Coatings World - July 2016

Founded in 1979, MIDO (International Group for Modern Coatings) is a leading Egyptian company for high quality paints and coating products for a variety of applications. The company develops, produces, and distributes specialized chemical products for many areas of application in the automotive, decorative paints, wood coatings, printing inks, and other different industrial products. The company recently established three overseas branches in Kenya, Sudan and UAE. The company adopted an ambitious penetration plan to establish this new entry model and overcome a lot of logistics and trade barriers which held back the growth of Egyptian presence in these markets as a model, it will be replicated in selected markets across the region in the future within MIDO international expansion plan for the future.

Asahipen Corporation engages in the manufacture and sale of various paints and coatings, painting tools and wallpaper products in Japan. The company offers water-based, oil-based, anti-rust, spray, gloss varnish, wood, hobby craft and business paints. Asahipen Corporation markets its products through dealers, government agencies, and other outlets in China, Hong Kong, Taiwan, and southwestern Asia. The company was formerly known as Asahi Paint Company and changed its name to Asahipen Corporation in 1965. Asahipen Corporation was founded in 1940 and is headquartered in Osaka, Japan. Asahipen Groups are organized into many paint-manufacturing subsidiaries including Asahipen Corporation, Daiho Tokyo Inc., Asahipen America Inc. and in the field of UV finishing it operates Trust Inc.

PUBLIC COMPANY YEAR ESTABLISHED: 1940

REVENUE: $117 million MARKETS SERVED

• Onshore, Marine and Automotive
coatings • Decorative coatings

KEY EXECUTIVES

Takeshi Tanaka, president and chairman; Toitsu Nishigami, senior managing director, Tatsuo Nishi, managing director;

Nobuyuki Goto, managing director.

PRIVATE COMPANY YEAR ESTABLISHED: 1979 REVENUE: $103 million MARKETS SERVED

• Automotive coatings (car refinishes)

• Wood coatings • Decorative coatings

KEY EXECUTIVES

Aly Ghaly, president; Omar Ghaly, vice president; Ramy Galal, board member; Catings technical directors: Mohamed Awad, Mohamed Farouk, Sheikh Elarab Abd El Aziz, Hisham Eltoukhy.

MIDO Coatings
Alexandria, Egypt
www.midoco.com 84 Asahipen Osaka, Japan www.asahipen.jp 83

Since its beginnings in 1958, Paints and Chemical Industries (PACHIN) has been a pioneer in the Egyptian paint and coat- ings industry. Its core business is the production of various types of architectural and decorative coatings, industrial paints, printing inks and alkyd resins. The company operates three coatings manufacturing facilities worldwide: El Obour Paints & Chemical Industries, Qalubya, Egypt, decorative paints & printing inks; PACHIN Alex Factory, Alexandria, Egypt, decorative paints; PACHIN-Libya for Paints, Libya, decorative paints. The company recently launched several products, including Cristal, a glossy super acrylic paint; Shiny, a semi-gloss extra super latex; Grand, a gloss extra super latex; and Aqua Cool, a transparent acrylic varnish water base.

Since 1921, Tnemec Company Inc. has been a leading manufac- turer of high-performance architectural and industrial coatings that protect a wide range of substrates and enhance aesthetics. From water tanks and treatment plants, to manufacturing plants, industrial facilities and specialty architectural buildings, Tnemec coatings can be found protecting virtually all types of structures and buildings. Tnemec operates two manufacturing facilities in the U.S. in North Kansas City, Missouri and Baltimore, Maryland. The company currently has 263 employees.

PRIVATE COMPANY YEAR ESTABLISHED: 1958

REVENUE: $119.6 million MARKETS SERVED

• Decorative coatings • Industrial coatings • Printing Inks

KEY EXECUTIVES

Mohieddin Abdelrazek, CEO; Mahmoud El-Rifai, chairman; Raafat Abdulazim, CFO; Hussein Abdelaleem, purchasing director.

PRIVATE COMPANY YEAR ESTABLISHED: 1921

REVENUE: $120 million MARKETS SERVED

• Water tank coatings • Wastewater
coatings • Industrial coatings • Floor
coatings • Architectural coatings

KEY EXECUTIVES

Peter Cortelyou, CEO; Chase Bean, COO/ president; Steve Eiserer, CFO; Cory Brown, VP technical services; Terry Wallace, VP sales; Mark Thomas, VP marketing.