPANY
YEAR ESTABLISHED: 1974
REVENUE: $160 million
MARKETS SERVED
Corrosion protection coatings
KEY EXECUTIVES
Mr. Poulet, president & CEO, Europe;
Mr. Mizobe, pres and CEO, Japan; Mr.
Masuda, pres, USA; Mr. Ros, sales &
marketing director, Europe; Mr Kagehara,
sales & marketing Director for Asia Pacific
70
Top Companies
Tohpe
Sakai City, Japan
www.tohpe.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1915
REVENUE: $160 million
MARKETS SERVED
Onshore coatings Marine coatings
Automotive coatings Decorative
coatings Adhesives
KEY EXECUTIVES
Shiwaku Hiroshi, pres. and CEO; Kato
Kazutami, EVP; Nanping Tadatoshi,
outside drt; Esashi Junichi, paint bus drt
ohpe Corporation is a Japan-based manufacturer that supplies paints and other chemical products. Its paints include
synthetic resin paints, lacquers, water-based paints, oilbased paints and thinners. The companys chemical products include
synthetic resin adhesive processing agents and synthetic rubber. Additionally, it is involved in the paint related construction activities.
The company has 12 subsidiaries and five associated companies. Its
offers architectural coatings, exterior paints, steel coatings, concrete
protective coatings, marine paints, industrial paints and road paints.
In addition, it involves in exterior painting contract and building
construction works, as well as in the sale of paint-related equipment.
The company was founded in 1915 and is headquartered in Sakai
City, Japan.
72
Whitford Corp.
Elverson, Pennsylvania
USA whitfordww.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1969
REVENUE: $154 million
MARKETS SERVED
Industrial coatings Automotive
coatings Powder coatings Houseware
Coatings World | 79
Top Companies
73
2014
Chokwong
Busan, South Korea
chokwangpaint.co.kr
PUBLIC COMPANY
YEAR ESTABLISHED: 1947
REVENUE: $153 million
MARKETS SERVED
Architectural coatings Wood coatings
Industrial coatings Powder coatings
Automotive refinishes
KEY EXECUTIVES
Dae-Eun Lee, president and CEO; Ha-Ok
Kim, managing director of business
75
Quest Specialty
Chemicals
Menomonee Falls, WI
www.questsc.com
PRIVATE COMPANY
YEAR ESTABLISHED: 2001
REVENUE: $149 million
MARKETS SERVED
Automotive refinish Aerosol paints
74
Russian Coatings
City, Country
www.website.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1838
REVENUE: $150.5 million
MARKETS SERVED
Architectural coatings Automotive
OEM coatings Industrial coatings
76
PUBLIC COMPANY
YEAR ESTABLISHED: 1971
REVENUE: $146 million
MARKETS SERVED
Decorative coatings Industrial coatings
KEY EXECUTIVES
Kam Yim Wong, CEO and executive
director; Chi Shing Ip, co-founder,
executive chairman and member of the
board; Wai Man Li, COO, executive
director; Tsz Hin Yip, deputy chairman,
ips Chemical Holdings Limited engages in the manufacture and trading of petrochemical products primarily in the
Peoples Republic of China. The company operates in three
segments: Solvents, Coatings and Lubricants. The Coatings segment
engages in the production and marketing of domestic architectural
and industrial paints, inks, varnishes and resins for construction,
toys, electronics, furniture, food and gift packaging and printing industries. This segment offers paints under the Bauhinia, Adcoat and
Pak Lam Choice brand names; inks under Bauhinia Variegata brand
name; specialty varnishes under the Golaxxo brand name; and resins under the Da Chang brand name. The company was formerly
known as Hang Cheung Hong. Yips Chemical Holdings Limited
was founded in 1971 and is headquartered in Fanling, Hong Kong.
July 2014
2014
77
Asahipen
Osaka, Japan
www.asahipen.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1940
REVENUE: $145 million
MARKETS SERVED
Onshore coatings Marine coatings
79
ICA Group
Civitanova Marche,
Italy
www.icaspa.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1971
REVENUE: $137 million
MARKETS SERVED
Industrial wood coatings
KEY EXECUTIVES
Alessandro Bascelli, export manager;
Lorenzo Lavarini, area manager; Federico
Bastianelli, area manager; Sandro
Paniccia, marketing director; Pierro and
Fabio Paniccia, technical directors.
