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Top Companies Report.

Once again, Coatings World brings the industry our Top Companies Report--the only truly global ranking of the top manufacturers of paints and coatings. Our editorial staff has spent many hours researching the industry to provide you with the most accurate ranking of paint and coatings manufacturers operating in the global industry. Rankings are based on annual sales in U.S. dollars. For companies based outside the U.S., sales are translated into U.S. dollars using exchange rates from the company's fiscal closing date. For privately held companies who choose not to disclose sales figures, our staff interviews different industry sources coupled with our own research to come up with an accurate estimate of annual sales. We profiled 78 companies in this report. All have sales of $100 million or more annually. Companies marked with an asterisk in the ranking on the following page represent Coatings World's estimate. Bold companies are those making their first appearance as a Top Company. Six companies have been removed from the list this year. Dunn Edwards, Helios and Valspar due to acquisitions; Boero (less than $ 100 in revenue) and Mido and Pachin (due to the devaluation of Egypt's currency). This year we have two new companies added to the list: both from Germany.

The Top Companies Report is intended to provide our readers with a snapshot of the industry's most influential players. We hope you will come away with a clearer insight into the future of this truly global and always evolving industry. If you are a paint and coatings manufacturer with sales of $100 million or more for fiscal 2017 and would like to be included in our Top Companies Report, contact me and I will add your company to the online version.

First Timers

ADLER-Werk Lackfabrik * Frei Lacke

Take-out Companies

Boero * Dunn Edwards * Helios * Mido * Pachin * Valspar

2018 Top 20

01 PPG * 02 Sherwin-Williams * 03 Akzo-Nobel * 04 Nippon Paint * 05 RPM 06 BASF Coatings * 07 Axalta Coating Systems * 08 Kansai * 09 Asian Paints * 10 Masco * 11 Jotun * 12 Hempel * 13 DAW* 14 Berger Paints * 15 DuluxGroup * 16 Shawcor * 17 Benjamin Moore * 18 SK Kaken * 19 Cromology * 20 Chogoku Marine
2018 Top Companies

01. PPG (USA)                                 14.8 billion
02. Sherwin-Williams (USA)                    11.58 billion *
03. AkzoNobel (The Netherlands)               11.5 billion
04. Nippon Paint (Japan)                      5.43 billion
05. RPM (USA)                                 5 billion
06. BASF Coatings (Germany)                   4.75 billion
07. Axalta Coating Systems (USA)              4.4 billion
08. Kansai (Japan)                            2.943 billion
09. Asian Paints (India)                      2.59 billion
10. Masco (USA)                               2.2 billion
11. Jotun (Norway)                            2.028 billion
12. Hempel (Denmark)                          1.553 billion
13. Daw (Germany)                             1.52 billion *
14. Berger Paints (India)                     1.02 billion
15. DuluxGroup (Australia)                    939 million
16. Shawcor (Canada)                          828 million
17. Benjamin Moore (USA)                      862 million *
18. SK Kaken (Japan)                          860 million
19. Cromology (France)                        814 million
20. Chugoku Marine (Japan)                    735 million
21. Tikkurila (Finland)                       695 million
22. Dai Nippon Toryo (Japan)                  685 million
23. Beckers (Sweden)                          661 million
24. Shanghai Huayi Fine Chemical (China)      585 million *
25. Brillux (Germany)                         561 million *
26. Fujikura Kasei (Japan)                    540 million
27. Nihon Toksuhu (Japan)                     536 million *
28. Ennis-Flint (USA)                         535 million *
29. Noroo (South Korea)                       519 million
30. TOA Group (Thailand)                      503 million
31. Meffert AG (Germany)                      474 million *
32. Samhwa (South Korea)                      460 million
33. Teknos Group (Finland)                    458 million
34. National Paint Factories (Jordan)         446 million
35. Mankiewicz (Germany)                      392 million
36. Betek Boya (Turkey)                       380 million
37. Musashi Paint (Japan)                     375 million *
38. Carpoly (China)                           370 million *
39. Tiger Coatings (Austria)                  362 million
40. Flugger Group (Denmark)                   290 million *
41. SKSHU Paint (China)                       285 million *
42. Origin Electric (Japan)                   284 million
43. Kelly Moore (USA)                         282 million *
44. Karlworwag Lack-Und (Germany)             281 million
45. Pacific Paint Boysen (The Philippines)    280 million *
46. Pintuco (Colombia)                        275 million
47. Taiho (China)                             272 million
48. Blanco (USA)                              270 million *
49. Ostendorf (Germany)                       268 million *
50. Cloverdale Paint (Canada)                 258 million
51. Kangnam Jevisco (South Korea)             252 million
52. Yasar (Turkey)                            249 million *
53. Grebe Group (Germany)                     247 million *
54. Shinto Paint (Japan)                      246 million
55. Daoqum (China)                            236 million
56. Rock Paint (Japan)                        217 million *
57. Ace Paint (USA)                           215 million *
58. Bauhinia Coatings (China)                 211 million
59. Kikusui Chemical (Japan)                  205 million
60. Whitford (USA)                            200 million
61. Tambour (Israel)                          199 million *
62. Diamond Vogel (USA)                       187 million *
63. RAR Holding (UAE)                         185 million
64. Kapci (Egypt)                             182 million
65. Frei Lacke                                167 million *
66. Natoco (Japan)                            166 million
67. Sniezka (Poland)                          159 million *
68. Looser Holding (Switzerland)              149 million
69. Adler-Werk Lackfabrik                     132 million
70. Industrias Titan (Spain)                  130 million *
71. Kayalar Kimya (Turkey)                    128 million
72. ICA Group (Italy)                         125 million *
73. Tnemec (USA)                              124 million
74. Asahipen (Japan)                          121 million *
75. Russia Coatings (Russia)                  117 million
76. Tohpe (Japan)                             103 million *
77. Renner Saylerlack (Brazil)                102 million *
78. WEG (Brazil)                              100 million *

ALPHABETICAL
LISTING

57 ACE PAINT
03 AKZONOBEL
74 ASAHIPEN
09 ASIAN PAINTS
07 AXALTA COATING SYSTEMS
06 BASF COATINGS
58 BAUHINIA COATINGS
23 BECKERS GROUP
17 BENJAMIN MOORE
14 BERGER PAINTS
36 BETEK BOYA
48 BLANCO GROUP
25 BRILLUX
38 CARPOLY
20 CHOGOKU MARINE
50 CLOVERDALE
19 CROMOLOGY
22 DAI NIPPON
13 DAW
62 DIAMOND VOGEL
15 DULUXGROUP
28 ENNIS-FLINT
40 FLUGGER GROUP
26 FUJIKURA KASEI
53 GREBE
12 HEMPEL
72 ICA GROUP
70 INDUSTRIAS TITAN
12 JOTUN
49 J.W. OSTENDORF
51 KANGNAM JEVISCO
08 KANSAI
64 KAPCI
44 KARLWORWAG LACK-UND
71 KAYALAR KIMYA
43 KELLY-MOORE
59 KIKUSUI CHEMICAL
68 LOOSER HOLDING
35 MANKIEWICZ
10 MASCO
31 MEFFERT AG
37 MUSASHI PAINT
34 NATIONAL PAINT FACTORIES
66 NATOCO
27 NIHON TOKSUHU
04 NIPPON PAINT
29 NOROO
42 ORIGIN ELECTRIC
45 PACIFIC PAINT BOYSEN
46 PINTUCO
01 PPG
63 RAR HOLDING
77 RENNER SAYLERLACK
56 ROCK PAINT
05 RPM
75 RUSSIAN COATINGS
32 SAMHWA
41 SHANGHAI COATINGS
24 SHANGHAI HUAYI
  FINE CHEMICAL
16 SHAWCOR
02 SHERWIN-WILLIAMS
54 SHINTO PAINT
18 SK KAKEN
41 SKSHU PAINT
67 SNIEZKA
47 TAIHO
61 TAMBOUR
33 TEKNOS
39 TIGER COATINGS
21 TIKKURILA
73 TNEMEC
30 TOA GROUP
76 TOHPE
78 WEG
60 WHITFORD
52 YASAR


01. PPG

Pittsburgh, Pennsylvania/USA

www.ppg.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1883

REVENUE: $14.8 billion * (2016: $14.24 billion)

MARKETS SERVED

Aerospace, Architectural coatings--Americas and Asia Pacific, Architectural coatings--Europe, Middle East and Africa, Automotive OEM coatings, Automotive Refinish, Industrial coatings, Packaging coatings, Protective and Marine coatings, Specialty coatings and materials

KEY EXECUTIVES

Michael H. McGarry, chairman and CEO; Glenn E. Bost II, SVP and general counsel; Vincent J. Morales, SVP and CFO; Radhika Batra, VP, Global Supply Management; David S. Bern, VP, Science and Technology and CTO; Gregory B. Benckart, VP, Automotive Refinish, Americas; Karl H. Bergstrom, VP, PPG Architectural Coatings, Latin America and president, PPG Comex; Kevin D. Braun, VP, Industrial Coatings, Americas; Donna J. Broome, VP, Architectural Coatings, Trade, U.S. and Canada; Mark Cancilla, VP, Environment, Health and Safety; Christopher R. Caruso, VP, Information Technology; David J. Cole, VP, Architectural Coatings, U.S. and Canada; Gary R. Danowski, VP, Automotive Coatings; Jeffrey C. Davies, VP, Corporate Development; Anne M. Foulkes, VP, associate general counsel and secretary; Barry N. Gillespie, VP, Aerospace Products; Jean-Marie Greindl, SVP, Architectural Coatings and President, PPG EMEA; Michael Horton, president, PPG Asia/Pacific, and VP, Protective and Marine Coatings, Asia/ Pacific; Bryan N. lams, VP, Corporate and Government Affairs; Anup Jain, VP, Specialty Coatings and Materials; John A. Jankowski, VP and treasurer; Roald Johannsen, VP, Automotive Coatings, Europe, Middle East and Africa; Diane M. Kappas, VP, Protective and Marine Coatings, Americas; Mark C. Kelly, VP and Controller; Timothy M. Knavish, SVP, Industrial Coatings; Johann (John) F. Kolling, VP, Tax Administration; Rajesh Lall, VP Operations, Industrial Coatings and PPG Asia/Pacific; Adriana Macouzet, VP, PPG Latin America and GM, Protective and Marine Coatings, Latin America; Matthew C. Marek, VP, Automotive Coatings, Americas; Jeffrey J. Oravitz, VP, PPG Coatings Services and President, MetoKote; John R. Outcalt, VP, Automotive Refinish; Vincent Robin, VP, Automotive Coatings, Asia/Pacific; Herve Tiberghien, VP, Human Resources; Ram Vadlamannati, SVP, Protective and Marine Coatings; Jane N. Valenta, VP, Global Technical Architectural Coatings; Timothy Welsh, VP, Australia and New Zealand and GM, Architectural Coatings, Australia and New Zealand; Kenneth J. West, VP, Packaging Coatings; Max Wetzel, VP, Global Strategic Marketing, Architectural Coatings; Pauline Yuen, VP, Refinish Coatings, Asia/Pacific; Jerome Zamblera, VP, Automotive Refinish,Europe, Middle East and Africa.

PPG is recognized and respected around the world as a leading paint, coatings and specialty materials manufacturer, providing technologically advanced solutions. PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces.

PPG reported net sales of $14.8 billion in 2017. The company's 2017 full-year reported net income from continuing operations was $1.4 billion. The company spent $480 million on average R&D investment annually over the last four years.

PPG employs approximately 47,000 people worldwide. In 2017, Industrial Coatings comprised 41 percent of net sales, with Performance Coatings comprising 59 percent of net sales.

PPG's Performance Coatings and Industrial Coatings reportable segments supply coatings and specialty materials for customers in a wide array of end-use markets, including industrial equipment and components, packaging material; aircraft and marine equipment; automotive original equipment; as well as for other industrial and consumer products. In addition to supplying coatings to the automotive OEM market, PPG supplies refinishes to the automotive aftermarket. PPG also serves commercial and residential new build and maintenance markets by supplying coatings to painting and maintenance contractors and directly to consumers for decoration and maintenance. PPG operates in more than 70 countries worldwide.

PPG launched the following products in 2017:

* OLYMPIC SmartGuard stain in a pouch;

* PPG SPECTRACRON 128 industrial shop primer;

* PPG TIMELESS Paint;

* Revolutionary secondary fuel vapor barrier for transport aircraft;

* PPG next-generation PSX 805, PSX 800 coatings for steel, metal applications;

* PPG SPECTRACRON ADVANTEDGE HPP primer;

* Sigma Air Pure: improves indoor air quality;

* PPG AER0CR0N electrocoat primer: first commercial e-coat technology available to aircraft manufacturers.

Key Happenings in 2017

* Jan. 2017: Completed acquisition of DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer. Acquired certain assets of automotive refinish coatings company Futian Xinshi.

* April 2017: Purchased the remaining 50 percent ownership interest in our Asian joint venture comprising IVC (Malaysia) Sdn Bhd and IVC-OPS (Singapore) Pte. Ltd. from joint-venture partner, Omni-Plus System Pte. Ltd.

* Sept. 2017: Completed the sale of its remaining fiberglass operations to Nippon Electric Glass. With the sale of the final piece of its Glass reportable business segment, PPG is now nearly 100 percent focused on paints, coatings and specialty materials.

* Oct. 2017: Acquired The Crown Group, a U.S.-based coatings application services business.

* Jan. 2018: Acquired architectural paint and coatings wholesaler ProCoatings.

02. Sherwin-Williams

Cleveland, Ohio/USA

www.sherwin-williams.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1866

REVENUE: $11.5 billion * (2016: $7,426 billion)

(Note: Sherwin-Williams reported total revenue of $14.9 billon for fiscal 2017. However, for purposes of this report, sales of painting tools and equipment are not reported as part of coatings revenue. The above is Coatings World's estimate.)

MARKETS SERVED

Architectural coatings; Industrial coatings; Protective and marine coatings; OEM product finishes; Wood finishes; Aerospace coatings

KEY EXECUTIVES

John Morikis, chairman, president and CEO; Allen J. Mistysyn, senior vice president--finance and CFO; Mary Garceau, senior vice president, general counsel and secretary; Jane Cronin, corporate controller.

The Sherwin-Williams Company reported $14.9 billion in net sales for 2017. Minus the sale of painting tools and equipment, Coatings World estimates the company's paint and coatings sales to be approximately $11.5 billion.

Sherwin-Williams manufactures products under well-known brands such as Sherwin-Williams, Valspar, Dutch Boy, HGTV HOME by Sherwin-Williams, Krylon, Minwax, Cabot, Thompson's Water Seal and many more. With global headquarters in Cleveland, Ohio, Sherwin-Williams branded products are sold exclusively through more than 5,100 company-operated stores and facilities, while the company's other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers and industrial distributors.

