Coatings World - July 2011

Hempel A/S
Kgs. Lyngby, Denmark
www.hempel.com

PUBLIC COMPANY YEAR ESTABLISHED: 1915 REVENUE: $1.2 billion ▲ (2009: 1.1)

MARKETS SERVED • Architectural coatings • Marine and protective coatings • Container coatings • Yacht coatings • Decorative coatings

At the start of 2010 Hempel opened a new R&D center in Barcelona, Spain. The expanded center will enable Hempel to develop and customize products faster, respond to customer needs more efficiently and help customers conform to rapidly changing environmental legislation. Hempel’s R&D investment program called for the expansion of its existing laboratory in Spain.

The state-of-the-art facility in Polinyà (Barcelona) previously focused on developing Hempel’s range of antifouling coatings and developing products for Spanish customers. Now, after €2 million expansion project, the R&D Centre is able to apply its knowledge to support European businesses with protective, decorative and yacht coatings developed specifically to meet European and country legislation.

Hempel also opened a new manufacturing facility in Buk, Poland. Able to produce the company’s full range of coatings for

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Chugoku Marine Paints
Tokyo, Japan
www.cmp.com.jp

KEY EXECUTIVES Pierre Yves Jullien, group president and CEO; Kim Junge Andersen, group executive VP and CFO; Key managers: Jannik Allentoft, marine; Sueno Johnsen, protective; Lars Her-mansen, container; Christian Ottosen, yacht; Soren Nyburg Rasmussen, technical director.

the Central and Northern European market, the factory has a total capacity of 40 million liters a year and can be expanded to supply 60 million liters a year if needed. The € 25 million project was completed in nine months.

At the end of the year Hempel opened a new manufacturing facility in Guangzhou, China that includes a new research and development center, which is the third largest R&D facility within the Hempel Group. With 56,000 square meters of space, Hempel’s newest and largest factory, located in Guangzhou, China, is expected to produce more than 42 million liters of coatings per year, with a maximum production capacity of 55 million liters.

The Guangzhou factory replaces Hempel’s oldest Chinese factory in Shekou, China. Hempel’s Guangzhou factory was completed in 14 months at a cost of approximately € 22. 5 million.

PUBLICC COMPANY
YEAR ESTABLISHED: 1917
REVENUE: $1.1 billion ▲ (2009: 930M)

MARKETS SERVED
• Marine coatings
• Container coatings
• Industrial coatings
• Adhesives
KEY EXECUTIVES
Tetsuo Yamazumi, chairman; Masataka Uetake, president and CEO.

Chugoku Marine Paints, Ltd. is a Japan-based company en- gaged 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.

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 company’s third manufacturing plant in China following the first Shanghai factory and the Guangdong factory, was established in order to strengthen the company’s 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.

In terms of new technology, Seaflo Neo is a high performance TBT-free hydrolysis antifouling coating. It utilizes a special and unique polymer to deliver an ultra smooth surface and excellent self-polishing performance, thus providing long-term antifouling protection, low friction resistance and low fuel consumption. Seaflo Neo is the lowest VOC (330g/L) antifouling in the hydrolysis category, the company said.

CMP developed the Double Cylinder Friction Resistance Equipment to analyze the product’s resistance in seawater with the Tokyo University of Science and the National Maritime Research Institute. The test revealed that Seaflo Neo reduced frictional resistance by eight percent compared to conventional antifouling paints. This predicts a three to fiver percent fuel saving when Seaflo Neo is applied to ships in service.