Coatings World - July 2015

Lord Corporation
Cary, North Carolina
USA
www.lord.com
38

PRIVATE COMPANY YEAR ESTABLISHED: 1919

REVENUE: $460 million MARKETS SERVED

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

KEY EXECUTIVES

Ed Auslander, president and CEO; Will C, Hinkston, VP, global operations development;

Tesa L. Oechsle, CFO and treasurer.

Lord Corp. produces and sells general purpose and specialty adhesives and coatings. 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 manufacturers corrosion control coat-ings, the MetalJacket line of coatings that protects substrates against corrosion and improves bonding properties. Lord also offers heat reflective coatings. Lord has 16 manufacturing facilities, eight R&D centers and 90 sales and support centers worldwide.

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 and wood stain; 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. The company was founded in 2006 and employs 650 people. Architectural coatings account for 43. 5 percent of sales while industrial coatings make up 24. 5 percent, automotive refinishes 14.2 percent and others comprising 17. 8 percent.

PUBLIC COMPANY YEAR ESTABLISHED: 2006

REVENUE: $461 million
MARKETS SERVED

• Architectural coatings • Industrial coatings • Automotive refinishes

KEY EXECUTIVES

Soo-Kyoung Kim, CEO

37Noroo Paint Co. Ltd. Anyang-Si, South Korea www.noroo.co.kr

Samhwa Paints Industry achieved a record revenue of about $499 million in sales and $33 million in operating profit last year. Samhwa is investing around four to fiver percent of revenue in R&D with spending also increased year by year. Through this constant R&D investment, innovative products are being developed, such as high functional architectural premium paints The Classy and Sketch Paints. Its most successful achievements in the last year is “the complete the framework of a world-class safety culture.” Sung Huh, COO, who took office early last year, said the company has achieved zero accidents through compliance with the Safety Process. A behavior-oriented safety culture was built to expand the activity with the basic safety campaign such as guiding and observing safety rules and wearing protective gear.

National Paints, the mother company of Sayegh Group, ranks number one in the Middle East and Arab world in both sales and production The company owns fourteen paint factories and three resin plants worldwide and originally started in Jordan then United Arab Emirates. The factory in Sharjah specializes in paints production of all kinds. Other similar factories were established in Qatar, Sudan, Palestine, Kyrgyzstan, Kazakh-stan, Oman, Romania and Egypt. In addition to several showrooms in Syria and Lebanon, National Paints also exports to over 60 countries worldwide. Architectural/decorative comprises 35. 4 percent of sales, general industrial 44. 4 percent, marine/yacht 1.3 percent, auto refinish 3. 75 percent, powder 3. 7 percent, wood finishes 10. 8 percent and PVC 0.65 percent.

PUBLIC COMPANY YEAR ESTABLISHED: 1946

REVENUE: $499

MARKETS SERVED

• Architectural Coatings • Waterproof &
Floor Coatings • Industrial Coatings
• Powder Coatings • Car Refinishes

KEY EXECUTIVES

J.S. Oh, executive representative; K. B.

Ryu, factory director; I. S. You, PCM division director; S. J. Kim, chief of development center.

Samhwa Paints
Industrial
Gyeonggi-do, Korea
www.spi.co.kr

PRIVATE COMPANY YEAR ESTABLISHED: 1969

REVENUE: $514 million MARKETS SERVED

• Decorative coatings • Powder coatings • Protective/Marine coatings • Automotive coatings • Wood finishes

KEY EXECUTIVES

Michael Faeq Sayegh, chairman, NP Group;

Ibrahim Faeq Sayegh, vice chairman NP Group; Samar Saleem Sayegh, managing director NP Group; Faeq Michael Sayegh, board member; Georgios Terzakis, GM NP Group Commercial.