Sherwin-Williams is comprised of three reportable segments: The Americas Group (60.9 percent), The Consumer Brands Group (14.4 percent) and The Performance Coatings Group (24.7 percent). The Americas Group operates the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment and floor covering in the U.S., Canada and the Caribbean. The group also manufactures and sells a wide range of architectural paints, industrial coatings and related products across Latin America through company-operated stores and dedicated dealers.

The Consumer Brands Group sells one of the industry's most recognized portfolios of branded and private-label products through retailers across North America and in parts of Europe, Australia, New Zealand and China, and also operates a highly efficient global supply chain for paint, coatings and related products.

The Performance Coatings Group sells a wide range of coatings

and finishes and sells to a growing customer base in general industrial, industrial wood, protective and marine, coil, packaging and automotive markets in more than 110 countries.

In his annual letter to shareholders, John Morikis, chairman, president and CEO said, "The Sherwin-Williams Company described in the pages of this annual report differs in many meaningful ways from the company we reported on just one year ago. With the completion of the Valspar acquisition on June 1, 2017, we are a larger, more diversified and more global enterprise. We are also a more complex and disparate company with higher balance sheet leverage. I have heard from many institutional investors over the past year that large-scale acquisitions often fail to create significant shareholder value. Based on our experience thus far, I believe our acquisition of Valspar will prove to be a convincing exception to this rule. The successful integration of Valspar will create a faster-growing, more profitable company. Since closing the acquisition, we have invested considerable effort and energy in fortifying our customer relationships, defining the right organizational structure and building momentum in every line of business."

Board and Management Changes

In April, Michael Thaman was elected to the Board of Directors and appointed to the Compensation and Management Development Committee. In December, Sean Hennessy announced his retirement after 33 years of dedicated service to the company, including 15 years as the Company's senior vice president--Finance and CFO. Sherwin-Williams' continued focus on internal talent development resulted in several leadership appointments during the year. Mary Garceau was promoted to senior vice president, general counsel and secretary. Dennis Karnstein was named president and general manager of Industrial Wood Coatings Division, Performance Coatings Group. Bruce Irussi was promoted to the position of president and general manager of General Industrial Coatings Division, Performance Coatings Group.

New Self-Cleaning Exterior Coating Sheds Dirt to Keep Properties Looking Fresh

Sherwin-Williams launched Loxon Self-Cleaning Acrylic Coating, a product specifically engineered for exterior, above-grade masonry to provide a clean and attractive look with high-performance protection. The self-cleaning formula easily sheds dirt with rain or water contact and provides advanced durability, water shedding, wind driven rain and dirt pickup resistance.

In addition to stucco, masonry and cement board, Loxon Self-Cleaning Acrylic Coating can be applied directly to bare or previously coated concrete that is at least seven days old, has a pH of 6-13 and in temperatures down to 35[degrees] Fahrenheit. Meeting the most stringent VOC regulations, the new product is available in a flat sheen in a wide range of colors at Sherwin-Williams stores in the U.S.

03. AkzoNobel

Amersterdam, the Netherlands

www.akzonobel.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1994

REVENUE: $11.46 billion * (2016: $10.66 billion)

MARKETS SERVED

Decorative paints; Marine and protective coatings; Auto and specialty coatings; and powder coatings

KEY EXECUTIVES

Thierry Vanlancker, CEO, chairman of Board of Management and Executive Committee; Maarten de Vries, CFO and member of the Board of Management and Executive Committee.

AkzoNobel reported paint and coatings sales of $11.46 billion for 2017 and has approximately 35,700 employees in more than 80 countries. North America comprises 12 percent of sales, Mature Europe 33 percent, Emerging Europe nine percent, Asia Pacific 32 percent, Latin America nine percent and Other regions five percent. Revenue breakdown by business unit for Decorative Paints is Decorative Paints Europe, Middle East and Africa--54 percent, Decorative Paints Latin America--13 percent and Decorative Paints Asia--33 percent. Revenue breakdown by business unit Performance Coatings is Marine and Protective Coatings --22 percent, Automotive and Specialty Coatings--27 percent and Industrial and Powder Coatings--51 percent.

Recent Developments:

* AkzoNobel strengthened its leading global position in performance coatings through the acquisitions of V.Powdertech business for Powder Coatings, Flexcrete Technologies Ltd. for Protective Coatings and Disa Technology (Disatech) for Specialty Coatings.

* Opened the world's most advanced and sustainable paint plant in Ashington, U.K. This will be the production center for its leading global brand, Dulux, which was also voted the healthiest brand in the UK.

* Other examples of the company's focus on strengthening the business include a 13 million [euro] investment in a new innovation hub in the U.K, and the opening of a new Performance Coatings facility in Chonburi, Thailand.

* In September, AkzoNobel was ranked number one on the Dow Jones Sustainability Index. During the year, the company put particular emphasis on increasing its energy efficiency, reducing material waste and continuing to deliver more eco-premium solutions for its customers.

Recently launched products:

Recent examples include launches in South East and South Asia, helping to build on its existing portfolio of strong brands. AkzoNobel reported that it is making particular progress in Pakistan, where it has a long history and is an important market. AkzoNobel recently launched Dulux Promise --a complete range of interior and exterior products--in Pakistan.

"Dulux Promise is our first entry into the country's mass market paints segment, so making sure we connect with consumers has been foremost in our minds," said Ruud Joosten, COO. Having already proved to be successful in other parts of Asia, it is helping the business to drive volume. In fact, it has just enjoyed the most successful launch month for any of our products in recent history. Another exciting launch in South East Asia was a series of innovative paint products with smart functionality. That's right, paint can be smart. One example of this is an upgrade of the Dulux Weathershield range --specialist paint for exterior masonry."

AkzoNobel to Sell Specialty Chemicals to The Carlyle Group and GIC for 10.1 Billion [euro]

AkzoNobel recently announced the sale of 100 percent of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of 10.1 billion [euro]. This transaction creates two focused and high performing businesses--Paints and Coatings, and Specialty Chemicals --as part of its strategy announced in April 2017. The transaction is expected to be completed before the end of 2018.

The Board of Management and the Supervisory Board concluded that a private sale to The Carlyle Group and GIC is in the best interests of AkzoNobel, Specialty Chemicals and its respective stakeholders, including employees, shareholders and customers. This is the outcome of a thorough dual-track process during which the Boards of AkzoNobel carefully considered both a legal demerger and a private sale.

The Carlyle Group has a global presence and the financial capacity to enable the Specialty Chemicals business achieve its full potential. Carlyle has extensive experience investing in chemicals, unlocking long-term potential and creating value in its portfolio companies. As a responsible investor Carlyle is focused on driving growth, job creation and long-term financial success. The firm also has a strong focus on Environmental, Social and Governance (ESG) aspects and building positive working relationships with wider stakeholders (employees, unions and local communities).

"Today is a key milestone in creating two focused, high performing businesses, to generate value for all stakeholders," said Thierry Vanlancker, CEO AkzoNobel. "We delivered on our commitment to separate the Specialty Chemicals business and did so ahead of schedule. We are very pleased to announce the sale of Specialty Chemicals to The Carlyle Group and GIC. We believe the business is well positioned to capture growth opportunities and further improve performance. Carlyle has significant experience in the chemicals industry and a proven track record when it comes to health, safety, innovation and sustainability.

04. Nippon Paint Co., Ltd.

Osaka, Japan

www.nipponpaint.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1881

REVENUE: $5.4billion * (2016: $4.3 billion)

MARKETS SERVED

Automotive coatings; Industrial coatings; Decorative coatings; Marine and Protective coatings

KEY EXECUTIVES

Hup Jin Goh, chairman of the board; Tetsushi Tado, president, representative director of the board; Manabu Minami, vice president, representative director of the board; Seiichiro Shirahata VP and director of the board; Atsushi Nagasaka, senior executive officer and director of the board; Shingo Aida, president, decorative coatings; Mitsuo Yamada, president, automotive coatings; Takeshi Shiotani, president, industrial coatings, Seiichiro Shirahata, president, marine coatings; Satoshi Nishimura, president, fine chemicals.

Nippon Paint manufactures a wide variety of paints and coatings including those for automobiles, construction, architecture, wood, steel structures, ships, metal, electrical equipment, machinery, roadways and household appliances among others. Nippon Paint is one of the largest paint manufacturers in Asia and has 33 manufacturing plants and produces more than one million tons of paint and coatings annually.

The company recently acquired Dunn-Edwards, a U.S.-based decorative coatings manufacturer and Huizhou CRF, a China-based industrial wood coatings manufacturer. Dunn-Edwards Corporation has been the leading paint manufacturer in the Southwestern United States since 1925. Huizhou CRF has strength in the industrial wood coatings where the market has been growing rapidly. These acquisition will contribute to Nippon Paint Holdings' vision of becoming a major player in the global paint market.

FY2017 Financial results

* Sales in fiscal 2017 increased by [yen] 91.2 billion year-on-year to [yen] 650.2 billion;

* In terms of organic (existing) business, sales in Asia increased 17 percent compared to the previous year, mainly in the segment of China's decorative coatings, automotive coatings and industrial coatings, where the group has its strengths in branding and sales network, etc. In addition, automotive coatings in Japan increased;

* In terms of inorganic (M&A) projects, Nippon reinforced industrial furniture paint business, acquired Huizhou CRF, in China and decorative business Dunn-Edwards in the U.S.;

* Operating profit decreased by [yen]5 billion compared to the previous year, mainly due to the impact of rising raw materials price in China.

Nippon Paint Establishes The Gennosuke Obata Fellowship At Harvard

Nippon Paint has established the Gennosuke Obata Fellowship Fund at the Harvard University Graduate School of Design (GSD). The fund will provide financial aid to GSD students from Asian countries, helping to attract, enroll, and support talented design scholars from the region as they work to become leaders in transforming the social and built environment.

"We are humbled to be able to have the opportunity to partner with Harvard University Graduate School of Design to invest into the future generation of design students through the Gennosuke Obata Fellowship. Nothing can be more rewarding than to be a small part of creating an impact or making a change in the lives of Asian students and returning home bringing with them a better future for themselves and their country," said Wee Siew Kim, CEO of NIPSEA Group.

Nippon Paint's gift of $300,000 to establish The Gennosuke Obata Fellowship Fund includes $50,000 for immediate use to benefit students at the GSD. The remainder of the gift is invested in the Harvard University endowment, leveraging these dollars for future support. As part of the Grounded Visionaries campaign, the GSD has increased the number of student fellowships by over 50 percent, and there are now 24 endowed funds expanding opportunities for talented design students.

The Harvard GSD partnership brings with it an additional program for the Regional Winners of AYDA--rewarding both from the Architecture and Interior Design categories, a six-week all-expense paid for Design Discovery program where the winners will have the privilege to learn and experience intensive studio work, lectures, workshops and field trips. Deeply immersed in a culture that are both challenging and rewarding, learning what education and work are like in design and planning professions emerging with a more profound understanding of the possibilities and the choices that lay before them.

The Gennosuke Obata Fellowship Fund represents Nippon Paint's next step in investing in these young design leaders. This is in line with its commitment to nurture the next generation of talented designers, reflected in its Asia Young Designer Award (AYDA). Launched in 2008, the event has become one of Asia's premier design award, serving as a platform to inspire architecture and interior design students to develop their skills and to network with key industry players and peers in the region.

NIPSEA Group's Inclusive Business strategy embraces the holistic approach by bridging the gap between education and poverty that essentially create the next generation of thinkers, innovators and game changers in their lives, families, communities and country. This gift is a continuation of the company's strategy to extend its reach through GSD's global presence in countries where they are present in providing designs students an opportunity to quality education and optimize the opportunity to building an inclusive economy that allows everyone to thrive.

05. RPM International Inc.

Medina, Ohio/USA

www.rpminc.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1947

REVENUE: $5 billion * (2016: $4.8 billion)

MARKETS SERVED

Roofing systems; Caulks and sealants; Flooring systems; Corrosion control coatings; Primers-sealers; Specialty paints; Hobby and craft paints; Wood stains and finishes; Rust-preventative paints

KEY EXECUTIVES

Frank C. Sullivan, chairman and CEO; Ronald A. Rice, president and COO; Edward Vorhees, Rust-Oleum Group; Terry Horan, DAP Group; Steve Knoop, Specialty Products Group; Paul Hoogenboom, Tremco Group; Reiner Eisenhut, Tremco lllbruck Group; David Dennsteadt, Performance Coatings Group.

RPM International Inc. is a multinational holding company with subsidiaries that manufacture and market high-performance coatings, sealants and specialty chemicals, primarily for maintenance, repair and improvement applications. RPM reported revenue for 2017 of $5 billion. The company employs approximately 14,000 people and has 139 facilities in 26 countries. In fiscal 2017, the company's industrial products accounted for 52 percent of its total coating sales, consumer products represented 34 percent and specialty coatings represented four percent. The Industrial segment's operating groups include Tremco, Stonhard, Carboline and Tremco illbruck. The Specialty segment's operating groups are Day-Glo, Dryvit, Mohawk and Petit. The Consumer segment's operating groups include Rust-Oleum Group, DAP, Varathane, Zinsser and Testors.

Brands Overview

RPM has a diverse portfolio with hundreds of brand name products, many of which hold the leadership position in terms of market share and sales in the markets they serve.

According to the company, brand leadership affords RPM's operating companies a number of advantages, including the ability to command premium pricing, shorten sales cycles and gain repeat purchases due to brand loyalty. The following products were recently launched:

* Carboline Carbozinc 608 HB Zinc Rich Epoxy Primer can eliminate the epoxy intermediate coat of a typical 3-coat system;

* RPM Belgium Vandex Matacryl bridge deck waterproofing system can be applied in low temperatures and is fully weather resistant in 45-60 minutes;

* Rust-Oleum RockSolid Professional Polycuramine coatings are 20 times stronger than traditional epoxy floor coatings.

RPM's Tremco Roofing's AlphaGuard bio-based polyurethane coating system was used to restore Ford Field's 340,000-squarefoot domed roof in Detroit, Michigan. Roof restoration typically costs one-third to one-half as much as replacement. After performing comprehensive diagnostics of the 14-year-old PVC single ply roof and finding minimal damage, Tremco Roofing recommended restoring the roof instead of replacing it. Spot repairs were made, the roof cleaned with the environmentally-friendly RoofTec system, and the durable AlphaGuard BIO fluid applied system installed. In addition to waterproofing the roof, AlphaGuard BIO's highly reflective topcoat can help reduce energy use as it absorbs much less heat than a traditional black roof. The project was completed in about 60 days, compared to a possible nine months for replacement.

