Coatings World - July 2016

Kikusui Chemical
Nagoya, Japan
www.kikusui-chem.jp68

PUBLIC COMPANY YEAR ESTABLISHED: 1959

REVENUE: $182 million MARKETS SERVED

• Architectural coatings

KEY EXECUTIVES

Hitoshi Yamaguchi, president; Akiyoshi Nakagami, managing director; Hiroyuki Imaida, managing director; Yoshiki Tachibana, managing director.

Kikusui Chemical Industries Co. Ltd. engages in the produc- tion and sale of architectural coatings, specialty functional materials, construction materials, and civil engineering materials. The company offers ceramics, building materials, paints and crushed natural decorative material sheets. In addition, it involves in the manufacture and sale of machinery and equipment. The company was founded in 1959 and is headquartered in Nagoya, Japan. Under the slogan, “Work in Harmony with Nature, Work for the Benefit of People,” Kikusui manufactures water-based and organic-solvent-free architectural paints and uses its own methods to minimize drainage and waste generated during the production process. In addition, the company deals with natural paints from Germany and allergy-free paints from Sweden.

The company was founded in 1985 under the name Kantara Paints and Chemical Industries specializing in car refinish paints. In 2002 the company opened its current headquarters located in Port Said and changed its name to Kapci Coatings. In 2014 Kapci generated revenue of $183.7 million. Car refinishes accounted for 58 percent of sales; architectural and decorative coatings 24 percent; wood finishes accounted for 15 percent, and inks accounted for three percent. Kapci Coatings’ production facility is located on 210,000 square meters of space where the company has an annual production capacity of roughly 80,000 tons. It has recently expanded its warehouse space. The new location, specifically for emulsion paints, will be nearly 62,000 square meters.

PRIVATE COMPANY YEAR ESTABLISHED: 1985

REVENUE: $183.7 million MARKETS SERVED

• Automotive refinish • Decorative paints • Wood finishes • Resins

KEY EXECUTIVES

Mohamed Mohamed Ahmed El-Sayed, CEO; Amr Mohamed El-Sayed, commercial director; Lotfy Hassan El-Badrawy, R&D director.

67Kapci Coatings Port Said, Eqypt www.kapci.com

For its first 50 years in business, Ace was privately held. In 1976, Ace became a retailer-owned cooperative. Each store is independently owned and operated by local entrepreneurs. Today, Ace is the largest retailer-owned cooperative in the hardware industry in terms of wholesale and retail sales and strength of the brand. Ace’s 4,600 stores in all 50 states and more than 60 countries generate annual retail sales of approximately $12 billion. Headquartered in Oak Brook, IL, Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China. Ace employs approximately 4,500 corporate team members worldwide and has four regional offices, located in Raleigh, NC; Atlanta, GA; Denver, CO; and Woodridge, Illinois. The Ace Paint division generated sales of approximately $190 million in 2015.

Shinto Paint Co., Ltd. engages in the manufacture, processing and sale of paints, adhesives, pigments, synthetic fats/oils, fats/ oils, and chemicals in Japan. In addition, the company designs, implements, and supervises painting work and other various construction work, as well as related technical supervision. Further, it engages in contracting of installation work for painting facilities; and related machinery equipment, tools, and devices, as well as design and supervision of such installation work. The company provides maintenance coatings for protection against rust and corrosion to nuclear power stations, chemical plants, petroleum refinery plants, water and sewage treatment plants, and paper mills, as well as large-sized steel structures, such as ships, drilling rigs, offshore platforms, and other ocean development plants. Shinto Paint Co. was founded in 1901 and is headquartered in Amagasaki, Japan.