TOA Group
Bangkok, Thailand
www.toagroup.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1957
REVENUE: $290 million
MARKETS SERVED
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; and Supershield
Duraclean, developed with advance acrylic technology under the
company’s Hygenic Formula.
Dunn Edwards Los Angeles, California USA
www.dunnedwards.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1925
REVENUE: $290 million
MARKETS SERVED
• Architectural coatings
• Industrial coatings
KEY EXECUTIVES
Ken Altergott, president & CEO; Robert Hill,
ex. VP and CFO; Nicholas J. Hess, sr. VP,
operations; Mark Alling - VP, manufacturing;
Darlene Mitchell - VP/ CIO; Mark Minamyer
VP, product development QA; Timothy P.
Bosveld,VP, marketing.
Dunn-Edwards, founded in 1925, operates more than 110 stores in five western states: California, Arizona, New Mexico, 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. In June 2011 Dunn-Edwards consolidated its
manufacturing and distribution operations by opening a new paint
manufacturing facility in Phoenix, AZ. The plant has garnered
numerous awards while also greatly increasing Dunn-Edwards capacity and ability to produce paint for third parties. In May 2012,
Dunn-Edwards improved its Suprema premium interior, ultra-low
VOC, acrylic latex paint line.
47
JW Ostendorf
Coesfeld, Germany
www.jwo.com
PRIVATE COMPANY
YEAR ESTABLISHED: 1948
REVENUE: $265 million
MARKETS SERVED
KEY EXECUTIVES
Michael Ostendorf, manager; Gerald
Schaefer, manager; Martin Friedrich,
manager; Christoph Koch, director of
finance.
48
CIN Group
Maia, Portugal
www.cin.pt
PUBLIC COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $258 million
MARKETS SERVED
• Architectural coatings
• Automotive refinish
• Industrial coatings
• Protective coatings
KEY EXECUTIVES
Antonio Serrenho, honorary
chairman; Joao Serrenho,
chairman and CEO; Angelo
Machado, board member;
Fernando Jorge Ferreira, CFO;
João Machado, tech director.
Ostendorf GmbH & Co. KG (JWO) has been producing paints, varnishes, lacquers and enamels since 1948 for a variety of applications and recorded sales in 2012 of
approximately $265 million. It has its affiliates in Great Britain,
Poland, Austria, Czech Republic, Switzerland, France and Hungary. It has a production capacity of more than 500 million liters
per year and a staff of 800. It operates an integrated production
and logistics facility at its headquarters in Coesfeld where it produces paints, trim and stains in one of Europe’s most modern
paint factories. In October of 2012 J.W Ostendorf took over all
corporate shares of the French paint producer Renaulac. With
this acquisition JWO strengthens its path of profitable growth,
diversification and internationalism.
CIN (Corporação Industrial do Norte S.A.) is a Portuguese paint and coatings company, established in 1926, acting in Portugal, Spain, France, Angola, Mozambique and Cape
Verde and looking to extend its activities to other countries in Europe, Africa and South America. In 2012, sales have decreased by
12 percent from $293 to $258 million due to a severe contraction of
economic activity in Europe. Significant growth was achieved outside Europe, but still it could not offset the negative impact of European sales decrease. For several years now, CIN has been the Iberian
paint and coatings market leader and it still tops the Iberian ranking
in 2012. The main business is architectural coatings ( 56 percent),
followed by industrial ( 33 percent) and protective coatings (11per-
cent) and a smaller business unit of automotive refinish paints.
72 | Coatings World
www.coatingsworld.com
July 2013