RPM At a Glance

Key Brands:

* Rust-Oleum: No. 1 brand recognition and market share position in the U.S. and Canada in the rust-preventative, decorative, specialty and professional segments of the small-project paint category

* Varathane: No. 1 market position in Canada and No. 2 in the U.S. offering interior wood stains, finishes, wood repair and maintenance products

* Zinsser: A leader in brand recognition and market share position in the U.S. market for specialty primers and sealers and wallcovering sundries

* Pettit: The global market leader in water-based antifouling paints for the marine industry

* Stonhard: No. 1 global supplier of industrial, high-performance polymer flooring systems

* Carboline: No. 1 U.S. supplier and a leading global supplier of industrial, high-performance corrosion control coatings

Fiscal 2018 Acquisitions:

* Miracle Sealants, manufacturer of sealers and cleaners for tile and natural stone

* Whink, specialty cleaners manufacturer

* Ekspan Holdings, provider of movement control products for bridges

* Key Resin, manufacturer of polymer flooring and coating systems.

06. BASF Coatings

Muenster, Germany

www.basf-coatings.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1865

REVENUE: $4.6 billion * (2016: $3,642 billion)

MARKETS SERVED

Automotive OEM; Automotive refinish; Commercial vehicles; Industrial coatings

KEY EXECUTIVES

Dirk Bremm, president BASF Group's Coatings division; Thomas Kloster, Automotive OEM Coatings Solutions Europe; Katja Scharpwinkel, Automotive Refinish Coatings Solutions Europe; Chris Toomey, Coatings Solutions North America; Marcos Allemann, business management Decorative Paints Solutions South America; Peter A. Fischer, Coatings Solutions Asia Pacific; and Martin Jung, Surface Treatment.

BASF Coatings is a division of BASF SE. BASF's Coatings division develops, produces and markets innovative automotive coatings, automotive refinishes and industrial coatings as well as decorative paints. BASF Coatings operate sites in Europe, North America and South America as well as Asia Pacific. Within this network, the company collaborates closely with its customers all over the world. In 2017, the Coatings division achieved global sales of $4.6 billion. Europe represents 39 percent of total sales, Asia Pacific 24 percent, North America 22 percent and South America, Africa and Middle East 15 percent.

Resource-saving refinish product line under the brand names Glasurit and R-M BASF's Coatings division has launched new product lines in Europe for its Glasurit and R-M refinish paint brands that make automotive refinishing more sustainable. They are the world's first refinish products manufactured according to the certified biomass balance approach, therefore contributing to reduce CC>2 emissions.

Most recently launched new products:

* Chemetall becomes BASF's new global brand for innovative surface treatment technologies;

* BASF launches resource-saving refinish product line;

* Award-winning coating technology from BASF improves energy efficiency of vehicles;

* BASF opens new automotive coatings plant in Shanghai;

* BASF opens its first automotive coatings production plant in Thailand;

* BASF supports young spray painters as a global WorldSkills competition sponsor;

* BASF scores double win for functional coatings technology at the International Motor Show (IAA);

* BASF wins GM Supplier of the Year award;

* BASF invests $40 million in automotive coatings in North America.

BASF Opens its First Automotive Coatings Production Plant in Thailand

BASF's Coatings division recently inaugurated a new automotive coatings plant at its Bangpoo manufacturing site, Samutprakarn province, Thailand. The new plant is the first BASF automotive coatings manufacturing facility in ASEAN, and will produce solvent-borne and waterborne automotive coatings to meet growing market demand in the region.

"BASF is a trusted partner of all major automotive manufacturers around the world, with a broad competence in all coating layers," said Dirk Bremm, president of BASF's Coatings division. "The inauguration of the new plant demonstrates our commitment to meeting customer expectations for advanced coating technologies and products in ASEAN, for ASEAN."

The new production plant in Bangpoo complements the facilities at the Coatings Technical Competence Center ASEAN, which was opened in September 2015 at the same location. The technical center includes a laboratory for product development, high performance application facilities, color design, as well as a small batch production unit. The co-location of production and technical facilities enables operational efficiency and speed to market. The new plant's design not only allows BASF to offer customized service, it also has the potential for future expansion and the flexibility to adapt to new production requirements and changing industry trends.

BASF has been active in the automotive coatings industry in ASEAN for more than ten years. Today, BASF is the number one motorcycle coatings supplier in Thailand.

07. Axalta Coating Systems

Philadelphia, PA/USA

www.axaltacoatingsystems.com

PUBLICLY HELD; YEAR ESTABLISHED; 2013

REVENUE: $4.4 billion * (2016: $4.1 billion)

MARKETS SERVED

Automotive OEM; Collision repair; Industrial Coatings; Commercial Transportation

KEY EXECUTIVES

Charles W. Shaver, chairman and CEO; Robert Bryant, EVP and CFO; Michael Carr, SVP and president, Americas region, Michael Cash, SVP and president, Industrial Coatings; Michael F. Finn, SVP and general counsel and Corporate/Government Affairs and Corporate secretary; Dan Key, SVP and chief supply chain officer; Sean Lannon, VP, Corporate Finance & Global Controller; Steven Markevich, EVP and president, Transportation Coatings & Greater China; Joseph F. McDougall, EVP and president, Global Refinish and EMEA; Eduardo Nardinelli, VP and president, Global Commercial Vehicle Coatings; Tabitha Oman, assistant general counsel, Compliance & Ethics; Rajeev S. Rao, VP, Global Powder and Business Development / Strategy, Industrial Coatings; Mattias Schoenberg, VP & president, EMEA, Sobers Sethi, VP, Emerging markets; Barry S. Snyder, SVP and CTO; Lynne Sprinkle, SVP and chief human resources officer; Aaron D. Weis, VP and CIO and Willie Wu, VP and president, Greater China.

Axalta Coating Systems is a global supplier of coatings to the transportation and industrial sectors. The company posted sales of $4.4 billion for 2017. Transportation Coatings (light vehicle OEM and commercial vehicles) comprised $1,678 billion of sales and Performance Coatings (industrial and refinish) comprised $2,675 billion. The company currently employs approximately 13,300 people and has 51 manufacturing locations globally, producing liquid or powder coatings. Axalta has a total of 47 customer training facilities globally. The company made a number of acquisitions and divestitures.

Key Acquisitions:

* Ellis Paint Company;

* Century Industrial Coatings;

* Valspar Industrial Wood Coatings business;

* Spencer Coatings Group;

* Plascoat Systems Limited

Axalta has commissioned construction of a new 10,200-square-meter Australian headquarters in Marsden Park, in Western Sydney. The facility will house corporate offices, a training facility, and a warehouse and distribution center for up to 50 employees. Scheduled to open in the first quarter of 2019, the facility will serve the company's refinish and commercial vehicle customers, light vehicle OEMs, and industrial and military customers in the region.

Company Success Story

In 2017, Axalta introduced Cromax EZ waterborne basecoat to collision shops in North America. Cromax EZ rounds out Axalta's waterborne basecoat offering in North America by offering customers a choice between a highly productive waterborne basecoat, Spies Hecker Permahyd Hi-TEC, and an easy to use waterborne basecoat, Cromax EZ.

Cromax EZ is a great solution for shops who want to move to a waterborne refinish system but want something easy to use. The transition to this waterborne basecoat is seamless because EZ uses the same coat-flash application customers have already mastered with solventborne.

EASY TO MIX

In addition to spraying almost exactly as solvent basecoats, Cromax EZ is incredibly easy to mix. Easy-to-handle "no-mix" toners and a single reducer and mix ratio across all formula types and environmental conditions, regardless color being mixed, will minimize the chance of mixing or pouring errors.

Additionally, Cromax EZ's undercoats and clearcoats share a family of activators that can be applied across a wide range of application temperatures. This greatly reduces complexity for the painter while reducing a body shop's activator inventory by nearly 50 percent, saving both time and money.

EASY TO MATCH

Cromax EZ offers a full range of color tools to get the job done quickly and easily. With a chromatically sorted 5,500+ color chips and an industry-leading 3-piece tri-coat fan deck set, customers can easily find color at a glance. And, with over 24,000 formulas, state-of-the-art color tools can provide a match for any paint color, no matter the vehicle's make, model, or age.

EASY TO APPLY

By now, it's clear that Cromax EZ is extremely easy to apply, but a solvent-like application and blending process is only the start of its advantage. Cromax EZ is easy to repair, too. If during the refinish process, the basecoat is compromised by dirt or any minor mishap, EZ dries extremely hard, allowing quick and easy sanding to repair. As soon as the basecoat is matte, customers quickly sand out the defect, bridge with paint, and continue as if the defect never happened.

In the case of Cromax EZ, simple doesn't mean slow. EZ has outstanding coverage so very few colors will exceed 2.5 coats, plus EZ's harder film means no need to wait an additional 15 minutes after matte before applying clearcoat like most waterborne basecoats. Fewer coats, no added wait before clear, and quick easy repair, means lower paint consumption and faster booth cycles.

08. Kansai Paint Co., Ltd.

Osaka, Japan

www.kansai.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1918

REVENUE: $2,943 billion * (2016: $2,911 billion)

MARKETS SERVED

Automotive coatings; Decorative coatings; Industrial coatings; Marine and protective coatings

KEY EXECUTIVES

Hiroshi Ishino, president; board of directors: Kunishi Mouri, Masaru Tanaka, Koji Kamikado, Hidenori Furukawa, Jun Senoo. Shinji Asatsuma.

Operating in Japan, Europe, the U.S., Southeast Asia, India and China, Kansai Paint Co. Ltd. offers a broad range of coatings solutions for various markets. It divides its business into automotive (38 percent), industrial (25 percent), decorative (25 percent), and marine and protective (7 percent) segments.

Kansai Paint operates three automotive paint plants from its headquarters in Osaka, Japan and is the leading supplier of automotive coatings to Toyota, Suzuki, Nissan, Honda, Peugeot and Renault worldwide.

Kansai Paint acquired all shares of European coating manufacturer Helios Group. With the acquisition of Helios Group, Kansai Paint accelerated its growth strategy to become one of top paint producers in the world. Before the acquisition of Helios, Kansai already had a strong presence in Asia, Africa and Middle East, but very limited in Europe. 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. A successful acquisition provides Kansai Paint with a foothold for full-scale expansion into Europe. 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.

David Kubala, one of the two CEOs of Helios Group said: "Helios already has the sales network in European markets, with its numerous trusted brand names. We hold a strong position in industrial, car refinish and decorative coating segments. Our portfolio is similar and in some cases complementary to Kansai Paint's. Kansai has a strong commitment to R&D and innovations and Helios obtains efficient production, strong R&D department with well-skilled people and advanced equipment. For all these reasons amongst others, Helios is the right company for Kansai to expand and develop business in Europe."

Kansai Paint Group Announces First Ever EPA-Approved Anti-Mosquito Paint

Kansai Paint Group said it received approval from the U.S. Environmental Protection Agency (EPA) for its Kansai Anti-Mosquito Paint. The Kansai Anti-Mosquito Paint is designed for interior use and contains a synthetic pyrethroid insecticide. The paint has been shown to significantly reduce the presence of mosquitoes in painted areas, contributing to effective mosquito population control and reducing the spread of many mosquito-borne diseases. Formulas for all base colors have been approved for use in this product, enabling Kansai to offer a wide swath of attractive colors.

Kansai Paint Group began development of the Kansai Anti-Mosquito Paint in 2013. After several years of extensive testing, the application was officially submitted to the EPA in early 2017. Approval was secured in just over 12 months, marking a near-record authorization time for products in this industry. The Kansai Anti-Mosquito Paint is the only anti-mosquito paint that is approved by the EPA. It is currently approved in Uganda and Zambia and is expected to be available in the U.S. by summer 2018.

Contact with the active ingredient in Kansai Anti-Mosquito Paint, disables the nervous systems of mosquitos and prevents them from flying and biting. Use of the active ingredient in this product has not shown to be dangerous for humans, either by physical contact or oral ingestion. Further, presence of the active ingredient does not affect the paint's aesthetic quality, as the Kansai Anti-Mosquito Paint provides a smooth, matte finish with superior opacity and whiteness.

Production of the Kansai Anti-Mosquito Paint in the U.S. will be led by U.S. Paint, a subsidiary of the Kansai Paint Group, which was acquired in 2016. While the product has been available for limited sale around the world, approval from the EPA marks a significant advancement in the company's ability to compete in the U.S. market. EPA approval is also expected to hasten approvals abroad.

09. Asian Paints Limited

Munnbai, India

www.asianpaints.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1942

REVENUE: $2.59 billion * (2016: $2.6 billion)

MARKETS SERVED

Architectural coatings; Industrial coatings; Automotive coatings

KEY EXECUTIVES

K.B.S. Anand, MD and CEO; Amit Syngle, president architectural coatings, India; Jayesh Merchant, CFO and company secretary, president, industrial JVs India.

Asian Paints had sales of $2.59 billion for 2017. Architectural/ decorative coatings comprised 90 percent of sales and industrial and automotive coatings comprised the rest.

Asian Paints is one of the leading paint companies in India. Along with its subsidiaries, it has operations in 19 countries with 26 paint manufacturing facilities, serving consumers in more than 65 countries.

Key brands in India include for exterior walls: Apex, Ace, Apex Ultima, Apex Ultima Protek and Apex Duracast; interior walls: Royale, Royale Aspira, Royale Play, Tractor, Premium Emulsion, Apcolite and Utsav; metal surface: Utsav, Premium Enamel and wood: PU, Touchwood and Polyester.

Financial Results

"The Decorative paint business in India registered double digit volume growth in the current quarter with improved demand conditions. Material prices continued to witness an upward trend thereby exerting pressure on margins which was mitigated to an extent by the price increases taken. Good demand conditions in the Auto OEM and General Industrial business segment led to improved performance of the Automotive coatings JV (PPG-AP). The performance of Industrial Coatings JV (AP-PPG) saw an improvement in the current quarter based on good growth registered in the Powder Coatings segment.

"In the International Operations, Units in Nepal, Bangladesh and Oman witnessed good topline growth. Overall performance of the International portfolio was impacted by unfavorable demand conditions, issues around availability of forex in certain key units along with rising input price pressures across markets. Both the segments in the Home Improvement category viz. the Kitchen (Sleek) and Bath (Ess Ess) business, delivered good topline growth in the quarter," said K.B.S. Anand, managing director and CEO.

The Asian Paints Colour Academy

The Asian Paints Colour Academy is equipped with modern facilities such as fully equipped classroom with modern AA/ facilities, clean and fully equipped modern workshops for hands on trainings, inspiration area and contractor resource center in order to continually upskill existing painters into specialists. The Academy also provides vocational training to unskilled youth on basic and specialized painting techniques to enable them to develop marketable skills. The Colour Academy operates in three formats:

* Fixed Colour Academy at Mumbai, Delhi--West, Delhi--East, Bangalore, Chennai, Kolkata, Ahmedabad, Pune, Hyderabad, Cochin & Gorakhpu;

* Mobile Colour Academy at Kerala & South TN, Punjab & Chandigarh, Rest of Maharashtra, Uttar Pradesh, North East, Bihar & Jharkhand, Gujarat & West MP, East UP & East MP & Chhattisgarh, Rest of Karnataka, Coastal AP & Odisha;

* Hypermobile (earlier known as 'Royale Play trainer')

Asian Paints partnered with the National Skills Development Corporation (NSDC) to strengthen the delivery of this program to both unskilled and semi-skilled individuals. While Asian Paints provides technical know-how, prepare training content and deliver training modules; NSDC monitors, evaluates and certifies participants who complete the training program. On successful completion, participants are awarded an NSDC certification based on National Occupation Standards set by NSDC's Construction Sector Skills Council. Painter training is structured professionally and includes a mix of theoretical, practical demonstration and hands-on learning with a regular schedule of assessment to track progress. All courses delivered are aligned to NSDC's National Occupational Standards certification. All courses are certified by the Govt, of India. The contractors can undergo advanced trainings at a later stage in their city. Asian Paints has till now given NSDC certifications to 9,000 painters/contractors.

