Coatings World - July 2017

31. National Paints Factories Co.
Dubai, United Arab Emirates
national-paints.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1969
REVENUE: $481 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.

National Paints the mother company of Sayegh Group, ranks number one in the Middle East and the Arab world in both sales and production, and is considered one of the pioneer paints companies of high quality standards in paints and respective raw materials. The company owns fifteen paint and three resin plants worldwide and had originally started in Jordan, then United Arab Emirates. The factory in Sharjah is considered the biggest in the Arab World and Middle East specialized in paints production of all kinds. Other similar factories were established in, Sudan, Palestine, Kyrgyzstan, Kazakhstan, Oman, Romania, India, KSA and Egypt which is considered to be the second largest industrial complex of National Paints. In addition to several showrooms in Lebanon, Syria and Russia, National Paints also exports to over

80 countries worldwide.

32. TOA Group
Bangkok, Thailand
www.toagroup.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1957
REVENUE: $470 million
MARKETS SERVED

Architectural coatings; Marine and protective coatings; Wood coatings

KEY EXECUTIVES

Arsa Sarasin, honorary chairman; Prachak Tangkaravakoon, president; Motoo Horiguchi, senior executive VP; Rams Das Ahuja, executive VP.

TOA is the leading supplier of decorative coatings in Thailand with an estimated market share of 50 percent. The com- pany manufactures products that cater to the mid-tier and premium-tier markets. It derives 90 percent of its revenue from its home market. The TOA Group of companies includes TOA Paint Thailand, which is TOA’s 100 percent Thai-owned main base of operation; TOA-Chugoku Paint, a JV between TOA Paint Thailand and Chugoku Marine Paint; TOA Union Paint Thailand, a JV company with Japanese-based wood coatings producer Union Paint;

TOA Vietnam; Shanghai-TOA Paint; and TOA Paint Malaysia.

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

PUBLIC COMPANY; YEAR ESTABLISHED: 1946
REVENUE: $450 million
MARKETS SERVED

Aerospace Coatings; Architectural Coatings ; Floor and Protective Coatings; Industrial Coatings; Powder Coatings; Car Refinishes

KE Y 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.

34. Helios
Domzale, Slovenia
www.helios-group.eu

PUBLIC COMPANY; YEAR ESTABLISHED: 1924
REVENUE: $447 million
MARKETS SERVED

Decorative coatings; Car refinishes; Metal coatings

KEY EXECUTIVES

David Kubala and Hubert Culik CEO, Helios Group and member of board of directors; Peter Venturini, member of the board of directors, responsible for R&D, Purchase and Resins and Patrick Lichtblau, member of the board of directors, responsible for Production, I T and SCM.

Helios Group is the leading manufacturer of coatings in South Eastern Europe with approximately 3,000 employ- ees and 21 production facilities. Kansai Paint has acquired all shares of Helios Group. Under the strategic owner Kansai, Helios will represent a strong European center of innovation, know-how and business development, and will further grow its importance in European coating industry.

With the acquisition of Helios Group, Kansai Paint accelerates its growth strategy to become one of top paint producers in the world. Helios Group is a coating manufacturer with strength in different types of coatings and mainly operates in Central, Eastern and Western Europe and CIS countries. Both companies aim to expedite business growth by boosting sales further and creating synergies through the utilization of both groups’ technologies, know-how, products and sales networks.