Coatings Word July 2015

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Table of Contents July 2015 Vol. 20, No. 7
38
85
87
88
Top Companies Report
Resins Directory
Inspiring Innovation Through Partnerships
Eastern Coatings Show Review
COLUMNS
iPaint..................................................................... 30
The Hot Potato Handling Someone Elses Trade Secret
Business Corner.................................................... 32
The Value Chain And Its Collision With The Supply Chain
International Coatings Scene................................ 33

Latin America AkzoNobel Boosts Microsphere Capacity
in Brazil
Europe UV/EB Technologies Thrive in EU
Africa Residential Property Market to Drive Africas Wood
Coatings Growth
DEPARTMENTS
Editorial.................................................................. 6
As We Go to Press................................................ 10
Fresh Paint............................................................ 14
Market Reports..................................................... 27
New Products....................................................... 28
Industry News....................................................... 90
Suppliers Corner................................................... 92
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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Editors Page

Provides Comprehensive
Look at Coatings Industry
oatings Worlds Top Companies Report (pg. 38) offers our readers
in-depth analysis of the global coatings industry. The report 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. 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. If your coatings company had at least $100 million in revenue for 2014, please email so I can add it to the online version.
This year we have profiled 80 companies down from last years 87.
We had to remove the following six companies for not having revenue of
at least $100 million in 2014: Chokwang (73), Diamond Vogel (68), NOF
Metal Coatings (71), Tnemec (83), Whitford (72) and Yips Chemical (59).
Quest Specialty Chemicals (75) was recently acquired by Valspar.
This year we did add one first-timer to the list: Poland-based Snieka (68).
No doubt the weakening of the euro against the U.S. dollar had a significant impact on many of the European companies on the list.
There were some changes to the top five. PPG (01) nudged out AkzoNobel
(02) for the number one slot. This can be attributed to the companys acquisition of Comex, an architectural coatings company with headquarters
in Mexico City, in a transaction valued at $2.3 billion. The acquisition, the
second-largest in PPGs history, added a leading architectural coatings business in Mexico to the companys already extensive portfolio.
Charles Bunch, CEO expressed confidence that PPG will continue to
grow in 2015 and beyond.
As we look forward into 2015, we expect sales of our coatings businesses to approach 95 percent of PPGs total sales, Bunch said. We are
well positioned to benefit from continuing global growth due to our broad
geographic reach, excellent product offering, and pipeline of new and innovative products. Additionally, we will maintain our heritage of operational
excellence and cost management.
Ton Bchner, CEO of AkzoNobel expressed measured optimism in his
statement in the companys annual report. The beginning of the year was
very much dominated by unfavorable conditions with regard to currencies, while markets did seem to recover to a certain extent, he added.
That changed in the second half of the year when Europe again experienced a lack of growth and the recovery that everyone had hoped for didnt
materialize. At the same time, we saw some of the Asian economies and
Latin America slow down. These were serious economic challenges that we
needed to adapt to. In terms of financial performance, we saw the first clear
proof points that our strategy is working, despite the market headwinds.
kpianoforte@rodmanmedia.com
6 Editorial 0715.indd 6
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Tom Branna tbranna@rodmanmedia.com
ASSOCIATE EDITOR
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ART DEPARTMENT
Michael Del Purgatorio
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INTERNATIONALCORRESPONDENTS
Sean Milmo (Europe)
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Steve McDaniel
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Joseph Cristiano (consultant)
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Shelby F. Thames (University of So. Mississippi)
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July 2015
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American Coatings
Conference
The Technology Forum for
the Coatings Industry
during the
Indianapolis, Ind., April 11 - 13, 2016
2016
April 12 - 14, 2016
Call for Papers
Designing Innovation Strategies

for the Future
The American Coatings Association (ACA), in partnership with Vincentz Network
(VN), is calling for papers to be presented at the American Coatings ConferenCe
2016 (ACC). This major technology forum for the coatings industry, which will
take place April 11-13, 2016 in Indianapolis, Ind. is held in conjunction with the
American Coatings Show, April 12-14, 2016. The Indiana Convention Center will
be the site of this perennial record-setting gathering of the worlds best innovators in coatings technology. Leading experts from paint companies, raw material suppliers, academia, and government laboratories will present the newest breakthroughs and scientific research in areas crucial to the advancement
of the coatings industry and its many and varied customers. Attended by industry representatives from around the world, research scientists are encouraged to support global information exchange by presenting their work in this
recognized, world-class technical and scientific forum.
You are kindly invited to submit abstracts detailing your previously unpublished, high-level technical research results which will be considered for presentation at the conference. Selection of abstracts for presentation at the ACC is
highly competitive, and researchers need to be sure they convey the scientific
significance of their work and detail advances over any prior presentations or
publications. In short, the ACC seeks to highlight new, innovative work and research findings. Topics may include advancements in all coatings categories
and raw materials, novel formulations, laboratory and analytical methods, processing technology and equipment, environmental and/or sustainability benefits. In addition, organizers of the ACC are also interested in thoughtful study
and analysis of R&D and innovation management challenges faced by industry
professionals, including continuing education and professional advancement.
IMPORTANT NOTE: The conference organizers select proposed presentations
for the AC ConferenCe based on three key criteria:
scientific significance,
novelty, and
potential value-added to the industry.
Please note, that this selection is based solely on the content of the abstract
submitted, so a clear and detailed description of the work aligned with these criteria is strongly encouraged. Acceptance of an abstract will require the author(s)
to submit a final paper for a designated session or forum (see important deadlines). Again, prospective authors are strongly encouraged to clearly state the
researchs unique contribution in their abstracts, as it aligns with the listed
criteria. Student research is encouraged, and submitted abstracts will be fully
considered. Students whose work is accepted for the ACC will be eligible for
support by industry sponsors. The American Coatings ConferenCe also features
a highly publicized and featured Poster Session. This informal venue is often
favored by participants, and in particular students, for its casual and intimate
atmosphere that fosters fuller discussion of the work. Applicants can request
that their abstract be considered solely for presentation in this Poster Session.
ACA CWM0715.indd 2
Finally, all submitted final papers will be considered by the conference organizers for possible publication. ACA retains right of first refusal on all presentations accepted for the AC ConferenCe.
American Coatings AwArd

The most outstanding paper presented at the ACC will be honored with the American Coatings AwArd. Sponsored by ACA and VN, the recipient of this prestigious
award will receive a $ 2,500 award and an attractive sculpture.
The Roon Award

The Roon Award is currently being administered by ACA to recognize outstanding research in coatings science. Authors wishing to have their final paper considered for the ACA Roon Award should mark the appropriate designation on
the form. As in the past, Roon Award designated abstracts will be evaluated by
both the ACC Program Committee and ACAs Roon Award Committee. Authors
who have been accepted for Roon Award consideration will be notified separately, and will need to complete and submit their final papers to the Roon
Award Committee by Jan. 25, 2016 to be considered.
Important Deadlines
Submission of title and abstracts
Sept. 28, 2015
Notification of acceptance to speakers
Oct. 15, 2015
Submission of full technical papers for the conference proceedings
Jan. 25, 2016
Submission of final papers for Roon Award
Jan. 25, 2016
Where to submit?
F
c
We kindly ask you to submit your title and abstract online at

www.american-coatings-show.com/callforpapers
6/30/15 9:58 AM
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y
s
n
American Coatings
Conference
Topics for technical papers
High-level technical papers are solicited on:
Innovations in raw materials for coatings, printing inks, adhesives and
sealants
Polymers and resins
Additives
Pigments and dyes
Solvents
Fillers
Biocides
Technical/scientific studies on the interaction between these materials
and their impact on properties
Fundamental studies on chemical and physical mechanisms and effects
in coatings formulation, film formation curing or aging
Laboratory testing, modeling and associated analysis, including methods
and required instrumentation
New developments in processing and production techniques and
equipment, i.e.
Mixing and dispersion
Color management
equipment
Packaging
Raw materials handling
Curing
Filtrations and filling
Coating
Automation and process control
Success in 2016 and Beyond
Legislation, regulation and standardization challenges including, but
not limited to:
National and international technology-forcing requirements
Sustainability, including developments in renewables
Green chemistry
Clean technology
Other product stewardship advancements
Foreign trade and operations
Managing a global R&D network
Conformity assessment challenges in meeting applied standards
Innovation management and continuing education
Project design and planning
Professional advancement and succession planning
Increasing value from R&D
Open innovation
Service engineering
NineSigma
Speed to market
Improving return on R&D investment
Application Areas
Focused parallel technical sessions will be held during the conference, likely
covering the following broad application areas:
Automotive coatings (OEM and refinish)
Industrial coatings
Architectural coatings (interior and exterior)
Wood coatings
Coatings on plastics
Protective coatings (marine and corrosion protection)
Functional coatings
Specialty coatings
Coatings production technology
Measurement and testing
Printing inks
Adhesives and sealants
ACA CWM0715.indd 3
Invitation to Speakers and

Requirements for Technical papers
Authors of new work describing research results and developments which are
of relevance to the topics described are invited to submit a short, significant
and conclusive abstract to the conference organizers, outlining the technical/
scientific/innovative/novel content of the paper to be presented. Papers will
be selected on the basis of novelty, scientific and technical value, and practical relevance. Please note that, in order to comply with the expectations of
the conference audience, abstracts, presentations and papers for the conference proceedings must be noncommercial in style and focused exclusively
on the technical/scientific content. To illustrate this policy, the use of trade
names must be avoided wherever possible.
IMPORTANT NOTE: Papers will not be accepted if they have been previously
presented or published elsewhere.
General Information for Speakers

All submissions will be treated with the strictest confidence, and will only be
announced if selected for the final program. The oral presentation time will be
20 - 25 minutes in length followed by 5 - 10 minutes for discussion. Speakers
from the industry will be offered a full conference registration including all materials for a special reduced rate. There will be no charge to speakers from academia. Co-authors attending the conference must pay the full conference fees.
Submission Deadline
Please submit your technical abstract by Sept. 28, 2015.
Abstracts must be submitted online at
www.american-coatings-show.com/callforpapers.
Questions? Please contact:

Vincentz Network
Kristin Roubinek
Plathnerstr. 4 c
30175 Hanover, Germany
For US calls: (202) 684-6630
T +49 511 9910-274
F + 49 511 9910-279
kristin.roubinek@vincentz.net
American Coatings Assn.

Steve Sides
1500 Rhode Island Ave, NW
Washington, DC 20005
T+ (202) 462-6272 Ext. 225
F+ (202) 462-8549
ssides@paint.org
6/30/15 9:58 AM
As We Go To Press
Axalta and Hempel (USA) Inc. Form Strategic

Oil and Gas Pipeline Coating Partnership
xalta Coating Systems has formed

a strategic relationship between
Axalta and Hempel (USA) Inc. The
relationship will enable the formulation/
availability of a coating system that boasts
external coatings with significant corrosion protection and internal coatings with
advanced flow efficiency for natural gas
Index to Companies
transmission pipes in the North American

oil and gas pipeline market.
We, at Axalta, are thrilled to partner
with Hempel to offer a full product line
of world class powder and liquid coatings for the North American market,
stated Ron Hull, Axalta North American
sales manager.
This new relationship combines the

corrosion protection found in Axaltas
fusion-bonded-epoxy powder for external pipe for oil and gas pipelines with
Hempels advanced, liquid, flow-efficiency
epoxies for internal coating. The resulting
product is a corrosion and abrasionresistant internal and external coating
Flugger.......................................... 38
Pacific Paint Boysen....................... 38
Fujikura Kasei ...............................38
Praxair Surface Techologies .......... 14
Grebe............................................ 38
Pidilite........................................... 38
H.B. Fuller ....................................38
Pintuco ..........................................38
Helios ............................................38
PPG ............................. 10, 14, 28, 38
Hempel ................................... 10, 38
Renner Saylerlack ..........................38
Henekl ..........................................38
Rock Paint ....................................38
3M........................................... 33, 38
ICA Group ....................................38
RPM .............................................38
Ace Paint........................................38
Industrias Tian ..............................38
Russian Coatings ...........................38
AkzoNobel............. 10, 14, 33, 38, 87
Jotun ....................................... 14, 38
Rust-Oleum .................................. 28
Asahipen........................................38
JW Ostendorf ................................38
Samhwa Paints Industrial ..............38
Asian Paints ..................................38
Kansai Paint...................................38
Shanghai .......................................38
Atomix.......................................... 38
Kapci Coatings ..............................38
Shawcor ........................................38
Axalta ................... 10, 14, 28, 38, 98
Kayalar Kimya ..............................38
Sherwin-Williams .................... 14, 38
BASF ....................................... 14, 38
KCC ..............................................38
Shinto ............................................38
Beckers.......................................... 38
Kelly-Moore ..................................38
Sika............................................... 38
Benjamin Moore ...........................38
Kikusui chemical ..........................38
SK Kaken ......................................38
Berger ............................................38
Kunsul Chemical........................... 38
Snieka ...........................................38
Betek .............................................38
Looser ...........................................38
Sto Corp. ......................................14
Boero Group .................................38
Lord ..............................................38
Taiho Paint.................................... 38
Carpoly......................................... 38
Masco ...........................................38
Tambour .......................................38
Chugoku Marine........................... 38
Materis ..........................................38
Tectorius ......................................28
CIN ...............................................38
Mido .............................................38
Teknos ..........................................38
Cloverdale Paint ............................38
Musashi ........................................38
Tiger Coatings ...............................38
Dai Nippon Toryo .........................38
National Paints .............................38
Tikkurila....................................... 38
DAW .............................................38
Natoco ..........................................38
TOA ..............................................38
DAP............................................. 28
Nihon Toksuhu............................. 38
Tohpe............................................ 38
DuluxGroup.................................. 38
Nippon.......................................... 38
Valspar.................................... 14, 38
Dunn Edwards ........................ 14, 38
Noroo Paint ..................................38
WEG............................................. 38
Empils ...........................................38
Origin Electric ...............................38
Yasar .............................................38
Ennis-Flint .....................................38
Pachin ...........................................38
This index gives the starting page for

a department or feature with a significant reference to a manufacturer of
paint, coatings, adhesives and sealants
Subsidiaries are indexed under their
own names.
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As We Go To Press
designed to be suitable for even

the harshest of environments.
By pairing Hempel and
Axaltas product offerings,
we offer the gas-pipe industry an unparalleled technology and competitiveness platform, explained Martin
Miller, Hempel U.S.A. Downstream
segment manager.
PPG Completes $5 Million

Expansion of Wuppertal,
Germany, Coatings Plant
PPG Industries recently completed a $5
million expansion at its coatings manufacturing facility in Wuppertal, Germany.
The project added equipment to existing
buildings on the campus, supporting up
to a 35 percent increase in annual production capacity of environmentally
sustainable waterborne coatings for automotive and industrial applications. The
facility, which employs more than 190
people, plans to hire employees to manage the increased capacity.
The additional capacity will enable
PPG to meet increasing demand for its
waterborne coatings by automotive
manufacturers and industrial customers in the region. Waterborne coatings use water as a base instead of the
chemical solvents used in traditional
coatings. In addition to a heightened
focus throughout Europe on using
sustainable products and practices,
waterborne-coatings demand is being
driven by adoption of compact-paintprocess technologies by automotive
manufacturers in Europe. Compact
paint processes reduce the number of
st EPS needed to paint a vehicle, enabling manufacturers to reduce energy
used during the process and downsize
the space required for the paint process
in a manufacturing facility.
Waterborne coatings offer manufacturers a more sustainable alternative to
typical solvent-based coatings by reducing volatile organic compounds, said
Jean-Marie Greindl, vice president, automotive original equipment manufacturer
(OEM) coatings, Europe, Middle East
and Africa (EMEA), and president, PPG
EMEA. PPG has been at the forefront of
this technology throughout its evolution
and holds a leading position in this segment in Europe.
AkzoNobel Expands
Performance Coatings
Research Facility in Houston
AkzoNobel Performance Coatings is investing approximately 3 million ($3.4
million) to expand its research and development facilities in Houston, Texas.
The upgraded facility will support the
companys Protective Coatings, Marine
Coatings and Specialty Coatings businesses. Completion is due in early 2016.
The expanded facility will provide
a central, state-of-the-art technical resource for our businesses in the US, creating the critical mass for effective R&D
to efficiently support our customers,
said Aidan Mernin, RD&I Director for
Protective Coatings.
The expanded facility will be able to
house up to 35 laboratory staff, with 30
skilled technologists employed initially.
Key capabilities will include a dedicated area for experimental paint making,
a modern paint application laboratory
and environmentally controlled drying
areas for conditioning of test panels.
Enhanced chemical resistance testing
will also be available to support the
Ceilcote and Enviroline linings ranges in
North America.
This investment underlines our focus
on technology and product innovation
and providing technical support for our
customers, said Mauricio Bannwart,
managing director of AkzoNobels
Protective Coatings business. It will be
an integral part of our global RD&I function and will directly contribute to our
overall growth plans.
U.S. Green Building Council

Announces New Alignment
with CALGreen
The U.S. Green Building Council
(USGBC) announced the availability of a
new path forward for California project
developers seeking LEED (Leadership
in Energy & Environmental Design)
certification. This announcement comes
in the midst of USGBCs annual midyear conference for community leaders,
Convergence, taking place from June
10-12 AsWeGo 0715.indd 12
28July 1 in San Diego. Starting July

1, nonresidential projects in California
subject to the mandatory 2013
California Green Building Standards
Code (CALGreen) requirements will be
able to use an alternative documentation path for LEED. CALGreen is the
nations first statewide mandatory green
building code, covering nearly all residential and nonresidential construction
in California. This new path will make
beyond-code green building leadership
even more accessible as the state continues to set more aggressive targets for
energy and water efficiency.
From public policy to volunteer engagement to business actions, California
is a standard bearer for excellence in
green building market transformation,
said Rick Fedrizzi, CEO and founding
chair, USGBC. As we come together as
a community of experts, professionals,
advocates and leaders for Convergence
in San Diego this week, we are proud to
offer more streamlined ways for projects to demonstrate green building leadership in California.
The alternative documentation path
outlines a set of documents that projects
may provide in lieu of standard LEED
documentation in order to demonstrate
LEED compliance. The alternative documentation path will be available for
use with measures related to indoor
water use reduction, refrigerant management, the storage and collection of
recyclables, construction waste management and the use of low-emitting
paints and adhesives.
The development and release of
this set of alternative documentation
pathways is a significant step in the coevolution of LEED and green building
codes, said Jeremy Sigmon, director of
Technical Policy, USGBC. Leveraging
Californias code infrastructure and the
obligations of licensed professionals to
adhere to the laws of the land, these
new streamlined documentation options offer cost savings to project teams
while maintaining the quality and rigor
of LEED. In turn, projects already designing and building to the CALGreen
code will find LEED and its many benefits more readily within reach. CW
July 2015
7/6/15 3:30 PM
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6/2/15 11:46
4:23 PM
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Fresh Paint
Axalta Builds New Asia-Pacific

R&D Technology Center in Shanghai
Axalta Coating Systems has begun construction on a new Asia-Pacific R&D

and Technology Center. The new facility, which has been approved by
Axaltas Board of Directors, will be located in Shanghais Minhang Industrial
Development District. The Center will
feature product development and application laboratories as well as technical
support capabilities that will serve the
companys global light vehicle OEM,
commercial vehicle, refinish and industrial customers. The new facility, which is
scheduled to open in the second quarter
of 2016, will also house the companys
global refinish color development center
and a new training center for the companys refinish customers.
The new 15,500 m2 facility will be
designed for the more than 500 Axalta
personnel engaged in R&D, product development and technology support across
the Asia-Pacific region. The new facility
will enable Axalta to build on its legacy
of innovation and capitalize on its existing regional R&D network based in
China. Today, Axalta has R&D and technology capabilities as well as a customer
training center in Shanghai, a new OEM
technology development center adjacent
to the companys manufacturing center
in the Jiading district of Shanghai, and a
technology center within the companys
operations center in Changchun. The
new facility will become Axaltas largest technology center in Asia-Pacific and
join Axaltas global R&D and laboratory
network, integrating development capabilities in the region with those in Europe,
Latin America and the United States.
This new facility in Shanghai will help
us meet the growing demand for innovative coatings in the global market and especially those of our expanding customer
base in China, explained Charlie Shaver,
Axalta chairman and CEO. The new
facility will enable Axalta to streamline
our ability to rapidly develop world-class
products with benefits that include more
advanced protective properties, superior

temperature performance and additional
durability. Weve been a pioneer in the
coatings industry, and our new Shanghai
center will keep us in the vanguard of
product innovation and development.
The new laboratory will house the
latest generation paint formulation,
color development, dispersion, resin development, spray application and analytical characterization facilities, further
strengthening Axaltas position as a premier coatings solution provider. With
well-designed facilities and a focus on optimum work flow, the R&D center will be
engineered to facilitate fast, high-quality
product development that will help enhance productivity for Axalta customers
in the region and around the world.
With this new center, Axalta will
be positioned to develop and bring to
the Chinese market and the region the
most advanced coatings products in the
world, said Barry Snyder, Axaltas senior
vice president and chief technology officer. We envision that leading edge technology developments from China will
also flow outwards from the region to
find their way into products used by our
customers in the rest of the world. In this
way no matter where our global customers call home or operate, they will benefit
from our global perspective.
AkzoNobel Brings Color

Back to Historic Street in
Turkey
Residents of Hatay in Turkey have joined
together with volunteers and AkzoNobels
Marshall paint brand to transform an
area of their historic neighborhood.
Part of the companys global Lets
Colour initiative, the recent event involved painting several buildings on the
worlds first colonnaded street. As well
as helping to preserve the rich heritage of
the famous district, the project also highlighted the important role color can play
in making cities more human.
14-26 Fresh Paint 0715.indd 14
We truly believe that we can motivate and inspire people through the
power of color, said Marshall Country
director Petros Katsampouris, who
joined in the activities on Krk Asrlk
Trk Yurdu Street. Cities are much
more than just buildings. They are invaluable and inspiring in terms of the
heritage they offer and Hatay is nothing
short of a true gem, having hosted 13
civilizations in its long history.
Renowned for its cultural diversity,
Krk Asrlk Trk Yurdu Street which
was also the site of the worlds first street
lighting is the latest addition to a series
of Lets Colour events that have been held
in Turkey since 2010. All the buildings
were coated with Marshall Masterpro
pure acrylic water-based exterior paint,
which offers superior durability and
long-lasting color.
Maersk Applies Valspars

Waterborne Coating on its
Dry Containers
Maersk Container Industrys factory in
Dongguan, China has begun full production of dry containers coated with Valspar
Aquaguard, a zinc-free waterborne coating solution that provides industry-leading protection against corrosion. Maersk
and Valspar began trial production in
2014 at this facility in southern China,
one of the largest container manufacturing locations in the world with production of 220,000 twenty-foot equivalent
units (TEU) dry containers annually.
Valspar has partnered with Maersk
and other customers to implement waterborne solutions to meet global environmental requirements. Aquaguard is an
innovative two-coat, 100 percent waterborne coating system that reduces VOCs
by up to 94 percent, improves corrosion
performance, and lowers emissions to
reduce the overall environmental footprint. The combination of Aquaguards
high-density chemical adhesion and anticorrosive properties provides superior
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corrosion protection compared

to other standard solvent
systems.
Aquaguard significantly outperforms standard solvent-based coatings
in corrosion performance. On containers
coated with Aquaguard, the onset of corrosion from container damage is reduced
at least 60 percent compared to zincbased coatings (based on 710-hour salt
spray test results). This enables containers to stay in service longer with fewer
repairs while also helping shipping lines
with sustainability efforts.
With more than 60 years of experience with high-quality waterborne coatings, Valspar is a pioneer in developing
waterborne technology. The company
noted that its cost-competitive solutions
help companies meet air-quality goals
across industries that demand rugged
performance, including transportation,
agricultural and construction equipment,
structural steel and wood.
Center Co., Ltd. (PATAC), a design

and engineering joint-venture between
General Motors and SAIC Motor, also
known as the design and engineering center of Shanghai General Motors (SGM).
The Chevrolet-FNR concept is powered by electricity. FNR stands for
Find New Roads, which means exploring unlimited possibilities. Adopting multiple cutting-edge intelligent technologies,
such as self-driving technology, the car
design aims at exploring the design and
development trend for the future. The
Mid-night Glimmer is a customized
color developed by the color design experts from BASFs Coatings Division
in collaboration with the design team
at PATAC. It is consistent with the cars
design concept and enhances the unique
high-tech and futuristic design of the
Chevrolet-FNR concept car.
BASFs Mid-night Glimmer

Coating Drapes New
Chevrolet Concept Car
Sherwin-Williams Product Finishes will

supply the North American OEM flooring market with a new line of prefinish
coatings. The first product offerings include UV-curable wood flooring coating
systems.
The companys floor coating systems
meet or exceed key specifications for wear,
scuff and scrape resistance. The company
enters the North American market with
With its streamlined design featuring

BASFs exclusive Mid-night Glimmer
coatings, Chevrolet-FNR concept car has
made its global debut at Shanghai GM
Gala Night before the Auto Shanghai
2015. The cars special design is attributed to Pan Asia Technical Automotive
Sherwin-Williams to Supply
Coatings to North American
OEM Flooring Market
systems for residential and commercial

applications, including ceramic topcoats,
high-Taber sealers, armor coat, UV oil,
hydro primers, dual-cure putty, and fillers
and sealers.
Sherwin-Williams UV-Curable Wood
Flooring Finishing Systems are developed
to speed production, improve throughput
and achieve consistent appearance and
performance, the company stated.
Additionally, custom color matching is
available in specialized Sherwin-Williams
facilities, and manufacturers will have access to proprietary color trends research
and forecasting. This will enable them
to offer customers flooring that is on the
leading edge of consumer trends.
BASFs R-M Automotive

Refinish Paints Win
Approval for Acura in China
BASFs R-M Automotive Refinish paints
has obtained approval for Acura in
China. R-M products are designed to
meet the demand for eco-efficient automotive refinish solutions.
R-M waterborne paints are high in
quality and efficiency but lower in volatile
organic compound emissions. R-M waterborne refinish paints show enhanced
freezing and thawing resistance and allow for a five-year shelf life, and are fit
for various climate conditions in China.
In order to serve local customers, R-M
has set up a professional support team in
July 2015
7/6/15 4:14 PM
General Motors Names

BASF 2014 Supplier of the
Year
BASF received General Motors (GM)
Supplier of the Year Award for the tenth
time in the past 13 years. The award
was presented to Joe Schmondiuk, vice
president of Global Accounts BASF
Corporation, during GMs annual awards
ceremony at Cobo Center in Detroit.
BASF is pleased to have once again
earned this recognition from GM, said
Schmondiuk. It demonstrates the great
commitment and capability of our team
to offer the innovative solutions that GM
needs. We view GM as a key partner in
the automotive industry and are pleased
that we were able to support them on several key product launches in 2014.
BASFs Coatings division supports
GM by combining modern paint processes with special effect pigments and
technologies. BASF offers a broad array
of color solutions and processes that enable car makers to improve productivity
and environmental performance.
GMs Supplier of the Year program
began in 1992, and each year a global
team of purchasing, engineering, quality,
manufacturing and logistics executives
determine the winners of the Supplier
of the Year Award. Winners represent
World Class performance leaders in
the areas of quality, technology, price and
service.
and Job-Seeking Skills Instruction. In

the first session, female PPG executives
shared personal experiences with students, addressing concerns about an inferior recruitment environment for female
engineering students and encouraging
students to build confidence to face the
challenges of job hunting. The second session, organized by PPGs partner Career
Intelligence, included workshops on jobseeking skills. Career Intelligences careermanagement programs offer university
students in China instruction on creating
resumes and skills for job interviews, enabling students to better prepare themselves for job-seeking efforts.
Students in their senior year at university need to prepare for the transition
to a work environment, said Cathy Yan,
PPG general manager, corporate and government affairs, Asia Pacific. We hope
our tailored training program will help
with their career development. We also
hope it will help attract excellent students
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China, which offers specialized training

programs to spray painters and process
optimization programs to body shops.
to career opportunities with

PPG.
Supporting education is an
important part of PPGs social
responsibility efforts. In addition to programs for university students in the Asia
Pacific region, PPG has launched programs for elementary and middle school
students. PPG has hosted a scholarship
program for Chinas ten leading universities for 11 years to support the development of chemistry-related disciplines and
enable outstanding students to realize
their potential. PPG also set up an Eco
Classroom for local elementary and
middle school students, where they show
and explain to students how a chemical
company operates and share PPGs environmental-protection efforts.
To support its employee diversity,
PPG set up the Womens Leadership
Council at its Pittsburgh headquarters
in 2001 and established its Asian council in 2006. The council works to create
Use grind gages more consistently.
PPG Career Lectures

Provide Guidance for
Chinese College Students
PPG Industries recently hosted a series
of career lectures at 11 top universities
across China, discussing issues related to
future careers and offering tips for job
hunting to college students.
Building on years of cooperation with
universities for PPGs China Scholarship
Program, PPG launched the Career
Lecture series this year to provide guidance for Chinese college students. The
lectures were comprised of two sessions Professional Experience Sharing
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July 2015 www.coatingsworld.com
Coatings World | 17
7/6/15 4:14 PM
Results of U.S. Architectural Coatings Industry Research Report Which Compared Business
Trends in 2Q15 vs. 2Q14
Each month, Northcoast Research survey a large sample of paint
retailers throughout the United States to get a sense for current
business trends. Please note that of the three primary architectural coatings channels (paint stores, home centers, and retail
distributors), this survey is primarily reflective of the distributor
channel which tends to see volume growth less than the industry; therefore, we view the results as a directional indicator more
so than absolute industry volumes. For inquiries regarding this
report please contact Kevin Hocevar at 216-468-6924 or kevin.
hocevar@northcoastresearch.com.
Architectural Coatings Sales Volumes Up 2.8% in 2Q15
vs. 2Q14
According to industry participants, average volumes increased
2.8% in 2Q15 compared to 2Q14. This represents the strongest
volume growth we have seen since beginning our survey and
compares to volume growth of 1.1% in 1Q15, 1.6% in 4Q14, and
1.2% in 3Q14. We had previously anticipated strong underlying demand in 2015 but harsh winter weather likely deferred
projects into 2Q15 which we believe is a major benefit being
realized. We are encouraged with the positive trends that have
persisted through 2Q15 as paint volumes continue to growth
on a year-over-year comparison and we expect 2015 to be solid
year and perhaps even better than initially expected. Overall,
71% of respondents witnessed an increase in paint volumes vs.
only 14% that saw volumes decline, averaging out to 2.8% yearover-year volume growth and a net increase of 57%.
Price of Paint from Suppliers 2Q15 Paint Prices Remain
Positively Skewed
49% of contacts noted an uptick in the price of paint in 2Q15 vs.
2Q14 as our paint price index rose 1.0% compared to average
increases of 0.5%-1.0% over the past year. Our research suggests that a little bit of price is sticking in the industry but only in
the independent dealer channel which is small in size and likely
in the low-single digit range. We currently do not believe the
store or big-box channels are realizing pricing; however, given
the raw material declines, we view the overall price/raws for
coatings manufacturers as favorable. We believe that we picked
up potential price increases in our 4Q14 survey where a meaningful uptick in contacts were notified of a price increase from
manufacturers to take place in 2015. The majority or contacts
believed these attempts would be successful and we believe the
data we have discovered thus far in 2015 suggests that some degree of pricing did in fact stick in the marketplace. Overall, 49%
of respondents witnessed an uptick in pricing vs. only 9% that
saw pricing decline, averaging out to a 1.0% increase in yearover-year pricing with a net increase of 40%.
Raw Materials Raw Materials Remain at Low Levels but
May Have Bottomed Out
We continue to believe coatings manufacturers are poised to
benefit from favorable price/raws in 2015 due to the drop in
titanium dioxide (TiO2) and raw materials derived from crude
oil. With that said, this story is widely known and although some
raws have continued to come down since 1Q15, there is already
chatter about raws rising as oil prices have bounced off the bottom and are currently at 6-month highs. The good news is that
propylene has continued its downward trend. Additionally, TiO2
started to drop in 4Q14, accelerated that decline in 1Q15 and
remained soft in 2Q15. However, the bad news is that oil prices
have trended higher throughout the year which is likely to drive
oil based raws higher at some point which could mitigate the
upside to price/raws in future quarters.
3-Month Outlook Outlook at Strong Levels as Contacts
Expect Busy Paint Season to Continue
Our proprietary Coatings 3-Month Outlook Index reached 0.84
in 2Q15 which compares to a reading of 0.80 sequentially (vs.
1Q15) and a reading of 0.78 year-over-year (vs. 2Q14). Please
note that the highest possible reading is +2 (indicating all contacts have a very positive outlook) and the lowest possible
reading is -2 (indicating all contacts have a very negative outlook). Note that our index reading of 0.84 marks the highest
outlook index for a second quarter which we find encouraging
as no contacts indicated a negative or very negative outlook.
Ultimately, current outlooks remain at encouraging levels which
bodes well for industry revenues.
July 2015
7/6/15 4:14 PM
PPG Partners with Walker