Colour Academy is now transforming itself into a pure vocational training setup delivered through a collection of modules --which together enhance specific skills. This will equip individuals with self-employable skills or develop specialist skills to provide additional painting and allied services. Going forward we plan to further expand the scope of this project.

10. Masco Corp.

Taylor, Michigan/USA

www.masco.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1929

REVENUE: $2.2 billion * (2016: $2.1 billion)

MARKETS SERVED

Architectural coatings

KEY EXECUTIVES

Keith Allman, president and CEO; Amit Bhargava, vice president, strategy and corporate development.

Masco Corp. reported net sales of $2.2 billion, representing 29 percent of total net sales for Masco. The company produces architectural coatings including paints, primers, specialty paint products, stains and waterproofing products. The products are sold in the U.S. and Canada through do-it-yourself channels under brands including Behr and Kilz. The firm's high profile Behr products are sold through The Behr Process Corporation to The Home Depot, the segment's and the company's largest company.

"In 2017, we significantly expanded our BEHR business to the professional painter, which resulted in double-digit increases in pro paint sales," Keith Allman, president and CEO of Masco stated in the company's annual report. "Partnering with The Home Depot, we also identified ways to 'win with engagement' in the do-it-yourself (DIY) aisle by offering higher levels of customer service and converting more shoppers to buyers. Liberty Hardware also implemented a 'customer first' approach with its new shower door program--marketed under the Delta brand--that allows homeowners to customize their shower door hardware to match other accessories in their bathroom. This program is just one example of how we are leveraging opportunities across our portfolio to increase sales and better serve our customers."

Behr Paint Reveals 2018 Color of the Year, "In The Moment," at Pop-Up Trend Home in New York City

Behr Paint announced its first-ever Color of the Year: In The Moment T18-15, a restorative blue-green hue honoring nature to create a soothing atmosphere. Versatile and welcoming, this grounding neutral is a serene backdrop to spaces where you unwind and recharge.

"In The Moment speaks to our society's desire to disconnect and be present," said Erika Woelfel, vice president of color and creative services at Behr. "Spruce blue, soft gray and lush green coalesce into a fresh shade that evokes a sense of sanctuary and relaxation amid our always-on lives. In The Moment crosses multiple design styles--global, coastal, modern--and pairs well with other subdued colors to create harmony for interiors or exteriors."

The BEHR 2018 Color of the Year is introduced alongside the annual BEHR 2018 Color Trends palette, a spectrum of 20 hues forecasted to influence decor and design in the year ahead. The new palette captures the ever-evolving perception of "home," which was brought to life in New York City with an experiential BEHR Pop-Up Trend Home in the iconic Grand Central Terminal.

BEHR Pop-Up Trend Home Puts 2018 Color Trends Palette on Dynamic Display

Installed in one of the city's busiest transportations hubs, the immersive Pop-Up Trend Home offers a true expression of color through a full sensory experience. Its placement in Grand Central Terminal serves as a welcomed respite for commuters to pause, be present and find calm through color. Each room is intentionally designed so that attendees can feel the emotion of the palette, evoking the mood and feeling DIYers can create when designing their own rooms.

"We know color and design decisions can be overwhelming. That's why we're celebrating the release of our 2018 Color of the Year with a completely different approach," said Jodi Allen, chief marketing officer at Behr. "We're introducing this unique color experience to New Yorkers mid-commute to show how the intentional use of fresh, tranquil color in the home can serve as an antidote to a stressful day and turn any space into your personal sanctuary."

Passersby were able to stop by New York City's Grand Central Terminal to see the home for themselves and engage with Behr color experts about upcoming DIY projects and color advice. Guests also had the opportunity to explore color through virtual reality with an immersive, 360[degrees] VR color experience video. VR headsets were available for use at the event, and the first 5,000 attendees walked away with a custom BEHR 2018 Color Trends VR experience cardboard headset.

New Hues to Inspire and Restore

People desire a personal and meaningful connection to their homes and surroundings. With In the Moment and the 2018 Color Trends palette, Behr welcomes people to practice mindfulness at home by being attentive to simplicity, curation and the intentional use of color to enhance the energy of a space. The 20 new colors serve as a catalyst to rejuvenate the spirit, inspire joy, restore balance and stimulate an overall sense of well-being. The 2018 Color Trends palette ranges from warm neutrals to daring reds and oranges.

11. Jotun AS

Sandefjord, Norway

www.jotun.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1926

REVENUE: $2,028 billion * (2015: $1.87 billion)

MARKETS SERVED

Decorative paints; Marine coatings; Protective coatings; Powder coatings

KEY EXECUTIVES

Morton Fon, president and CEO; Bard K. Tonning, decorative paints; Esben Hersve, performance coatings; Ram Ramnath, powder; Geir Boe; Bjorn Wallentin, protective.

Jotun Group is divided into seven regions--Scandinavia, Western Europe, Eastern Europe and Central Asia, Middle East, India and Africa, North-East Asia, South East Asia and Pacific and the Americas--responsible for the sale of Decorative Paints and Performance Coatings (Marine, Protective and Powder Coatings). The company has 40 production facilities in 24 countries, 64 companies in 45 countries and is represented by more than 100 countries around the world. The company has 9,789 employees. Decorative coatings comprised 41 percent of sales, marine coatings 25 percent, protective coatings 24 percent and powder coatings 10 percent.

In 2017, Jotun invested in new laboratories (in Turkey, the Czech Republic and the U.K.), the ongoing construction of factories and celebrated the completion of new factories in Malaysia, Myanmar, the Philippines and Russia. In Norway, construction is underway for the company's new head office and R&D center. The company also continues to allocate resources towards IT tools and systems to modernize the company and to build the competence of its employees.

Significant and continuous raw material cost increases throughout 2017 and early 2018 has led to a price increase in all Jotun Powder Coatings products. The increase will be up to 20 percent, depending on the specific compositions of the products. Jotun cited, the significant increases last year in titanium, polyester and epoxies, and the sharp increase in epoxies again and pigments during this first quarter of 2018 as reasons for the increase.

Jotun Australia recently launched yachting products to the Australian Yacht and Superyacht industry. Jotun has been a market leading antifouling supplier to the Australian yacht and commercial markets.

With the introduction of this complete range of purpose built yachting products now in place, Jotun Australia's Marine team can now offer a complete, single source solution for the rapidly growing Australian yacht market as well as for visiting yachts from Europe who are now often heading to South East Asia and Asia Pacific.

12. Hempel A/S

Kgs. Lyngby, Denmark

www.hempel.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1915

REVENUE: $1,553 billion * (2015: $1,575 billion)

MARKETS SERVED

Architectural; Marine and Protective coatings; Container coatings; Yacht coatings; Decorative coatings

KEY EXECUTIVES

Henrik Andersen, group president & CEO; Anders Boyer-Sogaard, EVP & CF0; Lars Petersson, EVP & COO; Michael Hansen, EVP & CC0; Peter Kirkegaard, EVP & CPC0; Marketing directors: Klaus Moeller (Protective), Christian Ottosen (Marine), Thomas C. Olsen (Yacht); Signe Muck (Group R&D).

Protective coatings supplier Hempel recorded sales of $1,553 billion in 2016. Hempel employs approximately 5,787 people, is present in more than 80 countries and has 28 factories, R&D centers and more thanl50 stockpoints around the globe.

Hempel A/S recently signed an agreement to acquire 65 percent of one of Germany's leading manufacturers of decorative paint, J.W. Ostendorf. Following closing of the transaction, JWO becomes part of the worldwide Hempel family.

The investment in JWO is a significant reinforcement in Hempel's third strategic business area--the decorative business.

"Our decorative business is relatively new and has therefore naturally been a bit overshadowed by the company's two other strategic business areas, Marine and Protective. This is now over," Hempel Group President and CEO Henrik Andersen said. "With the investment in JWO, one of the world's leading manufacturers of decorative paint, we have grown our decorative business significantly and sent a signal that we are ready to do more--in Europe and globally."

JWO has approximately 750 employees and is located in Coesfeld, North Rhine Westphalia, Germany, and in Cestas, France.

JWO is certified by LGA (derived hygiene standards for paint as for the food industry). Among other things, the production is primarily water-based, but JWO also produces solvent-based products.

JWO is a family-owned company. The former CEO and majority shareholder Michael Ostendorf and his sons Jan and Jens Ostendorf will continue to be involved in the business as shareholders. Going forward, JWO will be managed on a daily basis by Jan and Jens Ostendorf, who will be responsible for the North and South European markets respectively.

Hempel's investment in JWO is one of many made during recent years. Besides Crown Paints, Hempel has successfully acquired and integrated companies such as Schaepman (The Netherlands) and Jones Blair (U.S.) into the Hempel family.

13. DAW

(Deutsch AmphibolinWerke)

Ober-Ramstadt, Germany

www.caparol.de

PRIVATE COMPANY; YEAR ESTABLISHED: 1895

REVENUE: $1.52 billion * (2016: $1.45 billion)

MARKETS SERVED: Architectural coatings

KEY EXECUTIVES

Ralf Murjahn, CEO, Christoph Hahner, executive board member R&D.

The parent company of the Caparol Group is the Deutsche Amphibolin-Werke von Robert Murjahn Stiftung & Co. KG (DAW).

Since 1895, DAW has developed, produced and sold innovative coating systems. As an independent family company in its fifth generation, DAW has continued to grow to become the third largest manufacturer of building paints in Europe and is the market leader in Germany, Austria and Turkey. DAW has approximately 5,600 employees.

The Caparol brand is the leading brand within the DAW Group. The marketing activities are subdivided into six strategic business units. In the professional business unit high quality paints, enamels, glazes, chemical building products and materials for facades and insulation technology are marketed under the brands Caparol, Alligator and Alsecco for professional users. The building protection sector is covered by the brand DISBON and with LITHODECOR DAW SE serves the business field of curtain-wall, back-ventilated facades in glass or natural stone. Under the brand KRAUTOL a practically orientated range of products in paints and enamels is sold, mainly through building materials suppliers. The brand INTHERMO is the company's specialist for sustainable insulating materials based on wood fiber.

The product range of the brand Alpina, which is active in the DIY business unit, is mainly composed of environmentally friendly, low-VOC, easily worked and high quality decorative paints, enamels and glazes and is aimed at the end-user.

The wholesale business unit comprises an extensive range of services for the professional paint wholesalers provided by the company Caparol Marketing Service (CMS).

The industrial business unit is supported by the company Caparol Industrial Solutions whose products and services are exclusively orientated to the requirements of industrial customers.

Lastly, the Nerchau decorating and artist's paints is located in Saxony and produces high quality paints for educational, hobby and artistic requirements.

14. Berger Paints India Ltd.

Kolkata, India

www.bergerpaints.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1923

REVENUE: $1.02 billion * (2016: $933 million)

MARKETS SERVED

Decorative coatings; Automotive coatings; Industrial coatings; Powder coatings

KEY EXECUTIVES

Abhijit Roy, managing director and CEO; Srijit Dasgupta, director--finance and CFO; Aniruddha Sen, senior VP and company secretary; Tapan Dhar, vice president, technical director.

Berger Paints India Limited was founded in 1923 and is a leader in the Indian paint market. The company manufactures and markets a range of decorative and industrial paint products and has operations throughout India with seven manufacturing facilities, more than 135 depots, approximately 3,000 employees and more than 15,000 dealers. Architectural/ decorative coatings comprise 81.7 percent of sales, general industrial and automotive comprise 10.8 percent, protective coatings comprises six percent and powder is 1.5 percent of sales. Berger's paint division related to automotive coatings and related ancillaries was transferred to BNB Coatings India Private Limited (now renamed Berger Nippon Paint Automotive Coatings Private Limited), an existing joint venture between Bergen Paints and Nippon Paints Automotive Coatings,

In a recent interview with Coatings World, Managing Director and CEO Abhijit Roy spoke about the company's performance in 2017: "It was a good year for us and we achieved double digit growth in revenues and profit in spite of the disruption caused by the implementation of GST. We have a strong presence in most segments and almost all of our divisions have posted strong growth this year. This is in part due to our continued focus on our people, R&D and market-led innovation.

"Berger operates in diversified segments from decorative paints, automotive, general industrial, auto refinish, powder coatings and marine paints," he continued. "The largest growth opportunities for us would be Wall Coatings within Decorative Coatings and Protective Coatings. These are the segments on which R&D and Sales and Marketing focus largely."

15. DuiuxGroup Ltd.

Clayton, Victoria, Australia

duluxgroup.com.au

PUBLIC COMPANY; YEAR ESTABLISHED: 1918

REVENUE: $740 million * (2016: $939 million)

MARKETS SERVED

Decorative coatings; Automotive coatings; Industrial coatings; Powder coatings

KEY EXECUTIVES

Graeme Liebelt, chairman; Patrick Houlihan, managing director and CEO; Stuart Boxer, executive director.

DuluxGroup consists of Paints Australia, Australia's leading manufacturer of premium branded decorative paints, texture, protective and wood care coatings products; Paints New Zealand, New Zealand's leading manufacturer of premium branded decorative paints, texture, protective and wood care coatings products; Selleys Yates, which is Australia and New Zealand's leading manufacturer of home improvement and garden care products; and Offshore and Other segments which comprises Australia and New Zealand's leading manufacturer of powder and industrial coatings. DuiuxGroup employs approximately 4,000 people in Australia, New Zealand, Papua New Guinea, South East Asia and China and has a comprehensive, world-class, scalable manufacturing base and supply chain across 21 main manufacturing sites, 21 distribution centers and more than 120 company owned trade outlets.

Sale of China and Hong Kong Coatings Business

DGL Camel International (DuluxGroup's 51 percent owned joint venture company) has entered into an agreement to sell most of its coatings portfolio in Hong Kong and Mainland China to Yip's Chemical Holdings Limited. The sale follows a strategic review of the DGL Camel coatings portfolio.

The transaction is expected to complete late in the first half of the 2018 financial year. Taking account of trading results up to the sale, the sale transaction (including subsequent restructuring and other costs) and trading of the remainder of the business after the sale, the EBIT outcome for Hong Kong and China for FY18 is expected to be broadly in line with FY17.

The Selleys business in Hong Kong and China and a small part of the coatings portfolio will be retained. The structure and cost base of the ongoing business is being finalised, with an expectation of breakeven operating performance.