78
Top Companies
Kayalar Kimya
Istanbul, Turkey | kayalarkimya.com.tr
PRIVATE COMPANY
YEAR ESTABLISHED: 1976
REVENUE: $140.336 million
MARKETS SERVED
Architectural coatings General
industrial coatings Wood coatings
KEY EXECUTIVES
Ersin Kenan Kayalar, Tolga Kayalar,
Zafar Kayalar, Bahadur Baykar. Bedri
Buyuktaskin, marketing director; Zafer
Memisiglu, technical director
80
Origin Electric
Tokyo, Japan
www.origin.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1938
REVENUE: $136 million
MARKETS SERVED
Synthetic resin paints Coatings for
digital devices
KEY EXECUTIVES
Toshio Kashiwagi, president and director;
Minoru Fujisawa, managing director and
GM of coating operations division
rigin Electric operates in three segments: Electronics, Mechatronics and Chemitronics. The Chemitronics division is
supported by metal surface treatment and surface plating
technologies as well as by its history of R&D in the fields of electronics and coating materials. Energy-saving measures jointly developed with other engineering groups have resulted in developments
being achieved in the field of synthetic resin paints. The company
operates in Japan, as well as in Taipei, Hong Kong, the U.S. and
China. Origin began developing paints in 1947 as a part of its surface processing research efforts creating highly functional paints, including paints used for plastic substrates, water-based paint/TX-free
paint and paints used for plated nonferrous metals. Applications
include auto interior and exterior parts, cell phones and computers.
Coatings World | 81
Top Companies
81
2014
PACHIN
Cairo, Eqypt
www.pachin.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1958
REVENUE: $135,520
MARKETS SERVED
Decorative paints Industrial paints
KEY EXECUTIVES
Huda A. Salah El-Din, chairperson; Eng.
Mohey El-Din Abdel Razek, CEO; Ashraf
El Kahky CFO; Adel Mohey El-Din, R&D
ex. director; Eng. Khaled Abdel Fattah,
operations executive manager
83
Empils
Rostov-on Don, Russia
www.empils.ru
PRIVATE COMPANY
YEAR ESTABLISHED: 1991
REVENUE: $125 million
KEY EXECUTIVES
Victor Stolbchenko, GM; Roman Setin,
GMs first deputy; Vadim Zaytsev, sales
and decorative coatings segment mng
82
Samwha
Seoul, South Korea
www.spi.co.kr
PUBLIC COMPANY
YEAR ESTABLISHED: 1946
REVENUE: $133 million
MARKETS SERVED
Decorative coatings Industrial
coatings Auto refinish coatings
KEY EXECUTIVES
Jang Yeon Kim, chairman and CEO; Ja
Hyun Koo, VP and CEO production; Hak
Heon Lee, VP, management
84
Boero Group
Genoa, Italy
www.gruppoboero.it
PUBLIC COMPANY
YEAR ESTABLISHED: 1831
REVENUE: $124 million
MARKETS SERVED
Decorative coatings Industrial coatings
MARKETS SERVED
Decorative coatings Maine coatings
ith sales of approximately $125 million in 2013, Empils is Russias second-largest domestic manufacturer of
paints and coatings. The majority of Empils revenue
is generated in the decorative coatings segment (~97 percent). The
remaining sales come from industrial coatings operations. The company markets the following brands on the Russian market: Empils
industrial coatings; Rastsvet alkyd-based decorative coatings; Oreol
alkyd- and water-based decorative coatings; Oreol Titan special
alkyd-based coatings for metal; Oreol Garant water-based coatings for professional use; and Empils Krona alkyd- and water-based
coatings for wood protection. Empils operates one manufacturing
facility in its headquarters city of Rostov-on-Don.
