Hempel invests in first Russian paint facility
The signing of an investment agreement between Hempel and local government officials in the Russian Ulyanovsk region marks
its first Russian paint production facility.
With the signing of the investment agreement, the Hempel Group and the
Ulyanovsk authorities have sealed their
commitment to the € 23 million turnkey
project to be built close to the city of
Ulyanovsk, 893 kilometers east of Moscow.
Scheduled to start production in December 2012, the plant is meant to help
meet growing demand for Hempel coatings in the Russian market.
“This will be our first Hempel factory
in Russia,” said company CFO Kim
Junge Andersen. “We’ve had a very good
experience with our organization in Rus-
sia, and they have become well-estab-
lished in the market. This plant will
significantly increase our ability to serv-
ice our customers in the region.”
The new plant will feature the latest
in environmentally-friendly coating pro-
duction equipment technology, including
a semi-automatic powder handling sys-
tem, an automatic liquid dosing system
and a solvent recovery unit.
Designed to house raw materials and the
finished product under one roof, the one-building factory will occupy a 70,000
square meter plot. Under one-shift operation, the factory will produce 16. 3 million
liters annually. If further capacity is required,
the factory can operate with two shifts to
raise production capacity to 26 million liters.
In order to meet local and Hempel
Group environmental standards, all
floors will be sealed to prevent soil contamination in the event of a spill, or to
collect water in the event of a fire. Solvents that have been used in the production process will be recovered in a
solvent recovery unit and recycled for future use. It is estimated that this method
can recover up to 90 percent.
At present, Hempel has 310 products
available on the Russian market. With
the new factory, it is hoped that this
number will expand six fold, with a mix
of standard and specialized products for
the local market, the company said.
“Expansion in the Russian market
has been an important element in
Hempel’s business strategy,” said Kim.
“Our investment in this plant will be instrumental in meeting goals for our company as well as for our customers.”
AkzoNobel plans to split ICI
Pakistan
AkzoNobel will seek approval from the
board and shareholders of ICI Pakistan to
separate the organization’s paints and
chemicals businesses.
AkzoNobel would retain direct ma-
jority control of the paints business by
separating it into a new legal entity—
AkzoNobel Pakistan Limited—through
a de-merger process approved by the
Pakistani courts. Subsequently, AkzoNo-
bel would dispose of its entire share-
holding in the remainder of ICI Pakistan.
Index to Companies
This index gives the starting page for a department or feature with a signifi-
cant reference to a manufacturer of paint, coatings, adhesives and sealants.
Subsidiaries are indexed under their own names.
AkzoNobel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8, 10, 20, 36
BASF .............................................. 10, 18, 20, 61
BenjaminMoore .............................................. 10
Cortec Corporation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
DuPont ..................................................... 20
Florock ..................................................... 36
Hempel ......................................................8
International Paint. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36, 40
Jotun ................................................. 10, 36, 40
Keyland Polymers ............................................. 43
PPG. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10, 18, 20, 38
Sansin Corporation ............................................ 36
Sherwin-Williams. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20, 40
Sto Corp.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Tikkurila ................................................. 10, 66
XIM. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Zinsser. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
www.coatingsworld.com
May 2011