16. Shawcor

Toronto, Ontario, Canada

www.shawcor.com

PUBLIC COMPANY

REVENUE: $828 million * (2016: $890 million)

MARKETS SERVED

Pipe coatings

KEY EXECUTIVES

P.G. Robinson, chair of the board; Steve Orr, president and CEO; G.A. Tano, senior vice president, finance and CFO.

Shawcor Ltd. is a global energy services company specializing in products and services for the pipeline and pipe services segment of the oil and gas industry and related products for the petrochemical and industrial market. The company operates through a global network of fixed and mobile manufacturing and service facilities.

For a significant Argentine pipeline, Shawcor leveraged its local resources and expertise to provide a superior pipe coating system solution.

When construction of Argentina's GNEA natural gas pipeline is complete, up to 27.7 million cubic meters of natural gas per day will be transported from the Margarita Gas Field in Bolivia to Argentina's northern and central provinces. With approximately 925 miles (1,490 kilometers) of trunklines and 1,677 miles (2,700 kilometers) of branchlines required for the project, Argentina's state-owned oil company, Enarsa, needed pipe coating solutions providers with the right logistics and installation support capabilities to ensure the integrity and performance of the pipeline for its lifetime use. Due to our coating facilities near Buenos Aires and our global experience on similar projects, Shawcor was selected to provide both the coating and transmission sleeves for the entire trunkline and portions of the branchlines on the GNEA pipeline system.

With Shawcor, Enarsa will realize its goal of ensuring the long-term pipeline performance and corrosion resistance of the GNEA pipeline system. Due to Shawcor's conveniently located regional facility, which expedited the delivery of coated pipe to the project location, and its training resources, the company helped the project save time and money.

17. Benjamin Moore

Montvale, New Jersey/USA

benjaminmoore.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1883

REVENUE: $862 million * (2016: $841 million)

MARKETS SERVED

Architectural coatings; Wood coatings

KEY EXECUTIVES

Mike Searles, CEO; Dan Calkins, president and COO; Barry Toubin, chief marketing officer; Barry Chadwick, CMO; and Barry Chadwick, EVP operations.

Benjamin Moore is a leading formulator, manufacturer and retailer of a broad range of architectural coatings. The company currently employs approximately 1,600 people. The company offers ready-mixed colors, sold under such brands as Benjamin Moore Paints, Moorcraft and Coronado Paint, and can match almost any shade with more than 3,400 colors.

The company recently launched Notable Dry Erase Paint--a premium dry erase coating that can transform almost any surface into a dry erase board. Notable is made with a two-component, user-friendly formula, that is easy to erase and will not yellow over time or leave ghosting marks after erasing. Notable delivers premium performance, easy application and extended pot life, allowing more time to paint multiple or larger spaces.

Notable is recommended for professional use in interior commercial or residential spaces such as office buildings, schools and universities, homes and more. Suitable for

use on a variety of surfaces including painted walls, wood, glass, metal and laminate, Notable can be applied to almost any surface where great minds ideate and innovate. The proprietary, two-component formula is CDPH v.1 emission certified and qualifies for CHPS and for I.EED v4 low-emitting materials credit.

18. SK Kaken

Ibaraki-City, Japan

www.sk-kaken.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1955

REVENUE: $860 million * (2016: $846 million)

MARKETS SERVED

Specialty coatings; Textured coatings; Architectural paints; Industrial coatings; Floor and roof coatings; Fire retardant and heat insulating coatings

KEY EXECUTIVES

Minoru Fujii, chairman; Mitsuhiro Fujii, president; and Masahide Sakamoto, senior managing director.

SK Kaken Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of architectural coatings and insulating refractory materials. The company operates in three business segments. The architectural coatings segment is engaged in the manufacture and sale of organic and inorganic aqueous coatings, synthetic resin coatings, inorganic coatings and inorganic building materials. The insulating refractory materials segment is engaged in the manufacture and sale of heat insulation materials, fire-retardant and insulating coatings, as well as fireproof paints. According to the Japan Building Coating Materials Association (2015), SKK provides 53 percent of building coating materials in Japan. The company has approximately 1,782 employees. SK Kaken was founded in 1955 and is headquartered in Ibaraki-City, Japan.

The company manufactures and sells organic and inorganic water-based painting materials in Japan and internationally. It offers inorganic painting and construction materials, special finishers, and architectural paints; and synthetic resin, fire retardant and heat insulating, floor, roof waterproofing, special and industrial, and textured coatings. The company also manufactures and sells fireproof paints. In addition, it is involved in contracting fireproof and insulated construction activities. The company was formerly known as Shikoku Kaken Industry Co., Ltd. and changed its name to SK Kaken Co., Ltd. in April 1991.

19. Cromology

Clichy, France

www.cromology.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1986

REVENUE: $814 million * (2016: $849 million)

MARKETS SERVED: Architectural coatings

KEY EXECUTIVES

Gilles Nauche, CEO; Rui Caldas, international operations director; Bernard Chapuis, R&D and supply chain director; Christian Chareire, business and digital transformation director.

Formerly known as Materis Paints, the company changed its name to Cromology in 2015. The Group ranks second in France for decorative paints and is the market leader in Southern Europe (Italy, Spain and Portugal). With eight research laboratories, 11 production facilities and nine logistics platforms, Cromology designs and produces cutting-edge, professional decorative paints, sells and distributes its innovative products in more than 50 countries around the world, with a direct presence in nine: Belgium, France, Luxembourg, Italy, Morocco, Portugal, Spain, Switzerland and Turkey.

Cromology operates its own distribution network of almost 410 integrated stores, Couleurs de Tollens, Zolpan, Robbialac and Colori di Tollens Bravo, which serve more than 50,000 professional clients and hundreds of thousands of private customers. Cromology also relies on over 6,500 partner points of sale operated by independent distributors and more than 2,000 DIY stores.

With approximately 3,800 employees, Cromology recorded revenue of $814 million in 2017. Cromology manufactures interior and exterior paints, technical and decorative plasters and fillers, External Thermal Insulation Composite Systems (ETICS), waterproofing solutions and floor paints.

20. Chugoku Marine Paints

Tokyo, Japan

www.cmp.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1917

REVENUE: $735 million * (2016: $950 million)

MARKETS SERVED

Marine coatings; Industrial coatings; Container coatings

KEY EXECUTIVES

Masataka Uetake, president and CEO.

Chugoku Marine Paints manufactures paint for ships, industrial and containers uses, as well as adhesives. The company offers paints for large vessels, pleasure boats and yachts, marine containers, fishing boats, and fishnets; protective paints for anti-corrosive protection; paints for building materials and woodworking; functional paints; heavy duty paints; paints for plastics; and caulking material for railways. It is also involved in the sale of painting related equipment; management and contract work for coating; inspection of surface treatment and coating; and other activities. The company has a headcount of 2,293.

Chugoku Marine Paints, Ltd. (CMP) celebrated its centenary in Hiroshima, Japan in May 2017. Since its establishment in 1917, CMP has developed marine paints as a core product, together with other specialized paints for industrial use, containers, pleasure boats and yachts, offshore structures, etc. CMP continues to grow and is well supported by a broad customer base. The company's products are designed and developed based on focused research activities, and distributed via its global service network at 105 locations in 35 countries.

A new plant was established in the Netherlands--the center of its Europe operation. The new plant handles, with virtually almost unmanned operation, the entire production process of paint manufacturing from charging of raw materials to dispersion and filling of paint. Since such automation enables production within a sealed space, the company expects it to reduce VOC emissions and other benefits include an improved workplace environment, elimination of labor shortages and enhanced productivity.

21. Tikkurila Oyi

Vantaa, Finland

www.tikkurila.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1892

REVENUE: $695 million

MARKETS SERVED: Decorative coatings

KEY EXECUTIVES

Elisa Markula, CEO; Melisa Barholm, Senior VP, Human Resources; Jukka Havia, CFO; Fredrik Linde, Senior VP, Operations; Petri Miettinen, Senior VP, Sourcing; Meri Vainikka, Senior VP, Offering.

Tikkurila Oyj is a Finnish manufacturer of paints and lacquers. Tikkurila is the market leader in decorative paints in Russia, Sweden, Finland and the Baltic countries. Russia, Sweden, Finland and Poland account for 80 percent of the group's revenue.

In line with its cost savings program of at least 30 million [euro], Tikkurila announced it will close down two production sites--one in Germany and one in Russia--by end of 2018.

In 2017, Tikkurila launched an extensive program to boost profitability with the aim of achieving savings of at least 30 million [euro] and improving cost competitiveness.

"As part of the program, we announced the divestment of our unprofitable business operations in the Balkan area. We are preparing further actions to optimize our future production and logistics network in all our operating countries. Based on this we have, for instance, decided to close down the production facilities in southwestern Russia and in Germany by the end of 2018. In addition, we have changed our organization model. As a result, decision-making and business development are now handled more at the group level," Jukka Havia, CFO said.

22. Dai Nippon Toryo

Osaka, Japan

www.dnt.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1929

REVENUE: $685 million

MARKETS SERVED

Protective coatings; Architectural coatings; Metal baking coatings; Plastic coatings; Automotive coatings; Rolling stock coatings

KEY EXECUTIVES

Toshijiro Iwasa, president; Norihiro Mashima, director of finance, executive officer.

Dai Nippon Toryo Co., Ltd. operates in the paint industry primarily in Japan. The company offers various coating products, which include heavy duty, industrial, automobile, refinishing, marine, home use paints, plastics and powder. The company also provides machines and equipment for paints manufacturing and coating applications. In addition, it offers its products in various fields, including electrical home appliances, housing, automobiles and information-related equipment, as well as for infrastructures, including high-rise buildings and largescale bridge construction. Dai Nippon Toryo Co., Ltd. formed a joint venture with Kuhoko Paint Co., Ltd., which is a consolidated subsidiary of Kansai Paint Co., Ltd., under the name Japan Powder Coating Manufacturing Co., Ltd.

23. Beckers Group

Berlin, Germany

beckers-group.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1865

REVENUE: $661 million

MARKETS SERVED

Industrial coatings; Coil coatings; Consumer design finishes

KEY EXECUTIVES

Boris Gorella, CEO; Karsten Eller, COO; Olivier Laune, CFO; Bernd Vogel, CTO; Christophe Sabas, president CC EASA; Paul Menezes, president CC A&ME; Christian Vogel, president industrial coatings.

Beckers is a privately-owned, global industrial coatings company with Swedish roots, providing products and services across many manufacturing sectors. The company employs 1,800 people and its operations currently span five continents in 19 countries and 24 sites.

Beckers Group launched this year's global trend collection for consumer electronics and lifestyle appliances. The portfolio, called "The Search," offers consumer brand companies an opportunity to extensively explore Beckers' latest colors, innovative technologies, and special tactile effects. The samples are presented in three main themes--Connect, Reflect and Visualize--and illustrate trends for 2019-20. The Beckers design team presents the collection to customers during roadshows in early spring.

"For our customers in the trend-driven and fast-changing consumer electronics and lifestyle appliance industry, the look and feel of their products are key differentiators," said Christian Vogel, president, Industrial Coatings. "Beckers' consumer finishes add significant value through creative and innovative surfaces."

24. Shanghai Huayi Fine Chemical

Shanghai/China

www.shhuayuan.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1915

REVENUE: $585 million

MARKETS SERVED

Coil coatings; Industrial coatings; Marine coatings

KEY EXECUTIVE: Hongmei Yang, general manager.

Shanghai Huayi Fine Chemical Co. Ltd. (formerly Shanghai Coating Co. Ltd.) is a subordinate enterpirse of Shanghai Huayi Croup. The company has 13 wholly owned enterprises and six joint ventures. Shanghai Huayi Fine Chemical produces coil, industrial and marine coatings. The company launched China's first coatings brand--Winged Tiger. Other brands include KwangMing, Yipin and Lionhead.

25. Brillux GmbH & Co. KG

Muenster, Germany

www.brillux.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1889

REVENUE: $561 million

MARKETS SERVED

Architectural coatings; Wood coatings; Floor coatings; Industrial coatings

KEY EXECUTIVE: Peter Konig, CEO.

Brillux is now in its fourth generation of independent ownership by the Konig family. The company's headquarters is in Muenster, Germany and currently employs 2,400 employees and has four production facilities. The company has more than 180 branches in Germany, Italy, the Netherlands, Austria, Poland and Switzerland. Brillux is a manufacturer and direct supplier offering a complete range of paints and varnishes. As a full-range supplier and direct supplier, Brillux offers comprehensive services in the field of enamels and paints. It's complete product range with over 12,000 items offers coordinated products and systems for painting, varnishing and plastering.

26. Fujikura Kasei Co. Ltd.

Tokyo, Japan

www.fkkasei.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1938

REVENUE: $540 million

MARKETS SERVED

Plastic coatings; Architectural coatings; Automotive coatings

KEY EXECUTIVES

Daisuke Kato, president; Hikoji Ueda, senior vice president; Yoshizo Shimoda, senior vice president; Hisashi Kajiwara, executive director: Hiroaki Watanabe, Masahiro Takano and Satoshi Watanabe.

Fujikura Kasei Co. Ltd. was founded in 1938. The company is headquartered in Tokyo, Japan and has a presence in Singapore, Thailand, China, Malaysia and Vietnam. Fujikura Kasei offers coatings for plastics, which include automotive interior and exterior, automotive lightings, cosmetic containers and enclosures, electronic appliances, plastic hobby items and plastic sheets; architectural coatings, such as exterior and interior building materials, decorative items and housing equipment; and electronic materials.

The company also provides architectural coatings for use in exterior and interior building materials, public buildings and facilities, decorative items, and housing equipment; and electronic materials, including conductive paste.

"We are committed to providing further valued products and services even in today's dramatically changing environment with our proven technology and impetus making use of our company scale," President, Daisuke Kato said.

27. Nihon Toksuhu Toryo Co. Ltd.

Tokyo, Japan

www.nttoryo.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1929

REVENUE: $536 million

MARKETS SERVED

Decorative coatings; Performance coatings

KEY EXECUTIVES

Masahiro Nojima, chairman and CEO; Makio Sakai, president and COO; Juri Taya, managing director and CFO; deputy chief officers of paints and coatings: Hisami Nishioka and Yoshihiko Doi.

Nihon Tokushu Toryo Co., Ltd. is a Japan-based manufacturing company that operates in two business segments. The paint-related segment manufactures and sells paints and soundproof materials. This segment is also involved in the paint-related and soundproof material-related construction work. The automobile product-related segment manufactures and sells automotive soundproof materials, such as damping materials, acoustic absorbents and sound insulators, as well as antirust materials. The company has nine subsidiaries and ten associated companies in Japan, as well as overseas markets, including the U.S., Thailand, China and Singapore. The company was founded in 1929, is headquartered in Tokyo and has approximately 580 employees.

28. Ennis-Flint

Thomasville, NC/USA

www.ennistraffic.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1996

REVENUE: $535 million

MARKET SERVED: Traffic marking paint

KEY EXECUTIVES

Bryce Anderson, chairman; Steve Vetter, CEO; Matt Soule, president; and Michael Murren, chief financial officer.

