Coatings World - July 2009

61

Inver SpA Bologna, Italy www.inver.com

62

Tohpe Osaka, Japan www.tohpe.co.jp

PRIVATE COMPANY
HEADCOUNT: 300
YEAR ESTABLISHED: 1934
COATINGS REVENUES:
$153 million

SEGMENT BREAKDOWN

• Industrial: 95%

• Architectural/decorative: 5%

KE Y PEOPLE Giorgio Domenichini, president; Giovanni Domenichini, CEO; Gabriele Domenichini, CIO; Corrado Minghetti, operations manager and director; Matteo Roversi, CFO.

Inver S.p.A. is primarily engaged in the manufacture of industrial liquid and powder coatings with 2008 sales revenue of $153 million. The sale of powder coatings makes up about half of Inver’s sold quantities. The firm further strengthened its position as a powder coating supplier when it announced in October 2008 that it was acquiring Beckers’ powder coatings operations in Europe. Specifically, Inver acquired Becker Powder Coatings’ four European production plants located in France, UK, Poland and Italy. This acquisition will almost double the scale of Inver’s existing powder business and provides it with an excellent platform for establishing a higher profile in the European industrial coatings market. This acquisition makes Inver the fourth largest producer in the European powder market. ;

PUBLIC COMPANY
HEADCOUNT: 445
YEAR ESTABLISHED: 1915
COATINGS REVENUES:
$152 million

SEGMENT BREAKDOWN

• Paints

• Lacquers

• Adhesives

KE Y PEOPLE Tsutomu Kobayashi, president; Kazutami Kato, vice president; Hideki Kimura, managing director; Yukio Takeuchi, executive director.

Tohpe Corporation is a Japan-based manufacturer that supplies paints and other chemical products. Its paints include synthetic resin paints, lacquers, water-based paints, oil-based paints and thinners. The company’s 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.;

63

Diamond Vogel Paints Orange City, IA www.diamondvogel.com

PRIVATE COMPANY YEAR ESTABLISHED: 1926 COATINGS REVENUES: $145 million

SEGMENT BREAKDOWN

• Architectural coatings

• Industrial coatings

• Heavy duty coatings

• Traffic coatings

64

Empils Rostov-on-Don, Russia www.empils.ru

KE Y PEOPLE Drew Vogel, president and CEO; Doug Vogel, vice president, decorative; Mark Vogel, vice president, industrial.

PRIVATE COMPANY COATINGS REVENUES: $141 million

SEGMENT BREAKDOWN

• Arch./Deco coatings: 81%

• Industrial: 9%

KEY PEOPLE Sergey Nikitin, general manager; Mikhail Kryachkov, trade house director; Dmitriy Altukhov, marketing director; Elena Kuzmenko, decorative coatings.

family-owned, a is Paints Diamond Vogel Midwestern-based paint manufacturer and retail- er headquartered in Orange City, IA. The company operates seven manufacturing facilities an over 80 service center outlets. The company is a provider of liquid and powder coatings for industrial OEM applications, architectural paints fo commercial and homeowner applications, and heavy-duty protective coatings for industrial maintenance applications. Some of the latest products that have been added to Vogel’s portfolio include Pool-Cote CR chlorinated rubber pool paint for painting or repainting existing swimming pools; Finium DTM Semi-Gloss Primer/Finish, a premium heavy-duty 100% acrylic semi-gloss primer/finish; Color Interior Latex Paint Plus available in flat, eggshell and semi-gloss; and Grain Stain Semi-Transparent Water-Based Stain. ;

In 2008 the total sales volume of paints and varnishes manufactured by the Russian and Ukrainian plants of the company (ZAO Empils in Rostov-on-Don and OAO Elaks in Odessa) amounted to $141 million and increased ten percent over the year before. Increase of paint and varnish sales of the Rostov plant amounted to three percent and of the Odessa plant 86% compared with last year’s results. In volume terms the sales of Empils amounted to 74 thousand tons of paint and varnish. Empils’ products were represented in DIY-hypermarkets of large chains, such as METRO, Leroy Merlin, Castorama and HomeCenter. In October 2008 Empils introduced a new product category—paintable wallpaper—in its range of products. The original collection unde the Empils brand includes 14 design variants. ;