Coatings World - July 2016

Samhwa Paints
Industrial
Gyeonggi-do, Korea
www.spi.co.kr
38

PUBLIC COMPANY YEAR ESTABLISHED: 1946

REVENUE: $440

MARKETS SERVED

• Architectural Coatings • Floor and
Protective Coatings • Industrial Coatings
• Powder Coatings • Car Refinishes

KEY EXECUTIVES

J. Y. kim, CEO; S. Huh, COO; J.S. Oh vice president.

Samhwa Paints Industrial Co., Ltd. celebrated its 70th anniver- sary this year. At Samhwa Paints, approximately 30 percent of employees are engaged in R&D activities. Samhwa invests 4 percent of revenue in R&D, and the amount increases year after year. Through the continuous investments in R&D, the majority of products being developed and sold are as premium paints such as The Classy and Aisaengkag. Samhwa makes a wide range of products from decorative paints to paints for architectural application and performance coatings such as plastic coatings, metal coatings, automotive refinishes, electronic materials coatings, protective coatings and powder coatings. The company also produces high-tech functional paints and aims to supply develop innovative products from its state-of-the-arts facilities.

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: $475 million MARKETS SERVED

• Architectural coatings • Industrial
coatings • Automotive refinishes

KEY EXECUTIVE Soo-Kyoung Kim, CEO.

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

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 coatings, 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.

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 company currently has 2,176 employees. The factory in Sharjah specializes in paints production of all kinds. Other similar factories were established in Qatar, Sudan, Palestine, Kyrgyzstan, Kazakhstan, Oman, Romania and Egypt. In addition to several showrooms in Syria and Lebanon, National Paints also exports to more than 60 countries worldwide. Architectural/decorative comprises 36 percent of sales, general industrial 44. 7 percent, marine/yacht 1.2 percent, auto refinish 4. 4 percent, powder 3. 4 percent and wood finishes 11. 5 percent.

PRIVATE COMPANY YEAR ESTABLISHED: 1919

REVENUE: $480 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 Corporation
Cary, North Carolina
USA
www.lord.com
36

PRIVATE COMPANY YEAR ESTABLISHED: 1969

REVENUE: $498 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 and technical director; Samer Saleem Sayegh, managing director NP Group.