Glass to Debut Bird-Safe
Glass with Low-E Coating
PPG Industries and Walker Glass Co.,
Ltd., have combined proprietary technologies to create AviProtek with
SOLARBAN glass, an advanced architectural glass that unites bird-friendly, acidetched patterns by Walker TEXTURES
glass with high-performance solar control, low-emissivity (low-e) coatings by
PPG.
Walker Glass with AviProtek patterns
can be manufactured with Solarban 60
or Solarban 70XL glass on the second
(interior) surface of an insulating glass
unit (IGU). AviProtek patterns on the first
(exterior) surface of windows and architectural glass are proven to reduce bird
injury and mortality by providing contrasting patterns that birds can see while
in flight.
AviProtek with Solarban glass gives
architects, designers, specifiers and
building owners the ability to comply
with bird-safe building codes and to
earn LEED certification credits for both
bird-friendly building design and environmental performance.
Jotuns Mesh-free Epoxy

Passive Fire Protection
Coating Receives Praise
from Applicators
Jotachar JF750, the mesh-free Passive Fire
Protection (PFP) for all jet fire scenarios,
an epoxy coating system for structural
steel, has generated significant industry
interest, securing numerous global contracts and praise from applicators, fabrication yards and operators, according to
Jotun.
Launched in 2013, Jotachar JF750
promised to help users reduce cost and
save time while protecting steel structures
against a broad range of hydrocarbon fire
scenarios, including jet fires. Two years
later, a growing amount of data and onsite customer experience has supported
Jotuns product claims. Jotuns sales revenues for Jotachar in the first quarter
of 2015 have already surpassed totals
achieved in the whole of 2014.
According to John Warner, Jotun category manager for intumescent coatings,
the absence of any mesh reinforcement
in the Jotachar system means that the
required Jotachar thickness for any fire
scenario can be applied in a single day. By
comparison, six mm is typical for traditional mesh containing products.
Independent tests show that, for a
typical 6,000 m2 project, Jotachar can
cut material costs by more than 20 percent and application time by 60 percent, he said. In addition, Jotachar
removes the risk of installation errors
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more opportunities for women to engage

in PPGs development. Since 2006, the
Asian unit has made efforts to strengthen
womens communications with senior
management and help them leverage their
advantages. The Professional Experience
Sharing session of PPGs Career Lecture
series for Chinese students is an example
both of how the Womens Leadership
Council encourages female PPG executives and how the company engages with
the local community.
inherent in mesh containing

systems, while minimising installation time and cost. This
has the effect of significantly
reducing project complexity and improving profitability for the installer.
Customer feedback supports these
findings, including endorsements from
major PFP users such as Marine and
Shore Group, a Thai-based specialist PFP installer. Managing director,
Malcolm Summers, noted that Jotachar
enabled the company to meet a very
tight schedule on a major offshore PFP
yard project. The applicators coated a
total area of 1,572 m2 in a week with
one pump and a crew of 20 people, he
said. This was a first for us.
As a safety critical element helping
to save lives while preventing loss of assets in the event of a hydrocarbon fire,
independent testing and Classification
Society Type Approvals are essential for
PFP coatings. In addition to certification to all major Classification Societies,
Jotachar JF750 is also approved under
Underwriters Laboratories listing scheme
for up to 240 minutes protection.
The British Coatings

Federation Launches
PaintCare
The British Coatings Federation (BCF)
announced plans to tackle the issue
of leftover decorative paint, much of
which ends up in landfills. The plan
includes implementing PaintCare, an
industry-led project to help create
a circular economy, aiming to make
better use of the estimated 50 million
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7/6/15 4:14 PM
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liters of leftover decorative

paint generated each year in
the country.
Various stakeholders across
the nation, including decorative paint
manufacturers, retailers, trade associations, waste management companies, local and national government
and other third-sector organizations,
are backing the program. These stakeholders will be confirming their commitment to help create a sustainable
circular economy for leftover decorative paint, to increase reuse and remanufacturing rates from two percent
to over 50 percent.
At the BCFs Annual Conference in
Chester, chief executive Tom Bowtell
said of the PaintCare launch, Despite
the great strides made by the UK paint
industry to reduce their environmental
impact, leftover paint continues to end
up in landfill. We now have the ability to reuse and remanufacture paint,
but challenges remain over creating a
national network of drop-off points
at council recycling centers, finding
markets for remanufactured paint and
regulatory issues. The aim of PaintCare
is to help remove these barriers, to create a national solution to the leftover
paint problem, but this will not happen
overnight and will require collaboration from all stakeholders.
The launch of PaintCare was welcomed by David Cornish, Global
Sustainability manager for AkzoNobel
Decorative Paints, who commented,
Our schemes have already saved 2.7
million liters of paint from landfill or incineration, and we are excited to build
on this success together with the British
Coatings Foundation. PaintCare will
help us work together with other parties,
especially in government and the waste
industry, to address some of the more
challenging problems.
Key paint brands associated with
the initiative include AkzoNobel
(Dulux), Craig and Rose, Crown
Paints, Farrow & Ball, Green Farm
Paints, Little Greene, Newlife Paints,
Manor Coatings, PPG Industries
(Johnstones and Leyland), SherwinWilliams (Ronseal) and Valspar.
Praxair Receives Nadcap

Accreditation for Coatings
Praxair Surface Technologies coating service center in Changzhou, China, recently
received Nadcap (National Aerospace
and Defense Contractors Accreditation
Program) accreditation for coatings.
Nadcap is a global cooperative program that brings together technical experts from among prime contractors,
suppliers and government representatives
to work jointly to establish requirements
for approval of suppliers using a standardized approach.
Praxair commissioned an airframe
production line in its Changzhou facility
in 2013 to support the companys 10-year
agreement with Messier-Bugatti-Dowty
for automated thermal spray coating services to replace chrome plating on major
airframe component programs. This facility can also apply high-velocity oxy-fuel
coatings to aircraft engine components.
Praxair Surface Technologies offers
a comprehensive array of high-performance coatings and technologies to the
aviation, energy and other industries. By
continuously advancing coatings technologies, Praxair Surface Technologies
helps customers improve environmental
performance, decrease energy consumption, extend component life, improve
productivity, minimize downtime, reduce
operating costs and produce high-quality
products, the company stated.
Sto Corp. Adopts New

Naming Structure For Wall
Systems
Sto Corp., a producer of integrated exterior wall systems for new building construction and restoration, has adopted a
new naming convention to ensure ease
of specification and peace of mind for
customers concerned about code compliance and sustainability. Systems that
meet or exceed ASHRAE design standard
90.1-2013, IGCC/IECC energy code requirements for continuous insulation (ci)
and California Title 24 requirements for
energy efficiency now include the acronym ci in their names, followed by the
names of finishes, insulations or other
components that differentiate products
from one another.
To align its existing products with

the new naming structure, Sto made the
following name changes to its product
offering:
StoTherm ci wall systems:
StoTherm Lotusan NExT is now
StoTherm ci Lotusan
StoTherm Classic NExT is now
StoTherm ci Classic
StoTherm Essence NExT is now
StoTherm ci Essence
Innovative stucco wall systems:
StoPowerwall EnergyGuard is now
StoPowerwall ci
StoPowerwall NExT DrainScreen is
now StoPowerwall DrainScreen
StoPowerwall with Sto ExtraSeal is
now StoPowerwall ExtraSeal
remium cement board stucco wall
P
systems:
StoQuik Sliver NExT DrainScreen is
now StoQuik Silver DrainScreen
In addition to reflecting our products compliance with energy standards
and building code requirements, changes
to the way we name our wall systems
provide a structure for naming new products as we expand our product offering,
said Brian Chang, Sto product manager.
We look forward to introducing new
products and ci assemblies to continue to
meet our customers needs.
Colortone Automotive
Paints Receives ColorSource
Distributor of the Year
Award from BASF
BASFs Automotive Refinish business awarded its 2014 ColorSource
Distributor of the Year Award to
Colortone Automotive Paints at its annual ColorSource Conference.
The Los Angeles market is one of the
largest and most competitive in the country. In this challenging market, Colortone
has achieved double digit growth over
the past three years and in 2014 delivered
more than 20 percent growth, said John
Moreau, key accounts manager for BASF
Automotive Refinish in North America.
Not only do they deliver growth, they
July 2015
7/6/15 4:14 PM
Raytheon Teams up with

Axalta Coating Systems for
UK Apprenticeship Program
for Body Shops
Raytheon Professional Services, a longestablished company offering training
solutions to government agencies and
commercial organizations worldwide,
has joined forces with Axalta Coating
Systems in the UK on its Paint and
Refinish Apprenticeship Programme for
body shops.
Anthony Cashel, marketing manager
for Axalta Coating Systems in the UK and
Ireland, said, We approached Raytheon
because it has a huge amount of experience in training and also working with
the automotive industry. This combination made it the ideal partner to help
make the apprenticeship program for the
U.K. body shops stand out from the rest.
The Axalta Paint and Refinish
Apprenticeship Programme has been designed to help apprentices working in UK
body shops develop valuable new skills,
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also have a strong retention rate due to

their high levels of technical training and
service.
Formed in 1933, Colortone has been a
ColorSource distributor for 20 years and
has been family-owned since 1979.
We are humbled and honored to receive this award from BASF, said Sandy
Reshes, co-owner of Colortone. I work
with a great team of people and its because of their efforts that we were able to
achieve this milestone.
Paul Whittleston, vice president of
BASFs Automotive Refinish business
added, Our ColorSource community
grew their paint business by more than
14 percent in 2014. This growth clearly
demonstrates that with great partnership and focus comes great rewards. We
look forward to growing and expanding
ColorSource in 2015.
ColorSource PREMIER is a program
designed by BASF exclusively for singleline distributors of BASF refinish paints
and coatings.
techniques and technology expertise that will help them to

work quickly and productively.
The three-year program gives
apprentices the opportunity to achieve
Level 2 and 3 full framework qualifications. In the third year they are also assessed for ATA at Senior Paint Technician
Level.
We believe the training we are providing to body shop apprentices will meet
and exceed industry requirements for
todays technicians, said Cashel. They
should then be able to fill skills gaps in
the workforce, and introduce in the body
shops in which they work new techniques
and technology that are designed to increase productivity and to help provide a
competitive edge.
Apprentices are currently being invited to apply for the 2015 training
program. Any UK body shop interested
in taking on an apprentice, or anyone
wishing to join the training scheme,
can register their interest at www.
R&D Excellence Takes Time,

So We Started Young.
Servicing the Paint and Coatings Industry with
unique silicone building blocks
Innovative and
Customized Products
Optimum Performance
Excellent Customer Service
Your Technology Siltech Chemistry
Siltech Corporation
225 Wicksteed Avenue; Toronto, Ontario, Canada M4H 1G5

Tel: (416) 424-4567; Fax: (416) 424-3158
www.siltech.com
Coatings World | 21
7/6/15 4:14 PM
Fresh Paint
axalta.co.uk/apprenticeshipprogramme. Alternatively they

can contact Charlotte Coombes,
Administration Assistant for
Axalta Coating Systems in the UK, at
+44 1707 518009. A free information
pack about the program is available on
request.
HOMAX Popcorn Ceiling

Texture Desiged to Help
Contractors Increase
Productivity
The HOMAX brand of PPG Industries
provides the ideal solution for quick
and effective ceiling repair, a process
that is typically challenging and timeconsuming. In order to help contractors
increase productivity, the Homax brand
offers PRO GRADE popcorn ceiling texture products with INVISIBLE REPAIR
capabilities that simplify popcorn ceiling
repair and provide a time-saving solution.
The advanced formula of Pro Grade
popcorn ceiling texture replicates commercial popcorn texture aggregates
typically found in homes, apartment
buildings, hospitals and other residential
and commercial structures. The product delivers Invisible Repair capabilities
that match existing textures so the new
texture blends seamlessly. As a result,
contractors can achieve a professional
texture match up to four times faster
than with traditional repair methods, and
with up to four times the coverage provided by traditional aerosols. Pro Grade
popcorn ceiling texture can be used for
popcorn ceiling repair projects, fixture removal repair, or to complete punch lists
or patches.
One of the biggest concerns for the
contractor or property manager is matching the existing ceiling texture without
sacrificing too much time on the job,
said Mark Hembree, senior marketing
manager adhesives, sealants and finishing systems, PPG Architectural Coatings.
Pro Grade popcorn ceiling texture
solves those problems by providing the
convenience of an aerosol and a professional, seamless match in less time, with
less mess and hassle than with traditional
gun and hopper methods.
With a patented ergonomic grip
designed to provide comfort and control,

Pro Grade popcorn ceiling texture is easy
to feather into existing popcorn ceiling
textures and covers up to eight square
feet. In addition, the texture can be ready
to paint in 24 hours, if desired.
With packaging that allows for easy
storage, one container of Pro Grade popcorn ceiling texture can be used on multiple projects. After use, simply turn the
integrated safety lock to store and reuse
leftover texture for future jobs.
The Pro Grade popcorn ceiling texture
product is available in 14-ounce aerosol
cans at independent paint and home improvement dealers, PPG PAINTS stores
and home center locations nationwide.
The Homax Pro Grade family of aerosol
textures also includes Pro Grade orange
peel oil-based, Pro Grade orange peel
water-based and Pro Grade knockdown
aerosol wall texture products, which
also provide an efficient solution for
contractors.
Goodyear to Use AGILON

Performance Silica by
PPG to Improve Tire
Performance
PPG Industries has announced that
Goodyear Tire & Rubber Company has
contracted to use AGILON performance
silica by PPG to increase the fuel efficiency of its tires. Goodyear will first use the
next-generation reinforcing filler developed by PPG in EFFICIENTGRIP tires,
a line of high-performance sport-utilityvehicle (SUV) tires debuting in Latin
America. Goodyear plans to incorporate
Agilonperformance silica into future
high-value-added tire launches in other
regions in 2015.
Anup Jain, PPG vice president, specialty coatings and materials, said PPG
is pleased to add Goodyear to the growing list of manufacturers incorporating
Agilonsilica-based solutions into tire and
other rubber compounds. Goodyear is a
valued partner with a long history of setting trends in new product development
and the use of new technologies, he explained. We look forward to supporting
Goodyear in its tire advancement efforts with the use of Agilon performance
silica.
Soothing Blues Create

Optimism in the Home,
According to Glidden Paint
by PPG
Puerto Rico home trend color forecasts
for 2015 feature soothing yet bold blues,
according to experts at GLIDDEN paint,
a brand of PPG Industries architectural
coatings business.
Societal and consumer trends in 2015
point to the idea of hope. Color experts
selected Caribbean Sea (56BG 23/355) as
the Glidden paint Color of the Year for
2015 due to its soothing, optimistic and
vibrant tones.
Misty Yeomans, color marketing
manager, PPG Architectural Coatings,
describes the medium blue as reminiscent of ocean waters and endless horizons, similar to beautifully saturated
Caribbean seas and cloudless skies. With
hues reminiscent of mosaic stones, the
color has a noticeably bohemian and
laid-back coastal feel.
Yeomans recommended incorporating Caribbean Sea into the home on an
accent wall or on backs of bookcases. In
addition, using it on the wall at the end of
a hallway can create interest, reduce the
tunnel effect, and ultimately brighten up
a room. The vibrant hue pairs well with
complementing whites, neutrals, yellow
or golden hues, or with black and white
patterns for a modern and fresh look,
according to Yeomans. Complementary
colors can be incorporated in the form
of furniture, decor items or trim paint
colors.
By incorporating vibrant, attentiongrabbing blues in the home, consumers
are sure to feel a sense of hope and enthusiastic optimism, resembling that of a
horizon or endless waves in the ocean,
Yeomans explained.
The Glidden paint brand offers a rich
tradition of innovation and color inspiration, having consistently embodied quality and performance for generations of
customers. From the first latex paints developed and marketed under the Glidden
brand decades ago to todays broad assortment of versatile paints, Glidden
paint makes it easy for consumers and
paint contractors to turn inspiration into
action and add color to peoples lives.
July 2015
7/6/15 4:14 PM
PPG Congratulates Toyota

of Orlando on Manufacturer
Recognition
PPG Industries automotive refinish business congratulates customer Toyota of
Orlando on winning the Toyota Certified
Collision Center Triple Crown Award. It
is the second time the dealership has received the accolade; the previous honor
came in 2012.
The dealership has been a PPG customer since it opened. Six years ago it
converted to the ENVIROBASE High
Performance waterborne system.
The Triple Crown Award is presented
annually to the Toyota dealer collision
center that best exemplifies the spirit of
certification. According to Jeff Hilton,
wholesale parts and collision manager for Toyota Motor Sales, more than
175 Toyota Certified Collision Center
(TCCC) dealers nationwide competed for
the prize.
This award is quite an achievement in the Toyota family, Hilton said.
Centers are evaluated on a point system
based on customer satisfaction; manager,
estimator and technician certification;
facility and equipment requirements and
other benchmark achievements as well as
sales volume. By winning twice in three
years, its obvious Toyota of Orlando is
doing something very right.
Toyota of Orlando moved to its
Fresh Paint
Caribbean Sea, the Glidden paint

Color of the Year, and more than 6,000
other colors can be found at more than
40 Glidden store locations across Puerto
Rico, said Karina Jimenez Muniz,
marketing manager, PPG Architectural
Coatings. With beautiful, on-trend color
palettes and a portfolio of high-quality
products, the Glidden brand has a match
for any painting project.
Glidden paint is a brand of PPG
Architectural Coatings, a business of PPG
Industries, the worlds leading coatings
company. To learn more about Glidden
paint visit www.gliddenpr.com/home.
current location three years ago,

and the new facility helped the
dealership qualify for award
competition. Scott OConnor,
Toyota of Orlando collision center director, accepted the award on behalf of the
dealerships 42 collision center employees.
It was an honor to receive this award
the first time; earning it again makes us
very proud that our efforts continue to
be recognized, OConnor said. Our
success comes from the hard work and
exceptional abilities of our entire team.
Additionally, the support and training we
receive from Toyota, Bens Paint Supply
and PPG experts keep us at the leading
edge of refinish technology. In particular,
PPGs MVP program has been instrumental in helping us reach our goals of
maximizing productivity without compromising the quality our customers
demand.
Matt Boyd, PPG territory manager,
said, We look at Toyota of Orlando as
a showcase for what can be accomplished
Coatings World | 23
7/6/15 4:14 PM
Fresh Paint
with great products and great

support. Scott and his staff have
taken advantage of our Green
Belt Training program, applied
lean processes and earned the respect
of Toyotas management. We are very
pleased to congratulate the dealership.
For more information about PPG
products and the MVP program, call
800-647-6050 or visit www.ppgrefinish.
com.
Axalta Wins Green Repair

Innovative Product Award
in China
Axalta Coating Systems has won the
Green Repair Innovative Product Award
from one of Chinas leading automotive publications, Auto Maintenance &
Repair Magazine, recognizing Axaltas
Cromax Pro waterborne refinish products for their selection of sustainable
coatings solutions for the automotive refinish industry.
Auto Maintenance & Repair Magazine
is published by the China Automotive
Maintenance
and
Repair
Trades
Association (CAMRA), an industry association with over 500 corporate and
individual members that include body
shops, repair workshops, and R&D and
automotive testing institutes. CAMRA
sponsored the award.
The award evaluation, initiated in
October 2014, took place over a sixmonth period in a process that involved
preliminary screening of entries, expert
evaluations, and an open voting through
the magazines website. Over 300,000
votes were cast during the voting period.
Receiving this award means receiving recognition from the automotive

maintenance and repair trade community for our advanced waterborne technology, Cromax Pro, said Luke Lu, vice
president of Axalta and President of its
business in China. Cromax Pro, our latest generation waterborne technology, is
engineered for sustainability and productivity. This recognition, from those who
use our products every day, is a rewarding recognition of our technology and
will motivate us to continue to develop
ever more innovative products for our
customers.
Axaltas waterborne coating products,
including Cromax Pro, were developed to
meet a number of environmental requirements, such as EUs VOC Regulation
2004/42/EC and GB 24409-2009 to
which China adheres, the goals of which
are to reduce emissions of VOCs. Cromax
Pro helps meet sustainability goals as well
by bringing additional productivity to refinish customers. Its reliable performance
combined with easy and fast drying application offer savings through lower
paint consumption with shorter process
times and lower energy demands.
New AkzoNobel Product

Aims to Revolutionize
Color Matching in Vehicle
Refinishes Market
AkzoNobel has launched a digital system which allows bodyshops to precisely
measure and match the existing color on
any area of a vehicle.
The advanced system consists of two
key elements: Automatchic Vision the
latest generation of AkzoNobels handheld device that digitally analyzes color;

and Automatchic Smart Search color
retrieval software that provides the optimum matching color formula.
The system is also intuitive and easy
to operate, so that only minimal training
is needed to achieve accurate measurements quickly. Color readings obtained
using Automatchic Vision easily translated into the best matching color formula
by the Smart Search software.
Dunn-Edwards Identifies
New Classics in Paint
Color
After studying hundreds of modern architecture and current trends in color design,
Dunn-Edwards culled 158 hues to be
added to its new Then, Now and Forever
paint palette. This new collection provides designers, architects and consumers
a well-researched selection of colors cemented in todays design trends.
To identify the true modern-day paint
classics, Dunn-Edwards called upon
Mark Woodman, color expert on several
international color forecasting panels and
the past president of the Color Marketing
Group. Woodman and Dunn-Edwards
took a unique approach in selecting the
new classics by examining popular colors
of the past and trendy colors today.
We knew that just putting out colors saying, Heres something new, isnt
enough...it doesnt resonate with consumers and with people who just really
love color design, said Mark Woodman.
The Then, Now and Forever color
palette team examined where color came
July 2015
7/6/15 4:14 PM
from, where its going and how all popular colors - old and new
- work together. Dunn-Edwards used color software to digitally
analyze the color space and create a comprehensive palette of
the new classic colors.
All 158 trending colors will be integrated seamlessly
into the new Perfect Palette display, color library, color
album, fandeck and designer travel kit for easy selection
on-the-go. To support the launch of the new collection,
Dunn-Edwards will introduce a new array of digital tools,
including InstaColor, a new mobile app, and ColorView, a
color rendering tool that allows you to upload a picture of
a room and paint it virtually. Professionals can download
color swatches into an expanded range of programs, including Adobe Illustrator, REVIT and Sketch-Up. And, for the
first time ever, with Color-Ark Home consumers will have
the opportunity to store their color purchases in an online
database for future reference.
AkzoNobel, McLaren Sign Extension

Agreement
AkzoNobel has signed an extension to its agreement with
McLaren Automotive which will see the company continue
to provide high performance coatings, working as a technical
partner.
The two parties who first began the collaboration five years
ago will continue to work together to develop and create the
colors for the range of McLaren models in the Super Series
and Ultimate Series of road cars, as well as the newly launched
Sports Series.
Commenting on the announcement, Conrad Keijzer,
AkzoNobels Executive Committee member responsible for
Performance Coatings, said: We are delighted to extend
our technical partnership with McLaren Automotive. Both
companies share a passion and commitment to customer
service and innovation and we are looking forward to seeing the results of our collaboration on the latest series of
McLaren cars.
Added Mike Flewitt, chief executive officer of McLaren
Automotive: At McLaren, we pride ourselves on the highest levels of quality at every step during the production of
each of our groundbreaking models. We have a close relationship with each of our technical partners and suppliers
to ensure every component is optimized. The relationship
with AkzoNobel is key to presenting every car at its best,
working together to produce a range of striking colors that
showcase the models in the best possible way, but that are
also true to the brand.
The relationship with AkzoNobel is a very strong fit with
McLaren Automotive, with both companies pushing the boundaries of what is possible, and with a shared pursuit of perfection.
Every car produced by McLaren is painted by hand to ensure
that the quality and finish is of the exacting standards our customers have come to expect.
AkzoNobel also recently extended a supplier partnership
with McLaren Racing, which first began in 2008.
Coatings World | 25
7/6/15 4:14 PM
Fresh Paint
Axalta Opens Its

Third Cromax Color
Center in Thailand
Axalta Coating Systems, a

leading global supplier of liquid and
powder coatings, has opened its third
Cromax Color Center in Chiang Rai
together with Northern Car Paint Co.,
Ltd., its key distributor of Cromax in
Chiang Rai province in the far north region of Thailand.
The Cromax Color Center includes
a Color Technology Center, a full range
of Cromax product lines and a mixing machine for Cromax. At the Color
Technology Center, Axalta offers the
latest automated color-matching technology, the Acquire II spectrophotometer designed to help improve body
shop productivity and reduce costs.
The Acquire II spectrophotometer
does this by rapidly finding the best
available formula from the more than
500,000 choices stored in its database,
and then customizing the formula to
best match the exact color of each vehicle to be repaired, for both domestically produced and imported vehicles.
The Center provides body shops with
easy access to Axaltas comprehensive
range of Cromax high quality automotive refinish products, including putty,
primers and clearcoats, so that customers can be assured of the quality of the
repair work.
As a leading automotive coatings
provider in the market, Axalta is proud
to be able to provide quality coatings
such as the Cromax family of refinish
products and excellent color technology to enable body shops to better serve
our customers, explained Axaltas
Passorn Iriyapichart. The opening of
the Cromax Color Center in Chiang
Rai shows our continuous investment
in helping our body shop and collision
repair customers achieve their productivity goals from the front of the body
shop to the back.
The Cromax family of refinish
products is one of Axaltas premium
flagship automotive coating brands.
This is the third Cromax Center in
Thailand. The other two are located in Udonthani, in the northeast
region, and Nakhonsawan, in the

lower north region.
AkzoNobel Using New

Technology to Recreate Old
Masterpiece
AkzoNobels contribution to fusing
modern technology with classic painting
techniques was celebrated in Amsterdam
during a special viewing of Vincent Van
Goghs newly-restored Field with Irises
near Arles.
As part of the companys partnership with the Van Gogh Museum,
AkzoNobels color experts are carrying
out a digital restoration of the famous
work of art which will reveal what it
would have looked like when Van Gogh
first painted it.
Adopting technology and techniques regularly used by the companys Vehicle Refinishes business,
the AkzoNobel researchers are carrying out the color measurements using
digital data supplied by the National
Gallery in Washington.
As a company with a proud history,
were delighted to be working with the
Van Gogh Museum on a project which
embraces both color and heritage, said
AkzoNobel CFO Malys Castella, who
attended the event.
Color and heritage are two of the key
pillars of our global Human Cities initiative. So combining them in this way to offer our knowledge is hugely rewarding and
were proud to be making a contribution to
preserving an important part of our heritage by balancing the old with the new.
By analyzing digital images of the
painting, the AkzoNobel team was
able to study the data and determine the pigment composition of Van
Goghs original artwork. When the
museums head of conservation, Ella
Hendriks, then began removing the
yellowed varnish layer (which was
applied after Van Goghs death) it became clear that the color predictions
were accurate.
Now that the varnish has been removed we can see that we are on the
right path to digitally restoring the
original colors, explained AkzoNobel
scientist, Eric Kirchner. In the near
future, and in close collaboration with

experts from the Van Gogh Museum
and the Cultural Heritage Agency, we
will work on the full digital color restoration of the painting.
Although the varnish layer has been
removed, several of the pigments used by
Van Gogh have faded or darkened over
time. And because modern conservation
ethics wont allow new color to be added,
a digital restoration is the only way to
faithfully recreate the original painting.
Staged at the Van Gogh Museum, the
viewing also included a panel discussion
featuring Malys, Ella, Kirchner and museum director Axel Rger.
AkzoNobel has been a partner of
the Van Gogh Museums restoration
studio since 2013. Last year, a new
color palette known as the AkzoNobel
Van Gogh Collection was launched,
featuring colors inspired by ten of the
great masters works.
PPG Completes Acquisition

of Specialty Coatings and
Materials Manufacturer
Cuming Microwave
PPG Industries has completed its
previously
announced
acquisition
of Cuming Microwave Corporation
based in Avon, Massachusetts, and
its wholly-owned subsidiary CumingLehman
Chambers,
Inc.,
based
in
Chambersburg,
Pennsylvania.
Financial terms were not disclosed.
The acquisition enhances PPGs
portfolio of aerospace coatings with
specialty coatings and materials that
absorb microwaves and radio waves
such as radar, the company stated. The
products are used for military aircraft
and also have applications in electronics, telecommunications, medical and
automotive end-uses. PPG Aerospace
is the aerospace products and services business of PPG Industries. PPG
Aerospace Transparencies is the
worlds largest supplier of aircraft
windshields, windows and canopies.
PPG Aerospace PRC-DeSoto is the
leading global producer and distributor of aerospace coatings, sealants,
and packaging and application systems. CW
July 2015
7/6/15 4:14 PM
oatings in the global aerospace

industry are expected to increase
with a CAGR of 3.6 percent by
2020. The major drivers for coatings
is increasing air passenger traffic rate,
which increases aircraft deliveries and
thereby increases the demand for aerospace coatings. Aerospace coatings market is also driven by large demand for
coatings in refinishing market as airlines
recoat aircraft after regular intervals for
maintenance. Commercial aircraft segment is growing at a greater pace than
general aviation, regional, and defense
aircraft. Increasing commercial aircraft
deliveries and introduction of new wide
body aircraft will further boost the commercial aircraft coatings market. With the
airlines mergers and acquisitions, there is
increasing demand of coatings as airlines
repaints their fleets to change their brand
and identity.
Lucintel, a global management consulting and market research firm, has
analyzed the coatings in global aerospace industry by product type, aircraft
type, process type, application type,
and by region and has come up with a
comprehensive research report Growth
Opportunities for Coatings in Global
Aerospace Industry 2014-2020: Trend,
Forecast, and Opportunity Analysis.
This report provides an analysis of the
coatings in global aerospace industry
including analysis of the market trends,
competitive landscape, company profiles, mergers and acquisitions, emerging trends, and key drivers of industry
growth. The study also includes coatings
in global aerospace industry trends and
forecasts through 2020, segmented by regions, by aircraft type, by product type,
by application type and by process type.
Lucintel forecasts that majority of the
segments for coatings in global aerospace
industry will grow moderately during
2014-2020. Coatings manufacturers are
continuously adopting new strategies to
gain market share in the industry.
As new advanced coatings are launched

with the continuous development of low
volatile organic compound and environment friendly coatings, demand to replace
antiquated technologies increases. This
will further drive the coatings market.
PPG Industries, AkzoNobel, SherwinWilliams, DuPont Chemicals Company
and Henkel AG & Company are among
the major suppliers of coatings in global
aerospace industry.
Demand for Silicones to

Reach $19.3 Billion in 2019
World demand for silicones,is forecast to
rise 5.7 percent per year to $19.3 billion
in 2019. The pace of growth in value
terms will be in line with that seen over
the 2009-2014 period. Demand for silicones in developing regions is expected
to post strong gains through 2019, benefiting from economic advancement and
increased penetration of silicones in less
mature markets. These and other trends
are presented in World Silicones, a new
study from The Freedonia Group, Inc.
The Asia/Pacific region will continue
to be the strongest source of additional
silicones demand, accounting for 57 percent of the total increase in global silicone
consumption between 2014 and 2019.
The bulk of these gains will be attributable to China, which will represent nearly
three-fifths of the Asia/Pacific total in
2019. According to analyst Elliott Woo,
although Chinas silicone market will
not maintain the extremely rapid pace
of gains seen in recent years, growth will
still continue to be well in excess of the
global average.
Other developing countries in the
Asia/Pacific region, such as India,
Indonesia and Thailand, are also expected to post strong gains in silicone demand. Electrical and electronic products
will remain the largest outlet for silicones
in the Asia/Pacific region.
The outlook for silicone demand in
North America and Western Europe is
27 Market Reports 0715.indd 27
Market Reports
Growth Opportunities Expected for Coatings

in Global Aerospace Industry Through 2020
somewhat weaker, reflecting the maturity

of both manufacturing industries in general and the use of silicones. In the U.S.
market, the largest in the world, demand
for silicones will be bolstered by a major improvement in construction activity.
Demand for silicones in Western Europe
will advance slowly, although the regions
affluence will continue to support significant demand for silicones in the health
and personal care market. Above average
growth is expected in the Africa/Mideast
region, aided by urbanization and the
emergence of the middle class in some
of the more developed nations. Gains
in silicone demand in Central and South
America will be near the world average,
benefiting from a rebound in motor vehicle production from low 2014 levels.
Gains in Eastern Europe are expected
to be slightly below the world average,
but will still represent a healthy increase
through 2019 as export-oriented manufacturing activity continues to grow.
Technavio Predicts Growth

in Powder Coatings Market
in Romania
Technavio has published a new report on
the powder coatings market in Romania,
which is expected to grow at a CAGR of
nearly seven percent from 2015-2019.
The booming construction industry in
Romania is expected to open up extensive growth opportunities for the market
in the region.
The Romanian government is focusing on infrastructural development
and economic recovery following the
Eurozone crisis. Under the General
Transport Master Plan, the government
is planning to invest a huge amount towards 408 miles of new highways by
2030, said Faisal Ghaus, vice president
of Technavio. Increased construction
of residential and office buildings is also
expected to contribute to the demand for
powder coatings in Romania over the
forecast period. CW
Coatings World | 27
7/6/15 3:30 PM
New Products
PPG Offers NOVAGUARD 810

