Coatings World - JULY 2013

Nihon Tokushu
Toryo Co. Ltd.
Tokyo, Japan
www.nttoryo.co.jp

PUBLIC COMPANY YEAR ESTABLISHED: 1929 REVENUE: $342 million MARKETS SERVED

Nihon Tokushu Toryo Co., Ltd. is a Japan-based manufac- turing company that operates in two business segments. The Paint-related segment manufactures and sells paints and soundproof materials. This segment is also involved in the paint-related and soundproof material-related construction work. The Automobile Product-related segment manufactures and sells automotive soundproof materials, such as damping materials, acoustic absorbents and sound insulators, as well as antirust materials. Additionally, the segment is also engaged in the research and development of automobile acoustics. The Company has nine subsidiaries and ten associated companies in Japan, as well as overseas markets, including the U.S., Thailand, China and Singapore. The company was founded in 1929, is headquartered in Tokyo and recorded sales of $342 mn in 2012.

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

PUBLIC COMPANY YEAR ESTABLISHED: 1945 REVENUE: $324 million MARKETS SERVED

Kunsul Chemical Industrial Co., Ltd. offers a range of prod- ucts, 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.

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Flugger Group Roedovre, Denmark www.flugger.com
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Tiger Coatings Wels, Austria www.tiger-coatings.com

PUBLIC COMPANY YEAR ESTABLISHED: 1785 REVENUE: $323.4 million MARKETS SERVED

KEY EXECUTIVES Soeren Peschardt Olesen, CEO; Paul Wulff, CFO; Claus Bjoern, group sales director; Steen Hoff, group supply chain director; Ulf Schnack, group manager and main shareholder.

PRIVATECOMPANY YEAR ESTABLISHED: 1930 REVENUE: $297 million MARKETS SERVED

KEY EXECUTIVES Kurt Berghofer, CEO; Clemens Steiner, CEO; Reinhold Freiseisen, CFO; Christian Ebenberger, marketing director; Technical directors: Gerd Schlager and Thomas Schmidt.

Flügger Group is one of Scandinavia’s largest suppliers of deco- rative paint, wood stain, wallcoverings, paint tools and clean- ing articles. Flügger Group is represented by Flügger shops in Denmark, Norway, Sweden, Iceland, Poland and China. Its subsidiary DAY-system contributes with sales from 214 shops in Denmark, Norway and Sweden. Another company, PP Mester Maling, has 41 shops in Denmark. The company has five factories; the two main ones are in Kolding, Denmark and Bollebygd, Sweden. Here Flugger produces paint, wood stain, fillers and chemical products. In Kolding it produces 20 million liters of water-based paints per year. In Bollebygd, Flugger produces 24 million liters of both water-based and turpentine-based paint per year. With origins that date back to 1785, the company generated sales of $323.4 mn in 2012.

Tiger Coatings produces powder coatings for industrial ap- plications and lacquers for the DIY market. Its powder coatings are used in a wide variety of markets such as architecture, automotive, construction and furniture. Tiger Coatings offers products such as Tiger Drylac Powder Coatings and Tiger Inkjet Inks. The company markets its products in Austria, Egypt, Brazil, China, Canada, Mexico, the U.S., Vietnam, Belarus, Bosnia and Herzegovina, Bulgaria, Denmark, Germany, India, Croatia, Latvia/ Lithuania, the Netherlands, Poland, the Russian Federation, Switzerland, Serbia and Montenegro, Slovenia, Spain, South Africa, Taiwan, Thailand and Ukraine. Tiger Coatings was founded in 1930 and is based in Wels, Austria with manufacturing facilities in Austria, Egypt, Brazil, China, Canada, Mexico, the U.S. and Vietnam.