Yacht coatings
KEY EXECUTIVES
Andreina Boero, president; Cristina
Cavalleroni, VP; Giorgio Rupnik, CEO;
Olga Bottaro, technical director
oero Group is Italys paint and coatings leader in the markets its serves. Architectural and decorative paint brands in
the firms portfolio include Boero Colori; Rover Attiva; and
Grandi Superfici. Yacht brands include Boero Yacht Paint; Veneziani Yachting and Attiva Marine. The marine category offers the
Boat brand. Boero Group operates two manufacturing facilities.
Boero recently introduced Rovertherm coat systems for energy efficiency in buildings and it also launched a water-based wood coatings range.
July 2014
2014
85
86
Tnemec
Kansas City, Missouri
USA
www.tnemec.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1921
REVENUE: $123,582 million
MARKETS SERVED
Water tank coatings Wastewater
coatings Industrial coatings Floor
ince 1921, Tnemec Company Inc. has been a leading manufacturer of high-performance architectural and industrial coatings
that protect a wide range of substrates and enhance aesthetics.
From water tanks and treatment plants, to manufacturing plants,
industrial facilities and specialty architectural buildings, Tnemec
coatings can be found protecting virtually all types of structures
and buildings. Tnemec operates three manufacturing facilities in the
U.S. in North Kansas City, MO, Baltimore, MD and Garland, TX.
During 2012 the first Readers Choice Corrosion Innovation of the
Year Award was presented by Materials Performance (MP) magazine, and Tnemecs Severe Wastewater Analysis Test, or S.W.A.T.,
was in the top ten nominations selected for recognition. Tnemec
generated $123,582 million in 2013.
87
Atomix
Tokyo, Japan
www.atomix.co.jp
PUBLIC COMPANY
YEAR ESTABLISHED: 1937
REVENUE: $102 million
MARKETS SERVED
Floor coatings Roof coatings
Top Companies
MIDO Coatings
Alexandria, Egypt
www.midoco.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1979
REVENUE: $102,897
MARKETS SERVED
Automotive coatings (car renishes)
Wood coatings Decorative coatings
KEY EXECUTIVES
Aly Ghaly, president; Omar Ghaly, vice
president; Ramy Galal, board member;
Catings technical directors: Mohamed
Awad, Mohamed Farouk, Sheikh Elarab
Abd El Aziz, Hisham Eltoukhy
July 2014
www.coatingsworld.com
Coatings World | 83
FEATURE
Resins
DIRECTORY
Here is a look at the latest offerings from select resins suppliers. For more information on
the products listed, please contact the company directly.
Alberdingk Boley Inc.
Greensboro, NC
Fax: 336-454-5007
info@alberdingkusa.com
www.alberdingkusa.com
Type of resins: Acrylic-styrene emulsions;
emulsions; UV curing resins; urethane/
polyurethane resins
AC 3630
Attributes/comments: Translucent, multiphase, self-cross linking dispersion with
excellent chemical and scratch resistance,
fast-drying, excellent wood warmth
and surface hardness, low cosolvent demand, low foaming tendency and easy to
formulate
Allnex
Alpharetta, GA
770-280-8300 or 800-433-2873
Fax: 770-280-8394
info@allnex.com
www.allnex.com
Type of Resins: Acrylic resins; acrylicstyrene emulsions; alkyd resins; amino;
crosslinking resins; emulsions; epoxy
hardeners; epoxy resins; high-solid resins;
hybrid resins; melamine/melamine-type
resins; phenolic resins; phenoxy resins
UV curing resins; urethane/polyurethane
resins; water thinned resins
Easy Cure System
Attributes/comments: With Allnexs new
Easy Cure System, formulators can now
develop waterborne epoxy systems that
July 2014
BASF Corporation
Charlotte, NC
800-231-7868
Fax: 800-392-7429
polyorders@basf.com
basf.us/dpsolutions
Type of resins: Acrylic resins; acrylicstyrene emulsions; alykd resins; amino;
crosslinking resins; emulsions; epoxy
hardeners; epoxy resins; high-solid resins; melamine/melamine-type resins;
www.coatingsworld.com
Cardolite Corporation
Newark, NJ
800-322-7365
Fax: 973-344-1197
www.cardolite.com
Types of resins: Epoxy hardeners; Epoxy
resins; Hydrocarbon resins;
Ultra LITE Series
Attributes/comments: New technology
platform enables cashew nutshell liquid
based materials with Gardner color 1 or
less. Ultra LITE diluents can replace substances of concern such as unfriendly glycidyl ethers and nonyl phenol.