For Tank Coating Applications
PPG Industries protective and marine coatings business has unveiled

NOVAGUARD 810 tank storage coating,
which provides outstanding resistance to
a wide range of chemical and oil products.
The solvent-free coating minimizes application hazards and is equally suited to
the lining of new tanks and the refurbishment of existing ones. Rapid curing properties enable a fast return to service after
painting, and a smooth, light-colored finish enables easy cleaning and inspection.
A single coat of the NOVAGUARD 810
product typically provides the protection
required for storage tanks holding crude
oil, petroleum products, solvents and various chemicals. Crude oil can be stored at
temperatures up to 90 C (194 F), and the
coating cures at temperatures as low as 0
C (32 F) with an extended recoat window.
The storage of crude oil and refined
products are some of the most demanding applications for petrochemical tank
linings, said Jake Ojeda, PPG global segment manager, petrochemical. Storage
tanks need a coating that provides outstanding resistance to a wide range of
oils, chemicals, solvents and refined products, but is easy to apply as well as costeffective. NOVAGUARD 810 tank lining
answers these needs in a product that is
also solvent-free, which minimizes hazards for personnel.
NOVAGUARD 810 coating is suitable
for tanks holding crude oil, aliphatic hydrocarbon, refined petroleum products,
heavy fuel oil, unleaded gasoline, xylene
and higher aromatics, oxygenated fuel
and caustic soda. It can be applied in one
coat with a total dry-film thickness of
as little as 300 microns (12 mils), and it
meets the EI 1541 performance standards
for protective coating systems used in aviation fuel storage tanks and piping.
GLIDDEN Paint by PPG

Launches GRAB-N-GO PreMixed Paint at WALMART
The new GLIDDEN GRAB-N-GO paint
collection has launched exclusively at

Walmart stores, enabling customers to
skip the paint counter line and grab premixed cans of paint in a variety of sizes
and colors right off the shelf.
The paint collection features 11 top-selling shades from the Glidden brands palette
and one colorBermuda Bayvoted into
the collection by Walmart stores Facebook
followers. With the industrys largest assortment of top colors ready to go, the GrabN-Go collection includes these 12 colors in
pre-mixed sample, quart, one-gallon and
five-gallon containers.
Selecting and purchasing paint is now
extremely fast and convenient at Walmart
stores with the Grab-N-Go program,
said Jill Lamont, channel manager, PPG
Architectural Coatings. The Grab-N-Go
program helps Walmart paint shoppers
save time during their home-renovation
projects while also providing beautiful
colors needed to quickly complete their
projects at an affordable price.
Starting at $17.97 per gallon, the GrabN-Go paint collection is available in the
Glidden brands HIGH ENDURANCE
product line and features a palette of both
neutral and bright colors such as Granite
Grey, Dapper Tan and Red Delicious.
Glidden paint is a brand of PPG
Architectural Coatings, a business of
PPG Industries.
Tectorius Introduces
New Line of Pre-Applied
Fastener Adhesives
Tectorius, a global manufacturer of adhesives, coatings and lubricants, has
introduced a new line of cost saving preapplied fastener adhesives.
Since the introduction of pre-applied
fastener adhesives, consumers of these
highly specialized products had to choose
between the costly transport of hazardous, solvent based products or waterbased, slower output formulas.
Tectorius P-80G and P-85G (concentrated Global grade) can be shipped as
28-29 Products 0715.indd 28
non-hazardous, non-flammable, solvent

based liquid. When ready for use, these
concentrated materials are diluted with
common, standard grade solvent in a
3:2 ratio by volume, with no compromise in processing speed. The end products are direct replacements for many
popular market grades offering up to
70% off freight costs by transporting
smaller volumes and weights as a nonhazardous class, not available with other brands.
DAP Meets the Needs of

Professional Painters with
Improved ALEX PLUS and
ALEX FAST DRY Caulk
DAP Products Inc. has launched enhanced formulations for its ALEX PLUS
and ALEX FAST DRY acrylic latex caulk
products. Already the trusted and preferred brand by professional painters,
DAP improved their leading brand of
acrylic caulk to meet the needs of these
customers, the company stated
Professional painters understand that
using caulk as part of a paint job provides better results and reduces the risk
of callbacks, yet they want products that
are versatile and easy to use, saving them
time on the job. DAP understands these
needs, and improved the formulations
for ALEX FAST DRY and ALEX PLUS
to provide faster dry times, better adhesion to a wider variety of surfaces, and
greater durability.
The product development team at
DAP is continually working to make
residential and commercial painters jobs
easier, cleaner, and long lasting, said
Jennifer Johnson, group product director
at DAP.
DAP ALEX FAST DRY Acrylic Latex
Caulk Plus Silicone is specifically formulated to meet the demanding needs
of professional painters and deliver
outstanding paint finish results. It can
be brush painted 20 minutes after application or spray-painted immediately,
July 2015
7/6/15 4:49 PM
Axalta Releases New Rival

Products for Economy
Commercial Transportation
Market
Axalta Coating Systems has introduced
a new urethane primer and polyurethane
clearcoat to expand its Rival economy
paint brand family that offers just the
right mix of value and performance for
shops in the commercial vehicle industry.
Rival RV400 Urethane Primer is
designed to be fast-drying and easy-tosand with good fill properties. It is recommended for use over properly treated
substrates such as aluminum, steel, fiberglass and plastic. RV400 Urethane
Primer can be mixed using existing Rival
activators to achieve both 2.1 lbs/gal and
3.5 lbs/gal volatile organic compounds
(VOC) levels.
When customers desire added durability and protection, Rival RV500
Polyurethane Clearcoat is recommended
for use over Rival topcoat. It is intended
for use on overall applications to provide
a high performance, high-gloss shine.
RV500 Polyurethane Clearcoat is also

mixed using existing Rival activators at
2.1 lbs/gal and 3.5 lbs/gal VOC levels.
Axalta continues to create products that help meet the growing needs
and demands of our customers, said
Jim
Fawcett, Axalta
Commercial
Transportation Product Manager. The
addition of the new Rival primer and
clearcoat gives our customers a complete
system of quality finishes for the economy market.
Axalta launched the Rival brand in
2013 with a single stage polyurethane
enamel as a cost-effective finish for dealers, independent shops, fleets and municipalities. Rival topcoat is available in
solid and metallic colors to give shops the
flexibility to choose just the right Axalta
product needed for the job.
PPG Architectural Coatings

and Nautica Launch Interior
Paint
PPG Architectural Coatings, a business
of PPG Industries has partnered with
Nautica, the global lifestyle brand with
products ranging from mens, womens
and kids apparel to home furnishings, for
the launch of its new Nautica At Home
paint collection.
Nautica At Home interior paint-andprimer is formulated to deliver the classic colors for which Nautica is known
for in its apparel and home furnishings
through a new signature color collection for the home. The paint is backed
by a lifetime warranty and offers exceptional hiding power, excellent adhesion
to most new and previously painted
surfaces, and provides a mildew resistant coating.
The paint collection is now available
exclusively at MENARDS stores. Retail
prices begin at $28 per gallon container.
Nautica At Home interior paint delivers
beauty and durability in one simple step.
The Nautica At Home color collection includes a range of ocean blues,
charming coastal brights, and clean, sail
inspired whites that reflect the brands
nautical heritage and its passion for the
water. Available in a palette of 250 beautiful colors, the Nautica At Home paint
collection pairs expert design tips with
28-29 Products 0715.indd 29
New Products
so the job gets finished faster. This

durable, flexible caulk is resistant to
cracking and dirt pick up, providing a
smooth surface for excellent paint adhesion. Also, it wont discolor or shine
through paint, creating a clean finish.
ALEX FAST DRY offers all-purpose
versatility with adhesion to a wide variety of surfaces and is easy to apply and
tool. It is low in odor, cleans up easily
with water and is backed by a 50-year
guarantee. Available in white in a 10.1
fl. oz. standard cartridge size and a 5.5
fl. oz. squeeze tube.
DAP ALEX PLUS All Purpose Acrylic
Latex Caulk Plus Silicone, Americas
number one selling brand of caulk, is
paintable in just 30 minutes. It contains
silicone additives for greater flexibility
and adhesion to a wide variety of surfaces and it shrinks less* for a durable,
waterproof seal that wont crack or shine
through paint. It is easy to apply and tool,
low in odor and cleans up easily with
water. It is backed by a 40-year guarantee. Available in white in a 10.1 fl. oz.
standard cartridge size and a 5.5 fl. oz.
squeeze tube.
suggested accent and wall color

combinations to help customers select the perfect palette for
their homes.
PPG Architectural Coatings is
thrilled to partner with Nautica to
launch the Nautica At Home paint
brand at Menards retail locations, said
Max Wetzel, chief marketing officer and
general manager of home centers, PPG
Architectural Coatings U.S. and Canada.
Creating a licensed partnership between
two well-known and respected American
brands was a natural fit to bring a high
performing, quality paint and a beautifully designed color palette to consumers.
We are excited to help consumers bring Nauticas vision for home dcor into their homes with our beautiful
color palette offering in the Nautica At
Homepaint collection, said Maria Vicari,
President of Global Licensing, Nautica
Apparel Inc. We are thrilled to partner
with PPG Architectural Coatings on this
exciting new endeavor.
Rust-Oleum Launches
Multispec
Airless Pro
Multicolor
Finish
Rust-Oleum recently Multispec
Airless
Pro
Multicolor
Finish.
Now
painting professionals can apply a multicolor architectural coating to interior walls using
airless spray equipment. This long lasting,
durable coating is made for commercial,
industrial and residential environments.
Airless Pro Multicolor Finish orders can
be made directly through Multispec or at
select paint retailers nationwide.
Airless Pro Multicolor Finish provides
interior walls with a unique, multi-fleck
coating that hides surface imperfections
and is on-trend with contemporary wallcovering. It is formulated for drywall,
wood, masonry, laminate, metal and other interior surfaces. Popular applications
include: entryways, doctor offices, hotels,
airports, locker rooms and accent walls in
residential homes. CW
Coatings World | 29
7/6/15 4:49 PM
IPaint Protecting the P&C Industrys Intellectual Assets
The Hot Potato

Handling Someone Elses Trade Secret
by Steve McDaniel & Jon Hurt
Technology Litigators
f you find yourself inadvertently in possession of someone elses trade secret

that you are accused of misappropriating, what are your options to defend yourself? As always, it is circumstance specific.
Your first defense against trade secret
misappropriation includes showing that
the trade secret was not a trade secret due
to failure to take reasonable efforts to
maintain the secrecy of the information.
For example, someone losing a briefcase
or laptop containing trade secrets that lack
sufficient security protections in a public
place generally is not taking reasonable efforts to protect the informations secrecy,
and thus disqualify it for trade secret protection. Additionally, use of the trade secret by the finder of the lost documents or
computer information may be argued as
occurring innocently rather than improperly if the information is readily viewable
/ displayed (i.e., the 1st files and programs
visible) to the finder. In other words, if you
find someone elses (now no longer) secret
formula lying in the street due to their
carelessness, and you capitalize on it, you
probably just won the lottery. Go you!
The internet is the biggest public
street in the world. And generally, anything posted there is available for your
use, sans other types of intellectual property protection, as it is no longer a trade
secret but now is publically available.
Injunctions to stop dissemination of the
trade secret are pretty much moot in this
scenario. However, the person who originally posts the trade secret on the internet, if they misappropriated it, typically
wind up paying damages if sued.
People like to brag, and the newbie
trade secret creator will try to market or
license his idea to a known company, typically in the same field. So now someone
sends you an unsolicited copy of his trade
secret. And if you wind up marketing a
similar product, such as one you independently created, this guy will naturally say
you stole his idea. To avoid getting sued
or have a strong pre-position prior to being sued by this guy, first have a designated receiver of such correspondence (e.g.,
your legal department) to quarantine
the idea from contaminating your R&D
department that could develop a similar
product. Then send a response back to
the newbie trade secret creator that the
information was received unsolicited and
as such the company has no confidentiality duty to the creator, that it will not
enter into one with the creator, nor does it
accept unsolicited ideas. If the idea seems
related to a product being developed by
your company, make sure the products
independent development process is
well-documented. Also consider having
a policy statement that restates the position of the response letter, and that such
a submission is considered the receivers
property that can be used without any
obligation of compensation to the sender.
This all sounds a bit of a tough stance,
but you really cant get bogged down
with lawsuit after lawsuit if you have a
high profile and people are continuingly
sending you their ideas.
But what if someone discloses to you,
under a confidentiality agreement, a third
partys trade secret? With the infinite
spiders web of non-disclosure agreements between various companies, there
will be times when a company that has
a trade secret disclosed to them in confidence from a third party may blab it
to you. But you very likely dont know
that the confidential information belongs
to the third player! How liable are you
for trade secret misappropriation? Well,
you can defend yourself as innocently
receiving, rather than misappropriating,
the trade secret information. And generally, in that circumstance, you will often
wind up having to abide by an injunction
placed against you for future use of the
trade secret, but not have to pay damages
30-31 iPaint 0715.indd 2
for misappropriation. The company that

disclosed the third partys trade secret
will be the one in trouble though.
You may take proactive steps to insulate yourself from such fire-fights, such as
having your confidentiality agreements
stipulate that the company you are sharing information with will not disclose to
you other partys confidential information.
Consider seeking a clause providing that

you be indemnified against claims by a
third party. Looking at it from the third
partys perspective, you probably want to
have a clause in your non-disclosure agreements that the information being disclosed
may contain trade secrets, and state that
the information should not be disclosed
to other parties. Additionally, mark such
disclosed materials as trade secrets and
not for forwarding as appropriate.
Other circumstance where you may
find yourself in possession of or using
July 2015
7/6/15 3:33 PM
Protecting the P&C Industrys Intellectual Assets IPaint

anothers trade secret is when you hire a
contractor or employee that has misappropriated someone elses trade secret.
The new hire uses the misappropriated information in the course of work for you.
Are you liable? Well, maybe. Individual
state law, such as the local flavor of the
uniform trade secret act (if adopted) that
the state uses, can produce varying outcomes to this question.
For example, in Infinity Products, Inc.
v. Quandt, an employee of T.E. Scott, Inc.,
Herbert Quandt, was fired right before
the company was sold, trade secrets and
all, to Infinity Products, Inc. Mr. Quandt
took customer information with him, and

was hired by Fabri-Tech Inc., a competitor of T.E. Scott. Fabri-Tech Inc. asked
Mr. Quandt whether he was under a noncompete agreement, which he wasnt.
During his duties as a salesman, Mr.
Quandt did make use of Infinity Products
customer lists and pricing information
(trade secrets purchased from T.E. Scott
by Infinity Products) to underbid Infinity
Products and poach some of their customers. Infinity Products sued both Mr.
Quandt and Fabri-Tech for trade secret
misappropriation in an Indiana court.

Mr. Quandt was found liable, but not
Fabri-Tech. The court ruled that there
was a lack of enough evidence that FabriTech had participated in or had knowledge of the misappropriation.
But lawyers like billing hours, so the
case went to the Indiana Appellate Court
which reversed the finding and held that
Fabri-Tech was vicariously liable under the doctrine that an employer is responsible for the action of its employees
during their employment (respondeat superior, for Latin fans), regardless of the
knowledge the employer had at the time
of their actions. So, off to the Indiana
Supreme Court we go, which reversed the
decision again, because under the Indiana
Uniform Trade Secrets Act (Indiana
UTSA), there needs to be sufficient evidence that a misappropriator knew or
should have known of the misappropriation, and that the Indiana USTA superseded the common laws respondeat
superior doctrine.
A similar set of circumstances occurred
in Central Trust & Inv. Co. v. SignalPoint
Asset Mgmt. LLC, 422 S.W.3d 312 (Mo.
2014), but with an independent contractor. Mr. Kennedy was an employee of a
financial management company and left
when it was purchased by Central Trust
to set up his own investment management
company, ITI, and began using his former employers client list. Mr. Kennedy
became an independent contractor for
another company, Signal Point, to solicit
orders for securities from clients. And began, of course, Central Trust suit against
Signal Point, as well as Mr. Kennedy and
his company, for trade secret misappropriation. The Mississippi Supreme Court
found that, besides the lack of evidence
that Signal Point has used, acquired, or
disclosed Central Trusts trade secret
information, Signal Point was not vicariously liable for Mr. Kennedys indiscretion under respondeat superior due to
his status as an independent contractor
rather than an employee.
Bottom line: Check with an attorney familiar with the nuances of the
jurisdiction(s) where you operate and in
which a potential case may be tried. Then
have the attorney draft you agreements
30-31 iPaint 0715.indd 3
accordingly to reduce the chances of being dragged down by a rouge employee

via a state specific legal doctrine. And fire
all your employees and only hire independent contractors (just kidding, maybe).
A possible way to proactively add to
your protective wall of paper is to have
a new employee sign a statement along
the lines that trade secrets from prior
employers will not be used during their
employment. And the employees execute
a non-disclosure agreement that stipulates they will not disclose others trade
secrets to you. You thus exclude use or
disclosure of others trade secrets from actions that would fall into the respondeat
superior domain. And, if they are under a
non-compete agreement, have your attorney determine if what issues exist, if any,
which may cause you not to hire them to
avoid trouble.
However, a note of caution. Now
that we got you all jumpy to avoid getting blindsided by someone elses misappropriation, dont go bananas with
your protective agreements.
Going
overboard in your non-disclosure or
non-compete agreements can open lead
to them being invalidated under certain
circumstances. An agreement may be
found void if made under duress, such
as the employee being threatened with
being fired if he does not sign. Adding
unexpected contract clauses at the last
moment may be viewed as unfair surprise, and thus invalidate the contract.
And, if the agreement is too broad, such
as non-compete agreement that, in the
eyes of a court, lasts too many years,
covers too much geographic area in
which the employee is precluded from
working, and/or prevents too many
types of work activity for a former
employee, then the court may find the
agreement is an unconscionable agreement and unenforceable.
Your employees are not you enemies,
usually. And, with reasonable care you
can prevent or limit the occasional bad
apple. Youre the good guy. Wear a
white hat and have a Hollywood smile
for everyone. But, dont shut the eyes
in the back of your head . lest you get
smacked by a legal beanball tossed by the
occasional rouge. CW
Coatings World | 31
7/6/15 3:33 PM
Business Corner Strategies & Analysis
The Value Chain &

Its Collision With The Supply Chain
by Phil Phillips, PhD
Contributing Editor
phillips@chemarkconsulting.net
ts not a news revelation that the internet has had an impact

on the rules of competition. These so-called vertical markets
have been magnified in our daily routine to the point we can
no longer consider marketing as usual in any segment target
space we play in now or plan to do so in the future.
These vertical markets guarantee four elements will change:
Improve design collaboration & supply chain planning
Force enhanced capacity operation across an industry
Lower business costs
Expose the fundamental economics of a suppliers business
In due course, these changes will lead to unraveling of the
value chains of activity forcing companies to:
Discard operations
Keeping only those that are considered (by the marketplace) as the best available.
The same supplier/customer forces prevail today as they did
in the last 40+ years. OEMs always insisted on at least annual
if not bi-annual price reductions while suppliers created many
methods to appease their customers while showing price reductions and making the same or more
profits. The Internets vertical and horizontal market and industry interactions,
is starting to convert this situation while
impacting each step of the value chain.
Buyers in the coatings, paints, adhesives and sealants market spaces can now
effortlessly track prices and use them to
regulate the prices they pay for purchased
components. They can also contrast the
prices of their present suppliers with others through the use of on-line auctions.
These tactics can both place tremendous
cost back-pressure on the suppliers but
also increase the rate of deal-making in
the process.
Businesses today must perform with
some realistic steps to plan for whatever,
the internet insurgency brings. This focus
must exist in reshuffling the value chain
and vertical integration method of companies to unlock value and create the
marketplace valuation of becoming the best offered capabilities.

As a first move, every business head should ask themselves, how
the internet will impact their business model.
Reexamining the companys long-term positioning within
the value chain will help capitalize on the impact of the internetinstead of just surviving it. The chart below relates to
Important Questions and Related Questions a business executive must consider. CW
32 Business Corner 0715.indd 32
July 2015
7/6/15 3:34 PM
Latin America International Coatings Scene
AkzoNobel Boosts Microsphere Capacity in Brazil

by Charles W. Thurston
Latin America Correspondent
thurstoncw@rodmanmedia.com
kzoNobel is opening a new

Expancel microsphere production line within its paint and coatings complex in Jundia, Sao Paulo State,
with the aim of serving both the Brazilian
and regional market demand. Until now,
the material was being imported from
Sweden, observed Gunther Zaremba, the
director of marketing for Expancel in
Latin America. We will be expanding to
30 metric tons per year of capacity and be
able to reduce our clients use of primary
materials by up to 20 percent, he said.
The Jundia plant is not affected by
the recent sale of Akzo Nobels paper
chemicals business to Kemira, a company
spokesperson noted. Elsewhere in Latin
America, AkzoNobel has three Expancel
plants in Mexico, two in Colombia and
one in Costa Rica.
Microspheres range in size from one
micrometer to one millimeter in diameter, and can be manufactured from a
wide variety of materials including glass,
ceramics, fly ash, polymers and metallic/
mineral substances like titanium dioxide.
The use of microspheres in architectural
coatings bring advantages including
lower costs, reduced density, shortened
drying time, improved matting, less water absorption and lower emissions of
VOC, AkzoNobel indicated. A major
cost reduction through the use of microspheres is a higher particle volume concentration with less binder.
3M, which produces ceramic microspheres for the coatings industry, also
notes that the materials impart lower
viscosity and improved flow, burnish
resistance and hardness, gloss control,
a barrier effect against corrosion; they
also allow radiation curing for wood
and powder coatings. 3M also makes
glass bubble microspheres at sites
including a factory near Sao Paulo, for

industrial applications where there is a
need for fast drying, lightweight coatings, including floors and metals, noted Eric Adair, the U.S. business manager
for microspheres for 3M, based in St.
Paul, Minnesota.
Among the many industrial uses for
microspheres, the coatings industry uses
them for reduced mixing time for automotive materials, and for Cool Roof
treatments on buildings, Zaremba notes.
The Cool Roof application reduces the
heat absorbed by a rooftop, reducing the
need for air conditioning and thus energy
use, Zaremba points out.
While some microspheres are inert, others can form an encapsulation
around an active ingredient, which can
be released by a catalyst or event. In the
broadest sense there is a high potential
for the use of microencapsulation for selfhealing coatings, said Anthony Schiavo,
a research associate at Lux Research,
based in Boston.
Nissan has been utilizing its microsphere-based Scratch Shield self-healing
automotive coating since 2005, and expects to expand its usage globally, the
company website suggests. After being
scratched, a car surface painted with
Scratch Shield will have five times fewer
scratches compared with a vehicle painted with a conventional clear coat, the
company noted.
Similarly, nanoparticles, which range
in size from one nanometer to 100
nanometers, and are used in coatings
as anti-fungal, anti-corrosion, anti-bacterial and catalytic agents. Apart from
zinc oxide, the magnesium and titanium
oxide nanoparticles market is anticipated to witness significant growth, reckoned analysts at London-based Future
Market Insights.
Use of microspheres, particularly in
microencapsulation, promises to extend
the demand for the products in industrial applications of protective coatings.
33 Latin America 0715.indd 33
Photos courtesy of 3M
Latin America, due to its booming oil

and gas industries, offers significant
prospect for the manufacturers establishing their manufacturing bases and
sale offices in the region, said analysts
at Dallas-based MarketsandMarkets. Its
recent report on microspheres projects a
global value of the market for all applications at close to $6 billion by 2019.
Among other microsphere encapsulation coatings that are beginning to be
adopted are damage-sensing coatings,
Schiavo points out. In the automotive industry, the use of carbon fiber frames and
panels is rising, so the use of composite
damage sensing coatings are a potential
long term application, he added. The
total protective coatings market is worth
tens of billions of dollars, so the question
is, over the next five years, what percent
of that could be captured by micro-encapsulation? Is it one percent? Were still
an early stage, he concluded. CW
Coatings World | 33
7/7/15 2:21 PM
International Coatings Scene Europe
UV/EB Technologies Thrive in EU
Over the last few

years growth
in demand in
Europe for UV
and EB coatings
has been double
that of the
coatings market
as a whole,
according to
industry anaylysts.
by Sean Milmo
European Correspondent
milmocw@rodmanmedia.com
lthough UV technologies were first introduced around 20-30 years ago, it is

still considered not to be a mature sector with plenty of innovations needed to overcome barriers to greater efficiencies.
Over the last few years growth in demand
in Europe for UV as well as electronic beam
(EB) has been around double that of the
coatings market as a whole, according to industry analysts. Now the gap could be widening
further as UV/EB moves into higher value and
higher margin areas.
Among the main driving forces have been the
lower energy costs of radiation curing, fast curing
speeds which raises productivity and the desire
for surfaces with a high gloss and color intensity.
34-35 Europe 0715.indd 34
However, more improvements and breakthroughs have to be achieved if the UV coatings

sector is to keep up the momentum.
The big technological challenges are how
to find ways of achieving the same performance
while lowering costs in UV coatings, explained
Stefan Van Den Branden, technology director at
Belgium-based resins producer Allnex Group,
formerly Cytec Industries Inc.
Then there are more specific performance
demandslike hard coats with improved scratch
and abrasion resistance and surfaces with a soft
touch, he continued. A lot of innovation is
also being driven by regulatory constraints, like
restrictions on materials of concern because of
their possible toxicity. These are imposed not
just by the EU and governments but companies
like retail chains. IKEA, the furniture chain, is
setting its own standards, for instance tin-free
resins, which go beyond what legislation is
prescribing.
July 2015
7/6/15 3:34 PM
Europe International Coatings Scene

UV curing by light emitting diodes
(LEDs) is by far the fastest growing of
the UV segments at a rate of around
30 percent a year in equipment sales. It
is also one of the most innovative sectors
mainly because there is scope for so many
improvements in the hardware, resins
and photoinitators needed for its efficient
application.
In line with the general trend in the
coatings sector to greater sustainability,
UV coatings users are also wanting renewable materials to be included in them.
As with other UV innovations, their cost
and performance has to be comparable
to existing materials because most endusers are not willing to pay more just because they are renewables.
Geographically, the fastest areas of
growth in UV/EB have been in Eastern
Europe, where its expansion may have
been even quicker if the capital costs
of radiation curing equipment has
been lower.
Across Europe the main fields of
application are printing inks and industrial coatings, according to figures from
Radtech Europe, Brussels, the UV and EB
industrys trade association. Each accounts for around 45 percent of energy
curing applications in the region.
In industrial coatings, the main segments are wood coatings, mainly furniture and flooring, plastics, metals and
electronics.
Radiation curing is increasingly being
used on casings for smart phones and
laptops because of its effects of brilliance
and shine. But it also now being applied
to give matte finishes to a variety of products after the development of alternatives
to the conventional matting materials of
silica and wax particles.
UV/EB is also now making significant
advances in leading manufacturing sectors such as automobiles which should
gradually provide scope for more innovations in curing.
With automobile manufacturers
there was a chance around 10 years ago
that they might adopt UV for application
of clear coats but it did not happen, said
Van Den Branden.
Instead the move to UV in automobiles has been taking place incrementally,
In line with the

general trend in the
coatings sector to
greater sustainability,
UV coatings users
are also wanting
renewable materials
to be included in
them. As with other
UV innovations cost
and performance has
to be comparable to
existing materials.
he explained. UV scratch-resistant coatings on headlamps is now a well established technology. Also UV is now
increasingly being used to achieve a high
gloss on plastic parts in interiors.
UV/EB has also slowly been gaining ground in coil coatings, which could
provide a new route into the automobile
market. The energy consumption of radiation curing can be as much as 90 percent
lower than the traditional heat curing in
the coil coating process.
In big sectors like coil coatings it is
going to take a lot to persuade producers
to make a major move into UV coatings,
said Van Den Branden. It will require
new processing steps which will necessitate a lot of investment in new machinery.
You do not get changes like that happening overnight. It happens gradually.
Powder coatings been a sector
which at one time looked promising
for UV. But now it is struggling to
make further inroads.
The high operational costs and limited application robustness makes UV
34-35 Europe 0715.indd 35
technology in powder coating only useful for niche applications, said Marcel
Schutte, new business development
manager at DSM Coating Resins in the
Netherlands.
Despite huge development costs,
only a very few UV-curing lines survived,
he continued. We have to conclude that
it has not found a breakthrough in the
powder coatings sector.
UV-LED looks likely, however, to be
a success story.
By 2023, UV-LEDs
share of the market for radiation curing lamps has been expected to rise
from 13 percent to 35 percent, according to Radtech Europe.
In a recent report on the UV-LED
market worldwide, Yole Developpement,
a market research company in Lyons,
France, forecast that UV-LED sales will
increase almost six times in 2014-2019
to $520 million, double the growth rate
in 2008-2014.
Less than 10 companies were developing and managing UV-LED devices (in 2008), said Pars Mukish,
Yoles UV-LED specialist. Now more
50 companies have entered the market, the majority of them in 20122014, with most being attracted by the
high growth in demand and the high
margins due to falls in prices for LEDs
due to overcapacity in the production
of the diodes.
More chemical companies are becoming involved in the development and production of the resins and photoinitiators
required to raise UV-LEDs performance.
One of the big advantages of UV
LED is its low energy costsand the fact
that the lamps can be turned off and restarted instantly, said Van Den Branden.
But currently UV LED still has limitations. The LED lamps have to be held
close to the coatings to be cured so that
they can be used only on flat surfaces.
Also the power of LED lamps is still limited, although improving.
As with the UV/EB sector as a whole
in the past, a lot of development work on
UV-LED seems to be necessary. Provided
some key parts of the technology can be
improved, it appears poised to be at the
forefront of radiation curings growth in
Europe over the next several years. CW
Coatings World | 35
7/6/15 3:34 PM
International Coatings Scene Africa
Residential Property Market

to Drive Africas Wood Coatings Growth
Consultancy firm
PricewaterhouseCoopers
and market analyst
Future Market Insights
have in separate reports
indicated Africa is set
to enjoy growth in the
residential property
market and how the
increased production
and supply of wood
protection products will
continue to be driven by
the end-user.
by Shem Oirere
Africa Correspondent
wo new reports have painted a glossy

picture of the future of Africas wood
coatings market as the continent races
towards achieving a combined coatings market of 1.7 million tons by 2018 on the back
of an anticipated GPD growth of more than
4.5 percent.
Consultancy firm PricewaterhouseCoopers
(PWC) and market analyst Future Market
Insights (FMI), have in separate reports indicated how Africa is set to enjoy growth in the
residential property market and how the increased production and supply of wood protection products will continue to be driven by the
residential end-user market.
PWC said increasing urban population will
create huge demand for residential property
36-37 Africa 0715.indd 36
across Africa fuelling the rise in demand for

wood protection products particularly paints
and stains as more of these properties crave
for modern furniture and cabinets and better
fences, siding, floors and decks.
The growing urban populations will increase demand for affordable housing, while
a burgeoning middle-class will drive demand
for more mid-range properties, the consultancy firm said in its report titled Real Estate:
Building the future of Africa.
PWC said large cities in the continent such
as Nairobi, Kinshasa and Dar es Salaam, are
expected to see population growth of over 70
percent by 2025.
The report said Nigeria alone will add 7.6 million middle-class households, followed by Ghana
with 1.6 million while Angola and Sudan will add
one million middle-class households each.
The burgeoning middle-class urban populations in Africa will need far more housing,
July 2015
7/6/15 3:35 PM
Africa International Coatings Scene

said PWC, adding that residential real
estate will become more specialized, with
local and cultural differences influencing
how this evolves.
To expand the residential property market in Africa, the analysis said more listed
property funds are likely to loosen their
purses and financially back the new developments with residential holdings, which
make up 2.5 percent of the listed property
funds, set to increase financing by 2030.
A separate global analysis by FMI
on the wood coatings market said the
growth of the residential property market will be the main driver of the wood
protection products supply trends in the
coming five years.
FMI said residential end-user is the
largest market for wood protection, driven by maintenance demand for items such
as fences, sidings and decks.
Overall, FMI said furniture, decking
and siding are the three largest applications in value terms although smaller
doors, windows and cabinet applications
are expected to achieve faster growth in
the near future.
Globally the analyst said paint is the

dominant wood protection product used
on siding, windows and doors but stains
and sealers are more widely utilized on
cabinets, decks, furniture and flooring.
In Africa, projected growth in the
housing market will be the main driver of
increased use of wood protection products for the next five years.
Several initiatives by both governments and the private sector have been
launched to develop millions of housing units in sub-Saharan Africa opening
new fronts for the makers and suppliers
of wood coating products as demand for
quality furniture, decking, siding, small
doors, windows and cabinet applications
is set to soar.
For example, the World Banks
lending arm International Finance
Corporation has partnered with Chinese
multinational CITIC Construction Ltd.
to set up a $300 million investment
forum for the developing of at least
30,000 housing units across Kenya,
Rwanda and Nigeria over the next five
years. The units are just a drop in the
36-37 Africa 0715.indd 37
ocean when one considers that Kenya

alone is short of two million housing
units while Nigeria needs an additional
17 million units.
FMI said: The growth in the housing
market is the primary driver for the wood
coatings market as homeowners are investing more in the upkeep of their decks,
floors and siding.
Sustained demand from development markets and burgeoning demand
from emerging economies will continue
to drive the wood coatings market,
FMI predicted.
And according to PWC the significant housing investment shortfall has
created opportunities for private sector investors and that Africas fastgrowing young population will drive
demand for a different type of real estate such as student housing.
Like in the rest of the world wood
coatings markets, Africas growth is
likely to be stimulated by stringent
regulations, rising competition, growth
in unique formulations and new product developments. CW
Coatings World | 37
7/6/15 3:35 PM

