79. ICA Group
Civitanova Marche, Italy
www.icaspa.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1971
REVENUE: $116,000 million
MARKET SERVED: Industrial wood coatings
ICA SpA is an Italian company founded in Civitanova Marche in 1971 and specializing in coatings for wood. The iCO divi- sion retains intact the personnel, facilities and expertise of
Salchi Wood Coatings, based in Romano D’Ezzelino. In 2016,
ICA Group’s turnover reached € 112 million, of which 54% was
generated outside Italy. The manufacture of coatings is carried
out at two production plants in Italy. Last year, the ICA group
sealed an important joint-venture agreement with Pidilite for the
distribution of its products on the Indian market as well as for
other adjacent countries such as Sri Lanka, Bangladesh, Bhutan
and Nepal. The group currently has 560 employees and more
than 10,000 clients.
80. MIDO Coatings
Alexandria, Egpyt
www.midoco.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1979
REVENUE: $113,000 million
MARKETS SERVED
Automotive coatings; Car refinishes; Wood coatings; Decorative coatings
KEY EXECUTIVE: Aly Ghaly, chairman.
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.
81. Pachin
Cairo, Egypt
www.pachin.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1958
REVENUE: $110,000 million
MARKETS SERVED
Decorative coatings; Industrial coatings; Printing inks; Alkyd resins
KE Y EXECUTIVES
Mohieddin Abdelrazek, CEO; Mahmoud El-Rifai, chairman; Mostafa Elshal, CFO; Hussein
Abdelaleem, purchasing director.
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 recently launched several products, including: Aqua Sealer 10000, an acrylic sealer based on styrene
acrylic; Fine Coat, a super latex matte paint for interior use; Tiba, a
latex paint for interior use; One, a waterborne putty based on acrylic
copolymer emulsion; Super Dyrocoat, an emulsion matte finish based
on styrene acrylic emulsion; and Glue Horse, a high quality professional water based transparent polyvinyl acetate (PVAC) white glue.
82. Russian Coatings
Yaroslavl, Russia
www.ruskraski.ru
PRIVATE COMPANY; YEAR ESTABLISHED: 1838
REVENUE: $107,350 million
MARKETS SERVED
Decorative and building materials; Automotive OEM; Car refinishes; Industrial materials;
Powder materials
KE Y EXECUTIVES
Abramov Valeriy, CEO; Savelyev Phillip, director of economic; Kolomichev Mikhail, coatings
technical director.
In 2016, Russian Coatings’ volume of production amounted to 33. 7 thousand tons (up 8. 7 percent), and the sales of paint ma- terials increased by 17. 8 percent over the previous year. Sales
growth of the industrial business unit amounted to 18. 6 percent.
Serial production of Prodecor PYRO enamel with flame retardant
efficiency of 90 minutes has gone up, and the share of water materials has increased to 5 percent. Anti-corrosive materials within Prodecor
TM expanded its scope of application. In general, the share of branded
products in the portfolio volume increased up to 69 percent. There has
been 15. 4 percent growth for sales
of auto refinish, which is due to the
expansion with the portfolio of primers, varnishes and widening of
color range of metallic enamels. Powder paints plant has increased its
sales by 25 percent and raised its market share on Russian powder
coatings market up to 10.2 percent.
Russian Coatings
powder paint
sales are +25%
