39. Musashi Paint Co. Ltd.
Tokyo, Japan
www.musashipaint.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1958
REVENUE: $375 million
MARKET SERVED
Plastic coatings
KEY EXECUTIVES
Yumiko Fukui, president and CEO; Kiyoshi Abe, senior managing director; Tokushichi
Kidokoro, director.
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.
40. Betek Boya San. ve Tic. AS
Istanbul, Turkey
www.betek.com.tr
PRIVATE COMPANY; YEAR ESTABLISHED: 1988
REVENUE: $360 million
MARKETS SERVED
Architectural coatings ; Adhesives; Industrial coatings; Thermal insulation; Wood coatings
KEY EXECUTIVES
Gozde Akpinar , chairman of the board; Tayfun Kucukoglu, board member and GM; Mert
Erdog, VP supply chain.
Betek Boya ve Kimya Sanayi AS, whose name is the combi- nation of the first syllables of the Turkish words “Beton” (concrete) and “Teknoloji” (technology), was founded
in 1988. Betek entered the decorative paints industry in 1993
through its technological cooperation with DAW, which owns
26 percent of the company.. Betek was the first Turkish paint
company that commenced production with a European partner.
Betek has been the market leader in the industry with its multi-brand strategy which is being delivered to more than 5,000 retail
outlets. The company currently has more approximately 1,175
employees. Betek has four manufacturing facilities, three of
which are located in Turkey and one in Cairo, Egypt. Betek has
been at the forefront of adopting environmental protection and
health standards of European Community since 1993 for all its
products manufactured.
41. Shanghai Coatings
Shanghai, China
www.chinascc.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1915
REVENUE: $350 million
MARKETS SERVED
Decorative coatings; Automotive coatings; Coil coatings; Marine coatings; Plastics coatings;
Industrial coatings
KE Y EXECUTIVES
Situ Guoji, chairman; Huang Zhiyong, general manager; Huang Youwei, executive vice
general manager.
Shanghai Coatings Co. Ltd 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 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 and
Three Gorges.
42. Teknos Group Oy
Helsinki, Finland
www.teknos.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1948
REVENUE: $344 million
MARKETS SERVED
Architectural coatings; Industrial coatings
KE Y EXECUTIVES
Paula Salastie, CEO; Lassi Tirkkonen, metal coatings; Tuuka Ryynanen, R&D; Kim Smith,
industrial wood; Heli Nurminen, HRD; Arto Mannonen, architectural coatings; Frederik Calenius,
procurement; Pasi Taipalus, financial reporting; and Kalle Härkönen, operations director.
Teknos Group Oy is the leading supplier of industrial coat- ings in Scandinavia with a strong position in retail and architectural 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 completed the acquisition of Feyco Treffert, a company
specializing in wood coatings, and Schekolin AG. The acquisition
is an important part of Teknos’ growth strategy and will provide
Teknos with access to new markets in Switzerland, Malaysia and
the U.S. and strengthen its position in the wood segment globally.
Feyco Treffert had sales of approximately $80 million and has
more than 380 employess in six countries.
