Shawcor
Toronto, Ontario, Canada
www.shawcor.com
Chugoku Marine Paints
Tokyo, Japan
www.cmp.com.jp
PUBLIC COMPANY
COATINGS REVENUES:
$940 billion
SEGMENT BREAKDOWN
PUBLIC COMPANY
YEAR ESTABLISHED: 1917
COATINGS REVENUES:
$936 million
SEGMENT BREAKDOWN
Bredero Shaw is the world’s largest pipe coating manufacturer with sales of roughly $940 million in 2009. In 2009, Bredero Shaw secured two
major pipe coating projects. The first was Epic Energy’s
$42 million QSN3 project in Australia and the $185 million Esso Highlands PNG LNG Project in Papua New
Guinea. One significant technology development included Bredero Shaw’s introduction of the Thermotite
Ultrafamily of proprietary new insulation systems with
unique mechanical and thermal properties for deepwater oil and gas flowlines and the development of a
portable plant capability for the division’s wrap
applied, bendable Rock Jacket concrete pipe coating. In
early 2010, Bredero Shaw announced the formation of a
joint venture to provide concrete weight coatings for offshore pipelines in the Russian Arctic. ;
Chugoku Marine Paints, Ltd. is a Japan-based com- pany engaged in the manufacture and sale of paints, as well as the provision of contract painting
services. The paint-related segment manufactures and
sells paints for ship, industrial and container uses, as well
as adhesives. In 2009, Chugoku Marine Paints (Shanghai),
Ltd., a subsidiary located in Jiading District, Shanghai,
China, completed construction of its second factory and
began operations. This factory, the companies third manufacturing plant in China following the first Shanghai factory and the Guangdong factory, was established in order
to strengthen the companies productivity and competitiveness, as well as increase customer satisfaction. The new
factory will supply paints for vessels, industrial paints for
bridges, industrial plants, steel structures, etc. and resins
for paints. ;
23
Dai Nippon Toryo
Osaka, Japan
www.dnt.co.jp
24
Kemira Oyj (Tikkurila)
Helsinki, Finland
www.tikkurila.com
PUBLIC COMPANY
YEAR ES TABLISHED: 1929
COATINGS REVENUES:
$743 million
SEGMENT BREAKDOWN
PUBLIC COMPANY
COATINGS REVENUES:
$740 million
SEGMENT BREAKDOWN
Dai Nippon Toryo Co., Ltd. operates in the paint industry primarily in Japan. DNT’s coatingsrevenuein 2009 was $743 million. It
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 large-scale bridge construction. Dai Nippon Toryo Co., Ltd.
was founded in 1929 and is headquartered in Osaka,
Japan. On August 29, 2008, Dai Nippon Toryo acquired a
67% state in Tokyo-based Daia Keiko Co., Ltd. ;
Tikkurila’s operations are divided into two business areas. Tikkurila Deco, which accounts for roughly 80% of revenues, sells decorative paints to consumers and
professionals in more than 5,000 retail sales outlets in more
than 40 countries, while Tikkurila Industrial Coatings, which
accounts for 20% of revenues, provides coating solutions to
customers in the wood and metal industries. Tikkurila is the
leading regional paints and coatings company in Finland,
Sweden and Russia. During the beginning of 2009, a new
logistics and service center was completed near Moscow.
Tikkurila expanded further into Russia when it acquired
the remaining 30% of the shares in two St Petersburg-based
paint companies from their founders and previous management. OOO Gamma Industrial Coatings is a producer of
metal industry coatings and OOO Tikkurila Powder
Coatings is a producer of powder coatings. ;