Celanese
Irving, TX
800-832-7782
emulsionstechservice@celanese.com
celanese.com
Coatings World | 85
urethane/polyurethane resins
CERANTE
Attributes/comments:
Polysiloxane/
Acrylate hybrid resins for high durability
protective coatings (non-isocyanate).
Dymax Corporation
Torrington, CT
860-482-1010
Fax: 860-626-2674
info@dymax.com
www.dymax.com
Type of resins:
Acrylic resins; crosslinking resins; hybrid
resins; methacrylic monomers/polymers;
polybutadienes; UV curing resins; urethane crosslinkers; urethane/polyurethane resins
Gelest Inc.
Morrisville, PA
Fax: 215-547-1015
info@gelest.com
Type
of
resins: acrylic resins;
acrylic-styrene
emulsions;alkyd
resins; amino; bitmens; cellulose
derivatives;crosslinking resins; emulsions; epoxy hardeners; epoxy resins;
ester gums; high-solid resins; hybrid
resins; hydrocarbons resins; maleic
resins; melamine/melamine-type resins;
methacrylic monomers/polymers; natural resins; nitrocellulose; nylon resins;
oleoresinous varnishes; phenolic resins; phenoxy resins; polyamide resins;
polybutadienes; polybutenes; polyester
resins; polyethylene resins; polypropylene resins; polysaccharide resins; rosin
esters; rosin salts; silanes; silicone
polyesters; silicone resins; styrene resins; terpenes; TGIC resins; UV curing
resins; urethane crosslinkers; urethane
lacquers; urethane/polyurethane resins; vinyl resins; water thinned resins
Dipodal Silanes, Cyclic Azasilanes,
Particle Surface Modification
Attributes/comments:
Gelest
Inc.
July 2014
Reichhold, Inc.
Durham, NC
919-990-7500
Fax: 919- 767-8618
mediacontact@reichhold.com
www.reichhold.com
Type
of
resins:
Acrylic
Siltech Corporation
Toronto, ON
416-424-4567
Robert@siltech.com
www.siltech.com
Type of resins: Silicone resins; UV curing
resins
Fluorosil OH C7-F
Attributes/comments: Fluorosil OH C7-F
provides solvent, stain, mar, and fingerprint resistance, flexibility, lubricity,
softness, and slip. The primary hydroxyl
group can react into the matrix. There is
also an acrylate version for UV.
resins;
www.specpoly.com
Woodburn, OR
800-770-7523
Fax: 503-981-7534
info@specpoly.com
Contact:
Kerry Pianoforte, Editor
201.880.2263
kpianoforte@rodmanmedia.com
Coatings World | 87
FEATURE
Innovating to
Drive Change in
Transportation Sector
Andre Veneman, Corporate
Director Sustainability and
HSE, AkzoNobel
July 2014
in-house to take ideas into the market place quickly or costeffectively enough.
Organizations need to work up and down the value chains with
others who have complementary capabilities to their own suppliers
with whom they can work to develop more sustainable raw materials; customers and end users who can guide them in their market
needs and trends; and universities of course that can help them identify emerging sciences that can be developed into useful technologies.
In summary, incremental improvements will not be enough if
we are to successfully tackle the sustainability challenges facing
the transportation sector. It is only by delivering radical solutions and developing big and bold innovations that we will be
able to drive significant change. Companies that can provide
this will ultimately stand to benefit. CW
AkzoNobel is a leading global paints and coatings company and
a major producer of specialty chemicals. We supply industries
and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux,
Sikkens, International and Eka. Headquartered in Amsterdam,
the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80
countries, our 50,000 people around the world are committed
to excellence and delivering Tomorrows Answers Today.
Coatings World | 89
FEATURE
July 2014
CPMA President Mary Ellen Maxwell, Clariant presents Robinson with a gift.
Coatings World | 91
Industry News
July 2014
Air Products has introduced two new superwetting surfactants Dynol 977E and
979E for siding board coatings, adding to
its portfolio for waterborne formulations.