Ennis-Flint is the world leader in pavement markings and traffic safety solutions for a diverse customer base of private contractors, government agencies and independent distributors. Ennis-Flint supplies a wide range of products including: traffic paint, hot-applied and preformed thermoplastic, plural components, raised pavement markers and intelligent transportation systems from a network of 24 manufacturing facilities on four continents. Ennis-Flint is headquartered in Thomasville, North Carolina, with manufacturing facilities located in the U.S., Canada, Australia, Malaysia and Europe.

The company recently acquired the materials manufacturing business of VERNISOL SPA. The acquisition includes the Italian manufacturing facilities in Spinadesco and Turin. According to the company, the strong, experienced management team, workforce and sales team will remain in place to provide uninterrupted service. The managing director, Bruno Trentini, will remain in his current management position as well as remain a significant shareholder.

"My team and I are very excited to join the Ennis-Flint group," said Trentini "Our facilities in Italy and our technical knowledge in traffic paints and MMA/cold plastic adds to Ennis-Flint's broad product range, which includes bitumen, thermoplastic, anti-skid, preformed thermoplastic and epoxy. With this, we are confident that we will be able to offer the best in the road safety industry. We are going to use this great opportunity to integrate ourselves with Ennis-Flint in the European, Middle Eastern and African markets by providing customers with the products and brands that they want and the quality and service that they deserve."

29. Noroo Paint Co. Ltd.

Anyang-Si, South Korea

www.noroo.co.kr

PUBLIC COMPANY; YEAR ESTABLISHED: 2006

REVENUE: $519 million

MARKETS SERVED

Architectural coatings; Industrial coatings; Automotive refinishes

KEY EXECUTIVE: Soo-Kyoung Kim, CEO.

Noroo Paint Co., Ltd. engages in the manufacture and sale of paints and coatings worldwide. Its products include architectural coatings, which comprise natural paint, general coatings, functional coatings and Decopia; waterproof and floor coatings; decorative coatings, such as lacquers, polyurethane paints, cracking paints and wood stain; primer and topcoat heavy duty coatings; and industrial coatings, including metal coatings and pattern finishes. The company also offers coating equipment; and coatings for auto refinishes and plastic finishes, as well as coil coatings. The company was founded in 2006 and employs 787 people. Architectural coatings account for 42.9% of sales while industrial coatings make up 17.6 percent, automotive refinishes 11.1 percent and others comprising 28.5 percent.

30. TOA Group

Bangkok, Thailand

www.toagroup.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1957

REVENUE: $503 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 company 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.

TOA recently announced plans to expand new three production plants in Indonesia and Myanmar, which are under construction, and in Cambodia, which is in project feasibility phase. All of these new three production plants are expected to commence their commercial operation in 2018, which will increase TOA production capacity from 88 million gallons annually (excluding TOA Skim Coat (Cambodia) Co., Ltd.) to 102.5 million gallons annually. TOA also expects to increase its market share in order to be the leader in the ASEAN paint markets.

31. Meffert AG Farbwerke

Bad Kreuznach, Germany

www.meffert.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1947

REVENUE: $474 million

MARKETS SERVED

Architectural coatings; Wood coatings; Industrial coatings

KEY EXECUTIVES

Klaus Meffert, president and member of the executive board, Dieter Meffert, member of the executive board.

Meffert is one of Europe's leading manufacturers of high-quality paints and varnishes, wood stains, plasters, sealing compounds, and renovation and building-protection products. Located in Bad Kreuznach, Germany and founded in 1947, Meffert's product range is sold in 60 countries and encompasses more than 30,000 products.

The company employs approximately 1,500 employees at more than 20 domestic and international production and distribution locations. The Meffert group of companies pursues the aim of aligning its services and support to the needs of its customers. The brands Dinova, ProfiTec and Albrecht, supply wholesalers for craft trades and industry. The brands diifa, Super Nova, Correx, farbfit and Pronova are for DIY users.

The company been committed to the guidelines of the worldwide initiative Responsible Care since 1999. The German Paint and Printing Ink Association (VdL) joined the United Nations Global Compact (UNGC). Being the UN's largest and most important initiative worldwide for responsible business management, the UNGC provides a unique framework to create the basis for a sustainable global economy across borders and industry lines. As a member of the VdL Meffert champions the goals and the principles of the UN Global Compact.

32. Samhwa Paints Industrial

Gyeonggi-do, Korea

www.spi.co.kr

PUBLIC COMPANY; YEAR ESTABLISHED: 1946

REVENUE: $460 million

MARKETS SERVED

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

KEY EXECUTIVES

J.Y. Kim, CEO; S. Huh, COO; J.S. Oh, vice president.

At Samhwa Paints, approximately 30 percent of employees are engaged in R&D activities. Samhwa invests four 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. The company has plans to make inroads into the global paint market, including China.

33. Teknos Group Oy

Helsinki, Finland

www.teknos.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1948

REVENUE: $458 million

MARKETS SERVED

Architectural coatings; Industrial coatings

KEY EXECUTIVES

Paula Salastie, CEO; Pasi Taipalus, CFO; Tuukka Ryynanen, chief technology officer; Fredrik Calenius, chief procurement officer; Jacek Karnicki Schweizer, chief HR officer; Kalle Harkonen, operations director; Arto Mannonen, group SVP, Architectural Coatings; Lassi Tirkkonen, group SVP, Metal Paints & Coatings; Marcel Dissel, interim segment director, Industrial Wood.

Teknos Group Oy is the leading supplier of industrial coatings 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.

Teknos has built a technology and training center in the company's Rajamaki facilities in Finland. The center serves Teknos' clients and staff as training facilities and paint showroom. The center has a total gross floor area of approximately 1,500 m2. All the equipment, the painting chamber and the robotics represent the newest technology.

34. National Paints Factories Co.

Dubai, United Arab Emirates

national-paints.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1969

REVENUE: $446 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 15 paint and three resin plants worldwide and had originally started in Jordan, then the United Arab Emirates. The factory in Sharjah is considered the biggest in the Arab World and Middle East and specializes in paints production of all kinds.

Other similar factories were established in 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 and Russia, National Paints also exports to over 80 countries worldwide.

35. Mankiewicz

Hamburg, Germany

www.mankiewicz.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1895

REVENUE: $392.36 million

MARKETS SERVED

Industrial coatings; Aviation coatings; Automotive coatings

KEY EXECUTIVE

Michael O. Grau, CEO.

Mankiewicz is a globally operating paint manufacturer, founded 1895 in Hamburg. The Mankiewicz group supplies high-quality coating systems for industrial series production to various sectors, including demanding markets such as machinery, automotive, aviation, railway, utility vehicles, medical engineering, yacht and wind power industries. The in-house development department permits the creation of all paint systems in all color shades, gloss grades and textures, tailor-made for each customer. More than 1,300 employees worldwide are involved in the realization of "Coating Concepts of the Future" to ensure long-term preservation of utility and capital goods. Mankiewicz is certified according to ISO 9001, ISO/TS 16949, EN9100, ISO 14001 and has been successfully audited according to VDA 6.3. In November 2017, the company opened a new, 90,000 square foot U.S. Headquarters in Charleston, South Carolina.

36. Betek Boya San. ve Tic. AS

Istanbul, Turkey

www.betek.com.tr

PRIVATE COMPANY; YEAR ESTABLISHED: 1988

REVENUE: $380 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; an Gokhan Guner, VP of Finance

Betek Boya ve Kimya Sanayi AS, whose name is the combination 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 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.

37. 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 distributes 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.

38. Carpoly Chemical Group

Jiangmen, China

www.carpoly.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1999

REVENUE: $370 million

MARKETS SERVED: Architectural and industrial

KEY EXECUTIVES

Donghang Qiu, chairman of the board; Shuchao CAO.vice president; Xiaobo Lu, group general manager and marketing director; Ronghua Chen, technical director.

Carpoly offers products and services to the furniture and decorative paints market. The company has 3,341 employees, eight production facilities located in Guangdong, Shanghai, Sichuan and Hebei; approximately 2,100 direct distributors and more than 15,000 points of sales throughout China. Carpoly restructured its production, supply and sales chains to allow more efficient performance. The company improved its research and development technology system. Carpoly is committed to quality, innovation, value and performance.

39. Tiger Coatings

Wels, Austria

www.tiger-coatings.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1930

REVENUE: $362 million

MARKET SERVED: Powder coatings

KEY EXECUTIVES

Kurt Berghofer, CEO; Clemens Steiner, CEO; Reinhold Freiseisen, CFO; Thomas Loibl, COO; Christian Ebenberger, marketing director; Carsten Herzhoff, technical director.

Tiger Coatings produces powder coatings for industrial applications and the DIY market. Its powder coatings are used in a wide variety of markets such as architecture, automotive, construction and furniture. Tiger Coatings offers products such as Tiger Drylac Powder Coatings and TigerTogital Inks. The company markets its products in Austria, Egypt, Brazil, China, Canada, Mexico, the U.S., Vietnam, Belarus, Bosnia and Herzegovina, Bulgaria, Denmark, Germany, India, Croatia, Latvia/Lithuania, the Netherlands, Poland, the Russian Federation, Switzerland, Serbia and Montenegro, Slovenia, Spain, South Africa, Taiwan, Thailand and Ukraine. Tiger Coatings was founded in 1930 and is based in Wels, Austria with manufacturing facilities in Austria, Egypt, China, Canada, Mexico, the U.S. and Vietnam. The company has 1,184 employees.

40. Flugger Group

Scandanavia

www.flugger.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1785

REVENUE: $290 million

MARKET SERVED: Architectural coatings

KEY EXECUTIVES

Jimmi Mortensen, chief executive officer; Michael Larsen, chief operations officer; Keld Sorensen, chief financial officer; Thomas Thorsoe, chief people officer; Ulf Schnack, chief DNA officer; Thomas Bendixen, chief commercial officer (effective August 1).

Fliigger Group is one of Scandinavia's largest suppliers of decorative paint, wood stain, wallcoverings, paint tools and cleaning articles. Flugger Group is represented by Flugger shops in Denmark, Norway, Sweden, Iceland, Poland and China. Its subsidiary DAY-system contributes with sales from 214 shops in Denmark, Norway and Sweden. Another company, PP Mester Maling, has 41 shops in Denmark. The company has five factories; the two main ones are in Kolding, Denmark and Bollebygd, Sweden. There, Flugger produces paint, wood stain, fillers and chemical products. In Kolding, it produces 20 million liters of water-based paints per year. In Bollebygd, Flugger produces 24 million liters of both water-based and turpentine-based paint per year. In March, the company announced the appointment of Thomas Bendixen as chief commercial officer. Bendixen joined the company August 1, 2017.

41. SKSHU

Putian, Fujian/China

www.skshu.com.cn

PRIVATE COMPANY; YEAR ESTABLISHED: 2003

REVENUE: $285 million

MARKETS SERVED

Decorative coatings; Architectural coatings; Wood coatings

KEY EXECUTIVE

Hong Jie, chairman and president.

SKSHU Paint Co.,Ltd. develops, produces, and sells paints under the 3trees brand in China. It offers decorative paints, such as interior paints; architectural coatings, including floor paints, granite paints, stone covers, texture paints, and rock chip paints; wood paints comprising ultraviolet paints, PU paints, and NC paints; and auxiliary materials consisting of adhesives, waterproof paints, and putties. The company has 3,000 employees.

42. Origin Electric

Tokyo, Japan

www.origin.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1938

REVENUE: $284.21 million

MARKETS SERVED

Synthetic resin paints; Coatings for digital devices KEY EXECUTIVES

Kazuhiro Seo, president & representative director; Shinichi Shinohara, director, managing executive officer, GM of R&D; Katsuyuki Takagi, director & GM of administration; Yasuhiro Genjima, director & senior executive officer; Masaru Kadowaki, director, executive officer & manager, mechatronics; Shoichi Tozuka, director, executive officer & manager, electronics.

Origin Electric operates in three segments: Electronics, Mechatronics and Chemitronics. The Chemitronics division is supported by metal surface treatment and surface plating technologies as well as by its history of R&D in the fields of electronics and coating materials. Energy-saving measures jointly developed with other engineering groups have resulted in developments being achieved in the field of synthetic resin paints. The company operates in Japan, as well as in Taipei, Hong Kong, the U.S. and China. Origin began developing paints in 1947 as a part of its surface processing research efforts creating highly functional paints, including paints used for plastic substrates, water-based paint/TX-free paint and paints used for plated nonferrous metals. Applications include auto interior and exterior parts, cell phones and computers.

43. Kelly-Moore

San Carlos, California USA

www.kellymoore.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1946

REVENUE: $282 million

MARKETS SERVED

Architectural coatings; Industrial coatings; Decorative coatings

KEY EXECUTIVES

Steve DeVoe, president and CEO; Roy George, executive VP and CFO; Dan Claybaugh vice president of marketing and business development; Jim Alberts, VP sales.

Kelly-Moore Paints is a leading premium paint manufacturer and retailer located in the western U.S. The employee-owned company produces approximately 20 million gallons of paint per year and owns and operates more than 145 stores in California, Washington, Oregon, Arkansas, Texas, Oklahoma and Nevada. Kelly-Moore sells approximately 400 types of paints, finishes and sundries to professional contractors and painters and to the do-it-yourself market.

Professional interior designers selected Kelly-Moore's Kettleman KM5818 as the 2017 Color of the Year.

"Within the 2017 palette, we see an evolution of an assortment of colored dark shades inspired by nature," said Mary Lawlor, manager of color marketing.

44. Karlworwag Lack-Und

Farbenfaorik

Stuttgart, Germany

www.worwag.de

PRIVATE COMPANY; YEAR ESTABLISHED: 1918

REVENUE: $281 million

MARKETS SERVED

Industrial coatings

KEY EXECUTIVES

Peter Moritz, managing director; Hannes Worwag, managing director.

Karl Worwag Lack-und Farbenfabrik GmbH & Co.KG develops, manufactures, and markets coatings and paints for various industrial applications. Its products include liquid coatings, powder coatings, UV coatings, and painted films. The company's products serve vehicle exteriors and interiors, car bodies and commercial vehicles, vehicle components, construction and agricultural machinery, household appliances, plant engineering, furniture, and building equipment industries in Germany and internationally. The company was founded in 1918 and is headquartered in Stuttgart, Germany. It has subsidiary locations in Langfang, China; Cape Town, South Africa; BadenDattwil, Switzerland; Swiebodzin, Poland; Lafayette, Illinois; and Polinya, Spain.

45. Pacific Paint (Boysen)

Quezon City, Philippines

www.boysen.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1953

REVENUE: $280 million

MARKETS SERVED

Decorative coatings; Industrial coatings; Marine coatings

KEY EXECUTIVES

Willy Ong, chief executive officer; Johnson Ongking, vice president; Ruben Cueto, vice president of marketing; Catherine Ramirez, R&D manager.

