Coatings World - July 2012

45TOA Group Bangkok, Thailand www.toagroup.com

PRIVATE COMPANY YEAR ESTABLISHED: 1957

REVENUE: $300 million ▲

(2010: 270mn)

MARKETS SERVED
• Architectural coatings
• Marine and protective
coatings
KEY EXECUTIVES
Arsa Sarasin, honorary chairman;
Prachak Tangkaravakoon, president;
Motoo Horiguchi, senior executive
VP; Rams Das Ahuja, executive VP.

TOA is the leading supplier of decorative coatings in Thai- land with an estimated market share of 50 percent. The company manufactures products that cater to the mid-tier and premium-tier markets. The TOA Group of companies includes TOA Paint Thailand, which is TOA’s 100 percent Thai-owned main base of operation; TOA-Chugoku Paint, a joint venture between TOA Paint Thailand and Chugoku Marine Paint; TOA Union Paint Thailand, a joint venture company with Japanese-based wood coatings producer Union Paint; TOA Vietnam; Shanghai-TOA Paint; and TOA Paint Malaysia. TOA’s product portfolio includes the recently launched Ultra Premium Generation of coatings including Supershield with self cleaning acrylic technology; TOA 7 in, a pure acrylic elastomeric wall coating which is made from high quality elastomeric acrylic technology; and Supershield Duraclean, developed with advance acrylic technology under the company’s Hy-genic Formula which provides 20 times scrub resistance.

46CIN Group Maia, Portugal www.cin.pt

PUBLIC COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $293 million
MARKETS SERVED
• Architectural coatings
• Automotive refinish
• Industrial coatings
• Protective coatings
KEY EXECUTIVES
António Serrenho, honorary chairman;
Joao Serrenho, chairmam and CEO; An-
gelo Machado, member of board; Fer-
nando Jorge Ferreira, CFO; Reinaldo
Campos, marketing director; Technical di-
rectors: João Machado, Filomena Braga,
Manuela Azevedo, José Carlos Lopes.

CIN (Corporação Industrial do Norte S.A.) is a Portuguese company that is the Iberian market leader for paint and coating products. The company was established in 1926 and is headquartered in Maia, Norte Region. In 2011 CIN generated $293 million in sales, of which more than 50 percent came from outside of Portugal (France, Spain, Italy, China, Angola and Cape Verde). 56 percent of sales were in architectural coatings; 28 percent industrial coatings; 11 percent protective coatings; and one percent automotive refinish. During the year CIN launched a new exterior paint capable of withstanding severe weather, night condensation and mold. Nováqua HD is the result of years of research and is presented as the first ever paint to come with a certificate guaranteeing its performance outside for a full seven years. Nováqua HD is a 100 percent acrylic, smooth matt exterior paint and is available in hundreds of colors.

47Shanghai Coatings Co. Ltd. Shanghai, China www.chinascc.com

PRIVATE COMPANY YEAR ESTABLISHED: 1915

REVENUE: $290 million ▲

(2010: 255mn)

MARKETS SERVED
• Decorative coatings
• Automotive coatings
• Coil coatings
• Marine coatings
• Plastics coatings
• Industrial coatings
KEY EXECUTIVES
Situ Guoji, chairman; Huang Zhiy-
ong, general manager; Huang
Youwei, executive vice general man-
ager; Wu Jinglei, vice general man-
ager; Yu Jianfeng, chief engineer.

Shanghai Coatings Co. Ltd (SCC) has 90 years of history since her predecessor Kai Lin Paint Plant, the first Chinese paint plant, was established in 1915. The company owns 13 manufacturing subsidiaries, two research institutes and six joint ventures ranging from coatings, dyes, pigments, auxiliary agents and fine chemicals. Shanghai Coatings has ranked in the top 500 in sales among Shanghai industrial companies for five years straight and is one of the top 10 enterprises in terms of results in the Chinese coatings industry. SCC also boasts China’s first coatings brand—Winged Tiger coil coatings. The company also manufactures paint under the Yanjing brand. SCC paints are widely used throughout China’s industrial and civil fields. Some customers industrial customers include Volkswagen, General Motors’ Buick, Metro lines, maglev train, Baosteel and Three Gorges.

48Dunn-Edwards Corp. Los Angeles, California/USA www.dunnedwards.com

PRIVATE COMPANY YEAR ESTABLISHED: 1925 REVENUE: $285 million ▲ (2010: 265mn)

MARKETS SERVED
• Architectural coatings
• Industrial coatings
KEY EXECUTIVES
Kenneth Edwards, CEO; Karl Alter-
gott, president and COO; Robert Hill,
executive VP and CFO; Darlene
Mitchell, VP and CIO; Monte Lewis,
VP sales; Tim Bosveld, VP marketing.

Dunn-Edwards, founded in 1925, operates more than 100 stores in five western states: California, Arizona, New Mex- ico, Nevada and Texas. It supplies architectural and industrial coatings, providing a complete line of paints and professional painting supplies to architects, designers, painting contractors, homebuilders and property managers in the Southwest; it also serves do-it-yourselfers, although professionals account for a majority of sales. During the year, Dunn-Edwards opened what it claims is the world’s first LEED-certified paint manufacturing facility. Located in Phoenix, Arizona, the $40 million, 336,000-square-foot facility was custom designed to be “green” and efficient. This ultra-modern building encompasses manufacturing, product development, quality control laboratories, a distribution center, retail outlet and office space and has gone on to receive various industry awards since its doors opened in subsequent months.