Beckers
Hoganas, Sweden
www.becker.se
PRIVATE COMPANY
COATINGS REVENUES: $1.075 billion
TOTAL REVENUES: $1.075 billion
Beckers is wholly owned by Lindéngruppen AB and devel- ops, produces and markets customized, environmentally adapted
solutions for pre-coated coil and industrial equipment, special design finishes for consumer electronic devices, and
wood finishes for the wood industry.
Beckers’ ColArt division develops, produces and markets art materials.
Operations are divided into three
business areas. Group revenue in 2009
amounted to $1.075 billion.
Becker Industrial Coatings is the
European market leader in coil coating,
used to precoat steel and aluminium for
subsequent forming without damage to
20
Asian Paints Limited
Mumbai, India
www.asianpaints.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1942
COATINGS REVENUES: $1.059 billion
TOTAL REVENUES: $1.059 billion
SEGMENT BREAKDOWN
the finish. It is also a major supplier of
industrial finishing systems for metals
and plastics.
Becker Acroma develops, produces
and markets customized, environmentally adapted solutions for the
global wood finishing industry.
ColArt produces and markets many
of the world’s top brands of fine art
materials; and helps artists, school
children, hobbyists and all others
interested in arts and crafts around
the world give color to their creativity.
In 2009, Beckers Industrial Coatings
Holdings AB and MatOx Oy have
entered into a three-year research and
development collaboration. Under the
SEGMENT BREAKDOWN
• Architectural/Decorative: 90%
• Industrial & Automotive: 10%
KEY PEOPLE
Jenny Linden Urnes, chairman; Erik Urnes, CEO; Mats
Hansson, CFO; Ralph Kabalo, business area manager,
Becker Industrial Coatings; Kaj Brandt; business area
manager, Becker Acroma; Thomas Brautigam, business
area manager, ColArt.
terms of this agreement, MatOx will
use computational approaches to
design new and unique coatings products with controllable functionality,
which Beckers will have the option to
bring to market. MatOx, the wholly
owned Finnish subsidiary of UK-based
MatOx Ltd., will work with academic
staff at Helsinki University of
Technology to develop and apply computational modeling and simulation in
the design of new materials. MatOx
will be focusing on several projects
directly related to “smart” coatings,
such as self-cleaning behavior or physical properties that change in response
to external stimuli. ;
KEY PEOPLE
Ashwin Choksi, chairman; Ashwin Dani, vice chairman
and managing director; PM Murty, CEO; KBS Anand,
president, architectural, India; Vivek Subramanian, vice
president, industrial, India; Jalaj Dani, president, international operations.
Asian Paints is India’s largest paint company and ranked among the top ten decorative
coatings companies in the world
with sales of $1.059 billion in 2009.
Sales came largely from the company’s
architectural and decorative operations (90%) while its automotive and
industrial coatings sales (10%) made
up the remaining.
Asian Paints along with its sub-
sidiaries have operations in 17 coun-
tries across the world with 23 paint
manufacturing facilities, servicing
consumers in 65 countries through
Berger International, SCIB Paints –
Egypt, Asian Paints, Apco Coatings
and Taubmans.
During the year, Asian Paints also
launched Premium Semi Gloss Enamel
(PSGE). According to the company, it is
India’s first water-based enamel. It has
zero solvent odor, low levels of VOCs and
dries quickly. Other than having all
other functional properties of enamels, it
is also EN71 certified, which makes it a
product with low metallic content.
Also on the new product front, to cater
to higher sheen requirements of consumers in interiors, Asian Paints
launched Royale Shyne. The other activity in the top end interior paints categotry
was the launch of Royale and Royale
Shyne with Teflon surface protector. ;