O
nce again, CoatingsWorld brings the industry our Top Companies Report the 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 80 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 2014 and would like to be included in our Top Companies Report,
contact me and I will add your company to the online version.
-Kerry Pianoforte, Editor
First Timers
Snieka $144 million
Take-out Companies
Chokwang (South Korea) insufcient sales Diamond Vogel (USA) insufcient sales
NOF (France) insufceint sales Quest Specialty Chemicals (USA) acquired by Valspar
Tnemec (USA) insufcient sales Whitford (USA) insufcient sales
Yips Chemical (China) insufcient sales
2014 Top 20
01 PPGl 02 AkzoNobel 03 Henkel 04 Sherwin-Williams 05 Valspar
06 RPM 07 Axalta 08 BASF 09 Kansai 10 Sika 11 3M 11 Asian Paints 13 Nippon
14 H.B. Fuller 15 Masco 16 Jotun 17 Hempel 18 KCC
19 DAW 19 Shawcor
38 | Coatings World
38-39 Lead and Ranking 0715.indd 38
www.coatingsworld.com
July 2015
7/6/15 4:54 PM
2015 Top Companies

1. PPG (USA)
$14.25 billion
41. Niho Toksuhu Toryo (Japan)
$355,803 million
2. AkzoNobel (The Netherlands)
$11.55 billion
42. Helios (Slovenia)
$351,147 million
3. Henkel (Germany)
$10 billion
43. Shanghai Coatings (China)
$350 million*
4. Sherwin-Williams (USA)
$6.370 billion
43. Musashi (Japan)
$350 million*
5. Valspar (USA)
$4.5 billion
45. Kunsul Chemical (South Korea)
$344,059 million
6. RPM (USA)
$4.4 billion
46. Teknos Group (Finland)
$322,410 million
7. Axalta (USA)
$4.36 billion
47. Origin Electric (Japan)
$301 million
8. BASF (Germany)
$3.57 billion
48. Dunn-Edwards (USA)
$300 million*
9. Kansai (Japan)
$3.113 billion
49. TOA (Thailand)
$295 million*
10. Sika (Switzerland)
$2.85 billion
50. Kelly-Moore (USA)
$284,800 million
11. 3M (USA)
$2.3 billion
51. Tiger Coatings (Austria)
$277 million
11. Asian Paints (India)
$2.3 billion
52. Flugger (Denmark)
$274 million
13. Nippon (Japan)
$2.172 billion
53. CIN Group (Portugal)
$270 million
14. H.B. Fuller (USA)
$2.104 billion
54. Yasar (Turkey)
$266 million
15. Masco (USA)
$2 billion
55. JW Ostendorf (Germany)
$250 million*
16. Jotun (Norway)
$1.767 billion
56. Taiho Paint (China)
$249 million
17. Hempel (Denmark)
$1.720 billion
57. Shinto (Japan)
$240 million
18. KCC (South Korea)
$1.555 billion
58. Rock Paint (Japan)
$231 million
19. DAW (Germany)
$1 billion*
59. Pacific Paint Boysen (Philippines)
$230 million*
19. Shawcor (Canada)
$1 billion
60. Tambour (Israel)
$200 million*
21. Materis (France)
$900 million*
61. Grebe Group (Germany)
$190 million*
22. DuluxGroup (Australia)
$887 million
62. Kapci Coatings (Egypt)
$189 million
23. Chugoku Marine Paints (Japan)
$862,807 million
63. Tohpe (Japan)
$181 million
24. Berger Paints (India)
$847 million
64. Ace Paint (USA)
$175 million*
25. Benjamin Moore (USA)
$790 million*
65. Kikusui Chemical (Japan)
$173 million
25. SK Kaken (Japan)
$790 million
66. WEG Tintas (Brazil)
$160 million
27. Pintuco (Colombia)
$769,310 million
67. Cloverdale Paint (Canada)
$151 million
28. Tikkurila (Finland)
$750 million
68. Snieka (Poland)
$144,070 million
28. Beckers (Sweden)
$750 million
69. ICA Group (Italy)
$144 million
30. Pidilite (India)
$642 million
70. Kayalar Kimya (Turkey)
$140 million*
31. Dai Nippon Toryo (Japan)
$600 million*
71. PACHIN (Egypt)
$135 million
32. Fujikura Kasei (Japan)
$586,760 million
72. Renner Saylerlack (Brazil)
$132 million
33. Carpoly Chemical Group (China)
$533 million
73. Russian Coatings (Russia)
$131,810 million
34. Looser (Switzerland)
$523 million
74. Empils (Russia)
$125 million*
35. National Paints (Jordan)
$514 million
75. Natoco (Japan)
$119 million
36. Samhwa Paints (South Korea)
$499 million
76. Atomix (Japan)
$117 million
37. Noroo Paint (South Korea)
$461 million
76. ICA Group (Italy)
$117 million
38. Lord Corp. (USA)
$460 million*
78. Asahipen (Japan)
$114 million
39. Betek (Turkey)
$415 million
79. Boero Group (Italy)
$107 million
40. Ennis-Flint (USA)
$405 million*
80. Mido (Egypt)
$103 million*
July 2015
38-39 Lead and Ranking 0715.indd 39
Coatings World | 39
7/6/15 4:54 PM
2015 Top Companies
16
52 28
02
67
14 05
11
64
50
48
40
03 08 51
19
10
61
21 55
34 42
19
15 04
06 01
38
17
07
79
53
25
69
76
27
72
66
ALPHABETICALLIStING
Berger Paints -24
Dunn-Edwards - 48
Industrias Titan - 69
3M -11
Betek - 39
empils - 74
Jotun - 16
ace paint - 64
boero group - 79
ennis-Flint- 40
jw ostendorf - 55
AkzoNobel - 02
carpoly - 33
flugger - 52
Kansai Paint - 09
asahipen - 78
Chugoku Marine Paint - 23
Fujikura kasei -32
Kapci coatings - 62
Asian Paints - 11
CIN - 53
Grebe Group - 61
Kayalar kimya - 70
atomix - 76
Cloverdale Paints - 67
H.B. Fuller - 14
KCC - 18
AXALTA -07
Comex - 18
Helios - 42
Kelly-Moore - 50
BASF - 08
Dai Nippon Toryo - 31
Hempel - 17
kikusui chemical - 65
Beckers - 28
DAW - 19
Henkel - 03
kunsul - 45
Benjamin Moore - 25
dulux group - 22
ICA Group - 76
looser - 34
40-41 NEWMap 0715.indd 40
July 2015
7/8/15 5:19 PM
68
46 28
73
68
51
74
42
76
47
41
18 36 58 65
76 23
37 45 57 78
32 43
75 31
09 13
43
63 26
70 39
54
80 62
60
71
35
33 56
11
24
30
49
59
22
lord Corp. - 38
pachin - 71
Shawcor - 19
Toa Group - 49
Masco - 15
pacific paint - 59
Sherwin-Williams - 04
Tohpe - 63
materis - 21
Pidilite - 30
Shinto Paint - 57
Valspar - 05
MIDO - 80
Pintuco - 27
Sika - 10
WEG - 66
musashi - 43
PPG - 01
sk kaken - 26
Yasar - 54
National Paints - 35
renner sayerlack - 58
Snieka - 68
natoco - 75
Rock Paint - 58
taiho paint - 56
nihon tokushu - 41
RPM - 06
tambour - 60
Nippon Paint - 13
russian coatings - 73
teknos group - 46
noroo - 37
samwha - 36
tiger coatings - 51
origin electric - 47
shanghai coatings - 43
Tikkurila - 28
40-41 NEWMap 0715.indd 41
Coatings World | 41
7/8/15 5:19 PM
Top Companies
01
2015
PPG Industries
Pittsburgh, Pennsylvania/USA
www.ppg.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1883
REVENUE: $14.25 billion s (2013: $12.78 billion)
SEGMENT BREAKDOWN
Aerospace coatings Packaging coatings Automotive
OEM coatings Industrial coatings Automotive refinish
coatings Protective and Marine coatings Architectural
coatings Specialty coatings and materials
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 and government affairs; Charles F.
Kahle II, VP, coatings research and development and
CTO; Marcos Achar Levy, VP, Architectural Coatings, Latin
America, and CEO, PPG-Comex; Shelley J. Bausch, VP,
Global Industrial Coatings; David J. Cole, VP, Packaging
Coatings; Barry N. Gillespie, VP, Aerospace Products;
Anup Jain, VP, Specialty Coatings and Materials; Timothy
M. Knavish, VP, Global Protective and Marine Coatings;
John R. Outcalt, VP, Global Automotive Refinish; JeanMarie Greindl, president, PPG EMEA, and VP, Automotive
Coatings, EMEA; Michael Horton, president, PPG Asia
Pacific, and VP, Protective and Marine Coatings, Asia
ales of PPG Industries three coatings business segments

Performance Coatings, Industrial Coatings and Architectural
Coatings EMEA combined for $14.25
billion in revenue in 2014, up from $12.78 billion the year before.
PPG achieved record results in 2014
and further strengthened its position as the
worlds leading and largest coatings company, Charles Bunch, chairman and CEO of
PPG stated in the companys annual report.
Thanks to our customers and employees Charles Bunch,
throughout the world, 2014 was another suc- Chairman and CEO
cessful year for our 131-year-old company,
both financially and strategically. We achieved record financial
results that have further strengthened our leading position within
the global coatings industry.
PPG also completed several important strategic acquisitions in
2014 to drive future earnings growth. Most notably, we acquired
Comex, the leading architectural coatings company in Mexico,
Bunch said. This was the second largest acquisition in PPGs history and positions us as the number one coatings company in this
important and growing economy. We are pleased to have added this
high-quality business to the PPG family.
The transaction, valued at $2.3 billion, added a leading architectural coatings business to PPGs portfolio. Comex manufactures
coatings and related products in Mexico and sells them in Mexico
and Central America through more than 3,700 stores that are independently owned and operated by more than 700 concessionaires.
Comex also sells PPGs products through regional retailers and
wholesalers and directly to customers.
PPG also made several targeted acquisitions that strengthened
its diverse coatings product portfolio, such as The Homax Group,
Hi-Temp Coatings and Canal Supplies. The Homax Group is the
industrys leading supplier of decorative aerosol drywall and ceiling
texturing applications 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. Hi-Temp Coatings
Technology manufactures industry-leading coatings that withstand
extreme temperatures to protect both carbon steel and stainless steel
substrates in stacks, piping, boilers and similar equipment. Hi-Temp
coatings products are used widely in refineries, petrochemical plants,
pulp and paper mills, and power plants.
PPG has ambitious plans for 2015 and beyond. As we look
forward into 2015, we expect sales of our coatings businesses to
approach 95 percent of PPGs total sales, Bunch stated. We are
well positioned to benefit from continuing global growth due to our
broad geographic reach, excellent product offering, and pipeline of
new and innovative products. Additionally, we will maintain our
heritage of operational excellence and cost management.
Key Developments 2014

Hi-Temp Coatings Technology (protective and marine coatings)
acquired March 2014
Divested 51 percent ownership interest in Transitions Optical joint
venture and wholly-owned sunlens business (specialty coatings
and materials) closed April 2014
Canal Supplies Inc. (protective and marine coatings) acquired
June 2014
The Homax Group (architectural coatings Americas) acquired
July 2014
Consorcio Comex, S.A. de C.V. (architectural coatings Americas;
established PPG-Comex business) acquired November 2014
42 PPG 0715.indd 42
Pacific; Gregory B. Benckart, VP, Automotive Refinish,

Americas; Kevin D. Braun, VP, Industrial Coatings,
Americas; Gary R. Danowski, VP, Automotive Refinish,
EMEA; Diane Kappas, VP, Protective and Marine Coatings,
Americas; Matt C. Marek, VP, Automotive Coatings,
Americas; John C. Richter, VP, Operations, Coatings,
Asia Pacific; Vincent Robin, VP, Automotive Coatings,
Asia Pacific; Scott B. Sinetar, VP, Architectural Coatings,
North America; Ram Vadlamannati, VP, Architectural
Coatings, EMEA and Asia Pacific; Willie Wu (Chunping),
VP, Industrial Coatings, Asia Pacific; Pauline Yuen, VP,
Refinish Coatings and Light Industrial Coatings, Asia.
July 2015
7/6/15 4:22 PM
Lanxess CWM0715.indd 1
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Top Companies
02
2015
AkzoNobel
Amersterdam, the Netherlands
www.akzonobel.com
PUBLIC COMPANY
REVENUE: $11.55 billion t (2013: $13.3 billion)
MARKETS SERVED
Decorative paints Marine and protective coatings
Auto and specialty coatings Industrial and powder
coatings
KEY EXECUTIVES
Ton Bchner, chairman and CEO; Malys Castella, CFO;
Ruud Joosten, executive committee member, Decorative
Paints; Conrad Keijzer, executive committee member,
Performance Coatings; Werner Fhrmann, executive
committee member, Specialty Chemicals
managing directors: Oscar Wezenbeek (marine coatings);
John Wolff (powder coatings); Alberto Slikta (specialty
coatings); AB Ghosh (metal coatings); Mauricio Bannwart
(protective coatings); Simon Parker (vehicles refinishes);
Volkan Goran (wood coatings); Roger Jakeman
kzoNobel is active in the fields of decorative paints, performance

coatings and specialty chemicals and employs approximately
49,600 people (including its Specialty Chemicals business).
Akzo Nobel N.V. reported positive volume growth and an improvement
in return on sales (ROS) for the full-year 2014. Excluding incidentals,
ROS was 7.5 percent (2013: 6.1 percent).
Decorative Paints successfully implemented a new operating model in Europe.
Volumes for the full year were up one
percent with a positive volume development in Asia. Revenue declined six percent
compared with 2013 due to divestments,
adverse currency effects and an adverse
price/mix effect. Q4 revenue was down
one percent, mainly driven by the sale
of the German stores, which offset three
percent revenue growth in Asia and six
percent revenue growth in Latin America. Ton Bchner
Operational results clearly improved.
Performance Coatings continued to profit from operational
improvements and successfully introduced a new organizational
structure with fewer management layers. Volumes for the full year
were up one percent, mainly from growth in Marine and Protective
Coatings and Powder Coatings. Revenue was flat compared with
the previous year due to adverse currencies. Q4 revenue was up four
percent on 2013 due to favorable currencies and price/mix, with
four percent revenue growth in Powder Coatings and eight percent
revenue growth in Marine and Protective Coatings.
AkzoNobel Performance Coatings is investing approxinately
$3.4 million to expand its research and development facilities in
Houston, Texas. The upgraded facility will support the companys
Protective Coatings, Marine Coatings and Specialty Coatings businesses. Completion is due in early 2016.
The expanded facility will be able to house up to 35 laboratory
staff, with 30 skilled technologists employed initially. Key capabilities will include a dedicated area for experimental paint making,
a modern paint application laboratory and environmentally controlled drying areas for conditioning of test panels.

New Products Launched
Launched the first Picture it before you paint it app.
Introduced methodology for ships to generate carbon credits for
CO2 emission reduction.
Launched Human Cities initiative, which is designed to engage
with the challenges and opportunities of the 21st century city
through color, heritage, transport, education, sport and leisure
and sustainability.
Opened a new Decorative Paints site in Chengdu, part of a 50
million investment to build manufacturing facilities for both paint
and powder coatings, strengthening its position as a leading player
in Chinas vehicle refinishes and commercial vehicle OEM markets.
Developed breakthrough coatings to create the worlds first 100
percent recyclable and compostable paper cup.
Dulux Weathershield KeepCool can drastically reduce the amount
of heat being transferred to the interior of a house or building,
resulting in major energy savings.
Launched an innovative, bright metallic powder coating that
provides a sustainable and cost-effective alternative to chrome
plating. Interpon Cr, part of AkzoNobels Interpon powder coatings range, combines a chrome-like finish with the proven performance of a two-coat powder coating for applications such as
furniture, lighting and other interior fixtures.
The core innovation behind the Visualizer, app launched by AkzoNobels

Decorative Paints, is the Computer Vision technology which enables the
user to apply realistic virtual paint to their walls, in real-time.
44 02Akzonobel 0715.indd 44
(performance coatings); Klaas Kruithof (Performance

Coatings RD&I director); Jaap Kuiper, Decorative Paints
managing director LATAM; Lin Lianqi, Decorative Paints
managing director China and North Asia; Amit Jain,
Decorative Paints managing director - North West Europe;
Jan-Piet van Kesteren, Decorative Paints managing
director - Eastern Europe & Africa; Jeremy Rowe,
Decorative Paints managing director - South East & South
Asia, Middle East; David Menko, Decorative Paints global
marketing director; Trudy Schoolenberg, Decorative Paints
global supply chain and R&D director.
July 2015
7/6/15 4:55 PM
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Top Companies
03
2015
Henkel AG & Co. KGaA

Dusseldorf, Germany
www.henkel.com
PUBLIC COMPANY
REVENUE: $10 billion t (2013: $11.174 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 3.7 percent
with sales of $10 billion.
The economic environment
for the Adhesive Technologies
business unit was characterized by moderate growth in our
relevant markets, said Henkel
CEO Kasper Rorsted. Economic
growth was lower than initially
forecasted, particularly in the
emerging markets but also in the
mature markets of North America
and Western Europe. Performance
in the relevant industrial segments Paul Kirsch (middle), corporate
also remained below expectations. senior vice president, Supply and
Private demand weakened slightly Operations, Henkel Adhesive
versus the previous year. In these Technologies, and president Henkel
difficult underlying conditions, Group India, Jeremy Hunter (right),
the Adhesive Technologies busi- welcomed Honourable Chief
ness unit exceeded overall growth Minister of Maharashtra, Devendra
in the markets of relevance, thus Fadnavis (left), and other dignitaries
extending its leading position in from the Maharashtra government
to the groundbreaking ceremony.
the world market.
Henkel recently held a groundbreaking ceremony with 200
guests to commemorate the construction start of its 20,000 square
meters adhesives factory in Kurkumbh, near Pune, India. The new
plant will be Indias largest adhesives plant and is expected to start
production by early 2017.
The construction of the new adhesives factory is part of Henkels
global strategy to expand its capacities and grow business in the
emerging markets. Currently, Henkel generates 44 percent of its
total sales in the emerging markets. With the new site, Henkel will
reinforce its position as the leading solution provider for adhesives,
sealants and functional coatings.
The multi-technology plant will allow Henkel to work closely
with its customers in developing solutions. It will serve various
customers in the automotive and metal industry, and in other in-
dustrial sectors. In the future, about 500 people will be employed

at the plant.
Henkel recently acquired The Bergquist Company, a privatelyheld and leading global supplier of thermal-management solutions
for electronics applications. Bergquists products include Sil-Pad
thermally conductive interface materials, Gap Pad electrically insulating and non-insulating gap fillers, Hi-Flow phase change grease
replacement materials, Bond-Ply thermally conductive adhesive
tapes and Thermal Clad insulated metal substrates.
With this acquisition which is in line with our global strategy
to invest in complementary leading technologies we are strengthening our position as a global market and technology leader, said
Jan-Dirk Auris, executive vice president Adhesive Technologies.
Bergquists track record in developing unique thermal-management solutions fits with our commitment to provide best-in-class
customized solutions.
Bergquists strong business presence in the Asia Pacific region
will further advance Henkels production and R&D capabilities
and help deliver greater sustainable solutions to the region, the
company stated.

Bonderite magnesium coating: Henkel has developed a protective electroceramic coating for magnesium that can be used, for
example, to coat light metals in mobile devices. This innovative technology offers outstanding protection against corrosion, friction and
wear. It also enables product weight savings and efficiency improvements in the manufacturing process.
New technology platform: An innovative technology toolbox
enables synthetic polymers to be replaced by renewable raw materials. This allows a variety of materials such as liquid applied sound
deadeners from Teroson to be specifically tailored to each application. These acoustic solutions weigh up to 30 percent less than
synthetic dampening products while providing the same or better
vehicle performance.
Loctite TAF: The flexible heat-absorbing films from the Loctite
TAF series lower the processor and housing temperatures of mobile
devices by more than 3C. Therefore they improve design flexibility
and device performance while enhancing user comfort.
46 03Henkel 0715.indd 46
Holzbacher, Africa/Middle East, Consumer and Building

Industry; Paul Kirsch, Transportation and Metal Industry;
Michael Olosky, Asia Pacific; Matthias Schmidt, Financial
Director; Alan Syzdek, Electronics Industry.
July 2015
7/6/15 4:23 PM
AD TEMP0415.indd 1
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Top Companies
04
2015
Sherwin Williams
Cleveland, Ohio/USA
www.sherwin-williams.com
PUBLIC COMPANY
(Note: Sherwin-Williams reported total revenue of
$11,129,533 billon for fiscal 2014. However, for purposes
of this report, sales of painting tools and equipment in the
Paint Stores Group are not reported as part of coatings
revenue. The above is Coatings Worlds estimate.)
MARKETS SERVED
Architectural coatings Industrial coatings Protective
and marine coatings OEM product finishes Wood
finishes Aerospace coatings
he Sherwin-Williams Company reported sales of $11.12

billion in net sales for 2014. Minus the sale of painting
tools and equipment in the companys Paint Store Group,
Coatings World estimates the companys paint and coatings sales
to be approximately $6.370 billion.
Its Paints Stores Group represents 61.6 percent of total sales
and includes Sherwin-Williams branded paints and stains. Major
brands include Sherwin-Williams, MAB, ProMar and SuperPaint. The Consumer Group comprises 12.8 percent of sales and
sells branded, private label and licensed brand paints, stains,
varnishes, industrial products, wood finishing products, aero-
KEY EXECUTIVES
Christopher Connor, chairman and CEO; John Morikis,
president and COO; Sean Hennessy, senior VP, finance
and CFO.
sols, 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 18.7 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 Sherwin-Williams,
Lazzuril, Excelo and Baco. The Latin America Coatings Group
encompasses 6.9 percent of total sales. It manufactures a wide
range of architectural paints and industrial coatings throughout
Latin America.

Paint Store Group
Sherwin-Williams opened 95 net new locations and reached 4,003 stores in the U.S.,
Canada and the Caribbean.
Introduced nine new products, including
Painters Edge Interior Latex and Loxon XP IR
Reflective Coating.
Launched Paint Perks, an online and in-store
preferred customer program.
Sherwin-Williams ranked Highest in Customer Satisfaction with Paint Retailers, Two
Years in a Row by J.D. Power in 2014.
Consumer Group
Formed a partnership with HGTV and
Lowes to begin selling HGTV HOME by
Sherwin-Williams interior and exterior paint
in Lowes stores in 2015.
Successfully integrated the Comex manufacturing and distribution facilities in North
America.
Duckback Deck and Dock Coating was successfully launched in more than 3,000 U.S.
and Canadian stores.
Introduced new products or enhancements

to Krylon, Thompsons WaterSean, Ronseal,
Minwax, Purdy Power Lock and Dutch Boy
brands.
Global Finishes Group
Global Finishes expanded its international
reach and capabilities spanning five continents and nearly 100 countries, with 300
facilities worldwide.
The Group continued to drive innovation by
opening a new product finishes lab in Wuppertal, Germany, and a new Commercial
Applications Center for automotive finishes
in Ohio.
T wo new powder coating lines were
launched Powdura Sprint and Powdura
OneCure expanding its OEM product
platform.
Introduced the full-featured Formula Express 2.0, a next generation global online
color formula retrieval system for automotive finishes.
48 04Sherwin 0715.indd 48
Sherwin-Williams received the Military Coatings Excellence Award for its work on the
USS Ronald Reagan.
Latin America Coatings Group
Latin America Coatings expanded its Dedicated Dealer program with 72 new stores,
for a total of 646 dealer stores in the region.
Launched new SeaVoyage and SeaGuard
marine coatings lines in Brazil, Mexico and
Chile, and new Polane Product Finishes in
Brazil and Argentina.
Launched several flagship brands with new
technology that improved product performance.
Latin America Coatings Group and Paints
Stores Group completed an organizational
realignment to put both groups under a
unified management team, which will enable them to share expertise and resources
between the two business units.
July 2015
7/6/15 4:24 PM
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AD TEMP0415.indd 1
6/29/15 10:20 AM
Top Companies
05
2015
The Valspar Corporation

Minneapolis, Minnesota/USA
www.valsparglobal.com
PUBLIC COMPANY
MARKETS SERVED
Architectural coatings General industrial Coil
coatings Wood coatings Automotive refinish
alspar reported net sales for fiscal year 2014 grew 10 percent to $4.5 billion. The companys coatings segment delivered strong results in 2014.
Sales increased 14 percent and adjusted EBIT grew 19 percent.
All product lines and regions grew sales and volumes in the year.
Highlights in Coatings included the successful integration and performance of the Inver Group acquisition, which increased scale
in the large industrial coatings market in Europe. Valspar grew
market share in packaging coatings, its industrial product lines
benefited from new business wins in domestic and international
markets and improving end markets in North America for its
wood product line.
In Valspars Paints segment, sales increased 7 percent and adjusted EBIT grew 11 percent. Highlighting the year were significant
product launches and expanded distribution of Valspar paint in
multiple geographies. In North America, Valspar launched the new
super premium paint Valspar Reserve, which won Lowes Companies Vendor Innovation of the Year award.
The company expanded consumer access to Valspar paints
in North America through its partnership with Ace Hardware.
During 2014, more than 3,250 Ace stores were reset with a Valspar paint studio. In the United Kingdom, the company launched
Valspar paints in 350 B&Q Plc home improvement stores. In
China, they increased retail distribution and its product portfolio for the affordable housing sector. Valspar reported that sales
grew double digits as they continued to gain share in this key
market. In Australia and New Zealand, the company launched
the Valspar brand of paint and grew market share in its paint
stores business and in the home improvement and independent
hardware channels.
According to Gary Hendrickson, chairman and CEO of Valspar,
the company is committed to innovation. At Valspar, we believe
that technology innovation is integral to our ability to support our
customers success. Our global R&D network of 1,000 technologists and our investments in innovation have delivered solutions to
our customers that have helped them succeed whether its painting
a childs room or coating an ocean shipping container with a more
durable finish.
New product launches which further strengthened Valspars
reputation as an innovation leader in 2014 include: the super premium Valspar Reserve consumer paint, Valpure beverage can inside
spray, Valde wet-on-wet powder coatings, new higher performance
pipe coatings, auto refinish coatings, which achieved multiple OEM
specifications, and new WeatherXL coil coatings.
Valspar believes in giving back and in supporting the communities in which they do business. We are a proud National Partner
with Habitat for Humanity donating over 1.5 million gallons of
paint to date, Hendrickson said. In 2014, our employees generously devoted their time to numerous Habitat programs, and the
Valspar Foundation provided substantial financial support. Also in
2014, our Foundation made an impactful gift creating the Valspar
Materials Science and Engineering Lab at the University of Minnesota supporting students in the academic disciplines of science,
technology, engineering and mathematics.
We continue to make progress toward better environmental
management in our facilities and delivering solutions to our customers that enable them to meet their environmental objectives, he
added. In 2014 we published the inaugural Valspar Sustainability
Report, found at www.valspar.com, reporting our progress on key
measures of corporate responsibility. Our employees are what make
us a great company. Our commitment to training, education and
employee development is unwavering. In 2014 a record number of
Valspar employees took part in educational and professional development programs.
Valspar to Acquire Performance Coatings

Businesses from Quest Specialty Chemicals
The Valspar Corporation recently reached a definitive agreement
to acquire the performance coatings businesses of Quest Specialty
Chemicals, Inc., which include automotive refinish and industrial
coatings. The transaction, which is expected to close in the companys third fiscal quarter, is subject to customary closing conditions.
Financial terms were not disclosed.
With 2014 sales of approximately $190 million, the businesses
to be acquired from Quest include an automotive refinish business
along with a smaller industrial products business. Quest Automotive
Products formulates, manufactures and distributes a complete line
of advanced technology paints, coatings systems, and accessories to
professional refinishers under the well-respected brands of Matrix,
Prospray, and USC, primarily in North America and Europe. Quest
Industrial Products serves both the professional and consumer markets with aerosol spray products and highly-specified coatings for
industrial applications under the Patriot, Raabe and Precision Color
brands, primarily in North America.
50 05Valspar 0715.indd 50
KEY EXECUTIVES
Gary Hendrickson, chairman and CEO; James Muehlbauer,
EVP and CFO; Steve Erdahl, EVP.
July 2015
7/6/15 4:24 PM
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.
Everywhere Performance Matters
AD TEMP0415.indd 1
Reichhold
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
6/18/15 2:39 PM
Top Companies
06
2015
RPM International Inc.

Medina, Ohio/USA
www.rpminc.com
PUBLIC COMPANY
Primers-sealers Specialty paints

Hobby and craft paints Wood stains and finishes
Rust-preventative paints
MARKETS SERVED
Roofing systems Caulks and sealants
Flooring systems Corrosion control coatings
KEY EXECUTIVES
Frank C. Sullivan, chairman and CEO; Ronald A. Rice,
president and COO; Thomas Reed, Rust-Oleum Group;
PM International Inc. is a multinational holding company

with subsidiaries that manufacture and market high-performance coatings, sealants and specialty chemicals, primarily for maintenance, repair and improvement applications. RPM
reported revenue for 2014 of $4.4 billion. The company employs
approximately 12,000 people and has 94 facilities in 24 countries.
In fiscal 2014, the companys industrial products accounted for 63
percent of its total coating sales, with consumer products representing 37 percent. The Industrial segments operating groups include
RPM Building Solutions Group, which provides roofing systems,
sealants, corrosion control coatings, flooring coatings and specialty
chemicals. Leading brands include Tremco, Euco, Illbruck, Stonhard, Flowcrete, Carboline, Vandex, API, Tamms, NulliFire, Expanko and FritzTile.
The Consumer segments operating groups include Rust-Oleum
Group, which provides rust-preventative and small project paints,
primer-sealers, wallcovering preparation and removal products,
wood stains and finishes,mildew resistant paints and hobbyist products. Major brands include Rust-Oleum, DAP, Zinsser, Restore,
Varathane, Wolman and Testors.
Recent Acquisitions
RPMs tremco illbruck Group recently acquired Firetherm Intumescent & Insulation Supplies Ltd., the UK market leader in firestopping solutions for the construction industry. Based in Kent, near
London, England, Firetherm has annual net sales of approximately
$10million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
Firetherm manufactures and supplies a broad range of firestopping products, intumescent coatings, and fire-rated sealants
and fiber boards. They are primarily sold to specialist fire-stopping
contractors, general contractors and home builders who view the
company as a leading technical expert in the sector.
RPM2 Group has acquired Morrells Woodfinishes Ltd., the UKs
largest manufacturer of high-performance wood finishes. Based outside of Manchester, Morrells has annual net sales of approximately
$33million and nearly 150 employees. The company will remain a
stand-alone operation within RPM2s Wood Finishes Group. Terms
of the transaction, which is expected to be accretive to earnings
within one year, were not disclosed.
Morrells designs, manufactures and distributes a portfolio of
high-performance wood coating systems. The Morrells product line

includes proprietary wood stains, lacquers, colorants and adhesives
for niche applications in the furniture, cabinetry, and building construction and restoration sectors. Among its specialty coatings are
finishes that provide protection from fire, weather and bacteria. The
companys products are sold under the Xerofire, Induro and Omnia
brands. Morrells also provides professional application equipment
and accessories under its Sprayshop brand. The company has an
extensive network of branches throughout the UK, which provide
local support to manufacturers for their particular needs.

