Coatings World - July 2012

41Teknos Group Oy Helsinki, Finland www.teknos.com

PRIVATE COMPANY YEAR ESTABLISHED: 1948 REVENUE: $344 million ▲ (2010: 285mn)

MARKETS SERVED
• Architectural coatings
• Industrial coatings
KEY EXECUTIVES
Pekka Rantamaki, CEO; Soile
Haavisto, financial director; Raimo
Anjala, managing director.

Teknos Group Oy is the leading supplier of industrial coat- ings in Scandinavia with a strong position in retail and ar- chitectural coatings too. Teknos is one of Finland’s largest family-owned businesses. Group companies operate in Scandinavia, Germany, the United Kingdom, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in about twenty other European countries. In 2011, Teknos started local production of paints in China in Changzhou, in cooperation with a local partner. Also in 2011, Teknos opened a new sales office in Vietnam. The main client base for Teknos in Vietnam is local manufacturers of wood products for industry, such as joinery companies and furniture manufacturers. In Russia, the sales of joint venture Teknos Deko continued to grow and also saw a growth in market share. 2011 also saw the start-up of the new IFS ERP system that was deployed in Finland at the start of the year.

42Fujikura Kasei Co. Ltd. Tokyo, Japan www.fkkasei.co.jp

PUBLIC COMPANY YEAR ESTABLISHED: 1938

REVENUE: $326 million ▲

(2010: 298mn)

MARKETS SERVED
• Plastic coatings
• Architectural coatings
• Automotive coatings
KEY EXECUTIVES
Yoshiaki Hasegawa, chairman and
CEO; Joji Washino, president and
COO; Yuzo Saisu, senior managing di-
rector; Satoshi Yamashita, senior VP;
Shigeru Takahashi, senior VP.

Fujikura Kasei offers coatings for plastics, which include automotive interior and exterior, automotive lightings, cosmetic containers and enclosures, electronic appliances, plastic hobby items and plastic sheets; architectural coatings, such as exterior and interior building materials, decorative items and housing equipment; and electronic materials. In 2008, Fujikura Kasei’s U.S.-based operation, Fujichem, Inc., purchased 100 percent of Evansville, IN-based Red Spot Paint &Varnish Co., Inc. With sales of approximately $100 million, Red Spot is primarily active in the automotive coatings sector. Red Spots joint venture partners in Korea and the UK, as well as Red Spot’s licensees and customers in South America, Australia, Europe, Singapore and China, further broaden Fujikura’s global footprint to serve the global coatings for plastics market.

43Carpoly Chemical Group Jiangmen, Guangdong Province, China www.carpoly.com

PRIVATE COMPANY
YEAR ESTABLISHED: 1993
REVENUE: $325 million ▲
(2010: 311mn)
MARKETS SERVED
• Architectural and industrial
KEY EXECUTIVES
Qiming Qiu, chairman and president; Shuchao Cao, vice chairman of
the board and group general manager; Youwei Xu, group executive
deputy general manager, secretary of the board; Binwu Ye, market-
ing director; Daimin Wang, group deputy general manager and
technical director; General division managers: Wenhua Zhao, furni-
ture coatings division; Dewu Liao, decorative coatings, retial; Lide
Xu, decorative coatings, project.

44Kunsul Chemical Industrial Co. Ltd. Pusan, South Korea www.jebi.co.kr

PUBLIC COMPANY YEAR ESTABLISHED: 1945 REVENUE: $308 million ▲ (2010: 250mn)

MARKETS SERVED
• Decorative coatings
• Industrial coatings
• Marine and protective
coatings
KEY EXECUTIVES
Sung Ho Hwang, chairman and
CEO; Gyeong Tai Shin, president;
Managing directors: Sang Kun
Lee; Jae Hui Kim; Dong Hyeon
Cho; Seung Hwan Shin.

As China’s coatings market continues to expand rapidly, domestic paint manufacturers like Carpoly Chemical Group are gaining more exposure on the world stage. Carpoly Group, founded in 1993, is today China’s largest domestic coatings manufacturer with sales of $325 million in 2011. The Carpoly Group operates four regional companies in Guangdong, Sichuan, Shanghai and Hebei provinces. Architectural sales, including decorative wood coatings, accounted for 53 percent of revenue. Sales of furniture paint in the industrial segment accounted for 45 percent of sales. Despite the challenging economic environment, Carpoly maintained a double digital growth rate of 13 percent in 2011. In addition, Carpoly celebrated during the year the the national accreditation of its Technology Center. Also, Carpoly’s Shanghai factory was successfully put into production, bringing it is closer to its customers in the East and North.

Kunsul Chemical Industrial Co., Ltd. offers a range of products, including architectural coatings for concrete, plaster, slate and cement mortar surfaces, as well as for vehicles, machinery, buildings, glass and furniture; general industrial coatings for various applications, such as wood, steel furniture, electric home appliance, machinery, engineering plastics, steel products and decorative home appliance; wood coatings for furniture, general wooden materials, and musical instruments; and powder coatings for decoration and protection, interior use, home appliances, and architectural use. It also provides plastic coatings; marine and heavy duty protective coatings for various applications, including fuel oil tank, ballast water tank, bilge well, land, marine structure, deck, and paint for ship bottom, interior, and exterior; and automotive refinishes.