Specially designed to address the challenges
facing formulators on airless-spray of siding board coatings, the new superwetting
surfactants provide better coverage and leveling performance on rugged surfaces with
equal or less dosage used in the formulations. Dynol 977E and 979E superwetting
surfactants are optimized siloxane-based
surfactants that can provide a superior balance of properties including high atomization, very low equilibrium and dynamic
surface tension reduction, and good system
compatibility. These low-odor products
contain no added alkylphenol ethoxylates (APEs) and are easy to handle. They
complement Air Products existing non-silicone superwetting products, enabling the
company to offer a complete portfolio of
superwetting surfactants to help customers
quickly solve the problems associated with
coating difficult-to-wet substrates.
WACKER Develops
Dispersible Polymer
Powder for Tile Adhesives
WACKER has developed a novel dispersible polymer powder for modifying
Suppliers Corner
People
Meetings
September 3 - 5, 2014
Asia Pacific Coatings Show 2014
Balai Sidang Jakarta Convention Centre
www.coatings-group.com
kezchen@dmgeventsme.com
October 7 - 8, 2014
2015
November 4 - 6, 2014
Powder Coating 101 - Basic Essentials
with Lab
Jacksonville, FL
www.powdercoating.org
December 3 - 5, 2014
CHINACOAT2014
Chinese Imort and Export Fiar Complex,
Guangzhou, China
Sinostar International
852-2865-0062
www.chinacoat.net
info@sinostar-intl.com.hk
Coatings World | 95
Classifieds
YNN
Redefine
the value of
additive
Dispersing Agents
Leveling Agents
Adhesion Promoter
Functional Additive
Defoamer
10.2D37-42
Blades
HIGH
SPEED
DISPERSERS
3/19/07
4:45 PM
Page 1
The
NEWS
you NEED!
c o a t i n g s w o r l d . c o m
Scan to see
units in stock
for fast delivery.
Free Tag Reader:
http://gettag.mobi
1-800-243-ROSS
www.dispersers.com
coatingsworld.com
July 2014
Advertising Index
Company Name
Page
Phone
22
517-439-1485
Alberdingk Boley
89
27
Arkema
7 www.arkemacoatingresins.com
BASF Corporation
Website
www.acttestpanels.com
www.alberdingkusa.com
888-ALEX COLOR
www.alexcolor.com
Cover 4
800-231-7868
www.basf.com
87
602-539-2683
www.blairgowrieassociates.com
Cabot
11
Chemark Consulting
60
910-692-2492
www.chemarkconsulting.net
DIC Corporation
25
973-404-6600
www.dic-global.com/en/
DOW
61
800-447-4369 www.dow.com/coatingmaterials.com
19
800-477-1022
www.emeraldmaterials.com
76
847-548-0044
www.EMImills.com
29
800-654-4242
www.eps-materials.com
Evonik Industries AG
23
908-359-5213
www.littlejoe.com
Lonza Inc.
15
www.lonza.com
78
512-472-8282
www.technologylitigators.com
Nubiola USA
13
770-277-8819
www.nubiola.com
PaintSolutions
17 323-726-8100
21
800-257-9365
www.recarroll.com
Reichhold, Inc.
31
800-431-1920
www.Reichhold.com
Reitech Corporation
78
610-929-9451
www.reitechcorporation.com
Rico
9 330.723.4050 www.ricoequipment.com
cabotcorp.com
www.evonik.com
www.inksolutions.us
Cover 2
973-242-2999
www.shamrocktechnologies.com
SincolUSA Corporation
49
909-931-9954
www.sincol.com.cn
53
800-770-7523
www.specpoly.com
Sun Chemical
800-543-2323
www.sunchemical.com
Troy Corporation
47
973-443-4200
www.troycorp.com
55
886-7-6161234
www.ylresin.com
Coatings World | 97
Final Coat
The siding was painted with Simply White 2143-70, Regal Select REVIVE and the door: Raspberry Truffle 2080-10, Regal Select REVIVE.
Select REVIVE.
July 2014
We create
chemistry
that helps
relationships
love solutions.