Always Innovating
Among the latest innovations from RPMs operating companies is DAP
SmartBond, a polyurethane adhesive foaming gel that is faster and easier to use than traditional cartridge adhesives. One can of SmartBond
provides eight times the coverage of cartridge adhesives, shortening construction time and reducing
waste. For the ninth consecutive year, DAP received
the 2014 Golden Hammer Award from Home
Channel News, which recognized DAP as the premier supplier in the caulks and sealants category. In
addition, Rust-Oleum launched SpraySmart, a first
of its kind, patent-pending, propellant-free delivery
system for spraying marking paint.
The Best Home for Entrepreneurial Businesses
RPM has a reputation as being the best home for entrepreneurial
businesses in the coatings industry. This reputation was solidified
during RPMs 2015 fiscal year ended May, 31, as the company acquired four companies with $61 million in total annual net sales.
The businesses that joined RPM include: Krud Kutter Inc., a producer
of specialty cleaners and removers; Spraymate Group, the producer
of South Africas leading aerosol paint brand; Morrells Woodfinishes
Ltd., the United Kingdoms largest manufacturer of high-performance wood finishes; Firetherm Intumescent & Insulation Supplies
Ltd., the United Kingdoms market leader in fire-stopping solutions
for the construction industry.
52 06RPM 0715.indd 52
John McLauglin, DAP Group; Steve Knoop, RPM2 Group;

Paul Hoogenboom, Tremco Group; Reiner Eisenhut,
Tremco Illbruck Group; David Reif, Performance Coatings
Group.
July 2015
7/6/15 4:25 PM
Resins and Colorants

for the Architectural, Industrial,
Construction and Adhesive markets
www.epscca.com 1-800-654-4242
AD TEMP0415.indd 1
6/18/15 3:53 PM
Top Companies
07
2015
Axalta Coating Systems

Philadelphia, PA/USA
www.axaltacoatingsystems.com
PUBLICLY HELD
MARKETS SERVED
Automotive OEM Collision repair Industrial Coatings
Commercial Transportation
KEY EXECUTIVES
Charles. W. Shaver, chairman and CEO; Robert Bryant,
EVP and chief financial officer;Nigel Budden, VP, North
America region; Michael Cash, SVP and president,
Industrial Coatings;Jorge Cossio, president, Latin
America region;Michael F. Finn, SVP and general
counsel;Otmar Hauck, COO, Europe, Middle East and
Africa region; Martin Horneck, SVP and chief procurement
xalta Coating Systems is a global supplier of coatings to the

transportation and industrial sectors. The company posted
sales of $4.36 billion for 2014. Transportation Coatings
(light vehicle OEM and commercial vehicles) comprised $1.78 billion of sales and Performance Coatings (industrial and refinish)
comprised $2.59 billion. The company currently employs approximately 12,600 people and has 12 locations in Asia-Pacific, nine in
Europe, Middle East and Africa, seven locations in North America
and seven locations in Latin America (including Mexico) producing liquid or powder coatings.
The year 2014 saw a number of milestones for Axalta. None
stands out more than our IPO on November 12, said Michael
Cash, SVP and president, Industrial Coatings. Our decision to go
public reflected our confidence in our business, our customers com-
and logistics officer; Peter Hurd, SVP, operations and

supply chain;Luke Lu, VP and president, China; Steven
Markevich, SVP and president, OEM Coatings; Joseph F.
McDougall, SVP and chief human resources officer; Rajeev
S. Rao, VP, strategy and business development; Sobers
Sethi, VP, South and East Asia region; Barry S. Snyder, SVP
and CTO; Aaron D. Weis, VP and CIO.
mitment to our products and services, and the technology that will
serve us in the future. A key strategy in response to our customer
commitment was a series of investments made in 2014 that would
position us to serve our customers in the years to come. In China,
we broke ground to expand capacity to produce waterborne paint.
The expanding footprint of OEMs in southern and western China
coupled with regulations that require new manufacturing plants to
use waterborne coatings created a clear opportunity to enhance our
ability to meet anticipated customer demand. In Germany, we began
construction to increase waterborne coatings for both OEM and
refinish customers across the region. We continued our expansion
plans at our operations center in Guarulhos, Brazil. Construction
began in Mexico to expand capacity to produce resins for transportation coatings.
Success Story
By Michael Cash, Senior Vice President and President, Industrial Coatings
Axalta is setting the pace for the major
trends in the coatings industry from the development of formulations designed to meet
specifications demanded by the newest light
weight composite vehicle substrates to lowVOC and waterborne coatings designed to
meet, and exceed, the latest environmental
regulations. In addition to meeting the challenges of the vehicle coatings markets, the
end-markets served by Axaltas industrial
coatings present exciting opportunities for a
number of our brands.
Increasingly, to meet growing demand,
industrial products are being developed on a
global R&D basis even if production occurs at
a local level. In 2014, Axalta took significant
steps to reposition our portfolio for growth
with two key strategic directions in order to
position ourselves much more closely to our
customers and match their global footprint.
First, we leveraged brands that were well

established in one region and launched them
on a global scale. To meet market growth in
the global architectural arena, we began the
roll out of the Alesta Global Color Collection
on a truly global scale, and we expanded the
reach of Abcite thermosetting coatings with
a product launch in China. The demand for
electrical insulation products also is expected
to see growth to support both the demand
for large scale power generating equipment
and the increased use of batteries in hybrid
and all electric vehicles. We introduced Voltatex electrical insulation products in China.
Second, and to complement the globalization of existing brands, we repositioned
and added products to some of our existing
franchises. We introduced AquaEC as the
new name for our existing portfolio of anodic
and cathodic electrocoat products. We also
54 07Axalta 0715.indd 54
added Alesta ZeroZinc to our family of Alesta

powder coatings as a product with a reduced
environmental footprint. We introduced a
next generation C5 electrical steel varnish Voltatex 1250V. We also launched Voltatex
1262 for special applications in large hydro
and turbo generators where no formaldehyde
degassing is desired.
Meeting global customer demand and
trends will always be one of the driving strategies at Axalta and enable us to ensure that
we are delivering on our promise to our customers. Our goal is to provide the most innovative coating solutions and work closely
with our customers to provide consistent and
top-quality service in every part of the world.
Our efforts in 2014 have positioned us well
to meet our customers growing requirements
and growing demand around the world in the
years ahead.
July 2015
7/6/15 4:26 PM
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AD TEMP0415.indd 1
6/17/15 10:25 AM
Top Companies
08
2015
BASF Coatings
Muenster, Germany
www.basf-coatings.com
PUBLIC COMPANY
MARKETS SERVED
Automotive OEM Automotive refinish
Commercial vehicles Decorative coatings

Industrial coatings
KEY EXECUTIVES
Markus Kamieth, president, BASF SE Coatings Division;
Martin Jung, Automotive OEM Coatings Solutions
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 2014, the Coatings division achieved global sales of $3.57 billion. Europe represents 40
percent of total sales, Asia Pacific 22 percent, North America 22 percent
and South America, Africa and Middle East 22 percent.
BASF is building a new resin and electrocoat (e-coat) plant at the
Shanghai Chemical Industry Park in Shanghai. With its operation scheduled to commence in the second half of 2015, the plant will help to address the increasing demand for high quality coatings solutions in various
growing industries, notably the automotive industry, in Asia Pacific.
This new resin and e-coat plant will be located adjacent to another new BASF automotive coatings plant started operation in the
second quarter of 2014. The close proximity of these two plants will
allow for more synergies and efficiency.
BASF Coatings Services has also launched its first high-tech Refinish Competence Training Facility in Midrand, Johannesburg, South
Africa. The new Refinish Competence Center (RCC) is the first facility
of its kind to be established in the country by the company.
The new RCC, which expands BASFs global network of Refinish
Competence Centers, will offer customers an opportunity to learn,
practice and fully master the use of BASFs automotive refinish products. The training offerings will include courses on application techniques, the optimal use of paints as well as color matching. Training
sessions and workshops have been developed and structured in order
to enhance the productivity of bodyshops and to increase their efficiency and competitiveness. The RCC Johannesburg enhances the
Groups global network of training centers and confirms our commitment to invest in areas where we operate, said Harald Pflanzl,
senior vice president Automotive Refinish Coatings Solutions EMEA.
A significant number of trainees and business partners can be
trained in the new facility which comprises two spray booths, two
preparation-bays, two polish areas, as well as one meeting and two
seminar rooms. Other added benefits of the establishment of this facility include the centralization of all products and services: the RCC,
the warehouse, the color lab and the administrative department.
Training offerings are flexible in order to meet the specific training needs of the customers and programs can be tailor-made in modular format. Training seminars will take the spray painters level of
knowledge into account and the training program is geared to the

individual spray painters need.
BASF has established Refinish Competence Centers across the globe,
spanning from Australia, China and the United States to France and Germany. The training network comprises more than 50 training centers,
where painters practice and perfect the use of automotive paints.
BASF Opens New Automotive Coatings Plant in

Shanghai
BASF Shanghai Coatings Co., Ltd. inaugurated its new automotive
coatings plant at the Shanghai Chemical Industry Park in Shanghai, China. The expansion of its automotive coatings production
capacity with an investment of approximately 50 million further
strengthens BASFs presence in China and its position as a leading
coatings supplier to the automotive industry
The plant is equipped with state-of-the-art ventilation and off
gas treatment, ensuring a clean environment in and around the
plant. In addition, it is specially designed to have a closed handling
of ingredients. Our new plant is designed according to the latest
and most environmentally friendly manufacturing processes and
technologies, said Peter Fischer, senior vice president, Coatings
Solutions Asia Pacific, BASF. Our innovative processes and highperformance automotive coatings help our customers to achieve
their efficiency targets and to stay competitive.
The new automotive coatings plant is located adjacent to another
new BASF resin and electrocoat plant which will start operation in
the second half of 2015. The close proximity of these two plants with
access to facilities of BASF Caojing site and the Shanghai Chemical
Industry Park will allow greater synergies and operational efficiency.
BASF Shanghai Coatings Co., Ltd. is a joint venture between
BASF Group and Shanghai Huayi Fine Chemical Co., Ltd., with more
than 17 years of partnership.
56 08BASF 0715.indd 56
(Europe); Harald Pflanzl, Automotive Refinish Coatings

Solutions (Europe), Jan Baumgartner, Industrial Coatings
Solutions (Europe); Chris Toomey, Coatings Solutions
North America; Peter A. Fischer, Coatings Solutions Asia
Pacific; Antonio C. M. Lacerda, Coatings Solutions South
America.
July 2015
7/6/15 4:27 PM
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Top Companies
09
2015
Kansai Paint Co., Ltd.

Osaka, Japan
http://www.kansai.co.jp/global_site
PUBLIC COMPANY
MARKETS SERVED
Automotive coatings Decorative coatings Industrial
coatings Marine and protective coatings
perating in Japan, Europe, the U.S., Southeast Asia, India

and China, Kansai Paint Co. Ltd. offers a broad range of
coatings solutions for various markets. It divides its business into automotive (38 percent), industrial (26 percent), decorative
(26 percent), and marine and protective (6 percent) segments.
With $3.113 billion in sales revenue for 2014, Kansai Paint
operates three state-of-the-art automotive paint plants from its
headquarters in Osaka, Japan and is the leading supplier of automotive coatings to Toyota, Suzuki, Nissan, Honda, Peugeot and
Renault worldwide.
Kansais Business Overview by Segment

Japan: In the field of automotive OEM coatings, in the first quarter
of the year the government ended their policy of subsidies for the
purchase of so-called eco-cars which along with other factors caused
a reduction in the number of new cars produced, and this in turn
led to a decline in sales. However, the company made a transition
to recovery in the second quarter of the year onward. The field of
industrial coatings saw recovery in the demand for coatings applied
to automotive components, along with last minute purchasing before the consumption tax increase and other factors. In the field of
decorative coatings, along with a rise in home improvement work
on houses and apartments prior to the increase in consumption tax,
Kansai implemented a sales promotion for its strategic products. In
the field of protective coatings, there was a growth in demand from
various sectors including public works projects, and the company
experienced sales growth in each field. However, there was a slowdown in the market conditions in the fields of automotive refinish
paints and marine coatings that led to weak sales. As a result, overall
sales increased in this segment. On the other hand, the cost of raw
materials increased which put pressure on profits.
India: In the field of automotive coatings, worsening business
confidence combined with the high cost of fuel and high interest
rates allowed weak market conditions to continue. However, its
principal customers increased their production volume and this, in
addition to an increase in sales prices, has meant that sales of coatings for the entire period under review have continued to grow. In
the field of decorative coatings, despite the slowdown in the domestic economy, continuing expansion of demand as well as an increase
in sales prices during the second half of the term under review has
driven a growth in sales. At the same time, the depreciation of the
rupee in the latter half of this term has led to a rise in the cost of raw
materials which put pressure on profits.
Asia: In Thailand, despite the domestic economy being weakened by political turmoil in the latter half of the period under
review, performance for this term was higher than last year.
In addition, increased automobile production and domestic demand remained firm in Indonesia, and just as in Thailand, there
was an increase in revenue and profits. In China, a worsening in
relations between Japan and China occurred, but key customer
demand picked up in the second half of the period, which combined with effects of the foreign exchange rate, led to a recovery in business performance. In addition, the business results
of PT. Kansai Prakarsa Coatings, an Indonesian company that
became a consolidated subsidiary in April 2012, contributed to
consolidated business results. In accordance with the acquisition of shares in this subsidiary, amortization of goodwill was
continuously accounted.
Africa: The South African economy suffered from sluggish
growth due to the European economic downturn, along with the
impact of soaring raw material prices. However, sales growth continued at an increased pace following signs of recovery in the European economy in the latter half of the term, which lead to improved
revenue. In addition, the business results of Astra Industries Ltd.,
a Zimbabwean company that became a consolidated subsidiary in
July 2013, contributed to consolidated business results. In accordance with the acquisition of shares of Kansai Plascon Africa Ltd. in
2011, amortization of goodwill was continuously accounted.
Other Regions: There were signs of recovery in the European
economy, and the trend was towards increased domestic demand in
Turkey, which led to a rise in sales, especially in the field of industrial coatings. Sales growth was further supported by the acquisition
of new customers in the automotive sector. Moreover, with the increase in automotive sales in North America, equity in earning of affiliates increased, which also contributed to this growth in revenue.
Kansai continues to make inroads into the Africa coatings
market. In addition to the companys acquisiton of South Africas
Freeworld Coatings, it recently acquired a 63.25 percent interest in
Zimbabwes coatings market leader Astra Industries.
Part of our strategy was to use Kansai Plascon in South Africa
as our platform for growth into the rest of the African continent
and we are happy to say that the acquisition of Astra is the first
step in making this a reality and demonstrate our commitment that
we made at that time, said Nauman Malik, Kansai Plascon CEO.
Kansai Plascon is the company formerly known as Plascon South
Africa and was renamed after its merger with Kansai Paint.
58 09Kansai 0715.indd 58
KEY EXECUTIVES
Hiroshi Ishino, president; board of directors: Mitsuhiro
Fukuda, Masanobu Ota, Kunishi Mouri, Masaru Tanaka,
Yoshikazu Takahashi, Koji Kamikado, Hidenori Furukawa,
Shigeaki Nakahara.
July 2015
7/6/15 4:28 PM
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Top Companies
10
2015
Sika AG
Baar, Switzerland
www.sika.com
PUBLIC COMPANY
MARKETS SERVED
Adhesives Sealants Protective coatings
ika supplies the building and construction industry as well

as manufacturing industries (automotive, bus, truck, rail,
solar and wind power plants, facades). Sika is a leader in
processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures. Sikas product lines
feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and
waterproofing systems.
Sales reached record levels in all regions and all relevant growth
targets for 2014 were exceeded. According to Sikas Annual Report,
eight new factories and 70 new patents accelerated development
and expansion in the emerging markets continued in 2014. New
factories were opened in Brazil, Mexico, Indonesia, Singapore, India
and Serbia. The founding of six new international subsidiaries in
Sri Lanka, Bosnia-Herzegovina, Albania, Mozambique, Ivory Coast
and Nigeria has created a basis for tapping these new markets. In the
U.S., two new production facilities were commissioned in Atlanta,
Georgia and Denver, Colorado.
Sika has expanded its production and service capacity in Paraguays capital Asuncin to meet the rising demand in the infrastructure and residential construction sectors. The company has
opened a mortar plant with additional production facilities for
concrete admixtures and liquid applied membranes to become
fully operational in 2015. The plant significantly enlarges Sikas
production and service capacity in Paraguay. It will supply the
market with the full range of Sika mortar products and concrete
admixtures as well as liquid applied membranes for roofing and
faade solutions. A differentiating factor in the market will be
the new concrete lab for product developments and services to
customers: it is the first of its kind in Paraguays construction
chemicals sector and will allow Sika to strengthen its customer
focus by providing tailored solution for their specific requirements in the local market. Strong market position The new plant
represents a major step in accelerating the growth and strengthening the companys market position in Paraguay. In 2013, Sika
had entered the market by acquiring the industry leader Inatec
SRL with subsequent operational expansion and broadening of
Sikas local product portfolio. Economic growth in Paraguay is
expected to reach 4.5 percent in 2015. With the expansion of its
production and service capacity, Sika Paraguay is well positioned
to benefit from the increasing construction activities in both the

residential and infrastructure sectors.
Sika also recently acquired the remaining shares of the Italian
based Addiment Italia from its joint venture partner Buzzi Unicem.
The company is active in the production and sale of concrete admixtures and cement grinding aids. The transaction will strengthen
Sikas production set up in Italy and increase its market presence.
Addiment Italia generated sales of 14 million in 2014.
In 2003 Buzzi Unicem and Sika AG formed a joint venture in
order to produce an innovative range of construction chemicals that
enhance the quality and performance of concrete and cement.
Sika Receives Award at PACE Competition

Sika has won two awards in the 2015 Automotive News PACE
(Premier Automotive Suppliers Contribution to Excellence) Award
recently taking place in Detroit, Michigan. The renowned award competition for automotive suppliers honor game-changing innovations
in product, manufacturing process and information technology.
Sika was a product innovation award winner for its Sikaflex
Ultra-High Modulus Adhesive (UHM) and also took home an Innovation Partnership Award through its collaboration with BMW.
Sikaflex UHM is a high modulus, fast cure adhesive material
currently used to bond the CFRP (Carbon Fiber Reinforced Plastic)
Life Module to the aluminum chassis Drive Module on the BMW
i3 and i8. The innovative adhesive meets the growing demand in
mixed material bonding and is ideally suited for structural bonding performance.
Based on Sikas patented i-Cure technology, Sikaflex UHM also
reduces the carbon footprint in vehicle manufacturing. The innovation allows BMW to radically change the way the i3 is manufactured, away from conventional technique, and eliminates the
complexity of traditional body shop welding.
The PACE Award committee also honored BMW and Sika with
the Innovation Partnership Award. The panel reviewed the collaborative efforts of all 36 PACE Finalists with their respective OEMs
and it recognized BMW for its unique high level of collaborative
behavior with Sika in the development of BMW i3.
60 10Sika 0715.indd 60
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.
July 2015
7/6/15 4:29 PM
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06.05.2014
21:08:39
6/8/15 11:29
AM
Top Companies
11
2015
3M
St. Paul, Minnesota/USA
www.3M.com
PUBLIC COMPANY
REVENUE: $2.3 billion (2013: $2.3 billion)
MARKETS SERVED
Adhesives and sealants Pipe coatings
KEY EXECUTIVES
Inge G. Thulin, chairman, CEO and president; H.C. Shin,
executive VP, international operations; Michael F. Roman
executive VP industrial business group; Frederick Palensky,
executive VP research and development and CTO; Frank
Little, executive VP safety and graphics business group,
M recently published its 2015 Sustainability Report, which

outlines the companys sustainability progress and new goals
for the next 10 years.
The report highlights 3Ms new 2025 sustainability goals focused
on addressing significant global sustainability challenges involving
raw materials, water, energy and climate, health and safety, as well
as education and development. The goals reflect 3Ms expanding
sustainability strategy by placing a greater focus on supporting the
environmental goals of its customers and the communities in which
it operates.
Our 2025 goals reflect 3Ms commitment to improving our
business, our planet and every life, said Gayle Schueller, 3M vice
president, Global Sustainability. We believe we can make even
more progress toward reducing these global barriers as we continue
11
Michael Kelly, executive vice president electronics and

business group.
to collaborate with our customers, our communities and others.

In addition to introducing the new 2025 goals, the report highlights 3Ms progress toward achieving its 2015 sustainability goals.
This years report, available at 3M.com/SustainabilityReport, features interactive content and is available on multiple platforms. 3M
has published a sustainability report in alignment with the Global
Reporting Initiative (GRI) framework since 2002.
2015 Sustainability Report Highlights:
Ethisphere Institute names 3M as a Worlds Most Ethical
Company for a second consecutive year.
Selected as a member of the Dow Jones Sustainability Index
for the 15th consecutive year.
Donated more than $80 million in cash and products in
2014.
Asian Paints Limited

Mumbai, India
www.asianpaints.com
PUBLIC COMPANY
MARKETS SERVED
Architectural coatings Industrial coatings
Automotive coatings
sian Paints had sales of $2.3 billion for 2014. Architectural/

decorative comprised 90 percent of sales and industrial and
automotive comprised the rest.
Asian Paints has 23 manufacturing facilities worldwide: 13 in
Asia, five in the Middle East, two in the South Pacific and three
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.
In June 2014, Asian Paints acquired the entire front end sales
business including brands, network and sales infrastructure of ESS
ESS Bathroom Products Pvt Ltd. ESS ESS is a prominent player in
the bath business segment in India and has high quality products in
this segment.
In February 2015, Asian Paints acquired a 51 percent stake in
Kadisco, one of the leading paint companies in Ethiopia. Kadisco is
engaged in the manufacturing and selling of paints, other coatings
and adhesives in Ethiopia. Asian Paints is also in the process of setting up a paint manufacturing facility in Indonesia with a 24,550
MT capacity, subject to necessary regulatory and other approvals.
Asian Paints has recently entered into and signed a Memorandum of Understanding (MoU) with the Government of Andhra
Pradesh to set up a manufacturing facility for paints and intermediates at Pudi Village, Rambilli Mandal, Vishakhapatnam District,
Andhra Pradesh, India.
62-63 113M-14H.B.Fuller 0715.indd 62
KEY EXECUTIVES
K.B.S. Anand, MD and CEO; Amit Syngle, president
architectural coatings, India; Jalaj Dani, president
international operations; Jayesh Merchant, CFO and
company secretary, president, industrial JVs India.
July 2015
7/7/15 9:13 AM
2015
Top Companies
Nippon Paint Co., Ltd.

Osaka, Japan
www.nipponpaint.com
PUBLIC COMPANY
MARKETS SERVED
Automotive coatings Industrial coatings Decorative
coatings Marine and protective coatings

KEY EXECUTIVES
Kenji Sakai, president, representative director; Yoshio
Andou, senior vice president, general manager of trade
use paint division and executive director; Ryoichi Baba,
ippon Paint manufactures a wide variety of paints and

coatings including those for automobiles, construction,
architecture, steel structures, ships, metal, electrical equipment, machinery, roadways and household appliances among others. Nippon Paint is one of the largest paint manufacturers in Asia
and has 33 manufacturing plants and produces more than one million tons of paint and coatings annually.
In Asia, all Nippon Paint offices are managed by the Nipsea
Group. Nipsea Group manufactures and sells Nippon Paint products in 15 Asian countries. Overall, the company generates close to
one billion liters of paints and coats annually.
Nippon Paint China recently boosted its Corporate Social Responsibility (CSR) program, with the launch of its Society Care
programs in nine big cities around China. These charitable programs
senior vice president, representative director; Kiyohiko

Chijiiwa, executive vice president and director; Kanji
Nishijima, vice president.
drew the participation of more than 1,000 voluntary staff members

from seven different business sectors of Nippon Paint China, who
embodied the companys spirit.
As one of Asias leading paint manufacturers, Nippon Paint
China began their steps towards developing a social public welfare
program back in 2009, when they initiated the Color, Way of
Love program, which renovates and improves the learning environment of schools in rural areas in China. They have also developed
several social interest activities, which included establishing a special fund together with China Youth Development Foundation and
Shanghai United Foundation, for Color, Way of Love; donating
the establishment of Nippon Paint China Happy Art Class; launching training programs for school teachers and providing teaching
opportunities for college students.
H.B. Fuller Company

St. Paul, Minnesota/USA
www.hbfuller.com
PUBLIC COMPANY
MARKETS SERVED
Adhesives
.B. Fuller Company is a global manufacturer and marketer

of adhesives and other specialty chemical products. The
company is managed through four regional operating segments in North America, Europe, Latin America and Asia Pacific.
The largest business component in each of the regional segments is
adhesives. H.B. Fuller posted sales of $2.104 billion in 2014.
The company recently made a number of acquisitions. H.B.
Fuller finalized the purchase of Continental Products Limited, a provider of industrial adhesives to the East and Central Africa markets.
The addition of this business supports H.B. Fullers growth strategy for emerging markets, as it will enable the company to fully
leverage its broad-based technology portfolio and effectively deliver
specialty adhesive products to key customers in East and Central
14
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.
Africa.
The Continental business generated approximately 2.3 million
in revenue for the 2014 fiscal year. Based in Nairobi, Kenya, Continental will be included in H.B. Fullers Europe, India, Middle East,
Africa (EIMEA) operating segment.
The company has also finalized the previously announced purchase of TONSAN Adhesive, Inc., the largest independent engineering adhesives provider in China. TONSAN generated approximately
$100 million in revenue in 2014. H.B. Fuller has acquired 95 percent
of the equity of TONSAN for cash consideration of Rmb 1. billion,
or about $225 million. The results of this business will be included
in H.B. Fullers Asia Pacific operating segment going forward.
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Coatings World | 63
7/7/15 9:13 AM
Top Companies
15
2015
Masco Corp.
Taylor, Michigan/USA
www.masco.com
PUBLIC COMPANY
REVENUE: $2 billion s (2013: $1.9 billion)
MARKETS SERVED
Architectural coatings
omprised of more than 20 companies, the Masco family operates nearly 60 manufacturing facilities in the United States
and over 20 in other parts of the world.
Masco Corp. reported net sales of $2 billion, representing 23
percent of total net sales for Masco. The company produces
architectural coatings including paints, primers, specialty paint
products, stains and waterproofing products. 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.
Behr Paints recently introduced its new BEHR PRO professional-grade line formulated specifically with the professional in
mind for both interior and exterior projects. The series offers
16
KEY EXECUTIVES
Keith Allman, president and CEO; Amit Bhargava, vice
president, strategy
and corporate development.
advanced application properties such as superior touch-up, excellent hide and maximum coverage for high-turnover and pricedriven environments.
The new BEHR PRO paint series is available at The Home
Depot and includes: i100 Series Interior Paints, designed for
production environments found on high-turnover property
management projects such as multifamily and single-family
rentals; i300 Series Interior Paints, delivering solid application
properties such as high hide with excellent spray, brush and
roll characteristics, minimal sag and superior touch-up and
e600 Series Exterior Paints offering exceptional sprayability,
uniform finish, with minimal surfactant leaching and highcaliber touch-up.
Jotun AS
Sandefjord, Norway
www.jotun.com
PUBLIC COMPANY
MARKETS SERVED
Decorative paints Marine and protective coatings
Industrial coatings Powder coatings
otun Group is divided into seven regions: Scandinavia, Western

Europe, Eastern Europe and Central Asia, Middle East, India
and Africa, North-East Asia, South East Asia and Pacific and
the Americas responsible for the sale of Decorative Paints and Performance Coatings (Marine, Protective and Powder Coatings). The
company has 33 production facilities in 20 countries, 68 companies
in 43 countries and is represented in more than 90 countries around
the world. Marine coatings comprised 27 percent of sales, Decorative paints 37 percent, Protective coatings 26 percent and Powder
coatings 10 percent.
The companys long-term growth trend continued in 2014, with
improved sales in most segments and regions. Decorative Paints:
Jotun manages the sale of both interior and exterior paints to the
consumer and professional market through a global network of approximately 7,000 shops. In 2014, Jotun achieved growth in the
Decorative segment, driven by strong sales in the Middle East, South
East Asia and Turkey. Despite challenging market conditions, Jotuns results in Scandinavia improved over 2013. Protective Paints:
Jotun sells protective coatings to multiple industries and companies active in offshore, energy, infrastructure, the hydrocarbon processing industry and mining industries. In 2014, Jotun introduced
a number of products to help differentiate Jotun from competing
coatings manufacturers. In response to increased public awareness
of environmental issues, Jotun has developed a broad range of waterborne products, and is developing several pipeline solutions that
combine both protective and powder coatings.
64-65 15Masco-17Hempel 0715.indd 64
KEY EXECUTIVES
Morton Fon, president and CEO; Brd K. Tonning,
decorative paints; Esben Hersve, performance coatings;
Ram Ramnath, powder; Geir Be; Bjorn Wallentin,
protective.
July 2015
7/7/15 9:28 AM
2015
Top Companies
Hempel A/S
Kgs. Lyngby, Denmark
www.hempel.com
PRIVATE COMPANY
MARKETS SERVED
Architectural Marine and protective coatings
Container coatings Yacht coatings Decorative

coatings
KEY EXECUTIVES
Pierre-Yves Jullien, group president and CEO; Kim Junge
Andersen, group executive vice president and CFO; Lars
rotective coatings supplier, Hempel, recorded sales of $1.720

billion in 2014. Hempel employs approximately 5,200 people
and is present in more than 80 countries and has 27 factories,
48 sales offices and more than150 stockpoints.
The company offers protective coatings for oil and gas, chemical
plants, infrastructure, rail, mining and metal processing, pipelines
and power generation. In the marine segment the company provides
marine maintenance and marine newbuilding products. Hempel also
offers both interior and exterior decorative coatings.
Hempel has launched a new combined primer and mid-coat
designed specifically for wind towers. The new coating, HEMPADUR 4774D, will be used in Hempels well-known two-coat
anti-corrosive system for wind turbine towers to address previous UV stability issues. Hempels two-coat wind tower pro-
Petersson, group executive vice president, COO Marketing

directors: Klaus Moeller (Protective), Christian Ottosen
(Marine), Thomas C. Olsen (Yacht); Monica Li Aviram
(Decorative); David Deters, VP, group R&D.
tection system dries up to 30 percent faster than equivalent

three-coat systems, helping to eliminate production bottlenecks,
increase throughput and reduce drying hall costs, the company
reported. Since it was first launched in 2008, the system has
effectively become the industry standard within two-coat paint
systems for wind towers, and around 70 percent of producers
using a two-coat system for wind towers choose Hempel. Developed specifically for wind towers, HEMPADUR 4774D will
replace the combined primer and mid-coat currently used in
Hempels two-coat system and will improve the system by addressing previous UV stability issues. Hempel is one of the leading coatings suppliers to the wind energy sector and supplies
coatings to more than 50 percent of all wind turbines, towers
and blades produced around the world.
64-65 15Masco-17Hempel 0715.indd 65
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Coatings World | 65
7/7/15 9:28 AM
Top Companies
18
2015
KCC Corporation
Seoul, South Korea
www.kccworld.co.kr/eng/
PUBLIC COMPANY
REVENUE: $1.555 billion s (2013: $810 million)
MARKETS SERVED
Marine and container Automotive coatings
Automotive refinish General industrial coatings
Decorative coatings Powder coatings
orea Chemical Co., Ltd. is the largest paint producer in

South Korea. The company is involved in the production
of paints for automobiles, ships, containers, construction
and industrial use. It also manufactures PVC material for flooring
and paint sealant.
Paint for the marine market is the largest segment and accounted
for 25 percent of sales. Automotive OEM sales amounted to 17 percent of sales; decorative coatings accounted for 15 percent; general
industrial six percent; powder coatings six percent; auto refinish
four percent; and the remainder of sales is not detailed.
One of the companys key products is Firemask SQ-1350, a fire
resistant paint that has won certification from the Korea Institute of
Construction Technology for offering one-hour fire resistance, with
a minimum coating thickness of 0.7 mm.
19
KEY EXECUTIVES
Mong Jin Chung, chairman; Mong Ik Chung, CEO; Yoo
Sungki, executive director.
KCC recently held a signing ceremony at the Asan Foundation

located in Seoul for repainting work to improve the environment
and scenery of Asan Medical Centers nationwide. Through this
agreement, KCC will support 1.2 billion won in painting work for
Asan Medical Centers located in seven regions. The paints used are
not only environmentally friendly paints such as SUPRO Multimel
Gold and SUPRO Well-being but also other various functional
paints, which include waterproofing materials like Sporthane.
KCC is making efforts to cultivate a mutually beneficial ecosystem with the community by providing community services based on
the companys own technology. KCC plans to continue practical
exchange with the society through customized supporting activities
in various methods.
DAW (Deutsch
AmphibolinWerke)
Ober-Ramstadt, Germany
www.caparol.de
PRIVATE COMPANY
REVENUE: $1 billion (2013: $1.3 billion)
MARKETS SERVED
he parent company of the Caparol Group is the Deutsche

Amphibolin-Werke von Robert Murjahn Stiftung & Co KG
(DAW). DAW was founded in 1895 and today employs
4,500 workers. DAW is the leading German decorative paint manufacturer with sales of approximately $1.3 billion, all in the decorative coatings segment.
The Caparol brand is the leading brand within the DAW
Group. The marketing activities are subdivided into six strategic business units. In the professional business unit high quality
paints, enamels, glazes, chemical building products and materials
for facades and insulation technology are marketed under the
brands Caparol, Alligator and Alsecco for professional users. The
product range of the brand Alpina, which is active in the DIY
KEY EXECUTIVE
Ralf Murjahn, CEO.
business unit, is mainly composed of environmentally friendly,

non-noxious, easily worked and high quality decorative paints,
enamels and glazes and is aimed at the end-user. The wholesale
business unit comprises an extensive range of services for the
professional paint wholesalers provided by the company Caparol
Marketing Service (CMS). The industrial business unit is supported by the company Caparol Industrial Solutions whose products and services are exclusively orientated to the requirements of
industrial customers. Lastly, the Nerchau decorating and artists
paints is located in Saxony and produces high quality paints for
educational, hobby and artistic requirements.
66-67 18KCC-19Shawcor 0715.indd 66
July 2015
7/7/15 9:32 AM
2015
Top Companies
Shawcor
Toronto, Ontario, Canada
www.shawcor.com
PUBLIC COMPANY
REVENUE: $1 billion (2013: $1 billion)
MARKETS SERVED
Pipe coatings
he pipe coating division of ShawCor Ltd., Bredero Shaw,

is the worlds largest pipe coatings manufacturer. Bredero
Shaw is the global leader in pipe coating solutions for the
oil, gas and water industries, offering a wide range of coating solutions, including anti-corrosion protection, thermal insulation,
negative buoyancy, mechanical protection and internal flow efficiency coatings.
ShawCor Ltd.s Bredero Shaw pipe coating division recently received a second contract with a value of approximately $200 million from BP Exploration (Shah Deniz) Limited for pipeline coating
for the Shah Deniz Stage 2 development project. The contract is
scheduled to be executed at the Caspian Pipe Coatings (CPC) plant
in Baku. The contract awarded involves the application of anti-corrosion and concrete weight coatings, and upgrades to the CPC plant
EMImills
PILOT MILLS
For laboratory
scale up & small
batch production.
19
KEY EXECUTIVES
V.L. Shaw, chair of the board; W.P. Buckley, president and
CEO; J.D. Tikkanen, Bredero Shaw.
in Baku to enable the facility to meet the projects requirements

for anti-corrosion and concrete weight coating. Coating is expected
to commence in 2015 with completion planned for October 2015.
Together with the previously awarded contracts relating to the Shah
Deniz Stage 2 and the related South Caucasus Pipeline projects,
Bredero Shaw has now secured contracts totaling more than $500
million on these projects.
Bredero Shaw has received notification from Europipe GmbH
that the suspension of the work on its contract with Europipe for the
concrete weight coating of Line 1 of the South Stream Pipeline has
been lifted with immediate effect. In December 2014, ShawCor Ltd.
had announced the suspension of the majority of the work on its
South Stream Pipeline contracts with Europipe and with Marubeni
Sumitomo Consortium and with Saipem SpA.
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Grayslake, Illinois 60030 USA
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Fax: 847-548-0099
E-mail: sales@EMImills.COM
WWW.EMImills.COM
Untitled-6 1
66-67 18KCC-19Shawcor 0715.indd 67
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7/7/15 9:32 AM
Top Companies
21
2015
Materis Paints S.A.S.

