49
Shinto Paint Co. Ltd.
Amagasaki, Japan
www.shintopaint.co.jp
PUBLIC COMPANY
HEADCOUNT: 380
YEAR ES TABLISHED: 1933
COATINGS REVENUES:
$220 million
SEGMENT BREAKDOWN
• Architectural/decorative
• Industrial maintenance
• Automotive OEM
50
Rock Paint
Osaka, Japan
www.rockpaint.co.jp
KE Y PEOPLE
Harunobu Horibe, chairman;
Akira Kubo, managing director
and technical director; Ichiro
Miyawaki, president; Minoru
Aono, senior managing director.
PUBLIC COMPANY
HEADCOUNT: 355
YEAR ES TABLISHED: 1952
COATINGS REVENUES:
$219 million
SEGMENT BREAKDOWN
• Automotive coatings
• Industrial coatings
KE Y PEOPLE
Togo Utsumi, president, representative director; Fujio Hara,
senior managing director;
Yoshio Koike, executive director.
Shinto Paint Co., Ltd. engages in the manufacture, processing, and sale of paints, adhesives, pig- ments, 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. ;
Rock Paint Co. Ltd., a Japan-based company, is engaged in the production and sale of paint prod- ucts and coating materials. Along with its subsidiaries and an associate, the company has two business
segments. The paint segment offers automobile paints,
construction paints, industrial paints, paints for canned
food, adhesives for light packaging of food products, abrading agents, polyester putty, thinners and others. The coat-ing-related segment offers coating tools such as brushes,
rollers, spray guns; tools such as color toning tools and
sanders; curing materials such as abrasive paper and tape
sheets, and coating facilities such as paint booths. ;
51
KCC
Seoul, South Korea
www.kccworld.co.kr
52
Yasar
Izmir, Turkey
www.dyo.com.tr
PUBLIC COMPANY
YEAR ES TABLISHED: 1974
COATINGS REVENUES:
$211 million
SEGMENT BREAKDOWN
• Marine & container
• Automotive
• Industrial
• Decorative
KE Y PEOPLE
Mong-Jin Chung, chairman;
Mong Ik Chung, CEO.
PRIVATE COMPANY
HEADCOUNT: xxx
YEAR ESTABLISHED: 1927
COATINGS REVENUES:
$200 million
SEGMENT BREAKDOWN
• Architectural coatings
• Industrial
• Automotive OEM
• Auto refinish
KEY PEOPLE
Hasan Denizkurdu, CEO.
Korea Chemical Co., Ltd. was established in 1974 and is now 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 ships and containers accounts for roughly
30% of revenues; paint for automobiles 20%; paint
for industrial use 15%; paint for construction use 8%;
paint for sealants 7%; paint for PVC floor materials
7%; paint for others 5% and including wholesale
paint and floor materials 7%. ;
During 2008, BASF signed an agreement with Yasar to acquire Yasar’s shares in the 50-50 joint venture Yasar BASF Automotive
Coatings Ltd., which markets automotive OEM and
refinish coatings in Turkey. In 2007, the joint venture posted sales of approximately $66 million and
had 130 employees. Yasar is now completely integrated into BASF’s global network and can offer our
customers an even wider range of services. BASF
already leads the market for automotive OEM coatings in the Turkish market through the joint venture. The headquarters of the former joint venture
moved from Izmir to Istanbul-Kavacik. ;