Walter Neal Boysen founded Boysen Paints in Oakland, California in 1926. After expanding the brand across the U.S., Boysen Paints was introduced to Asia in the 1960s. It has given Pacific Paints the license to manufacture its premium paint products. The growing market share in Asia and the Pacific, especially in the Philippine market, necessitated the creation of a fully integrated state-of-the-art manufacturing facility in Cavite, Philippines, said to be the most modern paint factory in Southeast Asia.

46. Pintuco

Medellin, Colombia

www.pintuco.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1945

REVENUE: $275 million

MARKETS SERVED

Decorative paints; Industrial coatings; Specialty coatings; Auto refinish coatings; Powder coatings

KEY EXECUTIVES

Juan Carlos Moreno, president; David Villegas, director of international relations.

Pintucos is a member of the Orbis Group, a multinational holding with paints, chemicals, pipes and trade business. 73.3 percent of its sales are from decorative coatings, general industrial is 8.6 percent, 10.7 percent for specialty coatings, 3.7 percent for auto refinish and 3.7 percent for powder coatings.

Pintuco has approximately 2,500 employees. Grupo Orbis has begun the development of a domestic chain of Do-it-Yourself stores named Master Pro that will feature subsidiary Pintuco's full line of paints and coatings. The independent Pintucasa paint store network will continue to be expanded, as well, with a Pintucasa section planned inside each Master Pro store. Among Pintuco paint brands, Viniltex and Koraza are well known architectural segment brands. Similarly, the Terinsa and ICO brands are well known in the construction industry.

The group is active in over a dozen countries in Latin America. Last year Pintuco began distributing AkzoNobel's protective coatings under the International Paints brand in Peru. In Venezuela, Orbis owns Venezolana de Pinturas. Pintuco is broadly distributed in Central America in Costa Rica, El Salvador, Guatemala, Honduras, Panama and Nicaragua, as well as in the Caribbean islands of Aruba under the brand Arvefa, and Curacao, under the brand AVF.

47. Taiho Paint

Dongguan, China

www.taihopaint.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1992

REVENUE: $272 million

MARKETS SERVED

Wood paints; Industrial paints; Decorative paints

KEY EXECUTIVES

Ho-Sheng Chen, president

Taiho Paint is a coating company focused on scientific research, production, sales and service. It covers the wood coatings, metal coatings, plastic coatings, architectural coatings and related markets, supporting a variety of chemical products, such as colorants, diluents series and resin. The company heavily invested to set up its global automatic production lines, experimental unit, testing equipment, and a high standard of technology research and development center. In 2017 the company received intellectual property rights for a number of authorized invention patents for waterborne wood coatings.

48. Blanco Group

(Lanco Paints and Coatings)

Orlando, FL7USA

www.lancopaints.com

PRIVATE COMPANY; YEAR ESTABLISHED: 2003

REVENUE: $270 million

MARKETS SERVED

Decorative coatings; Industrial coatings; Roof coatings; Waterproof coatings

KEY EXECUTIVES

Juan Pablo Gaztambide, president; Sergio Blanco, vice president; Victor Jusino, secretary; Guillermo Blanco, treasurer.

Lanco &C Harris Corp. (dba Lanco Paints and Coatings) is part of the Blanco Group. In business since 1978, Lanco & Harris Corp. manufactures architectural and industrial coatings, roof sealers, wood finishes, industrial adhesives and high-performance sealants. The company has nine manufacturing facilities in the U.S., the Caribbean and Central and South America.

49. J.W. Ostendorf

Coesfeld, Germany

www.jwo.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1948

REVENUE: $268 million

MARKET SERVED: Decorative coatings

KEY EXECUTIVES

Michael Ostendorf, chairman and managing director; Heinz Rothues, managing director; Silvan Odermatt, managing director; Bemd Hopf, managing director; Leonhard Ritzhaupt, executive.

Ostendorf GmbH & Co. KG (JWO) has been producing paints, varnishes, lacquers and enamels since 1948 for a variety of applications. It has its affiliates in Great Britain, Poland, Austria, Czech Republic, Switzerland, France and Hungary. It has a production capacity of more than 500 million liters per year and a staff of 750. It operates an integrated production and logistics facility at its headquarters in Coesfeld where it produces paints, trim and stains in one of Europe's most modern paint factories. The company is the only paint manufacturer in Europe with hygiene certification (TUV Germany), and the production processes emit up to 80 percent less CO2 compared with the paint-industry standard.

JWO is one of the most modern paint manufacturers in Europe. According to the company, the production is highly automated, environmentally friendly and there is a constant focus on hygiene. JWO is certified by LGA (derived hygiene standards for paint as for the food industry). Among other things, the production is primarily water-based, but JWO also produces solvent-based products.

50. Cloverdale Paint

SURREY, BRITISH COLUMBIA, CANADA

WWW.CLOVERDALEPAINT.COM

PRIVATE COMPANY; YEAR ESTABLISHED: 1933

REVENUE: $258 million

MARKETS SERVED

Decorative coatings; Industrial coatings; Wood finishes; Marine coatings

KEY EXECUTIVES

C. A. Mordy, chief executive officer and president; Paul Schmidt, vice president of finance; Marion Campbell, director of human resources; Dave Bott, director of manufacturing; Stu Eaton, technical manager.

Cloverdale Paint maintains more than 100 retail stores and a network of dealer outlets across Western Canada and the Pacific Northwest. The firm manufactures architectural and industrial maintenance products directly and through subsidiary companies in Calgary, Alberta (Far-go Paint Inc.) and Portland, Oregon (Rodda Paint Company). Cloverdale operates manufacturing plants in Surrey, Portland, Winnipeg, Edmonton and Calgary, and employs approximately 850 people. The company opened a new Coatings Research & Development Laboratory in Surrey, B.C. The new research facility is charged with the development of new liquid coating technologies for the company. Its main emphasis will be in waterborne and low VOC technologies. The 7,200 square foot addition to the existing solvent-based and OEM product development laboratory will provide the necessary space for research chemists to conduct development work.

51. Kangnam Jevisco

Pusan, South Korea

www.jevisco.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1945

REVENUE: $252 million

MARKETS SERVED

Decorative coatings; Industrial coatings; Marine and protective coatings; Automotive

KEY EXECUTIVES

Ki-suk Woo, chairman and CEO; Gyeong Tai Shin, president; managing directors: Sang Kun Lee; Jae Hui Kim; Dong Hyeon Cho; Seung Hwan Shin.

Kangnam Jevisco offers a range of products, including architectural coatings for concrete, plaster, slate and cement mortar surfaces, as well as for vehicles, machinery, buildings, glass and furniture; general industrial coatings for various applications, such as wood, steel furniture, electric home appliance, machinery, engineering plastics, steel products and decorative home appliance; wood coatings for furniture, general wooden materials, and musical instruments; and powder coatings for decoration and protection, interior use, home appliances, and architectural use. Kangnam Jevisco recently launched a premium environmentally-friendly, water-based paint brand, PUREUNSOL. PUREUNSOL water-based has low VOCs and no HCHO.

52. Yasar

Izmir, Turkey

www.dyo.com.tr

PRIVATE COMPANY; YEAR ESTABLISHED: 1927

REVENUE: $249 million

MARKETS SERVED

Decorative paints; Construction paints; Industrial paints; Furniture paints; Automotive paints; Marine paints

KEY EXECUTIVES

Selcuk Yasar, honorary president of Yasar Holding; Mehmet Kahya, chairperson of audit committee; Ahmet Metin Onaner, chair of early detection of risk committee.

Yasar Coatings Group is of the leading paint producers in Turkey. Consisting of five companies led by Dyo Boya, it serves the market with 1,000 different products. Under the brand names Dyo and Dewilux, Yasar Coatings Group employs approximately 1,100 people and exports its products to 40 countries. The group's export markets are located primarily in Central Asia, the Middle East, Europe and Russia. Yasar has invested in Dyo Powder Coatings Facility and Dyo Africa LLC. The powder coatings facility is located in Turgutlu Organized Industrial Zone and will have an initial capacity of six tons. Dyo Africa was founded in Cairo, Egypt to handle the production marketing and sales in the construction, automotive and furniture segments in the Africa and Middle East Markets.

53. Grebe Group

Weilburg, Germany

www.grebe.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1936

REVENUE: $247 million

MARKETS SERVED

Industrial coatings; OEM coatings (non-automotive)

KEY EXECUTIVES

Frank Glaser, chief executive officer

Established in 1936, Grebe Group offers coatings for several markets. For household articles, the firm offers Greblon non-stick coatings and decorative, temperature-resistant coatings. For the stove industry, it offers high-temperature resistant coatings. For general industry applications, Grebe offers coating systems for metals, plastics and glass in applications such as sewage pipes, household appliances, rail vehicles, mobile phones and defense technology. The group operates facilities in Germany, U.K., Italy, Poland, China, Hong Kong Indonesia, India and Japan.

54. Shinto

Amagasaki, Japan

www.shintopaint.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1933

REVENUE: $246milliom

MARKETS SERVED

Automotive coatings; Industrial coatings

KEY EXECUTIVES

Ryuhei Tamamura, president and representative director; Masayoshi Kashida, executive senior managing director and director; Yukifumi Tokunaga, executive senior managing director, general manager of sales department and representative director; Toshio Mitsuhara, managing director, general manager of production division and director.

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.

55. Daoqum Chemical Group

Co., Ltd.

Zhongshan City, Guangdong Province, China

www.daoqum.com.cn

PUBLIC COMPANY; YEAR ESTABLISHED: 1985

REVENUE: $236 milliom

MARKETS SERVED

Automotive coatings, Industrial coatings, Automotive coatings, Specialty coatings.

KEY EXECUTIVES

Xin Liu, Group general manager; Winfond Fu, COO.

Daoqum Chemical Group is a coatings company located in Zhongshan City, Guangdong Province in China and employs 733 people. The company has four facilities: Hefei, China, Auto OEM Coatings; Chongqing,China, Auto OEM Coatings/Industrial Coatings; Shanghai, China, Industrial Coatings and Zhongshan, China, Industrial Coatings/Powder Coatings. Automotive OEM coatings comprises 43 percent of revenue, general industrial and industrial maintenance comprises 36 percent, OEM comprises nine percent, powder coatings seven percent and specialty coatings five percent. The company recently launched waterborne coatings system for high-speed railway. Key brands include Daoqum /GoldenTree: Automotive OEM, Industrial Coating, Powder Coating.

56 Rock Paint

Osaka, Japan

www.rockpaint.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1952

REVENUE: $217 million

MARKETS SERVED

Automotive coatings; Industrial coatings

KEY EXECUTIVES

Utsumiya Tohgo, president and representative director; Yuji Ikeya, representative senior managing director; Akira Ichikawa, executive officer and director; Hideaki Shimizu, executive officer and director; Takanohashi Yoshinori, executive officer and director.

Rock Paint is among the leading manufacturers of automotive refinish paints in Japan. These include brands such as its Pana-rock Mars 2K series, Rockace and Hirock. Rock Paint has in recent years introduced a one-package type basecoat called Pro Touch. Responding to movements aiming to reduce levels of VOCs in paint products, Rock Paint set out early to develop waterborne automotive refinish paints.

57. Ace Paint

Oakbrook, IL, USA

www.acehardware.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1926

REVENUE: $215 million

MARKETS SERVED: Architectural coatings

KEY EXECUTIVES

John S. Venhuizen, chief executive officer and president; William M. Guzik, chief financial officer, chief risk officer and executive vice president; J. Thomas Glenn, president of East Tennessee and Northwest Georgia; Kerilyn M. Johnson, vice president, general counsel and secretary; Lori L. Bossmann, executive vice president of supply chain and retail support.

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, Illinois., 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, North Carolina; Atlanta, Georgia; Denver, Colorado and Woodridge, Illinois.

58. Bauhinia Coatings Group

Shanghai, China

www.bauhiniahk.com.hk

PRIVATE COMPANY; YEAR ESTABLISHED: 1971

REVENUE: $211 million

MARKETS SERVED

Decorative coatings; Furniture coatings; Architectural coatings

KEY EXECUTIVES

Ye Jun, co-president; Feng Bingguang, co-president; Chen Chuanshen, vice president; Kuang Zizhao, vice president; Cao Xiyuan, coatings marketing director; Zhang Yikang, coatings technical director.

Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 43 percent of the company's sales were focused in architectural and decorative markets; 40 percent was for the general industrial and industrial maintenance sectors, and 16 percent was for resins. Recently, the company launched several new products, including: Youtuli S-series Odourless Paints, F2 Waterbased "Water and Wood in Perfect Harmony" Wood Paints.

59. Kikusui Chemical

Nagoya, Japan

www.kikusui-chem.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1959

REVENUE: $205 million

MARKET SERVED: Architectural coatings

KEY EXECUTIVES

Hitoshi Yamaguchi, president, president of subsidiary, representative director; Takeshi Nagai, director of industrial paint business, director of overseas business, chairman of subsidiary, director; Hiroyuki Imaida, managing director, chief director of housing business; Akiyoshi Nakagami, managing director; Shuichi Anan, deputy chief director of general-purpose paint business, director; Makoto Furukawa, deputy chief director of housing business, director; Nobuhiko Inaba, chief director of administration, director; Izumi Takada, director; Masao Toyama, director; Kenji Yamamoto, independent director.

Kikusui Chemical Industries Co. Ltd. engages in the production 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.

60. Whitford Worldwide

Elverson, PA/USA

www.whitfordww.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1969

REVENUE: $200 million

MARKETS SERVED

Consumer coatings (Interior and Exterior); Industrial (Automotive, Offshore, Medical, etc.)

KEY EXECUTIVES

David P. Willis, Jr., chariman; Anne S. Willis, CEO; Brian Willis, Tom Sheehan, Anthony Weir (Board members).

Whitford was founded in 1969 to promote special "matrix" release coatings to the industrial market. Whitford moved into the expanding nonstick markets of cookware and bakeware. A few years after opening, Whitford went internaional with an office/factory in England. Today Whitford has ten factories in eight countries, with sales offices in many more. The majority of Whitford's business is outside the U.S. In 1999, Whitford purchased HP Polymers of Guelph, Canada, producers of special resins. In 2009, Whitford bought AkzoNobel Nonstick Coatings. Whitford is known for the many new coatings it develops and markets.

61. Tambour Paint

Nethanya, Israel

www.tambourpaints.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1936

REVENUE: $199 million

MARKETS SERVED

Architectural coatings; Industrial coatings; Powder coatings

KEY EXECUTIVES

Michael Dayan, chief executive officer; Micha Scharir, financial director and vice president; Ronen Cohen, chief executive officer of Tzah-Serafon; Kobi Greenblum, sales director and vice president; Ronen Kayzerman, international export director and international marketing director.