Clichy, France
materis-paints.com
PRIVATE COMPANY
REVENUE: $900,000 million
KEY EXECUTIVES
Olivier Legrain, Materis chairman; Bertrand
Dumazy, CEO.
22
DuluxGroup Ltd.
Clayton, Victoria,
Australia
duluxgroup.com.au
PUBLIC COMPANY
REVENUE: $887 million
MARKETS SERVED
MARKETS SERVED
ateris Paints SAS is a manufacturer of construction materials including decorative and industrial paints for the
professional and consumer markets. Materis has four
businesses: admixtures (Chryso), aluminates (Kerneos), mortars
(Parex Group) and paints (Materis Paints). The business is a unit of
Materis SA, which is 76 percent owned by French investment firm
Wendel. Materis Paints is Europes fourth-largest manufacturer
of decorative paint and manufactures, sells and distributes a wide
range of decorative paint and technical products to professionals
and consumers. 66 percent of its activity is in France, 28 percent in
the rest of Europe and eight percent in emerging economies. Materis
Paints has strong local brands in the top three of each of its markets
(Tollens and Zolpan in France, Robbialac in Portugal, Max Meyer
in Italy, Colorin in Argentina, and Claessens in Switzerland).
23
Chugoku Marine
Paints
Tokyo, Japan
www.cmp.co.jp
PUBLIC COMPANY
REVENUE: $862.807 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 $862.807 million for 2014. The company
was established in 1917 and is headquartered in Tokyo, Japan. The
company offers paints for large vessels, pleasure boats and yachts,
marine containers, fishing boats, and fishnets; protective paints for
anti-corrosive protection; paints for building materials and woodworking; functional paints; heavy duty paints; paints for plastics;
and caulking material for railways. It is also involved in the sale
of painting related equipment; management and contract work for
coating; inspection of surface treatment and coating; and other activities.
KEY EXECUTIVES
Peter Kirby, chairman; Patrick Houlihan,
managing director and CEO; Stuart Bloxer,
executive director.
uluxGroup consists of Paints Australia, Australias leading manufacturer of premium branded decorative paints,
texture, protective and wood care coatings products; Paints
New Zealand, New Zealands leading manufacturer of premium
branded decorative paints, texture, protective and wood care coatings products; Selleys Yates, which is Australia and New Zealands
leading manufacturer of home improvement and garden care products; and Offshore and Other segments which comprises Australia
and New Zealands leading manufacturer of powder and industrial
coatings. DuluxGroup announced two supply chain investments:
the construction of a new state-of-the-art factory in Melbourne to
make water-based decorative paints and the establishment of a new,
purpose-built distribution centre in Sydney, replacing two existing
distribution centers.
24
Berger Paints
India Ltd.
Kolkata, India
www.bergerpaints.com
PUBLIC COMPANY
MARKETS SERVED
Decorative coatings Automotive
coatings Industrial coatings
KEY EXECUTIVES
Abhijit Roy, managing director; Srijit
Dasgupta, director finance and CFO;
Aniruddha Sen, senior VP and company
secretary; Tapan Dhar, senior general
manager.
erger Paints India Limited was founded in 1923 and is a

leader in the Indian paints market. The company manufactures and markets a range of decorative and industrial paint
products and has operations throughout India with seven manufacturing facilities, more than 135 depots, approximately 3,000 employees and more than 15,000 dealers.
The company recently announced plans to open a plant in the
Russian town of Nevinnomysk in the Stavropol region. News outlets have reported that Berger officials are finalizing a site for the
factory at Nevinnomysk, for which four to six hectares of land are
required. The company plans to invest at least $5 million in the
project and create approximately 50 jobs.
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July 2015
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Benjamin Moore
Montvale,
New Jersey/USA
benjaminmoore.com
PRIVATE COMPANY
MARKETS SERVED
Architectural coatings Wood coatings
KEY EXECUTIVES
Michael Searles, chief executive officer;
Donald E. Devine, chief financial officer and
vice president - Finance; Ron Schuller chief
marketing officer and senior vice president;
Michael A. Bonner, vice president - Technology.
enjamin Moore, a subsidiary of Bershire Hathawa, currently

employs 2,200 people. Nine-five percent of its sales are in the
architectural/decorative paint segment and five percent comes
from general industrial and industrial maintenance.
Angies List recently announced its first exclusive paint manufacturer relationship with Benjamin Moore. The alliance identifies
Benjamin Moore as the paint of choice by Angies List and provides
members with contractor services through its private marketplace.
Angies List members will have access to best-in-class products and
services while helping Benjamin Moore contractors strengthen and
build their businesses with a professional and co-branded certification program.
25
Top Companies
SK Kaken
Ibaraki-City, Japan
www.sk-kaken.co.jp
PUBLIC COMPANY
MARKETS SERVED
Specialty coatings Textured coatings
Architectural paints Industrial coatings
Floor and roof coatings Fire retardant

and heat insulating coatings
KEY EXECUTIVES
Minoru Fujii, president; Masahide
Sakamoto, senior managing director;
Mitsuhiro Fujii, executive director.
K Kaken Co., Ltd. is a Japan-based company mainly engaged

in the manufacture and sale of architectural coatings and insulating refractory materials. The company operates in three
business segments. The Architectural Coatings segment is engaged
in the manufacture and sale of organic and inorganic aqueous coatings, synthetic resin coatings, inorganic coatings and inorganic
building materials. The Insulating Refractory Materials segment is
engaged in the manufacture and sale of heat insulation materials,
fire-retardant and insulating coatings, as well as fireproof paints.
The company had 14 subsidiaries. The company has approximately
1,782 employees. SK Kaken was founded in 1955 and is headquartered in Ibaraki-City, Japan.
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68-69 21Materis-26SKKaken 0715.indd 69
Coatings World | 69
7/7/15 9:46 AM
Top Companies
27
2015
Pintuco
Medelln, Colombia
www.pintuco.com
PRIVATE COMPANY
MARKETS SERVED
Decorative paints Industrial coatings
Specialty coatings Auto refinish coatings
Powder coatings
KEY EXECUTIVES
Jean Jacques Thiriez, corporate VP & general
manager; Mauricio Gomez marketing director,
decorative paints; Antonio Vasconcellos,
marketing director, performance coatings;
Diego Florian, marketing director, construction
coatings and additives; Carolina Quintero,
technical director.
intucos is a member of the Orbis Group, a multinational

holding with paints, chemicals, pipes and trade business. Pintuco has approximately 2,500 empolyees. In 2012 Pintuco
acquired Kativo, the leading paint company in Central America,
thus consolidating its presence in 11 countries in Latin America.
Pintuco is the companys main brand, other brands include Protecto, VP, Terinsa, ICO and the Glidden brand under license from
PPG. The company most recently launched Viniltex Antihumedad, a
complete portfolio for construction, mortarts, sealants, silicones and
waterproofing. 73.3 perent of its sales are from decorative coatings,
general industrial is 8.6 percent, 10.7 percent for specialty coatings,
28
AB Wilh. Becker
Hoganas, Sweden
beckers-group.com
PRIVATE COMPANY
MARKETS SERVED
Industrial coatings Coil coatings
Consumer design finishes

KEY EXECUTIVES
Boris Gorella, CEO; Karsten Eller, COO,
Olivier Laune, CFO, Bernd Vogel, CTO.
eckers Group is a privately-owned, global industrial coatings

company with Swedish roots, providing quality products and
services across many manufacturing sectors. The operations
currently span five continents, in some 18 countries and 22 sites with
a team of approximately 1,800 employees. Beckers began as a retail paint shop in Stockholm, Sweden. Over the years, through organic growth and critical acquisitions, Beckers has become a leading
manufacturer of industrial coatings. The international organizational
structure enables the company to coordinate globally, ensure universal product standards, and secure economies of scale. At the local
level, each site has a production unit, an R&D lab, and a commercial division. This blend of global and local in both management and
market presence gives Beckers the ability to offer innovative products,
partnership opportunities, and personalized services to the customers.
28
PUBLIC COMPANY
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.
ikkurila 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 3,142
employees. Tikkurila reported $750 million in revenue for 2014.
30
Pidilite Industries
Limited
Mumbai, India
www.pidilite.com
PUBLIC COMPANY
coatings Specialty coatings

KEY EXECUTIVES
M. B. Parekh, chairman.
MARKETS SERVED
Adhesives and sealants Construction
ince its inception in 1959, Pidilite Industries Limited has been

a pioneer in consumer and specialty chemicals in India. Over
two-third of the companys sales come from products and segments it has pioneered in India.
The companys product range includes adhesives and sealants,
construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic
pigments and preparations. Most of the products have been developed through strong in-house R&D, the company reported.
70-71 27Pintuco-34Looser 0715.indd 70
Tikkurila Oyi
Vantaa, Finland
www.tikkurila.com
July 2015
7/7/15 10:04 AM
2015
31
Dai Nippon Toryo

Osaka, Japan
www.dnt.co.jp
PUBLIC COMPANY
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.
ai Nippon Toryo Co., Ltd. operates in the paint industry

primarily in Japan. The company offers various coating
products, which include heavy duty, industrial, automobile, refinishing, marine, home use paints, plastics and powder. The
company also provides machines and equipment for paints manufacturing and coating applications. In addition, it offers its products in various fields, including electrical home appliances, housing,
automobiles and information-related equipment, as well as for
infrastructures, including high-rise buildings and largescale bridge
construction. Dai Nippon Toryo Co., Ltd. was founded in 1929 and
is headquartered in Osaka, Japan. The company currently employs
33
Carpoly Chemical
Group
Jiangmen, China
www.carpoly.com
PRIVATE COMPANY
MARKETS SERVED
Architectural and industrial
KEY EXECUTIVES
Donghang Qiu, chairman and president;
Shuchao CAO,vice president; Xiaobo Lu, vice
chairman of the board and group general
manager; Changhuai Zhou, marketing
director; Daimin Wang, technical director.
n 2014, Carpolys sales were $533 million, an increase of nine

percent. Carpoly offers products and services to the furniture
and decorative paints market. The company has 2,700 employees, six production facilities located in Guangdong, Shanghai, Sichuan and Hebei, approximately 2,400 direct distributors and more
than 16,000 points of sales throughout China. According to Changhuai Zhou, marketing director 2014, the Chinese paint industry
was still facing challenge and opportunity. The low concentration
of industry and homogenization of the competition didnt improve
effectively, which led to low porfit margin of enterprises. With the
rise of emerging industries, the coating industry will have broad
market prospects, and the mature competition in the market will
increase the industrial concentration.
32
Fujikura Kasei
Co. Ltd.
Tokyo, Japan
www.fkkasei.co.jp
PUBLIC COMPANY
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.
34
Looser Holding
AG
Arbon, Switzerland
looserholding.ch
PUBLIC COMPANY
MARKETS SERVED
Architectural coatings Industrial
coatings Automotive OEM Auto
refinish Wood coatings Non-stick

coatings Packaging coatings
KEY EXECUTIVES
Thomas Lozser, CEO; Pascal Rentzmann,
group controller.
he Coatings Group of Arbon, Switzerland-based Looser

Holding AG in 2014 recorded sales of $523 million, the
majority of which came from sales of wood coatings, which
represents 54 percent of total coatings revenue. The approximate
percent of sales for the other segments include: packaging coatings
18 percent; non-stick/low-friction coatings 16 percent; and industrial coatings 12 percent. The Coatings Division is home to the Treffert Group, Feyco Group, ILAG Group, Schekolin AG and Feycolor
Group who make coating for wood, plastic, metal, stone and glass
for industrial and commercial use. These companies operations are
spread throughout Switzerland, Germany, Austria, the rest of Europe, China, South East Asia and the U.S. The Coatings Division
employs 600 personnel at its nine production facilities.
70-71 27Pintuco-34Looser 0715.indd 71
Top Companies
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7/7/15 10:04 AM
Top Companies
35
2015
National Paints
Factories Co.
Dubai, United Arab Emirates
national-paints.com
PRIVATE COMPANY
MARKETS SERVED
Protective/Marine coatings Automotive
coatings Wood finishes
KEY EXECUTIVES
Michael Faeq Sayegh, chairman, NP Group;
Ibrahim Faeq Sayegh, vice chairman NP Group;
Samar Saleem Sayegh, managing director NP
Group; Faeq Michael Sayegh, board member;
Georgios Terzakis, GM NP Group Commercial.
ational Paints, the mother company of Sayegh Group,

ranks number one in the Middle East and Arab world
in both sales and production The company owns fourteen paint factories and three resin plants worldwide and originally
started in Jordan then United Arab Emirates. The factory in Sharjah
specializes in paints production of all kinds. Other similar factories
were established in Qatar, Sudan, Palestine, Kyrgyzstan, Kazakhstan, Oman, Romania and Egypt. In addition to several showrooms
in Syria and Lebanon, National Paints also exports to over 60 countries worldwide. Architectural/decorative comprises 35.4 percent of
sales, general industrial 44.4 percent, marine/yacht 1.3 percent, auto
refinish 3.75 percent, powder 3.7 percent, wood finishes 10.8 percent and PVC 0.65 percent.
37
Noroo Paint Co. Ltd.

Anyang-Si, South Korea
www.noroo.co.kr
PUBLIC COMPANY
MARKETS SERVED
coatings Automotive refinishes
KEY EXECUTIVES
Soo-Kyoung Kim, CEO
oroo Paint Co., Ltd. engages in the manufacture and sale

of paints and coatings worldwide. Its products include
architectural coatings, which comprise natural paint,
general coatings, functional coatings and Decopia; waterproof and
floor coatings; decorative coatings, such as lacquers, polyurethane
paints, cracking paints and wood stain; primer and topcoat heavy
duty coatings; and industrial coatings, including metal coatings and
pattern finishes. The company also offers coating equipment; and
coatings for auto refinishes and plastic finishes, as well as coil coatings. The company was founded in 2006 and employs 650 people.
Architectural coatings account for 43.5 percent of sales while industrial coatings make up 24.5 percent, automotive refinishes 14.2
percent and others comprising 17.8 percent.
36
PUBLIC COMPANY
REVENUE: $499
MARKETS SERVED
Architectural Coatings Waterproof &
Floor Coatings Industrial Coatings
Powder Coatings Car Refinishes

KEY EXECUTIVES
J.S. Oh, executive representative; K. B.
Ryu, factory director; I. S. You, PCM
division director; S. J. Kim, chief of
development center.
amhwa Paints Industry achieved a record revenue of about

$499 million in sales and $33 million in operating profit last
year. Samhwa is investing around four to fiver percent of revenue in R&D with spending also increased year by year. Through this
constant R&D investment, innovative products are being developed,
such as high functional architectural premium paints The Classy and
Sketch Paints. Its most successful achievements in the last year is
the complete the framework of a world-class safety culture. Sung
Huh, COO, who took office early last year, said the company has
achieved zero accidents through compliance with the Safety Process.
A behavior-oriented safety culture was built to expand the activity
with the basic safety campaign such as guiding and observing safety
rules and wearing protective gear.
38
Lord Corporation
Cary, North Carolina
USA
www.lord.com
PRIVATE COMPANY
MARKETS SERVED
Automotive aftermarket adhesives
Industrial metal bonding adhesives
Corrosion control coatings High

performance/heat reflective coatings
KEY EXECUTIVES
Ed Auslander, president and CEO; Will C,
Hinkston, VP, global operations development;
Tesa L. Oechsle, CFO and treasurer.
ord Corp. produces and sells general purpose and specialty

adhesives and coatings. Lord Fusor aftermarket adhesives are
used to return vehicles to pre-accident condition and include
adhesives for bonding, metals and plastics, seam sealers and acoustical foams. Lords industrial metal bonding adhesives can replace
welds, rivets, screws, tape and other traditional fastening methods.
Lord also has a line of elastomer bonding formulations that can accommodate commercially available elastomers, diverse metals and
rigid plastic substrates. Lord manufacturers corrosion control coatings,the MetalJacket line of coatings that protects substrates against
corrosion and improves bonding properties. Lord also offers heat
reflective coatings. Lord has 16 manufacturing facilities, eight R&D
centers and 90 sales and support centers worldwide.
72-73 35National-42Helios 0715.indd 72
Samhwa Paints
Industrial
Gyeonggi-do, Korea
www.spi.co.kr
July 2015
7/7/15 10:13 AM
2015
39
Betek Boya San. ve

Tic. AS
Istanbul, Turkey
www.betek.com.tr
PRIVATE COMPANY
MARKETS SERVED
Architectural coatings Adhesives
Industrial coatings
Thermal insulation Wood coatings

KEY EXECUTIVES
Gozde Akpinar , chairman of the board;
Tayfun Kucukoglu, board member and
GM; finance; Mert Erdog, VP supply chain.
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. Betek
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. Betek has been adopting environmental protection and health standards of European Community
since 1993 for all the products manufactured.
41
Nihon Toksuhu
Toryo Co. Ltd.
Tokyo, Japan
www.nttoryo.co.jp
PUBLIC COMPANY
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.
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 has approximately 530 employees.
40
Ennis-Flint
Dallas, Texas/USA
www.ennistraffic.com
PRIVATE COMPANY
MARKETS SERVED
Traffic marking paint
KEY EXECUTIVES
Bryce Anderson, chairman; Steve Vetter,
chief executive officer, John Midea,
president and Matt Soule, chief financial
officer.
nnis-Flint manufactures and distributes pavement-marking

materials. It offers traffic paints; hot-applied thermoplastics,
such as alkyd thermoplastics and hydrocarbon thermoplastics; raised pavement markers; plural components; crosswalks and
traffic calming solutions; green bike lane treatments; and detectable
warning products. The company also offers preformed thermoplastic pavement markings that are used for transverse markings, such
as crosswalks, legends, arrows, symbols, interstate shields and more.
Ennis-Flint acquired the Australian colored surfacing specialists,
TCP. With operating facilities in Melbourne and Brisbane, TCP has
been a cornerstone of the Australian colored surfacing market for
more than 35 years.The company also entered into a formal strategic partnership with Quest Construction Products, Inc., a manufacturer and supplier of specialty coatings.
42
Helios
Domzale, Slovenia
www.helios.si
PUBLIC COMPANY
MARKETS SERVED
Decorative coatings Car refinishes
Metal coatings
KEY EXECUTIVES
Uros Slavinec, president; Marko Vresk, vice
president; Branko Pas, vice president.
elios Group is the leading manufacturer of coatings in

South Eastern Europe with approximately 3,000 employees in more than thirty companies in fourteen countries.
Helios Group recently made three major investments: a car refinishing coatings center and production plant for water-based coatings,
and a center for metal coatings. The production plant for waterbased coatings comprises 3.500 square meters of net usable areas
and consists of technological part with mixing plant, grain room,
manufacture and filling room. The center for metal coatings, valued
at 2.5 million is located in Preska at Medvode on 1.270 square
meters of net usable areas. Two of Helioss production locations for
metal coatings are included in it, as well as the development, sales
and technical service.
72-73 35National-42Helios 0715.indd 73
Top Companies
Coatings World | 73
7/7/15 10:13 AM
Top Companies
43
2015
Shanghai Coatings
Shanghai, China
www.chinascc.com
PRIVATE COMPANY
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.
hanghai Coatings Co. Ltd (SCC) has 90 years of history since

its predecessor Kai Lin Paint Plant, the first Chinese paint plant,
was established in 1915. The company owns 13 manufacturing
subsidiaries, two research institutes and six joint ventures ranging
from coatings, dyes, pigments, auxiliary agents and fine chemicals.
Shanghai Coatings has ranked in the top 500 in sales among Shanghai industrial companies for five years straight and is one of the top
10 enterprises in terms of results in the Chinese coatings industry.
SCC also boasts Chinas first coatings brandWinged Tiger coil
coatings. The company also manufactures paint under the Yanjing
brand. SCC paints are widely used throughout Chinas industrial
and civil fields. Some customers industrial customers include Volkswagen, General Motors Buick, Metro lines, maglev train, Baosteel
and Three Gorges.
45
Kunsul Chemical
Industrial Co. Ltd.
Pusan, South Korea
www.jebi.co.kr
PUBLIC COMPANY
MARKETS SERVED
Decorative coatings Industrial coatings
Marine and protective coatings Automotive
KEY EXECUTIVES
Ki-suk Woo, chairman and CEO; Gyeong
Tai Shin, president; Managing directors:
Sang Kun Lee; Jae Hui Kim; Dong Hyeon
Cho; Seung Hwan Shin.
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.
43
PUBLIC COMPANY
KEY EXECUTIVES
Yumiko Fukui, president and CEO; Kiyoshi
Abe, senior managing director; Tokushichi
Kidokoro, 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.
46
Teknos Group Oy
Helsinki, Finland
www.teknos.com
PRIVATE COMPANY
MARKETS SERVED
Industrial coatings
KEY EXECUTIVES
Paula Salastie, CEO; Pekka Rantamki,
acquisitons and corporate planning; 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).
74-75 43Shanghai-50KellyMoore 0715.indd 74
Musashi Paint Co.

Ltd.
Tokyo, Japan
www.musashipaint.com
July 2015
7/7/15 10:16 AM
2015
47
Origin Electric
Tokyo, Japan
www.origin.co.jp
PUBLIC COMPANY
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.
49
TOA Group
Bangkok, Thailand
www.toagroup.com
PRIVATE COMPANY
MARKETS SERVED
Architectural coatings Marine and
protective coatings Wood 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.
48
Dunn Edwards
Los Angeles,
California USA
www.dunnedwards.com
PRIVATE COMPANY
REVENUE: $300 million *(estimate)
MARKETS SERVED
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.
unn-Edwards, founded in 1925, operates more than 110

stores in five western states: California, Arizona, New
Mexico, Nevada and Texas. It supplies architectural and
industrial coatings, providing a complete line of paints and professional painting supplies to architects, designers, painting contractors, homebuilders and property managers in the Southwest; it also
serves DIYers although professionals account for a majority of sales.
Dunn-Edwards recently introduced Enduralastic 10 ultra-premium
elastomeric wall coating. New Enduralastic 10 is formulated with
100 percent acrylic technology, which provides superior durability
and flexibility of the coating. The product is low odor, has excellent
application properties, and is available in tint bases, which allow the
product to be mixed into light, medium, and dark colors.
50
Kelly-Moore
San Carlos,
California USA
www.kellymoore.com
PRIVATE COMPANY
MARKETS SERVED
coatings Decorative
KEY EXECUTIVES
Steve DeVoe, president and CEO; Roy
George, executive VP and CFO; Dan
Claybaugh vice president of marketing
and business development; Jim Alberts,
VP sales.
elly-Moore Paints is a leading premium paint manufacturer

and retailer located in the western U.S. The company was
founded in San Carlos, California in 1946 by William Kelly
and William Moore. Kelly-Moore had sales of $284.8 million in
2014.
The company has more than 145 stores located throughout the
western U.S. in California, Washington, Oregon, Arkansas, Texas,
Oklahoma and Nevada. San Carlos and Hurst, Texas are home to
its manufacturing plants. In March of 2015, Kelly-Moore Paints
released, DuraPoxy Matte Finish 1600, a super-premium interior
matte finish with superior stain release, hide and ease of application.
DuraPoxy is designed for the professional painter and performs to
the standards of the property owner.
74-75 43Shanghai-50KellyMoore 0715.indd 75
Top Companies
Coatings World | 75
7/7/15 10:16 AM
Top Companies
51
2015
Tiger Coatings
GmbH & Co. KG
Wels, Austria
www.tiger-coatings.com
PRIVATE COMPANY
MARKETS SERVED
Powder coatings
KEY EXECUTIVES
Kurt Berghofer, CEO; Clemens Steiner,
CEO; Reinhold Freiseisen, CFO; Elisabeth
Berghofer, chair superivisory board;
Christian Ebenberger, marketing director;
Carsten Herzhoff, technical director.
iger Coatings produces powder coatings for industrial applications and 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 TigerTogital 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, China,
Canada, Mexico, the U.S. and Vietnam. The company has 1,130
employees.
53
CIN Corporao
Industrial do Norte, SA
Maia, Portugal
www.cincoatings.com
PRIVATE COMPANY
MARKETS SERVED
coatings Protective coatings
KEY EXECUTIVES
Joo Serrenho, chairman and CEO; ngelo
Machado, board member; Fernando Jorge
Ferreira, CFO.
IN (Corporao Industrial do Norte S.A.) is a Portuguese

privately owned paint and coatings company, established
in 1926, acting through subsidiaries in Portugal, Spain,
France, Angola, Mozambique, Mexico and South Africa and looking to extend its activities to other countries in Europe, Africa and
South America. The company reported revenue of $270 million for
2014. Architectural/decorative coatings comprised 56 percent of
sales, industrial (including powder) comprised 32 percent and protective coatings comprised 11 percent. The company most recently
launched Inspira Zero COV a water-based Zero VOC interior
paint available in white as well as thousands of colors.
52
PUBLIC COMPANY
MARKETS SERVED
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.
54
Yasar
Yasar Izmir, Turkey
www.dyo.com.tr
PRIVATE COMPANY
MARKETS SERVED
Decorative paints Construction paints
Industrial paints Furniture paints
Automotive paints Marine paints

KEY EXECUTIVES
Mehmet Aktas, Yasar Holdings Paint
Group CEO; Ahmet Yigitbas, president
DYO Boya.
asar Coatings Group is of the leading paint producers in

Turkey. Consisting of five companies led by Dyo Boya, it
serves the market with 1,000 different products. Under the
brand names Dyo and Dewilux, Yasar Coatings Group employs approximately 1,100 people and exports its products to 40 countries.
The groups export markets are located primarily in Central Asia,
the Middle East, Europe and Russia. Investments for 2014 include
Dyo Powder Coatings Facility and Dyo Africa LLC. The powder
coatings facility is located in Turgutlu Organized Industrial Zone
and will have an initial capacity of six tons. Dyo Africa was founded
in Cairo, Eqypt to handle the production marketing and sales in the
construction, automotive and furniture segments in the Africa and
Middle East Markets.
76-77 51Tiger-56Taiho 0715.indd 76
Flugger Group
Scandanavia
www.flugger.com
July 2015
7/7/15 11:36 AM
2015
55
JW Ostendorf
Coesfeld, Germany
www.jwo.com
PRIVATE COMPANY
MARKETS SERVED
Decorative coatings
KEY EXECUTIVES
Michael Ostendorf, chairman and CEO; Jan
Ostendorf, managing director sales and
marketing; Jens Ostendorf , CEO of JWO
Group company Renaulac.
stendorf GmbH & Co. KG (JWO) has been producing

paints, varnishes, lacquers and enamels since 1948 for a
variety of applications. It has its affiliates in Great Britain,
Poland, Austria, Czech Republic, Switzerland, France and Hungary.
It has a production capacity of more than 500 million liters per year
and a staff of 800. It operates an integrated production and logistics
facility at its headquarters in Coesfeld where it produces paints,
trim and stains in one of Europes most modern paint factories. The
company is the only paint manufacturer in Europe with hygiene
certification (TV Germany), and the production processes emit up
to 80 percent less CO2 compared with the paint-industry standard.
56
Taiho Paint
Dongguan, China
www.taihopaint.com
PRIVATE COMPANY
MARKETS SERVED
Wood Paints Industrial Paints
Decorative Paints
KEY EXECUTIVES
Chen Ho Sheng, chairman; Chen Chun Hua,
general manager; Tochaiki Ogasawara,
president; Huang Jung Chi, chief of facility officer;
Chang Cheng Hsien, vice general manager;
Huang Chien Hua, vice general manager.
aiho Paint is a coating company focused on scientific research, production, sales and service. It covers the wood
coatings, metal coatings, plastic coatings, architectural coatings and related markets, supporting a variety of chemical products,
such as colorants, diluents series and resin. In 2014, Taiho Paint
earned 14 items of authorized invention patents in UV coatings,
waterborne wood coatings and polyurethane coatings. The products have been recognized as cognizance of high-tech products by
China. The company heavily invested to set up its global automatic
production lines, experimental unit, testing equipment, and a high
standard of technology research and development center. Furthermore, it is actively working to be a strategic partner with the worlds
top chemical raw materials supplier.
76-77 51Tiger-56Taiho 0715.indd 77
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2015
Shinto
Amagasaki, Japan
www.shintopaint.co.jp
PUBLIC COMPANY
MARKETS SERVED
Automotive coatings Industrial
coatings Automotive
KEY EXECUTIVES
Ryuhei Tamamura, president; Sumio
Hashimoto, executive sr managing
director.
hinto Paint Co., Ltd. engages in the manufacture, processing

and sale of paints, adhesives, pigments, synthetic fats/oils, fats/
oils, and chemicals in Japan. In addition, the company designs,
implements, and supervises painting work and other various construction work, as well as related technical supervision. Further,
it engages in contracting of installation work for painting facilities; and related machinery equipment, tools, and devices, as well
as design and supervision of such installation work. The company
provides maintenance coatings for protection against rust and corrosion to nuclear power stations, chemical plants, petroleum refinery
plants, water and sewage treatment plants, and paper mills, as well
as large-sized steel structures, such as ships, drilling rigs, offshore
platforms, and other ocean development plants. Shinto Paint Co.
was founded in 1901 and is headquartered in Amagasaki, Japan.
59
Pacific Paint Boysen

