Coatings World - JULY 2013

SK Kaken
Ibaraki-City, Japan
www.sk-kaken.co.jp

PUBLIC COMPANY YEAR ESTABLISHED: 1955 REVENUE: $857.000 million MARKETS SERVED

KEY EXECUTIVES Minoru Fujii, president; Masahide Sakamoto, executive director; Mitsuhiro Fujii, managing director.

SK Kaken Co., Ltd. manufactures and sells organic and inor- ganic water-based painting materials, synthetic resin coatings, inorganic painting and construction materials, and special finisherers. Coatings sales in 2012 were $857 million. It also offers fireproof paints, and various transformation goods and cleaning agents; and involves in the contract of fireproof and insulated construction. The company was formerly known as Shikoku Kaken Industry Co., Ltd. and changed its name to SK Kaken Co., Ltd. in 1991. SK Kaken Co., Ltd. was founded in 1955 and is headquartered in Ibaraki-City, Japan. In 2008 the company established its Chongqing office in China, Kuantan office in Malaysia and Seoul factory in Korea. In 2007 it established its Bangalore office in India, as well as a Hanoi office and Ho Chi Minh office in Vietnam.

KCC Corporation Seoul, South Korea www.kccworld.co.kr

PUBLIC COMPANY YEAR ESTABLISHED: 1958 REVENUE: $832.021 million MARKETS SERVED

KEY EXECUTIVES Mong Jin Chung, chairman; Mong Ik Chung, CEO; Yoo Sungki, executive director; Kim Jin Ho, managing director.

Korea Chemical Co., Ltd. is the largest paint producer in South Korea. The company is involved in the production of paints for automobiles, ships, containers, construction and industrial use. Paint for the marine segment is the largest segment and accounted for 25 percent of sales. Automotive OEM sales amounted to 17 percent of sales; decorative coatings accounted for 15 percent; general industrial six percent; powder coatings six percent; auto refinish four percent; and the remainder of sales is not detailed. Total sales revenue for the year was $832.021 mn. KCC’s fire-resistant paint, Firemask SQ-1350 has won certification for being a one-hour fire-resistant structure, with a minimum coating thickness of 0.7 mm, from the Korea Institute of Construction Technology.

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DuluxGroup Ltd.
Clayton, Victoria,
Australia
www.duluxgroup.com.au
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Dai Nippon Toryo Osaka, Japan www.dnt.co.jp

PUBLIC COMPANY YEAR ESTABLISHED: 1918 REVENUE: $801.072 million MARKETS SERVED

KEY EXECUTIVES Peter Kirby, chairman; Patrick Houlihan, managing director and CEO; Stuart Bloxer, executive director.

DuluxGroup consists of Paints Australia, which is Austra- lia’s leading manufacturer of premium branded decorative paints, texture, protective and wood care coatings products; Paints New Zealand, which is New Zealand’s leading manufacturer of premium branded decorative paints, texture, protective and wood care coatings products; Selleys Yates, which is Australia and New Zealand’s leading manufacturer of home improvement and garden care products; and Offshore and Other segment, which comprises Australia and New Zealand’s leading manufacturer of powder and industrial coatings. The weakness in new building approvals in Australia, and to a lesser extent New Zealand, impacted its industrial and trade-focused businesses. DuluxGroup’s premium brands are targeted at the improvement and renovation of existing homes. Excluding Selleys Yate, Dulux Group had sales of $801.072 mn.

PUBLIC COMPANY YEAR ESTABLISHED: 1929 REVENUE: $752.302 million MARKETS SERVED

KEY EXECUTIVES Fumitake Yamashita, president; Norihiro Mashima, director of finance, executive officer; Nobukazu Kawamoto, director of overseas operations; Isamu Suzuki, director of business development; Yoshinori Hirotani, director of marketing; Shin Emi, manager of industrial coatings.

Dai Nippon Toryo Co., Ltd. operates in the paint industry primarily in Japan. DNT’s coatings revenue in 2012 was $752.302 mn. The company offers various coating products, which include heavy duty, industrial, automobile, refinishing, marine, home use paints, plastics and powder. In addition, it offers its products in various fields, including electrical home appliances, housing, automobiles and information-related equipment, as well as for infrastructures, including high-rise buildings and largescale bridge construction. Dai Nippon Toryo Co., Ltd. was founded in 1929 and is headquartered in Osaka, Japan. In August 2008, Dai Nippon Toryo acquired a 67 percent stake in Tokyo-based Daia Keiko Co., Ltd.