Nippon Paint Co., Ltd.
Osaka, Japan
www.nipponpaint.com
PUBLIC COMPANY
HEADCOUNT: 6,000
YEAR ESTABLISHED: 1881
COATINGS REVENUES: $2.276 billion
TOTAL REVENUES: $2.396 billion
SEGMENT BREAKDOWN
• Coatings Materials: 95%
• Fine Chemicals: 5%
KEY PEOPLE
Kenji Sakai, president, representative director; Yoshio Ando,
senior managing executive officer, chief director of generic
paint business; Yoshiki Yamane, managing executive officer,
chief director of automobile paint business, director; Masao
Ohishi, executive officer, director of auto refinish business.
Nippon Paint expanded its pres- ence in the growth markets of India and China in 2008. In
the Indian market, Nippon decided to
make an investment of approximately
$100 million and acquired 31 acres of
land in Gurgaon to establish its flagship plant in India to make industrial
as well as decorative paint. The company has also invested in its greenfield manufacturing plant at Sriper-umbudur, near Chennai, which went
online in October 2008, and has an
annual capacity to make 20,000 kilo
liters of decorative paints. Nippon also
launched its Odour-less Ultra paint,
which contains near zero VOCs and
gives a matt finish. The paint will be
promoted via Nippon’s 90 exclusive
stores and 60 multi-brand outlets in
the Southern part of the country.
Nippon announced plans to double
these outlets this year.
During the year, Nippon unveiled
plans for a new plant in China in 2009
as part of a restructuring of its industrial paint production locations in that
country to increase efficiency and output
capacity. The company will spend about
$30 million on the facility, for which it
has acquired a 140,000 square meter
plot in Tianjin. It will first build a production wing for powdered paints used
on home appliances and furniture, aim-
ing to begin operations there in June.
Production facilities for related liquid
paints and resins will be built on the
same site before year’s end. ;
12
3M
St. Paul, MN
www.3M.com
PUBLIC COMPANY
HEADCOUNT: 80,000
YEAR ESTABLISHED: 1902
COATINGS REVENUES: $2.2 billion
TOTAL REVENUES: $25.3 billion
As one of the most diverse com- panies in this report, 3M man- ufacturers adhesives and
sealants, and also produces an array of
coatings, grouts and concrete sealing
products spread across seven business
units, which posted sales of $25.3 billion in sales in 2007. Coatings World
estimates 3M’s sales of coatings at
approximately $2.2 billion.
3M does over $800 million globally
in pipe coatings alone. This is mainly
powder coatings. The remaining $1.4
of revenue is made up of captive ($1
billion) and merchant coatings ($400
million) used for highway signage,
traffic markings and textile coatings.
SEGMENT BREAKDOWN
• Industrial & Transportation
• Health Care
• Safety, Security & Protection
• Consumer & Office
• Display & Graphics
• Electro & Communications
3M expanded its operations in
Singapore in 2008 when it announced
its intent to build a new facility there
to produce coatings for film-based
products used in commercial, electronic and automotive applications.
The facilitiy is due to be completed
this year.
The company also formed a partnership with Milwaukee-based Prime
Leather Finishes to manufacture and
market protective coatings for a variety of leather products. These new
products, designed to protect shoes,
furniture and other leather goods
from oil, water and other liquid stains
will feature the Scotchgard Protector
KEY PEOPLE
George Buckley, chairman, CEO and president; Joe Harlan,
executive VP, electro and communications; Michael Kelly,
executive VP, display and graphics; Jean Lobey, executive VP,
safety, security and protection services; Moe Nozarri, executive
VP, consumer and office; Brad Sauer, executive VP, health care;
Hak Cheol Shin, executive VP, industrial and transportation.
brand and be made available to both
the leather goods manufacturer and
retail markets.
During the year 3M also aquired
Meguiars Inc., which manufactures
the Meguiars brand of car care products for cleaning and protecting automotive surfaces. These products
include waxes, polishes, cleaners, conditioners and protectants. 3M’s automotive aftermarket division provides
products for auto body repair professionals and auto enthusiasts.
Products include general adhesives
coatings and sealers, paint finishing
polishes and compounds, and paint
applications systems. ;