Quezon City,
Phillippines
boysenpaints.com.ph
PRIVATE COMPANY
MARKETS SERVED
Marine coatings
KEY EXECUTIVES
Willy Ong, president; Johnson Ongking,
vice president; Ruben Cueto, marketing
manager; Romy Bautista, technical
services manager; Catherine Ramirez,
technical director.
alter Neal Boysen founded Boysen Paints in Oakland,

CA in 1926. After expanding the brand across the U.S.,
Boysen Paints was introduced to Asia in the 1960s. It
has given Pacific Paints the license to manufacture its premium paint
products. The growing market share in Asia and the Pacific, especially in the Philippine market, necessitated the creation of a fully
integrated state-of-the-art manufacturing facility in Cavite, Philippines, said to be the most modern paint factory in Southeast Asia.
In 2011, Atlantic Coatings, Inc. (ACI), contract manufacturer of Pacific Paint (Boysen) Philippines Inc., the leading architectural paint
company in the country, further strengthened its green credentials
with two environmental awards.
58
PUBLIC COMPANY
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 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. Responding
to movements aiming to reduce levels of VOCs in paint products,
Rock Paint set out early to develop waterborne automotive refinish paints. The company introduced New HIROCK series, which
is for commercial vehicle. In order to meet the market requirement
to reduce levels of VOCs, Rock Paint has continuously developed
waterborne Automotive Refinish Paints, which is new generation
NEO WATERWASE. The company established a new plant in
Indonesia in 2013, where it is manufacturing adhesives and paints.
60
Tambour
Nethanya, Israel
tambourpaints.com
PUBLIC COMPANY
MARKETS SERVED
coatings Powder coatings
KEY EXECUTIVES
Michael Dayan, CEO; Micha Scharir, VP
and financial director; Ronen Kayzerman,
international marketing director.
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.
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Rock Paint
Osaka, Japan
www.rockpaint.co.jp
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Grebe Group
Weilburg, Germany
www.grebe.com
PRIVATE COMPANY
MARKETS SERVED
Industrial coatings
OEM coatings (non-automotive)
KEY EXECUTIVES
Helmut Tappe, CEO Grebe Group; Dr.
Manfred Becker, management board;
Frank Glaser, management board; Tim
Rand, Weilburger Coatings; Uwe Diener,
marketing director.
oatings World estimated that The Grebe Group recorded

sales of approximately $190 million in 2014. Industrial
coatings accounted for 40 percent of sales, non-automotive
OEM applications accounted for 40 percent and rail and defense
applications accounted for 20 percent. For household articles the
firm offers Greblon non-stick coatings and decorative, temperatureresistant coatings. For the stove industry it offers high-temperature
resistant coatings. For general industry applications Grebe offers
coating systems for metals, plastics and glass in applications such
as sewage pipes, household appliances, rail vehicles, mobile phones
and defense technology. The group operates facilities in Germany,
UK, Italy, Poland, China, Hong Kong Indonesia, India and Japan.
63
Tohpe
Sakai City, Japan
www.tohpe.co.jp
PUBLIC COMPANY
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.
62
Kapci Coatings
Port Said, Eqypt
www.kapci.com
PRIVATE COMPANY
MARKETS SERVED
Automotive refinish Decorative paints
Wood finishes Resins
KEY EXECUTIVES
Mohamed Mohamed Ahmed El-Sayed,
CEO; Amr Mohamed El-Sayed, commercial
director; Lotfy Hassan El-Badrawy, R&D
director.
he company was founded in 1985 under the name Kantara

Paints and Chemical Industries specializing in car refinish
paints. In 2002 the company opened its current headquarters located in Port Said and changed its name to Kapci Coatings.
In 2014 Kapci generated revenue of $189 milliion. Car refinishes
accounted for 52 percent of sales; architectural and decorative coatings 32 percent; and wood finishes accounted for the remaining percentages. Kapci Coatings production facility is located on 210,000
square meters of space where the company has an annual production capacity of roughly 80,000 tons. Kapci Coatings is currently
exporting its paint products to more than 42 countries around the
world. It has four branches in China, India, Brazil and the UAE.
Kapci recently launched Kapci Dima, a waterborne coating.
64
Ace Paint
Oakbrook, Illinois USA
www.acehardware.com
PUBLIC COMPANY
KEY EXECUTIVES
John Venhuizen, president and CEO;
William Guzik, CFO.
MARKETS SERVED
or its first 50 years in business, Ace was privately held. In

1976, Ace became a retailer-owned cooperative. Each store
is independently owned and operated by local entrepreneurs.
Today, Ace is the largest retailer-owned cooperative in the hardware industry in terms of wholesale and retail sales and strength
of the brand. Aces 4,600 stores in all 50 states and more than 60
countries generate annual retail sales of approximately $12 billion.
Headquartered in Oak Brook, IL, Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China. Ace employs
approximately 4,500 corporate team members worldwide and has
four regional offices, located in Raleigh, NC; Atlanta, GA; Denver,
CO; and Woodridge, Illinois. The Ace Paint division generated sales
of approximately $175 million in 2014.
78-79 57Shinto-64Ace.indd 79
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66
Kikusui Chemical
Nagoya, Japan
www.kikusui-chem.jp
PUBLIC COMPANY
MARKETS SERVED
KEY EXECUTIVES
Hitoshi Yamaguchi, president; Akiyoshi
Nakagami, managing director; Hiroyuki
Imaida, managing director; Yoshiki
Tachibana, managing 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.
67
PRIVATE COMPANY
MARKETS SERVED
Wood nishes Marine coatings
KEY EXECUTIVES
Charles Mordy, CEO and president; Paul
Schmidt, vice president of nance.
loverdale Paint maintains more than 100 retail stores and

a network of dealer outlets across Western Canada and the
Pacific Northwest. The firm manufactures architectural and
industrial maintenance products. Directly and through subsidiary
companies in Calgary, Alberta (Far-go Paint Inc.) and Portland,
Oregon (Rodda Paint Company). Cloverdale operates manufacturing plants in Surrey, Portland, Winnipeg, Edmonton and Calgary.
In terms of acquisitions, Cloverdale most recently bought Guertin
Coatings of Winnipeg, Manitoba, Canada, which produces liquid
and powder industrial coatings, resins, sealants and adhesives in a
78,000 square foot facility in Winnipeg.
80 | Coatings World
80-81 65Kikusui-72Renner 0715.indd 80
PRIVATE COMPANY
MARKETS SERVED
Powder coatings Marine Industrial
Protective Automotive Renish
Varnishes
KEY EXECUTIVES
Reinaldo Richter, managing director;
sales mgn: Adilson Cesar Demathe,
Pedro Reibaldi Neto, Mauro Jos Deretti,
customer service and intl sales mgr.
EG Groups Coatings Unit provides solutions in liquid

industrial and anticorrosive coatings, automotive refinish coatings, powder coatings and electro insulating varnishes and resins. WEG Coatings is a leader in the Brazilian market
in powder coatings and electro insulating varnishes and resins and
is a leader in industrial andanticorrosive coatings in Latin America.
Among the main market segments, WEG provides solutions for marine and offshore, chemical and petrochemical, metallic structures,
shipbuilding, industrial maintenance, household appliances and automotive refinishing.
68
Cloverdale Paint
Surrey, British Columbia,
Canada
cloverdalepaint.com
WEG Tintas
Guaramirim, SC - Brazil
www.weg.net
Sniezka Woj.
Podkarpackie, Poland
www.snieka.com

MARKETS SERVED
Interior coatings exterior coatings
Wood and metal preservation
niezka Paints and Varnishes Plant S.A. is currently number two

in the industry in Poland, both in terms of quantity and value.
Sniezka is a modern plant employing more than 600 people
and producing approximately 90 million liters yearly of a variety of
chemical products used in the construction industry in the domestic
market and foreign markets. The company concentrates its activity
in the area of emulsion paints (thinned with water), oil and phthalic
paints (solvent paints), and putty substances. The company offers
a wide range of high quality paints and varnishes, at the same time
providing its customers with assistance in the implementation and
application of its products.
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70
Industrias Titan
Barcelona, Spain
www.titanlux.com
PRIVATE COMPANY
MARKETS SERVED
Marine coatings Powder coatings
Fine arts materials

KEY EXECUTIVES
Jos Farrs Pere, CEO; Jaime Carbonell
Petit, nancial general manager; Antonio
Vilaseca Martinez, technical director; Jose
Fernndez, manager for powder coatings.
ince it was founded in 1917 in Barcelona, Industrias Titan has

produced paints, enamels, varnishes, powder coatings, colors
for fine arts and handicrafts, as well as ancillary products. Its
present installations have a total area of 120,000 square meters and
are located in El Prat de Llobregat, which is within the metropolitan area of Barcelona. It has fourteen commercial delegations, six
production plants in Spain, one in Portugal and one in Morocco. In
recent years Industrias Titan has focused its efforts on making its
products more environmental friendly, right through from product
conception to the end user stage. Many of its products have been
awarded with the European Ecological Label.
71
PRIVATE COMPANY
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.
ince its beginnings in 1958, Paints and Chemical Industries

(PACHIN) has been a pioneer in the Egyptian paint and coatings industry. Its core business is the production of various
types of architectural and decorative coatings, industrial paints,
printing inks and alkyd resins. 85 percent of its sales were in architectural/decorative; six percent in industrial paints; six percent in
printing inks and three percent in alkyd resin. PACHIN maintains
a strategic alliance with AkzoNobel in which PACHIN is licensed
to manufacture and sell various products on behalf of AkzoNobel
under the Dulux trademark. Recently PACHIN concluded an agreement to be the sole distributor of Chugoku Marine Paints in Egypt.
PACHIN also has a strategic alliance with NovaColor, a leading
Italian manufacturer of decorative products.
July 2015
80-81 65Kikusui-72Renner 0715.indd 81
Kayalar Kimya
Istanbul, Turkey
kayalarkimya.com.tr
PRIVATE COMPANY
MARKETS SERVED
Architectural coatings General
industrial coatings Wood coatings
KEY EXECUTIVES
Ersin Kenan Kayalar, CEO; Ender Bahadir
Baykara, CFO; Zafer Kayalar, assistant
general manager of purchases and
nance; Tolga Kayalar, assistant general
manager of sales, marketing and IT.
ayalar Kimya possesses approximately 25 percent market

share of the Turkish furniture paint and varnish market.
Kayalar has two production plants, one in Istanbul, Turkey, which opened in 2006 and the second one in Lucena, Spain.
Architectural coatings comprise 19 percent of Kaylar Kimyas business, general industrial comprises one percent, wood comprises 47
percent and the remaining 33 percent is comprised of resins. Kayalar
recently entered into a joint venture with Noroo Company for the
industrial paint sector and acquired Gasla, a Spanish wood coating
company. Brands include Genc, Dufa, Genro Noroo and Grasla.
72
Pachin
Cairo, Eqypt
www.pachin.com
Top Companies
Renner Saylerlack
Cajamar, Brazil
www.sayerlack.com.br
PRIVATE COMPANY
KEY EXECUTIVES
Alexandre Cenacchi, chairman of the
board.
MARKETS SERVED
Wood coatings Marine coatings
enner Sayerlack S.A. manufactures and distributes wood

finishing and marine coatings and paints. It is the largest
and most specialized wood coating company in Latin America. Formerly known as Sayerlack, it changed its name to Renner
Sayerlack S.A. in January 2001 after the merger of Tintas Renner
and Sayerlack Industria Brasileira de Vernizes. The company was
founded in 1968 and is based in Cajamar, Brazil. With sales estimated in the $132 million range, Renner Sayerlack claims to control
approximately 50 percent of the Brazilian wood finishing market, as
the largest player in the segment in Latin America. The companys
primary wood finishes manufacturing facility is in Cajamar, Sao
Paulo state, and it operates another in Minerbio, Italy.
Coatings World | 81
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2015
Russian Coatings
Yaroslavl, Russia
www.ruskraski.ru
PRIVATE COMPANY
MARKETS SERVED
Architectural coatings Automotive
OEM coatings Industrial coatings
Automotive refinishes Powder coatings

KEY EXECUTIVES
Valeriy Abramov, CEO; Philipp Savelyev,
director of economics; Mixhail Kolomichev,
technical director.
n 2014, volume production amounted to 30.5 thousand tons,

and sales volume in ruble equivalent has grown by three percent.
Russian Coatings has experienced sales growth in waterborne
materials for decorative purposes (+6.7 percent), powder coatings
(+15 percent) and industrial materials (+11 percent). In the decorative business, the company started producing the fire- bio-protective
composition for wood in the Premia sub-brand family. The largest
growth of production has been exhibited by the powder coatings
business (+29 percent), the market share thereof increased up to 20
percent, the sales volume in money terms amounted +15 percent. In
the automotive refinish business the sales volume in money terms
rose by two percent in comparison with last year; as for the sales
volume in tons, it remained at the level of 2013.
75
Natoco
Miyoshi, Japan
www.natoco.co.jp
PUBLIC COMPANY
MARKETS SERVED
coatings
KEY EXECUTIVES
Kenji Kasuya, president and representative
director; Susumu Kawakami, senior
managing director and executive director.
atoco Co., Ltd. manufactures fine chemicals and paints.

It offers synthetic resin paints and inks. The company
primarily provides coatings for metal, building and other
functional materials, as well as related equipment. The company
was founded in 1948 and is headquartered in Miyoshi, Japan and
operates in three business segments. The paint segment is involved
in the manufacture and sale of synthetic resin paints, thinners and
paint-related products. The fine chemical segment manufactures and
sells chemical products such as film-use coating materials, as well
as fine particles for liquid crystal displays (LCDs), among others.
The others segment is engaged in the collection and transportation
of industrial waste products. Natoco has two subsidiaries and one
associated company.
74
PRIVATE COMPANY
MARKETS SERVED
KEY EXECUTIVES
Victor Stolbchenko, GM; Roman Setin,
GMs first deputy; Vadim Zaytsev,
sales and decorative coatings segment
manager.
ith sales of approximately $125 million in 2014, 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.
76
Atomix
Tokyo, Japan
www.atomix.co.jp
PUBLIC COMPANY
MARKETS SERVED
Floor coatings Roof coatings
Swimming pool coatings Traffic paints
KEY EXECUTIVES
Kazuyuki Kobayashi, director and
president; Koichi Kita, managing director
and executive manager of administration.
tomix Co. Ltd. manufactures various paints in Japan. The

companys headquarters are located in Tokyo, Japan. It offers floor and roof coatings, waterproofing materials, swimming pool coatings, traffic and anti-skid paints, paint for mapping
systems, and paint to protect road structures from deterioration.
The company was founded in 1937.
82 73Russian-76Atomix 0715.indd 82
Empils
Rostov-on Don, Russia
www.empils.ru
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ICA Group
Civitanova Marche,
Italy
www.icaspa.com
PRIVATE COMPANY
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.
CA Group recently unveiled the My Gloss system. The new system was conceived to fulfill the increasingly stringent requirements of the furniture sector, which is based on the need to
achieve high-quality gloss coatings using cycles that have low levels
of environmental impact. The final lacquered gloss effects of the
My Gloss system can be obtained both with colored basecoats and
with transparent gloss topcoats, and even directly with pigmented
gloss topcoats. Specifically, the My Gloss system is composed of
versatile products for the preparation of the base surface such as
primers, fillers and UV intermediates with 100 percent solid residue.
Alongside these, there are water-based epoxy base coats. ICA said
the My Gloss system made it possible to reduce VOCs released into
the atmosphere during application by more than 90 percent.
79
PUBLIC COMPANY
MARKETS SERVED
Decorative coatings Maine coatings
Yacht coatings
KEY EXECUTIVES
Giorgio Rupnik, CEO and director;
Giampaolo Iacone, director of
administration, nance & control and
director; Pietro Bianchini, operations
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.
84 | Coatings World
84 76ICA-80MIDO 0715.indd 84
PUBLIC COMPANY
MARKETS SERVED
Onshore, Marine and Automotive
coatings Decorative coatings
KEY EXECUTIVES
Takeshi Tanaka, president and chairman;
Nobuyuki Goto, managing director; Tatsuo
Nishi, managing director and general
manager of administration division.
sahipen Corporation engages in the manufacture and sale

of various paints and coatings, painting tools and wallpaper
products in Japan. The company offers water-based, oilbased, anti-rust, spray, gloss varnish, wood, hobby craft and business paints. Asahipen Corporation markets its products through
dealers, government agencies, and other outlets in China, Hong
Kong, Taiwan, and southwestern Asia. The company was formerly
known as Asahi Paint Company and changed its name to Asahipen
Corporation in 1965. Asahipen Corporation was founded in 1940
and is headquartered in Osaka, Japan. Asahipen Groups are organized into many paint-manufacturing subsidiaries including Asahipen Corporation, Daiho Tokyo Inc., Asahipen America Inc. and
in the field of UV finishing it operates Trust Inc.
80
Boero Group
Genoa, Italy
www.gruppoboero.it
Asahipen
Osaka, Japan
www.asahipen.jp
MIDO Coatings
Alexandria, Egypt
www.midoco.com
PRIVATE COMPANY
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.
ounded in 1979, MIDO (International Group for Modern

Coatings) is a leading Egyptian company for high quality
paints and coating products for a variety of applications. The
company develops, produces, and distributes specialized chemical
products for many areas of application in the automotive, decorative
paints, wood coatings, printing inks, and other different industrial
products. The company recently established three overseas branches
in Kenya, Sudan and UAE. The company adopted an ambitious penetration plan to establish this new entry model and overcome a lot of
logistics and trade barriers which held back the growth of Egyptian
presence in these markets as a model, it will be replicated in selected
markets across the region in the future within MIDO international
expansion plan for the future.
July 2015
7/7/15 12:06 PM
FEATURE
Resins Supplier
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.
Air Products
Allentown, PA, USA
610-481-6799
Fax: 610-481-4381
prodinfo@airproducts.com
www.airproducts.com
Type of resins: Epoxy hardeners; epoxy
resins; high-solid resins; hybrid resins;
polyamide
Alberdingk Boley
Greensboro, NC, USA
336-454-5000 x 323
Fax: 336-454-5007
jharrison@alberdinkusa.com
www.alberdingkusa.com
Type of resins: Acrylic-styrene emulsions;
emulsions; high-solid resins; UV curing
resins; polyurethane dispersions
AC 3660
Attributes/comments: This multiphase,
self-linking acrylic emulsion offers superior clarity and transparency. This
emulsion offers excellent hardness and
chemical resistance on wood and wetlook on concrete substrates.
Allnex USA Inc.

Apharetta, GA, USA
770-280-8300
www.allnex.com
Type of resins: Acrylic resins; acrylicstyrene emulsions; alkyd resins; amino;
emulsions; crosslinking resins; epoxy
hardeners; high-solid resins; hybrid resins; melamine/melamine-type resins;
phenolic resins; phenoxy resins; UV curing resins; rethane/polyurethane resins;
July 2015
85-86 Resins Directory 0715.indd 85
water-thinned resins
MODAFLOW LAMBDA
Attributes/comments: A silicone-acrylic
hybrid polymer additive that unifies best
characteristics of acrylic flow promoters
and silicone leveling additives, allowing
optimal surface quality at low dosage.
Arkema Coating Resins

Cary, NC
877-331-6696
www.arkemacoatingresins.com
Type of resins: Acrylic resins; acrylicstyrene; alkyd resins; emulsions; epoxy
hardeners; high-solid resins; polyester
resins; silicone polyesters; TGIC resins;
urethane/polyurethane resins; waterthinned resins
ENCOR 662 Acrylic Latex
Attributes/comments: 100% acrylic; outstanding scrub and stain resistance; suitable for low-zero VOC formulations
DIC International (USA)

Parsippany, NJ, USA
973-404-6600
Fax: 973-404-6601
www.dic-global.com
Type of resins: Acrylic resins; acrylicstyrene; alkyd resins; amino; crosslinking resins; emulsions; epoxy hardeners;
epoxy resins; high-solid resins; hybrid
resins; melamine/melamine-type resins;
phenolic resins; phenoxy resins; polyamide resins; polyester resins; styrene resins;
UV curing resins; urethane crosslinkers;
urethane/polyurethane resins; waterthinned resins
ACRYDIC WGU-337
Attributes/comments:
Solvent-based
high solid acrylic polyol for exceptionally durable, glossy and clear top coats
in refinishing applications for automotive
metals, plastics and wood.
Eastman Chemical Company

Kingsport, TN, USA
800-EASTMAN
423-229-2000
www.eastman.com
www.eastman.com/contactus
Type of resins:
Cellulose derivatives; hydrocarbons resins; maleic resins; natural resins; polyester resins; polysaccharide resins; rosin
esters; water-thinned resins.
Emerald Performance
Materials
Cuyahoga Falls, OH, USA
303-916-6700
Fax: 330-315-6466
corporate@emeraldmaterials.com
www.emeraldmaterials.com
Type of resins:
Crosslinking resins; emulsions; epoxy
resins; high-solid resins; hybrid resins;
polybutadienes; silicone resins; silanes.
Currently developing an epoxidized
version of its HTPB line, Hypro
2800X95EE1 is the initial product in
the platform.
Attributes/comments: Emeralds CVC
Thermoset Specialties is currently
building upon its hydroxyl-terminated
polybutadiene (HTPB) commercial
platform. Two new technologies are
Coatings World | 85
7/7/15 12:13 PM
FEATURE Resins Directory

in our development pipeline: hydroxyl-terminated
butadiene-acrylonitrile
(HTBN) and epoxy-terminated butadiene-acrylonitrile polymers (ETBN).
Evonik Corporation
Richmond, VA, USA
804-727-0700
804-727-0845
asktego@evonik.com
www.tego.us
Type of resins:
Acrylic resins; alkyd resins; crosslinking
resins; epoxy resins; high-solid resins;
polyester resins; silicone polyesters; silicone resins; urethane/polyurethane resins; vinyl resins
industrial maintenance coatings requiring

less than 100 g/l VOC
King Industries
Norwalk, CT, USA
203-866-5551
rshain@kingindustries.com
www.kingindustries.com
Type of resins: High-solid resins; hybrid
resins; polyester resins; urethane/polyurethane resins; water-thinned resins
SILIKOTOP E90A
Attributes/comments: The silicone hybrid resin is highly suitable in high
solids top coats. Applications from
marine to transportation is possible.
SIKIKOTOP 901 provides impressive
mechanical resistance and good weather stability.
K-POL
Attributes/comments: K-POL 8211
is a unique, aliphatic and saturated
diol recommended for 2K PU coatings, elastomers and adhesives. It provides hard films with good flexibility.
K-POL 8211 will provide lower VOC
systems with improved toughness, high
modulus and good exterior durability, plus excellent performance in thin
film coatings. Applications include
industrial, automotive OEM & refinish, general industrial, urethane elastomers, adhesives and sealants.
Georgia-Pacific Chemicals
Lubrizol
Atlanta, GA, USA

866-447-2436
GPChemical@gapac.comw
www.gp-chemicals.com
Brecksville, OH, USA

800-380-5397
coatingsna@lubrizol.com
www.lubrizol.com/coatings
Type of resins:
Crosslinking resins; epoxy hardeners;
phenolic resins; rosin esters; waterthinned resins
Type of resins: Acrylic resins; acrylic-styrene emulsions; emulsions; high-solid resins; hybrid resins; urethane/polyurethane
resins.
Huntsman Corporation
PERMAX V1000 Vunylidene Chloride

Emulsion
Attributes/comments: APEO-free; small
particle size emulsions that gives excellent corrosion resistance and scribe creep
protection at 1.5 mil dry film thickness.
The Woodlands, TX, USA

888-564-9318
dawn-adair@huntsman.com
www.huntsman.com
Type of resins:
Crosslinking resins; epoxy hardeners; epoxy resins; high-solid resins; polyamide
resins; TGIC resins
Araldite PZ 3961-I Waterborne Epoxy
Resin
Attributes/comments: Newly developed,
low viscocity, 1 type solid expoxy resin
dispersion for use in ambient or heat-cure
Reichhold
Durham, NC, USA
919-990-7500
Fax: 919-767-8618
mediacontact@reichhold.com
www.reichhold.com
Type of resins: Acrylic resins, acrylic-styrene emulsions; alkyd resins; crosslinking
85-86 Resins Directory 0715.indd 86
resins; emulsions; epoxy hardeners; epoxy resins; high-solid resins; hybrid resins; polyamide resins; polyester resins;
silicone polyesters; UV curing resins; urethane lacquers; urethane/polyurethane
resins; water-thinned resins
UROTUF E300-W-40
Attributes/comments:
UROTUF
E300-W-40 is a UV-curable, waterborne
urethane for factory or field applied
wood coatings such as flooring and kitchen cabinets where good durability and
fast turnaround time is required.
Sartomer Americas
Exton, PA, USA
610-363-4100
800-SARTOMER
Fax: 610-363-4140
Sartomer.exto-comm@sartomer.com
www.sartomer.com
Type of resins: UV curing resins
CN9062: Dual Cure Urethane Acrylate
Oligomer
Attributes/comments: Highly functional urethane acrylate oligomer that
has applicability in dual cure systems.
Produces hard, scratch-resistant coatings. Has high and controlled content
of free hydroxyl groups which allow for
use of secondary curing mechanisms in
addition to UV/EB.
Siltech Corporation
Toronto, ON, Canada
416-424-4567
Fax: 416-424-3158
info@siltech.com
www.siltech.com
Type of resins: Amino; emulsions; epoxy
hardeners; epoxy resins; silicone resins;
UV curing resins
Silmer NH Di-8 and Silamine D208
EDA epoxy hardeners
Attributes/comments: Silmer NH Di-8
and Silamine D208 EDA have been
shown to increase hardness and tensile strength in epoxy resins while
improving low temperature impact resistance. CW
July 2015
7/7/15 12:13 PM
FEATURE
Inspiring Innovation
Through Partnerships
Peter Nieuwenhuizen, RD&I Director, AkzoNobel
e know that humanity is going to grow to about 9

billion people by 2050 and about 70 percent of them
will be living in cities. If we want all of those people
to live safely, healthily and comfortably, were going to have to
do things differently. Were going to have to innovate.
Take chemicals for example. There are a great many products
that we use every day in which chemicals are applied. There are
building products, medical supplies, paint and coatings, personal care products to name just a few everyday urban applications.
At this moment, our society is highly extractive. If we want
to change that we are going to have to come up with more sustainable solutions a new way of doing business. And this is
where the chemical industry can play a key role as an innovator.
At AkzoNobel we are constantly looking to develop more
sustainable products and processes. And through these innovations, we aim to make a positive impact on society.
However we have learnt over the years that we cant do this
in isolation. If were going to truly chart a course to a more sustainable future, we have to work together.
This is the central philosophy behind AkzoNobels Human
Cities initiative which is aimed at making cities more comfortable, inspiring and vibrant. We believe that by forming more
strategic partnerships across entire value chains we have the
opportunity to rethink our urban environments and ultimately
make them more sustainable.
For example we are part of a major Dutch consortium exploring the use of household waste streams as a feedstock for
chemical production. A number of industry and semi-governmental partners are looking to benefit from Canadian company
Enerkems ongoing research into developing technology that
converts waste into synthesis gas a common starting material
for products such as methanol and ammonia.
Another recent initiative involves investigating the possibility of producing chemicals from beet-derived sugar feedstock.
Working with several partners, the aim is to develop a viability study which will look at developing business cases for
commercial production in the Delfzijl chemical cluster in the
Netherlands.
Another important development has seen AkzoNobel expand
its agreement with Solazyme Inc. to target an annual supply of

up to 10,000 tons of renewable tailored algae-based oils which
would replace both petroleum and palm oil-derived chemicals.
Finally were also working with cleantech company Photanol
to develop a process for harnessing the power of the sun to
make chemicals. The aim is to produce green chemical building blocks that will eventually replace raw materials we currently obtain from fossil-based production, supporting our Planet
Possible agenda of radical resource efficiency.
Ultimately by combining our innovative know-how with effective and meaningful partnerships, we can accelerate the pace
of change and grasp the opportunities that will inevitably come
our way.
We need to take action, convene stakeholders, facilitate interaction and support industries to bring solutions closer to market
and ultimately speed up the process of sustainable development.
Can we achieve all of this? Well, thats up to us. Were in the
privileged position of being able to influence this change. CW
87 AkzoNobel 0715.indd 87
Coatings World | 87
7/6/15 4:30 PM
FEATURE
Eastern Coatings
Show 2015
The second biennial show again exceeded expectations.

