Coatings World - JULY 2013

Lord Corporation
Cary, North Carolina
USA
www.lord.com

PRIVATE COMPANY YEAR ESTABLISHED: 1919 REVENUE: $355 million MARKETS SERVED

KEY EXECUTIVES

Richard McNeel, chairman, president and CEO; Jack De Leon, COO; Sharon Williams, senior VP, strategy and market development; Ed Auslander, VP, global business management.

adhesives • Industrial metal bonding adhesives • Corrosion control coatings • High performance/heat reflective coatings

Lord Corp. produces and sells general purpose and specialty adhesives and coatings. It recorded coatings and adhesives ales of approximately $355 million. Lord Fusor aftermarket adhesives are used to return vehicles to pre-accident condition and include adhesives for bonding, metals and plastics, seam sealers and acoustical foams. Lord’s industrial metal bonding adhesives can replace welds, rivets, screws, tape and other traditional fastening methods. Lord also has a line of elastomer bonding formulations that can accommodate commercially available elastomers, diverse metals and rigid plastic substrates. Lord manufactures corrosion control coatings, specifically the MetalJacket line of coatings that protects substrates against corrosion and improves bonding properties. Lord also offers heat reflective coatings.

Teknos Group Oy
Helsinki, Finland
www.teknos.com

PRIVATE COMPANY YEAR ESTABLISHED: 1948 REVENUE: $353 million MARKETS SERVED

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 UK, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in approximately 20 other European countries. In 2012 Teknos announced that it will build a paint plant in St. Petersburg, Russia. The plant will produce liquid paints and powder coatings. The plant is expected to begin operating in 2014. Teknos launched Timantti Clean, a semimatte waterborne acrylate dispersion paint for surfaces requiring high hygiene levels. Teknos also launched Teknofloor Aqua, a new waterborne single-component paint for concrete and wooden floors.

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Musashi Paint
Co. Ltd.
Tokyo, Japan
musashipaint.com

PUBLIC COMPANY YEAR ESTABLISHED: 1958 REVENUE: $350 million MARKETS SERVED

KEY EXECUTIVES Shuhei Fukui, president; Shusaku Tomisawa, director; Yutaka Soma, director.

Musashi Paint Company Co., Ltd. manufactures and dis- tributes coatings for household appliances, electronic devices, information technology devices and industrial products. It specializes in synthetic resin paints. The company provides touch feel, PRTR law adherent, water-based, UV, acrylic silicon, functional and special primer coatings, as well as coatings for molded plastics, laser etching and metal materials. In addition, it offers coatings for information/telecommunication devices, including mobile phones, laptop computers and digital cameras; coatings for household appliances, such as plasma/LCD televisions, DVD players, vacuum cleaners, refrigerators, dehumidifiers and air cleaners; and coatings for automobile devices, including navigation systems. Musashi Paint Company offers its products through dealers in Japan, Korea, Malaysia, Hong Kong, Taiwan, the UK and U.S.

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Noroo Paint Co. Ltd.
Anyang-Si, South Korea
www.noroo.co.kr

PUBLIC COMPANY
YEAR ESTABLISHED: 2006
REVENUE: $344 million
MARKETS SERVED

Noroo Paint Co., Ltd. engages in the manufacture and sale of paints and coatings worldwide. Its products include architectural coatings, which comprise natural paint, general coatings, functional coatings and Decopia; waterproof and floor coatings; decorative coatings, such as lacquers, polyurethane paints, cracking paints, wood stain, and firekeeper; primer and topcoat heavy duty coatings; and industrial coatings, including metal coatings and pattern finishes. The company also offers coating equipment; and coatings for auto refinishes and plastic finishes, as well as coil coatings. Noroo Paint Co. was founded in 2006, is headquartered in Anyang-Si, South Korea and posted sales of $344 mn in 2012. Architectural coatings account for 40 percent of sales while industrial coatings make up 16 percent and automotive refinishes 15 percent.