Founded in 1936, Tambour is the largest Israeli paint manufacturer. The firm operates six production facilities in Israel for architectural paints, industrial paints, powder coatings, printing inks, acrylic emulsion, resins and other coatings. Production capacity is approximately 90 million liters per year. Tambour said it has been watching trends not only for color forecasting, but also for the research and development of new paint products, especially in the category of faux finishes and special effects. In light of the success of this methodology in the decorative market, Tambour decided to introduce it to the industrial market as well and created a unique cooperation with Klil Industries - the leading company in Israel for aluminum framings.

62. Diamond Vogel

Orange City, IA, USA

www.diamonvogel.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1926

REVENUE: $187 million

MARKETS SERVED:

Architectural coatings; Industrial coatings; Heavy duty coatings; Traffic coatings; Wood finishes

KEY EXECUTIVE:

Drew Vogel, president.

Diamond Vogel Paints is a family-owned, Midwestern-based paint manufacturer and retailer established in 1926 and headquartered in Orange City, Iowa. The company operates seven manufacturing facilities and more than 80 service center outlets. Diamond Vogel is a provider of liquid and powder coatings for industrial OEM applications, architectural paints for commercial and homeowner applications, and heavy-duty protective coatings for industrial maintenance applications. The company recently announced that phase three of a five-year, $29.3 million expansion plan for its powder coating operation located at the company's headquarters began ahead of schedule.

Phase three of the four phase project includes purchasing and installing additional powder production equipment for new processing lines in the recently completed expansion of the facility and upgrades to the original processing lines. With these additions, two-thirds of all the planned equipment in the new facility will have been installed. The new equipment plans to be up and running in early 2019.

63. RAR Holding

Dubai, UAE

www.rarholding.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1970

REVENUE: $184 million

MARKETS SERVED

Wood coatings; Industrial and protective coatings; Decorative coatings; Powder coatings

KEY EXECUTIVES

Rabih Reiady, chairman and CEO; Richards Sumners, vice chairman and group general manager; Wissam El Kassis, chief operating officer; Tony Tebrechany, chief audit executive; Michel Germanos, chief financial officer; Claudio Magagnoli, technical director.

RAR Holdings is one of the largest coatings manufacturers in the Middle East, with a company headcount of 580. The company has factories throughout the Middle East, Africa and Europe. The focus of the company is in the in the Middle East where most of the manufacturing and sales are made. Recent acquisitions include Citver Paints, wood coatings for the Citver Brand; Vernici Egidio Milesi, wood coatings with the Vernici Egidio Milesi brand; and Silva Vernici, wood coatings with the Silva Vernici brand. Approximately 58 percent of the company's sales is focused in wood coatings. One quarter of sales is in general industrial and industrial maintenance and 17 percent is in architectural and decorative.

64. Kapci Coatings

Port Said,Egypt

www.kapci.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1985

REVENUE: $185 million

MARKETS SERVED

Automotive refinish; Decorative paints; Wood finishes

KEY EXECUTIVES

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

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 2017, Kapci generated revenue of $185 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.

65. Frei Lacke

Doggingen, Germany

www.freilacke.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1926

REVENUE: $167 million

MARKETS SERVED

Powder coatings, Industrial coatings, Corrosion protection

KEY EXECUTIVES

Rainer Frei, managing director and Hans-Peter Frei, technical director.

FreiLacke is a family-owned company in its third generation and develops customized solutions for clients from the wheel and vehicle manufacturing industries, as well as those in the fields of mechanical and apparatus engineering, job coating, functional furniture, storage technology, construction and sanitation, directly through its 500 employees at its Doggingen base.

The product range of Europe's leading system coating provider covers the entire spectrum of industrial coatings, powder coatings and electrodeposition coatings all the way through to Durelastic surface solutions for composites. Its international sales are carried out though a global network of foreign subsidiaries and partners.

66. Natoco

Miyoshi, Japan

www.natoco.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1948

REVENUE: $166 million

MARKETS SERVED

Architectural coatings; Industrial coatings

KEY EXECUTIVE

Kenji Kasuya, president and representative director.

Natoco Co., Ltd. manufactures fine chemicals and paints. It offers synthetic resin paints and inks. The company primarily provides coatings for metal, building and other functional materials, as well as related equipment. The company was founded in 1948 and is headquartered in Miyoshi, Japan and operates in three business segments. The paint segment is involved in the manufacture and sale of synthetic resin paints, thinners and paint-related products. The fine chemical segment manufactures and sells chemical products such as filmuse coating materials, as well as fine particles for liquid crystal displays (LCDs), among others. The company employs approximately 350 people.

67. Sniezka Woj.

Lubzina, Poland

www.sniezka.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1984

REVENUE: $159 million

MARKETS SERVED

Interior coatings; Exterior coatings; Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is an industry leader in Poland, both in terms of quantity and value. Sniezka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

68. Looser Holding

Arbon, Switzerland

www.looserhoiding.ch

PUBLIC COMPANY; YEAR ESTABLISHED: 1932

REVENUE: $149 million

MARKETS SERVED

Architectural coatings; Industrial coatings; Automotive OEM; Auto refinish; Wood coatings; Non-stick coatings; Packaging coatings

KEY EXECUTIVES

Christoph Fierz, chief financial officer and director.

Looser Holding AG is an international industrial holding company headquartered in Arbon, Switzerland. The foundation of the company's industrial activities dates back to E. Looser & Co. established in 1928, which subsequently developed into a leading manufacturer of furnace installations in Europe under the name of ELCO Looser Holding AG. The listed company ELCO Looser Holding AG was acquired by Preussag AG in 1995 in a public takeover bid. In 1996, the Looser industrialist family repurchased FLH Holding AG. Today, FLH Holding AG is a division of Looser Holding AG which was formed in 2004. The corporate group is active in the coatings, industrial services and doors sectors. Currently, 2,266 employees work for the Group in 16 operational facilities in Europe, Asia and the U.S. Looser Holding AG's registered shares are listed on the SIX Swiss Exchange (Swiss Reporting Standard).

69. ADLER-Werk Lackfabrik

Schwaz, Austria

www.adler-lacke.com

PUBLIC COMPANY; YEAR ESTABLISHED: 1934

REVENUE: $132 million

MARKETS SERVED

Architectural/decorative coatings, Wood coatings.

KEY EXECUTIVES

Andrea Berghofer, managing director; Bernd Pichler, marketing director; Alfred Rossler, technical director.

ADLER-Werk Lackfabrik is Austria's leading manufacturer of varnishes, paints and wood preservatives. ADLER-Werk Lackfabrik is an independent company owned by the Berghofer family in its third generation. Some of the newest products include: quawood InterCare SH (window coating), Aquawood DSL Carat (window coating), Aquawood Nativa (window coating), Aduro Vitea (furniture coating), Bluefin Smart (furniture coating), Bluefin Pigmosoft (furniture coating), Lignovit Terra (wood preservative for in- and outdoor use), Lignovit Interior UV 100 (wood preservative for indoor use). Key brands include: Aquawood (window and front door coatings, water--based), Bluefin (industrial furniture coatings, water-based), Innolux (industrial furniture coatings, solvent-based), Aduro (non-industrial furniture coatings, sovlent-based), Arova (wood stains, water-based), Pullex (wood preservative coatings, solvent-based), Lignovit (wood preservative coatings, water-based), Legno (wood-oils and wood-waxes), Aviva (wall colors).

70. Industrias Titan

Barcelona, Spain

www.titanlux.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1917

REVENUE: $130 million

MARKETS SERVED

Decorative coatings; Industrial coatings; Marine coatings; Powder coatings; Fine arts materials

Since it was founded in 1917 in Barcelona, Industrias Titan has produced paints, enamels, varnishes, powder coatings, colors for fine arts and handicrafts, as well as ancillary products. Its present installations have a total area of 120,000 square meters and are located in El Prat de Llobregat, which is within the metropolitan area of Barcelona. It has fourteen commercial delegations, six production plants in Spain, one in Portugal and one in Morocco. In recent years Industrias Titan has focused its efforts on making its products more environmental friendly, right through from product conception to the end user stage. Many of its products have been awarded with the European Ecological Label.

71. Kayalar Kimya

Istanbul, Turkey

www.kayalarkimya.com.tr

PRIVATE COMPANY; YEAR ESTABLISHED: 1976

REVENUE: $128 million

MARKETS SERVED

Architectural coatings; General industrial coatings; Wood coatings

KEY EXECUTIVES

Ersin Kenan Kayalar, chief executive officer; Ender Bahadir Baykara, chief financial officer; Zafer Kayalar, assistant general manager of purchases and finance; Tolga Kayalar, assistant general manager of sales, marketing and IT.

Founded in 1976, Kayalar Kimya provides a stable and reliable production environment of total 59.000 m2 area in Turkey and in Spain, equipped with state-of-the-art technology and cutting edge automation system. With its 60,000 tons of capacity, Kayalar Kimya is one of the Europe's largest paint and varnish manufacturers. Turkish Exporters' Union rewarded the company with "Star of Export" award in recognition of export performance in 60 countries.

72. ICA Group

Civitanova Marche, Italy

www.icaspa.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1971

REVENUE: $125 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 division retains intact the personnel, facilities and expertise of Salchi Wood Coatings, based in Romano D'Ezzelino. In 2017, ICA Group's revenue was $125 million, of which 54 percent 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.

73. Tnemec Company Inc.

Kansas City, MO/USA

www.tnemec.com

PRIVATE COMPANY; YEAR ESTABLISHED: 1921

REVENUE: $124 million

MARKETS SERVED

Water tank coatings; Water and wastewater coatings; Industrial coatings; Architectural coatings; Processing and manufacturing coatings

KEY EXECUTIVES

Chase Bean, CEO and president; Steve Eiserer, CF0.

Since 1921, Tnemec Company Inc. has been a leading manufacturer 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 recently launched new Pure Polyamide Epoxy Coatings, EnduraHeat Coatings for Highheat Application, Series 118 UniBond Mastic, Series 256 ExcellaThane, and Series 208 Epoxoprime MVT. The company currently has 260 employees.

74. Asahipen

Osaka, Japan

www.asahipen.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1940

REVENUE: $121 million

MARKETS SERVED

Onshore coatings; Marine coatings; Automotive coatings; Decorative coatings

KEY EXECUTIVES

Takeshi Tanaka, president; Tatsuo Nishi, managing director; Nobuyuki Goto, managing director; Kazuharu Yamamoto, director; Kogo Sawada, director.

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. Asa-hipen 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.

75. Russian Coatings

Yaroslavl, Russia

www.ruskraski.ru

PRIVATE COMPANY; YEAR ESTABLISHED: 1838

REVENUE: $117 million

MARKETS SERVED

Decorative and building materials; Automotive OEM; Car refinishes; Industrial materials; Powder materials.

KEY EXECUTIVES

Abramov Valeriy, CEO; Savelyev Phillip, director of economic; Kolomichev Mikhail, coatings technical director.

Russian Coatings' production volume in 2017 amounted to 33.5 thousand tons (+seven percent) compared to the previous year), the sales volume in money terms has grown by 5.9 percent in ruble equivalent. Last year all business trends have shown signs of good growth. Within the industrial materials business the sales growth achieved + nine percent. New products under Prodecor have been produced under full capacity. Materials Prodecor in the portfolio volume has increased up to 30 percent.

76. Tohpe

Sakai City, Japan

www.tohpe.co.jp

PUBLIC COMPANY; YEAR ESTABLISHED: 1915

REVENUE: $103 million

MARKETS SERVED

Onshore coatings; Marine coatings; Automotive coatings; Decorative coatings; Adhesives

KEY EXECUTIVES

Hiroyuki Shiaku, president and representative director; Nobuo Matsuki, GM of technology & director; Kunihiko Morishita, general manager of administration and director; Kazutami Kato, vice president and director; Seiji Ishii, general manager of production and director.

Tohpe Corporation is a Japan-based manufacturer that supplies paints and other chemical products. Its paints include synthetic resin paints, lacquers, water-based paints, oil-based paints and thinners. The company's chemical products include synthetic resin adhesive processing agents and synthetic rubber. Additionally, it is involved in the paint related construction activities. The company has 12 subsidiaries and five associated companies. Its offers architectural coatings, exterior paints, steel coatings, concrete protective coatings, marine paints, industrial paints and road paints. In addition, it involves in exterior painting contract and building construction works, as well as in the sale of paint-related equipment. The company was founded in 1915 and is headquartered in Sakai City, Japan.

77. Renner Sayerlack

Cajamar, Brazil

www.sayerlack.com.br

PRIVATE COMPANY; YEAR ESTABLISHED: 1968

REVENUE: $102 million

MARKETS SERVED

Wood coatings; Marine coatings

Renner Sayerlack S.A. manufactures and markets wood paints and varnishes for industrial, professional, and decorative lines. It offers sealers, varnishes, dyes, thinners, removers, wood veneers, and other products for the beautification, protection, durability, and maintenance of wood surfaces. The company markets its products through distributors in Brazil and other Latin American countries. Renner Sayer-lack S.A. was formerly known as Tintas Renner S.A. and changed its name to Renner Sayerlack S.A. in 2001. The company was founded in 1968 and is based in Cajamar, Brazil. Renner Sayer-lack S.A. operates as a subsidiary of Renner Herrmann S.A.

78. WEG Tintas

Guaramirim, SC--Brazil

www.weg.net

PRIVATE COMPANY; YEAR ESTABLISHED: 1983

REVENUE: $100 million

MARKETS SERVED

Powder coatings; Marine coatings; Industrial coatings; Protective coatings; Automotive refinish coatings; Varnishes

KEY EXECUTIVE

Reinaldo Richter, director and superintendent.

WEG Group's Coatings Unit provides solutions in liquid industrial and anticorrosive coatings, automotive refinish coatings, powder coatings and electro insulating varnishes and resins. WEG Coatings is a leader in the Brazilian market in powder coatings and electro insulating varnishes and resins and is a leader in industrial and anticorrosive coatings in Latin America. The company was founded in 1983 and is based in Guaramirim, Brazil. WEG Tintas Ltda. operates as a subsidiary of Weg SA.

Caption: McGarry

Caption: BASF celebrates the inauguration of its first automotive coatings plant at in Thailand. From left to right: Frank Naber(vice president, Regional Business Management, Automotive OEM Coatings Asia Pacific, BASF), Peter Fischer (SVP, Coatings Solutions Asia Pacific, BASF), Dirk Bremm (president, Coatings division, BASF), Andrea Frenzel (president, South & East Asia, ASEAN & ANZ, BASF), Petrus Ng (chairman and managing director of BASF Group in Thailand) and Gecha Rivirulh (director, ASEAN Coatings Business Management, BASF).

Caption: Shaver

Caption: Governor Rick Scott of Florida and Industrialist Hotelier Danny Gaekward Discussing Kansai's Anti-Mosquito Paint with Kalpana Abe, vice president, President's Office, Kansai Paint Co. Ltd.
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Title Annotation:Top Companies 2018
Author:Pianoforte, Kerry
Publication:Coatings World
Article Type:Report
Geographic Code:8AUST
Date:Jul 1, 2018
Words:20644
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