Catherine Diamond, Associate Editor
he second biennial Eastern Coatings Show was held June

1-4, 2015 at the Trump Taj Mahal Hotel in Atlantic City,
NJ. According to organizers, the total number of attendees exceeded one thousand, and included representatives from
China, Germany and Canada, as well as U.S. attendees from
six Northeastern, six Mid-Atlantic, six Southeastern, five Gulf,
eight Midwestern and six Western states.
Three breakfast sessions held on June 2, 3 and 4 each
featured a keynote speaker. The first was Robert Fry, who was
named by the Wall Street Journal, USA Today and Bloomberg
as one of the countrys top economic forecasters. He and his
colleague, Bob Shrouds, won the prestigious Lawrence R. Klein
Award for Blue Chip Forecast Accuracy.
The second days breakfast highlighted Dee Schlotter, a key
member of the PPG Global Color Styling Team whose function
is to develop the color trends for the upcoming year for all of
PPGs business units including the automotive, the consumer
electronic appliances, the aerospace and the architectural areas.
The Special Breakfast on the Shows last day focused

on Jeff Spillane, senior manager, Training Implementation,
at the Benjamin Moore Company. Spillanes address analyzed the relationship between the future and the past in the
Coatings industry with an emphasis on what has changed
and what is next.
Becoming a tradition at the Eastern Coatings is the awarding, by Harley McNair, of the Pflaumer Brothers Awards for
the best technical papers presented at the Show. The first
place award was earned by Paul Mills of Plasmatreat, North
America, for his paper entitled UV Cure Powder Coatings
for Plastics; Brian Casey of Evonik took second place with
his paper entitled Novel Silicone Resin Technology for High
Temperature Applications.
Concluding this session was a panel discussion entitled
The Science Behind New Industrial Coatings Demands and
Application Evaluation. The panel consisted of Dr. Jason
Anagnostis of Absolute Coatings, Inc., Valerie Sherbondy of
88-89 ECS WrapUp 2015.indd 88
July 2015
7/7/15 12:22 PM
Eastern Coatings Show 2015 FEATURE

KTA-Tator, Inc., and Drs. Christopher Wohl, Jr., and Frank
Palmieri, both from NASA. The panel took questions from the
audience who, according to organizers, considered it an outstanding success.
In addition to breakfast sessions, there were a total of 40
presentations throughout the show. Topics included:
Weathering The Elements: Why Real World Data is Critical
in Developing Polymers for the Exterior Market
New Reds: Pigment Innovation
Isoindolinone Pigment Yellow 110: Industrial and
Architectural Coatings
Relevant Preservative Testing: The Importance of Robust
Microbial Challenge Testing to Mimic Paint Manufacturing
Conditions
Novel Silicone Resins for High-Temperature Applications
Vapor Permeability of Air and Weather Barriers
The Pursuit of the Perfect Coatings Finish
Improving the Adhesion of UV Curable Coatings to Plastics
U.S. Trade Remedy Laws

Preservatives: Getting the Right Balance
Highly Accelerated Environmental Degradation Testing
Chemist 101: Everything You Need to Know, Whether
Youre a New Lab Tech or a 20 Year Veteran
Show Chair David White of Heucotech and his committee were responsible for selecting and scheduling two tracks
with 40 presenters over the course of three days. Organizers
thanked White and his team for successfully tackling this
enormous task.
Commenting on this years show, Bob Whitely, president
of Eastern Coatings Show, said: The Eastern Coatings
Federation, Inc., presented an outstanding show, one in
which we can take much pride.
My gratitude to my committee members and to Ann
Fody and her staff for all of the extra effort and time they
dedicated to make the Show an actuality. Now lets turn our
attention to the upcoming 2017 Show. CW
Lubrizol
Birla Carbons
Shamrock Technologies
Air Products
88-89 ECS WrapUp 2015.indd 89
Coatings World | 89
7/7/15 12:27 PM
Industry News
Sun Chemical Expands Global Capacity for

Functional and Decorative Metallic Effects
un Chemical will expand its global capacity for the production of

Benda-Lutz metallic effect pigments
designed for autoclaved aerated concrete,
printing inks, coatings and plastics by
more than 40 percent.
With total investments exceeding $10
million and scheduled for completion
by the end of 2016, Sun Chemical will
strengthen its position in the metallic effects market and allow the company to
accommodate for the growing demand
for its metallic effects pigments, the company stated.
Both decorative and functional metallic effects continue to be strategic product lines for Sun Chemical, said Myron
Petruch, president of Sun Chemical
Performance Pigments. In the past several years, we have seen tremendous growth
of our Benda-Lutz brand in a wide range
of applications. We are optimistic that
this upward trend will continue and are
planning for future growth.
Produced in Austria, Poland, Russia,
China and the U.S., Benda-Lutz metallic
effects are a comprehensive line of premium powders, pastes, vacuum metallized
pigments, and preparations that provide
industry leading solutions for the building materials, packaging inks, coatings
and plastics markets.
These investments provide additional capacity, vertical integration and
position us to bring unique products to
market, Petruch said. We will continue
to invest in advanced manufacturing processes and in research and development
efforts designed to deliver more styling
and performance options to our customers worldwide.
BASF Licenses Valure

Technology to EM.tec
Design GmbH
BASF SE has entered into a technology
license agreement with EM.tec design
GmbH for the production of valure. The
new production plant, located in Bingen,
Germany, will have an annual capacity of about 1.5 million square meters
of surface finished material. With this
BASF has extended the availability of
valure globally, complementing the existing production facility in India, which
started up last year. BASF supports its
licensing partners with the chemistry,
technology know-how, and joint development with customers as well as application-oriented services.
This partnership with EM.tec design represents a powerful opportunity
for valure to accelerate and extend its
reach in Europe which is a major market
for BASF, said Hermann Althoff, senior
vice president, BASF Leather & Textile
Chemicals. EM.tec design has demonstrated the dynamic character of a startup combined with solid know-how of the
automotive industry. OEMs and brand
owners will benefit from the versatility of
valureTM to create more innovative surfaces for their products.
EM.tec design is the wholly owned
spin-off start-up of Heinz Einhaus
GmbH which is a leading supplier of
finishing systems for the automotive industry for small- and medium-size parts.
Our state-of-the-art production facility
in Bingen shows our long-term commitment to valure, said Manuel Einhaus,
founder of EM.tec design. Together
with BASF, we will focus our combined
efforts to serving a broader range of customers in the automotive, fashion, furniture and packaging industries.
Valure is a technology to create laser
structured surfaces with almost limitless design freedom to create haptics
and textures ranging from soft touch to
hard, leather graining, the appearance
of velvet and geometric patterns and
impressions. A silicone mold is laser engraved and sprayed with a microporous
polyurethane dispersion. The resulting
film can be applied to a wide variety of
materials like leather, fabric, cardboard,
paper or plastic without impairing the air
90-91 Industry News 0715.indd 90
permeability of the material helping to

achieve surfaces with a distinctive character that are soft, warm to the touch, and
offer attractive designs. The polyurethane
surfaces are resistant to wear and tear,
soiling, and within limits to the exposure
to water, sweat and oil. Quick design
changes present no difficulties enabling
customers to produce different sizes on a
smaller scale.
AkzoNobel and Evonik

Announce Production JV
for Chlorine/Potassium
Hydroxide Solution
AkzoNobel and Evonik Industries
have joined forces to build and operate a new membrane electrolysis facility for potassium hydroxide solution
and chlorine in Germany. Start-up
is expected by the end of 2017. The
50-50 joint venture involves the construction and operation of a dedicated
plant at AkzoNobels existing site in
Ibbenbren. It will have an annual
nameplate capacity of around 130,000
metric tons of potassium hydroxide solution and 82,000 metric tons of chlorine. This will strengthen the leading
market positions of both companies.
Financial details were not disclosed.
AkzoNobel will take over commercialization of chlorine and hydrogen at the new
plant, and will process these products
directly at the Ibbenbren site. Evonik
will take over the potassium hydroxide
solution for commercialization and processing at its own site in Llsdorf. This
is where Evonik processes potassium hydroxide solution into potassium carbonate (potash).
This investment in our chlor-alkali
activities will make our business even
more sustainable, explained Werner
Fuhrmann,
AkzoNobels
Executive
Committee member responsible for
Specialty Chemicals. Not only will we
secure the long-term supply of our customers with chlorine and hydrogen, but
July 2015
7/6/15 3:48 PM
Argex Realigns its

Operations for Engineering
and Construction Phase
Argex Titanium Inc., a producer of high
grade titanium dioxide (TiO2), has completed work at its Valleyfield Technology
Center confirming key hydrometallurgical process innovations for the production of pigment grade TiO2. The Argex
hydrometallurgical process is based on
the development of a fully integrated process, including chloride leaching of the
feedstock, solvent extraction separation and purification of iron and titanium
compounds, hydrochloric acid recovery,
iron chloride by-product recovery and the
conversion of titanium to market grade
TiO2. This work has also been supported
by Argexs research services agreement
with PPG Industries as well as endorsed
by the positive technical due diligence announced last February.
Argex has put in place a technical team
and a project execution plan to minimize
technical risk, maximize commercial viability and provide the link for a proper
technology transfer from the process
technology to the design of a commercial
production facility. A six month Process
Intensification Program has been planned
by Argex to assure commercial readiness of the hydrometallurgical process
technology. After three months into the
Process Intensification Program, Argex
plans to launch Front-End Engineering
Design (FEED/FEL3) work and the purchase of long delivery process equipment that will lead to plant design and
construction.
Dean Thibault, principal of Thibault
& Associates Inc. is a senior process
chemical engineer. He has over 35 years
of experience in the development of industrial process technologies and the
design of industrial production facilities for metallurgical, hydrometallurgical and chemical industries. In addition
to the development of industrial process
chemistry, he has developed several process technologies for international clients,
for the production of high purity metals
used for electronics, specialty inorganic
chemicals, heavy metal concentrates and
treatment of water, wastewater and solid
waste.
Tim McKeen is a lead process chemical engineer with Thibault & Associates
Inc. He has over 15 years of experience in
process development, assessment of process technologies, economic assessment,
conceptual and detailed plant design and
plant commissioning services. McKeens
experience has allowed him to specialize in the metallurgical industry (for the
production of mineral concentrates by
crushing, grinding, material and slurry
transport, flotation, gravity separation
and heavy media separation) and hydrometallurgical industry (for the production of high purity metals and inorganic
chemicals by leaching ores/concentrates,
solvent extraction, precipitation and
electro-winning).
Thibault & Associates Inc. have conducted a detailed technical review of the
bench scale and pilot test work completed to date by Argex and have given a
favorable review of Argexs technologys
capacity to scale up.
90-91 Industry News 0715.indd 91
Evonik Completes
Acquisition of
Monarch Catalyst
Industry News
our environmental profile and operational efficiency will also further improve.
The new joint venture will enable us to
supply our customers with our potassium
derivatives reliably in the long term,
added Patrik Wohlhauser, member of
Evoniks Executive Board. At the same
time, it means were making a significant
contribution to the environmentallyfriendly and sustainable production of
potassium derivatives.
All production of chlorine, potassium
hydroxide and caustic lye using mercurybased amalgam electrolysis has to stop
by the end of 2017 due to legislative requirements. The planned new membrane
electrolysis plant will use a sustainable
process which has a more positive environmental profile.
AkzoNobel is the market leader for
industrial salt, merchant chlorine and
chloromethanes in Europe, as well as
holding a leading position for caustic lye
in Europe. Evonik is a European market
leader for potassium derivatives as well
as a globally leading provider of alcoxides, which are manufactured in Llsdorf,
also by electrolysis.
The joint venture is subject to approval
from the applicable regulatory authorities.
Evonik Industries has completed

its previously announced acquisition of
Monarch Catalyst Pvt. Ltd., of Dombivli,
India. Monarch Catalyst, which employs
approximately 300 staff, will be renamed
Evonik Catalysts India Pvt. Ltd, and its
existing customer base will continued to
be served through the established sales
channels. Financial details of the transaction were not disclosed.
All of Evoniks future catalyst activities in India will be operated through
the newly acquired company. Evoniks
catalysts business line currently produces specialty catalysts, custom catalysts, and catalysts components for the
life sciences and fine chemicals, industrial and petrochemical, and polyolefins
market segments.
Adding Monarchs global activities in
oils and fats hydrogenation catalysts will
broaden Evoniks current catalysts portfolio. In addition, the activated base metal catalysts and precious metal catalysts
portfolio will enhance Evoniks positions
in India and the Asia region.
Evoniks current catalysts production
network includes three sites in Germany,
one in the United States, one in Brazil,
one in Japan, and one in China, as well
as an additional tolling site for precious
metal catalysts in India.
Lubrizol Expands European

Formulations & Applications
Center of Excellence
The
Lubrizol
Corporations
Performance Coatings business announces an expansion at one of its
European Formulations & Applications
Centers of Excellence in Blackley, UK.
In addition to a formulations and applications technical team, the Blackley
facility also comprises research and development of hyperdispersants and is a
central location for all European and
emerging markets commercial activities.
The facility is dedicated to synthesizing, formulating and testing dispersant
technologies for diverse coatings and
explores unique solutions for resins,
binders and surface modification. CW
Coatings World | 91
7/6/15 3:48 PM
Suppliers Corner
BASF to Extend Pigment Portfolio

for Automotive Coatings
ighest durability levels, outstanding coloristics and excellent processability in both, water- and
solvent-based systems: Suppliers of automotive coatings have high expectations
when it comes to pigments. BASF aims
to meet the requirements of its customers by offering them a broad portfolio of
high-performance pigments to which the
company has now added a particularly
color-intensive Indanthrone blue pigment
the Paliogen Blue EH 1900 (L 6400).
With this new pigment, BASF enables its customers to produce highly
chromatic reddish-blue color shades.
The product can also be combined with
various effect pigments.
Paliogen Blue EH 1900 provides a lot
of benefits for the user: Showing an excellent performance in water- and solventbased systems, it is universally applicable.
The product not only stands out due to
its good fastness to weathering, but also
due to a reduced tendency to bleed: The
pigment particles do not migrate into
other coating layers, which results in better overcoating fastness, explained Tom
Landuydt, head of Pigment Marketing
for Automotive Coatings at BASF.
Moreover the pigment shows great styling possibilities with LuminaRoyal Blue
6803 H and with Lumina Royal Aqua
7803 H.
Using pigments with a broad color
range that enable to develop novel designs this is what coatings producers favor. With its new effect pigment Lumina
Royal Magenta EH 5000 (4803 H) BASF
offers formulators of automotive coatings
novel design options all the way from the
reddish-blue color spectrum into the red
color area.
Due to the narrow particle-size distribution, the pigment helps to create highly
chromatic new color shades as well as surfaces that appear extremely pure and vibrant at whatever angle you look at them.
With Lumina Royal Magenta, we
have extended the color range of the
Lumina Royal product series. These

highly intense pearlescent pigments help
our customers to be more flexible when
it comes to formulating automotive coatings as we can now offer effects from
the greenish blue into the copper orange
color space, underlined Tom Landuydt.
Lumina Royal Magenta is the fifth
member of the Lumina Royal product
family of BASF. Prior to this, BASF has
already launched the four color shades
Aqua, Blue, Indigo and Copper.
Thermo Scientific
Introduces HAAKE MARS
40 and 60 Rheometers
Material scientists in research and development, advanced quality control and
academic research can now use an enhanced, modular rheometer platform to
increase workflow efficiency and minimize operator error while analyzing the
rheological properties of a broad range of
samples, stated thermo Scientific
The Thermo Scientific HAAKE
MARS (Modular Advanced Rheometer
System) 40 and 60 rheometers offer
enhanced features to the existing line
of accurate, user-friendly HAAKE
MARS rheometers, allowing users to
expand capabilities for future needs.
The HAAKE MARS 40 and 60 rheometers are equipped with Connect Assist
technology, first introduced with the
Thermo Scientific HAAKE Viscotester
iQ rheometer. The Connect Assist
technology automatically detects measuring geometry accessories and temperature modules to deliver real-time
feedback, making it easy for users to
set up sample testing procedures with
minimal errors. A push button, automatic geometry release system makes
handling simple and convenient.
The newest generation of HAAKE
MARS rheometers is focused on ease
of use and a high level of customization, allowing lab managers to respond
to their specific testing applications,
92-93 Supp Corner 0715.indd 92
said Birgit Schroeder, product line director, laboratory instruments, material characterization products for
Thermo Fisher Scientific.
The HAAKE MARS 40 and 60 rheometers streamline workflows by offering application packages that bundle the
rheometer with task-specific accessories
for markets that include pharmaceutical, cosmetics, food, petrochemical and
polymers.
The Thermo Scientific HAAKE MARS
40 and 60 rheometers also feature:
A two-column modular design,
allowing easy access for sample
preparation with quick-fit accessory
connections and measurement setup,
including an intuitive display and
control panel;
Application-specific measuring cells
and hybrid methods, such as MARSFTIR coupling, to provide enhanced
material characterization options;
and
Thermo Scientific HAAKE RheoWin
software for easy rheometer operation, including all relevant measuring
parameters required by experienced
rheologists.
Grieve Corp. Introduces

New 1000F Electric WalkIn Oven
Grieve Corp. has introduced No. 946,
a 1000F, electrically-heated vertical
airflow walk-in oven, currently used
for curing coatings on titanium screens.
Workspace dimensions measure 72W
x 156D x 96H. 360kW installed
in Incoloy-sheathed tubular heating elements provide the power, while
a 24,500 CFM, 20 HP recirculating
blower provides a vertical downward
airflow to the workload.
This Grieve oven features 8 insulated
walls, Type 304L, 2B finish stainless steel
interior, stainless steel exterior with #4
brushed finish and 6 insulated floor with
integral truck wheel guide tracks for easy
July 2015
7/6/15 3:49 PM
Ross Introduces Double

Planetary Mixer with
Discharge System
Designed for processing ultra-high viscosity applications up to 6 million centipoise
or higher, the Ross Double Planetary
Mixer with Discharge System is a lowmaintenance, cost-effective alternative to
a double-arm kneader.
Unlike double-arm or sigma-blade
mixers (kneaders/extruders), the Double
Planetary Mixer has no packing glands or
bearings submerged in the product zone.
In addition, the agitators are raised and
lowered in/out of the mix by a hydraulic
lift. This allows easy access for cleaning
between batches. Mix cans are interchangeable for designation to a particular
formulation, greatly reducing the risk for
cross-contamination between batches.
Sizes range from 1/2-pint to 750 gallons, with footprints considerably less
than that of horizontal double-arm
kneaders. This product is available as a
40-gallon Double Planetary Mixer with
Elevated Discharge System. After mixing, the vessel is easily rolled from the
mixer and positioned under the platen
of the Discharge System. The vessel is
then raised and a receiving container is
placed underneath it. As the platen is lowered hydraulically, it pushes down on the
batch and an O-ring around the platen
wipes the vessel sidewalls clean. Product
is forced out through a valve on the bottom of the vessel.
With the use of multiple mix cans, the
Double Planetary Mixer is very effective
in a semi-continuous process: while one

vessel is under the mixer, other vessels
in the loop are at the discharge station,
being cleaned and/or loaded with raw
materials for the next batch. This arrangement maximizes both machine and
labor utilization.
Brookfield Donates PFT

to New KSU Bulk Solids
Innovation Center
Brookfield Engineering has donated a
PFT Powder Flow Tester to the new
Kansas State University Bulk Solids
Innovation Center. This new facility at
KSU will be used to study and develop
the understanding of bulk solids materials handling, in turn enhancing businesses
that use these materials or manufacture
the systems that convey, store and dispense them. The 13,000 sq. ft. center features five research laboratories as well as
lecture rooms for hands-on training, education and conferences. This universitylevel research center is the only one of its
kind in North America.
Brookfields PFT Powder Flow Tester
delivers affordable testing for powder
flow behavior in gravity discharge from
a bin. The PFT provides quick and easy
analysis of design parameters for industrial processing equipment. Its ideal for
manufacturers who process powders daily and want to minimize or eliminate the
downtime and expense that occur when
hoppers fail to discharge. Customers
can use the PFT to perform QC checks
on incoming materials, quickly characterize new formulations for flowability and
adjust composition to match the flow behavior of established products.
The donation includes the newest
version of Powder Flow Pro Software
and all accessories for handling powder
samples. Brookfield will also provide the
Small Volume Shear Cell (requiring only
43cc of powder) for formulators who
test expensive powders in limited quantities or materials which are difficult or
messy to handle.
Dymax Yellow Fluorescing

Maskant Designed to be
Visible on Dark Substrates
Dymax Corporations new SpeedMask
92-93 Supp Corner 0715.indd 93
Suppliers Corner
loading and unloading.

No. 946 has double doors, front and
rear, each with inner and outer door gaskets. The inner gasket seals against the
door plug, while the outer gasket seals
directly against the front of the oven.
A removable top-mounted heat chamber is also provided. Safety equipment
is onboard for handling flammable solvents, including explosion-venting door
hardware. Also featured on this Grieve
walk-in oven are digital programming
temperature controller, manual reset excess temperature controller with separate
contactors, recirculating blower airflow
safety switch and SCR power controller.
731 masking resin is yellow in

color, making it ideal for use on
darker colored substrates where
other maskants might be difficult to see. It also fluoresces bright yellow
under black light, making it easy to confirm proper placement prior to processing
and clean removal after processing. 731s
high level of adhesion enables it to protect substrates during aggressive blasting
processes and chemical exposures. It has
excellent adhesion to nickel alloys, steel,
stainless steel, aluminum, titanium, cobalt, and glass and can be used in a variety of industries including aerospace,
power generation, orthopaedic joint replacement, and precision metal finishing.
SpeedMask 731 is jettable and holds
its shape after application. It cures tack
free on demand for quicker handling, is
easily removed through peeling or incineration, and leaves no residue upon
removal from non-porous surfaces. Its
500% elongation and very low shrinkage
properties makes it a resilient post-cure
maskant. SpeedMask 731 saves hours of
processing time when used as an alternative to labor-intensive manual taping or
lacquer maskants with long cure cycles.
Allnex Introduces New

Energy Curable Polyester
Acrylate for Wood
Applications
EBECRYL 854 is the latest addition to
Allnexs portfolio of energy curable polyester acrylates. According to the company, the resin opens new possibilities to
wood coating systems through balanced
flexibility/hardness and good flow, even
when used in combination with a high
content of fillers. New EBECRYL 854 is
the first resin in Allnexs product range of
polyester acrylates which offers an optimal balance of elasticity and hardness
properties. The good abrasion resistance
of EBECRYL 854 makes this resin ideal
for use as a sealer. A full coating system,
of which the sealer is based on EBECRYL
854, also proves to have a very good
coin and stain resistance. This makes
EBECRYL 854 particularly attractive for
use in furniture and parquet coatings.
The resin is also easy-to-handle and ideal
for roller applications. CW
Coatings World | 93
7/6/15 3:49 PM
People
Altana Announces
Changes to Supervisory Board
he Supervisory Board of the

specialty chemicals company
ALTANA has appointed Martin
Babilas to become the chief executive
officer. On January 1, 2016, he will
succeed Matthias L. Wolfgruber, who
will retire. Martin Babilas has been the
chief financial officer of ALTANA AG
since 2007. In November of last year,
he took over additional responsibility
of two of the companys four divisions
from Wolfgruber. Babilas has worked for
ALTANA since 1998.
The Supervisory Board has appointed
Stefan Genten as ALTANAs new chief
financial officer as of August 1, 2015.
Stefan Genten worked in various management capacities for the Grnenthal pharmaceutical group for 13 years, since 2005
as a member of the Corporate Executive
Board and as the CFO. He was also in
charge of operative functions, for example for the Latin American business, and
as Group chief operating officer (COO)
for the last five years.
On January 1, 2016, Martin
Babilas will take over responsibility for
Corporate Development/M&A, Human
Resources, Corporate Communications
and Internal Audit from Wolfgruber. On
that same date, Christoph Schlnken
will assume responsibility for Innovation
Management. Schlnken became a third
member of ALTANAs Management
Board last November.
Nordson Appoints Scott

Springer Sales Director,
Americas, for Polymer
Processing Systems
Scott J. Springer has joined Nordson
Corporation as sales director, Americas,
for the companys Polymer Processing
Systems (PPS) products.
Springer will be in charge of sales in
the Americas for underwater pelletizing
and drying systems, flat extrusion and
coating dies, melt filtration systems, gear
pumps, melt valves, screws and barrels
for extrusion and molding, and other

melt processing components. These are
sold under the Nordson BKG, Nordson
EDI, Nordson Kreyenborg, and Nordson
Xaloy brands. In addition, Mr. Springer
will be responsible for technical support and customer service teams in the
Americas for the Kreyenborg and Xaloy
product lines.
Prior to joining Nordson, Springer was
vice president of sales and marketing for
the materials handling equipment manufacturer Schwing Bioset Inc. Previously he
had held leadership positions in sales and
marketing with Thermo Fisher Scientific,
Banner Engineering Corp., and other producers of process components.
Mike Acker Named Dymax

Americas Sales Manager
Dymax Corporation has appointed Mike
Acker Americas Sales Manager. In his
new position, Acker will report to Stephen
LaCroce, global director of technology,
and will be responsible for achieving the
Americas annual revenue targets in adhesives and equipment, while continually
enhancing the commercial effectiveness
of the Americas sales organization.
Acker joined Dymax in 2009 as a territory sales manager and advanced to a
regional sales manager position in 2014.
He came to Dymax with a breadth of experience across multiple adhesive chemistries and an extensive industrial sales
background including several years as
an engineering sales representative with
Ellsworth Adhesive Systems.
David R. Lumley Elected to

Valspar Board of Directors
The Valspar Corporations board of directors has elected David R. Lumley to
serve as a director of the corporation. He
was appointed to serve on the boards
Audit committee. Lumley recently retired
as president and chief executive officer of
Spectrum Brands, a global and diversified
consumer products company where he
94 People 0715.indd 94
served in executive leadership since 2006.

Lumleys background includes more than
25 years of experience in the consumer
products industry, including executive
leadership roles at Newell Rubbermaid,
EAS, Brunswick Bicycles, Outboard
Marine Corporation, Wilson Sporting
Goods Co. and other companies. Lumley
currently serves as a director of Spectrum
Brands Holdings, Inc. and Husqvarna AB.
Sartomer Americas Names

Erbeck Senior Account
Manager
Sartomer Americas, a business unit of
Arkema Inc., has named John Erbeck
senior account manager. In his new role,
Erbeck will be responsible for developing
and implementing a strategic sales plan
for Sartomer and marketing Sartomers
industry-leading specialty chemicals to
formulators in New England, Michigan
and Canada. He will report directly to
Chris Petrangeli, Americas sales manager. Erbeck joins Sartomer with more
than 25 years of marketing, sales and
business development experience in
the coatings, plastics and graphics arts
markets. He began his career with Sun
Chemical Corporation, where he held
technical service and sales roles in the
general printing ink division. Erbeck
gained much of his experience from
holding management and business development roles for companies including MD-Both Industries (Chicago) and
Wolstenholme International (Chicago).
Most recently, he served as product
line manager, business development
and marketing manager for Emerald
Performance Materials.
John has proven his ability to meet
or exceed sales goals while maintaining excellent customer relationships a
perfect fit for Sartomer, said Petrangeli.
His experience will help deliver our innovative, high-performance acrylate and
methacrylate chemistries to formulators
in new markets. CW
July 2015
7/6/15 3:51 PM
Meetings
Asia Pacific Coatings Show

to be Held in Kuala Lumpur
July 15 - 16, 2015
Latin American Coatings Show 2015
Location: World Trade Center, Mexico
City, Mexico
Contact: DMG Events
Phone: 0044 1737 855 162
Website: www.coatings-group.com
Email: jessicasn@dmgeventsme.com
Location: JW Marriott Austin Austin,

TX, U.S.
Contact: Lesley Williams
Phone: 281-228-6413
Email: lesley.williams@nace.org
Website: events.nace.org
September 28 - 30, 2015

RAMSPEC 2016 Show & Conference
August 2 - 6, 2015
2015 Department of DefenseAllied
Nations Corrosion Conference
Location: Milan, Italy

Website: www.octima.it
Location: Wyndham Grand Pittsburgh

Downtown Pittsburgh, PA, U.S.
Contact: CaLae McDermott
Phone: 281-228-6263
Email: calae.mcdermott@nace.org
Website: events.nace.org
October 4 - 7, 2015
2015 Polyurethanes Technical Conference
September 2 - 4, 2015
RuColor 2015
Location: Gelendzhik, Krasnodar Krai,
Russia
Website: www.rucolor.com
September 15 - 16, 2015

China-U.S. Occupational Health
Symposia
Location: Shanghai, China
Contact: Chanta Stewart
Phone: 703-846-0700
Email: cstewart@aiha.org
September 16 - 18, 2015

Spray Finishing Technology Workshop
Location: Toledo, Ohio
Venue: Owens Community College
Contact: Jaime Wineland
Phone: 800-466-9367
Website: www.owens.edu
Location: Orlando, FL, USA

Venue: Gaylord Palms Resort &
Convention Center
Phone: 202-249-6121
Email: online@americanchemistry.com
October 6 - 7, 2015
CCAI Powder Coating & Curing Seminar
Location: Calera, AL
Venue: Alabama Power TAC
Website: www.ccaiweb.com
October 7 - 8, 2015
Middle East Coatings Show 2015
Cairo
Location: Cairo, Egypt
Venue: Cairo International Convention
and Exhibition Center
Contact: DMG Events
Phone: +44 (0) 1737 855 021
Email: DianaFahmi@dmgeventsme.com
October 13 - 14, 2015

Powder Coating Symposium
September 17 - 18, 2015

Asia Pacific Coatings Show 2015
Location: Columbus, Ohio

Contact: Kevin Biller
Email: kevinbiller@yahoo.com
Website: www.powdercoating.org
Location: Kuala Lumpur

Venue: Kuala Lumpur Convention Centre
October 14 - 16, 2015

METALCON 2015
September 20 - 24, 2015

Corrosion Technology Week 2015
Location: Tampa, Florida

Venue: Tampa Convention Center
Website: www.metalcon.com
95 Meetings 0715.indd 95
October 15 - 17, 2015

PaintExpo Eurasia
Location: Istanbul, Turkey
Contact: Markus Beck
Phone: +49 7022 60255 20
Email: beck@fairfair.de
Website: www.paintexpo.com.tr
October 18 - 21, 2015

Northern Area Eastern 2015
Location: Courtyard by Marriott
Ottawa Ottawa, Canada
Contact: Katie Flynn
Phone: 281-228-6210
Email: Katie.flynn@nace.org
October 18 - 21, 2015

ACA Fall Committee Meetings
Location: TBD
Website: paint.org
October 19 - 21, 2015

Rheology Fundamentals &
Applications for Synthetic Latices and
Associated Coatings Formulations
Location: Portland, OR
Contact: Emulsion Polymers Consulting
and Education, LLC
Phone: 603-742-3370
Email: info@epced.com
Website: www.epced.com
October 25 - 28, 2015

WCS 2015: 32nd Biennial Western
Coatings Symposium
Location: Las Vegas, Nevada
Venue: Paris Las Vegas Hotel & Casino
Website: www.westerncoatings.org
November 16 - 18, 2015

Characterization of Synthetic Latex
Particles
Location: Savannah, GA
Contact: Emulsion Polymers Consulting
and Education, LLC
Phone: 603-742-3370
Email: info@epced.com
Website: www.epced.com CW
Coatings World | 95
7/6/15 3:52 PM
Classifieds
Blades
Equipment for Sale
Products & Services
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July 2015
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Classifieds
Products & Services
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Alex Color Company
American Coatings Conference
Atlas Material Testing Solutions
BASF Corporation
Blairgowrie Associates, LLC
Chemark Consulting
Chemours
Chemours Ti-Pure
Double Bond Chemical Ind., Co., Ltd.
Dura Co., Ltd.
Emerald Performance Materials
Engineered Mills, Inc.
Engineered Polymer Solutions (EPS)
Evonik Industries
Lanxess
Little Joe Industries
Lonza Inc.
McDaniel and Associates, PC
Nubiola USA
Palmer Holland
Perstorp
R.E. Carroll, Inc.
Reichhold, Inc.
Shamrock Technologies Inc.
Siltech Corporation
SincolUSA Corporation
Sinostar Intl Ltd.
Specialty Polymers, Inc.
Troy Corporation
Univar
Western Coating Societies
Page
Phone
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Website
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888-ALEX COLOR
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Cover 4
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Cover 2
973-242-2999
www.shamrocktechnologies.com
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15
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Coatings World | 97
7/8/15 3:55 PM
Final Coat
Axalta Coating Systems Teodur Powder Coatings

Provide Finish for Outdoor Furniture Finn & Krakk
xalta Coating Systems, offers a

complete range of architectural
coatings for a wide variety of interior and exterior usesunder its Teodur
brand. Easy and efficient to apply, the
Teodur range of architectural polyester
powder coatings allows users to express
their creativity without compromising on
strong functional properties.
Traffic White a color from Teodurs
Matt Collection specially for aluminium
and galvanized steel applications was
recently used to provide the perfect finish for an eye-catching set of outdoor
furniture by Belgian design brand bastalpe: The Finn & Krakk. A collaboration between Sbastien Talpe and Giel
Dedeurwaerder, the intriguing table Finn
is built from a bent aluminium sheet
which is then powder coated. This provides a stable shape while maintaining
the minimalistic design. With the Finn
comes the Krakk, a stool. And each one
is unique, combining straight and organic
forms, just like the table.
Sbastien Talpe, the designer behind
bastalpe, said: The Finn and Krakk are
perfect examples of a design that is humble and discreet thanks to its pure lines.
We demand the very best of our suppliers
and that is why the collection is coated
with Axalta Coating Systems high-quality powder coatings. The soft touch finish
was key to the success of the design. We
have a long-standing working relationship with Axalta Coating Systems and
fully trust its powder coatings.
Markus Koenigs, marketing communications manager for Axaltas powder
business in EMEA, said: Our Teodur
powder coatings are very versatile and
come in a wide range of colours. We can
even respond to our design customers
exacting demands by creating custom
colours, something we have done in the
past for bastalpe. We are delighted that
our coatings could provide just the right
finish and impact required for such a refined design. CW
Traffic White a color from Teodurs Matt

Collection was recently used to provide
the perfect finish for an eye-catching set of
outdoor furniture.
98 Final Coat 0715.indd 98
July 2015
7/6/15 3:53 PM
Untitled-1 1
Untitled-5
11/12/13 11:08
11/13/13
12:02 AM
PM
We create chemistry
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Looking for raw materials that perform to extreme challenges of the

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BASF CWM0715.indd 1
6/23/15 3:13 PM

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Table of Contents July 2015 Vol. 20, No. 7

Top Companies Report

International Coatings Scene................................ 33

Top Companies Report

6 | Coatings World www.coatingsworld.com

A Rodman Media Publication

INNOVATIVE RESPONSIVE FLEXIBLE

We have the right polymer for your needs!

Indianapolis, Ind., April 11 - 13, 2016

Call for Papers

Designing Innovation Strategies

American Coatings AwArd

The Roon Award

We kindly ask you to submit your title and abstract online at

Invitation to Speakers and

General Information for Speakers

Questions? Please contact:

American Coatings Assn.

Axalta and Hempel (USA) Inc. Form Strategic

xalta Coating Systems has formed

transmission pipes in the North American

This new relationship combines the

Pacific Paint Boysen....................... 38

Fujikura Kasei ...............................38

Praxair Surface Techologies .......... 14

H.B. Fuller ....................................38

PPG ............................. 10, 14, 28, 38

Hempel ................................... 10, 38

Renner Saylerlack ..........................38

Rock Paint ....................................38

ICA Group ....................................38

Industrias Tian ..............................38

Russian Coatings ...........................38

AkzoNobel............. 10, 14, 33, 38, 87

Jotun ....................................... 14, 38

Samhwa Paints Industrial ..............38

Asian Paints ..................................38

Kapci Coatings ..............................38

Axalta ................... 10, 14, 28, 38, 98

Kayalar Kimya ..............................38

Sherwin-Williams .................... 14, 38

BASF ....................................... 14, 38

Benjamin Moore ...........................38

Kikusui chemical ..........................38

Sto Corp. ......................................14

Boero Group .................................38

Cloverdale Paint ............................38

Tiger Coatings ...............................38

Dai Nippon Toryo .........................38

National Paints .............................38

Dunn Edwards ........................ 14, 38

Noroo Paint ..................................38

Origin Electric ...............................38

This index gives the starting page for

10 | Coatings World www.coatingsworld.com

10-12 AsWeGo 0715.indd 10

THIS COUPON GOOD FOR

designed to be suitable for even

PPG Completes $5 Million

and holds a leading position in this segment in Europe.

U.S. Green Building Council

12 | Coatings World www.coatingsworld.com