Coatings World - July 2015

Teknos Group Oy
Helsinki, Finland
www.teknos.com46

PRIVATE COMPANY YEAR ESTABLISHED: 1948

REVENUE: $322,410 million MARKETS SERVED

• Architectural coatings • Industrial coatings

KEY EXECUTIVES

Paula Salastie, CEO; Pekka Rantamäki, acquisitons and corporate planning; Lassi Tirkkonen, metal coatings; Kim Smith, industrial wood; Arto Mannonen, architectural coatings;

Jari Schneider, technology and purchase.

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. The company recently acquired a 40 percent minority share in Manfield Chemical (Changzhou) Co. Ltd. paint factory located in Changzhou, China. Manfield Chemical has been the local contract supplier of industrial coating products for Teknos in China since 2011. The annual capacity of the paint factory in Changzhou is approximately 2,500 tons. The new company operates under the name Manfield Teknos Chemical (Changzhou).

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.

PUBLIC COMPANY YEAR ESTABLISHED: 1945

REVENUE: $344.059 million MARKETS SERVED

• Decorative coatings • Industrial coatings • Marine and protective coatings • Automotive

KEY EXECUTIVES

Ki-suk Woo, chairman and CEO; Gyeong Tai Shin, president; Managing directors: Sang Kun Lee; Jae Hui Kim; Dong Hyeon Cho; Seung Hwan Shin.

45Kunsul Chemical Industrial Co. Ltd. Pusan, South Korea
www.jebi.co.kr

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.

Shanghai Coatings Co. Ltd (SCC) has 90 years of history since its predecessor Kai Lin Paint Plant, the first Chinese paint plant, was established in 1915. The company owns 13 manufacturing subsidiaries, two research institutes and six joint ventures ranging from coatings, dyes, pigments, auxiliary agents and fine chemicals. Shanghai Coatings has ranked in the top 500 in sales among Shanghai industrial companies for five years straight and is one of the top 10 enterprises in terms of results in the Chinese coatings industry. SCC also boasts China’s first coatings brand—Winged Tiger coil coatings. The company also manufactures paint under the Yanjing brand. SCC paints are widely used throughout China’s industrial and civil fields. Some customers industrial customers include Volkswagen, General Motors’ Buick, Metro lines, maglev train, Baosteel and Three Gorges.