Coatings World - July 2011

Asahipen Corporation
Osaka, Japan
www.asahipen.jp

PUBLIC COMPANY
YEAR ES TABLISHED: 1940
REVENUE: $176,180 million
MARKETS SERVED
• Onshore coatings
• Marine coatings
• Automotive coatings
• Decorative coatings
• Adhesives
KEY EXECUTIVES
Takeshi Tanaka, president and
chairman.

Asahipen Corporation engages in the manufacture and sale of various paints and coatings, painting tools and wallpaper prod- ucts in Japan. The company offers water base, oil base, antirust, spray, gloss varnish, wood, hobby craft and business paints. Asahipen Corporation markets its products through dealers, government agencies, and other outlets in China, Hong Kong, Taiwan, and southwestern Asia. The company was formerly known as Asahi Paint Company and changed its name to Asahipen Corporation in 1965. Asahipen Corporation was founded in 1940 and is headquartered in Osaka, Japan.

Tambour Ltd.
Nethanya, Israel
www.tambourpaints.com

PUBLIC COMPANY
YEAR ESTABLISHED: 1936
REVENUE: $176 million
MARKETS SERVED
• Architectural coatings
• Industrial coatings
• Powder coatings
KEY EXECUTIVES
Michael Dayan, CEO; Eitan Weizman,
vice president, marketing; Yacov Mor,
director, R&D.

Founded in 1936, Tambour is the largest Israeli paint manufac- turer. Tambour’s sales reached $176 million in 2010. The firm operates six production facilities in Israel for architectural paints, industrial paints, powder coatings, printing inks, acrylic emulsion, resins and other coatings. Production capacity is approximately 90 million liters per year. In 2008, Tambour acquired David Powder Paint, which was number two in Israel at the time. New products launched recently include Supercryl Matt Extra White acrylic paint; Hammerton WB water-based direct-to-metal acrylic paint; Safari fine texture for interior and exterior walls; Cashmere smooth velvet-like effect for interior walls; and Glitter-Metallic Suede for interior and exterior walls.

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Inver Spa
Bologna, Italy
www.inver.com

PRIVATE COMPANY
YEAR ES TABLISHED: 1934
REVENUE: $170 million
MARKETS SERVED
• Powder coatings
• Industrial coatings
• Architectural coatings
• OEM coatings
(non automotive)

KEY EXECUTIVES Giorgio Domenichini, president; Giovanni Domenichini, CEO; Gabriele Domenichini, CIO; Corrado Minghetti, general manager; Matteo Roversi, CFO; Christian Lucano, marketing director; Marco Lelli, technical director, powder coatings; Andrea Mariocchi, technical director, liquid coatings.

Inver Spa is engaged in the manufacture of industrial liquid and powder coatings with 2010 sales revenue of $170 million. The sale of powder coatings makes up 60 percent of Inver’s sold quantities. Liquid industrial coatings sales generated 20 percent, while architectural and non-automotive OEM segments each contributed ten percent each. Back in 2008 Inver acquired Becker Powder Coatings’ four European production plants located in France, UK, Poland and Italy. This acquisition doubled the scale of Inver’s powder business and made it the fourth largest producer in the European powder market. Inver operate five production sites and three subsidiaries.

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Industrias Titan S.A.
Barcelona, Spain
www.titanlux.com

PRIVATE COMPANY
YEAR ES TABLISHED: 1917
REVENUE: $168 million
MARKETS SERVED
• Decorative coatings
• Industrial coatings
• Marine coatings
• Powder coatings
• Fine arts materials
KEY EXECUTIVES
José Farrés Pere, CEO; Jaime Car-
bonell Petit, financial general
manager; Antonio Vilaseca Mar-
tinez, technical director; and Jose
Fernández, manager for powder
coatings.

Since it was founded in 1917 in Barcelona, Industrias Titan has produced paints, enamels, varnishes, powder coatings, colors for fine arts and handicrafts, as well as ancillary products. Its present installations have a total area of 120,000 square meters and are located in El Prat de Llobregat, which is within the metropolitan area of Barcelona. It has fourteen commercial delegations, six production plants in Spain, one in Portugal and one in Morocco. In recent years Industrias Titan has focused its efforts on making its products more environmental friendly, right through from product conception to the end user stage. Many of its products have been awarded with the European Ecological Label. During the year, the company launched Titan Luxoplast Powder Fillers. The firm also launched a new interior DIY product, Titan Tile Enamel.