Scribd Logo
Upload

Welcome to Scribd!

  • PPCJ - Top 25

    Uploaded by

    Vy Nguyen
    8 views10 pages
    ttatasta

    Original Title

    120730_PPCJ_Top 25

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    ttatasta

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    8 views10 pages

    PPCJ - Top 25

    Uploaded by

    Vy Nguyen
    ttatasta

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 10
    TOP 25 PAINT MANUFACTURERS IN EUROPE PPCI's review of the top companies in the European coatings business is compiled by leading industry expert and consultant Louis McCulloch of James Consulting isis the third year in succession that we have presented our report on the top companias in EMEA, We also do © very similar report on the lorgest companies in ‘Asia Pacific, which appears in the June issue of Asia Pacific Coatings ‘Journal, PPCI's sister publication. We are clways grateful to the companies in the report who take time to update their profile from year 10 year. They contribute grectly fo the success of the report and we hope they equally goin some benefit from reoding it and seeing how their peers are doing, We feature those companies who we believe hove the biggest sales in our region, thal is Europe, the Middle Eost ond Afri, regardless of where thei headquarters are. So, for example, lost ‘year forthe frst time Kansai Paint of lopon was included by virtue Of their tokeover of Freeworld Coatings of South Alrica, previously known as Plascon. Kansai remains in the top echelon ogain this year but we say gcedbye to Dyrup of Denmark fellowing its ‘ccquisiion by PPG. Wie also waleome back | W Ostendorf whose sales keep them in the perennial twilight zone between just about in cond just about out. Louis MeCuloch, Compiler & Idtor of ECR, Vek: +4 (0)1906 740767 louis meculloch@btconnestcom| Takeovers in recent years affecting Top 25 2011. Dyrup, Denmark, token over by PPG, €193M sales 2010 Freeworld South Africo, taken over by Kansai, €232M sales 2008. SigmaKalon, The Netherlands, token over by PPG, €1914M sales 2008 ICI, UK, token over by AkzoNobel, €3542M soles 2006 Rohm & Hoos USA Powder business taken over by AkzoNobel, €346M soles 2006 BASF C C, Germany, Paint interests (Rolius) transferred to BASF Coatings, €170M salos 2006 H B Fuller, USA, Powder business token over by Valspar, €169M sales Paint & coatings average selling prices Not much sees the light of doy when it comes to paint companies revealing their volumes and so making the calculation of average selling prices easier and more transparent. Most componies are happy to reveal their sales in valve but very reluctant to do the some in volume, There are exceptions, however, and os an interesting exercise in itself and perhaps an encouragement fo those of the ‘not disclosed’ persuasion to renounce their ways, here from this year’s crop of results are the companies from the top echelon that do, Coatings sales Volume ASP. Altona €690M 212M lives €3.25 CIN” €204M 59M Tires €3.46 DAW €1026M == AdOM lives 2.33 Helios €324M 150,227 €2.16/k (€1.68/li) Jotun’ NOK10,658M 600M lies NOK17.76 (€2.28) Materis €637M 229.51 €2.76/k (€2.21/0) National US$420M 400M litres USS1.05 (€0.75) RPM —US$2475M 302M litres USSB.20(€5.89) Yosor USS310M—-110Mires,_US82.82 (€2.26) Lotest Market Conditions Here is @ flavour of what hes happened in the early part of 2012 {8 witnessed by the three largest point companies in our report, which had their say about current conditions in the market when reporting their fist quarter results. (Ranke Company Country Year Currency Group Coatings Coatings Currency Coatings _ EMEA Americas Asia Pacific lin Ending Unit Sales. as %of Sales Converter Sales Coatings Coatings Coatings EMEA Group 2009 Sales Sales Sales 2012 ‘Sales az em__“em__“em ‘m |11(1)_AvaoNobel_Nehetends Dec] € 15,007 66 10.466 1466 471031402617 22) PG, Usa Dee 11 USM 14,685 —_73_10,688 1.35 Tay 3658 3830 179 38) BASF Gomony Dec 1__€m___78.497 42777 2777 4a 861 472 43) Dufont USA Dec 11 USSM 97,961 14261129 goa 15221352 400 516)_DAW Germany Dec 1 €M 1193861026 1026 1016 o 10 (5) Jotun Norway Dee 11 NOKM 10,658 100 10,658 7.80 1366913 a1 a0 79) Sto ‘Germony Dec 1 €M hoy 64___—708; 708651 35 21 (7) Tikkorie Finland Dee 11 em “4410064 ad 64a a o 3 (8|—Meterie France Dee 11 31s 78637 637 605-32 0 10 (10) Hempel —Denmor Daz 1emt T077 Too 1077 a a2 T1(12) RPM USA Mey USS 338 73247515 1777 4621362 33 1211) Bilas Germany Dee 10 em 467912497 425425 o ° 1513) Velspor USA ‘Gait Us 395394 3704159 2659372 1569 78 14 (16)Helios Slovenia Dee 1__em" 338_—96——«S4 324324 © 0 15 (13]Atona——Germony Dae enh T6743 690 690317179 133 16 (14]Beckers —Swesen Dee 11S 717 73__4159_9.04 46031328 120 17 (18|Netionel Jorden Dee 11 USM 49385 4201.39, 302 296 0 é 18 91WN ely Dec 07 __€M ‘37087 21.9 322258 16 as 19 20]Meffed Germany Dec 10 em 27100271 271257 7 Ta 20,(22)Teknos Finland Dec 11__€M 247100247 BAT 247 o 0 212 )Yosor Turk Dec 11_USSH_— 140022 3101.39 5211 0 Ti 22 (23)CIN Portygol Dec 11 €M 201 97204 204 200 © 4 25.) Owendod Gomory Dee 10 em 22460179. 79179 0 0 24 25) sherwin-W_USA ‘Dee 11 UsSmt 6746 806701 466179 aa % 25 (17)Kensai—lopon Mer 12 ¥M 256,590 100 256,590 111.06 mio 92 ~~ —«S xe Freeworld TOTAL aa450 18,690 16,654 9107 cank in ENEA 2011 38 EUROPEAN COATINGS REVIEW — July 2012 _www.coatingsgroup.com Gow AkzoNobel: "We continue to mitigate the adverse eifecis of, higher raw material costs. However, our volumes were down refleciing the volatile noture of the economic conditions.” In the quorier, we benefited from strengthening demand in the United Stotes in most end-use markets and growth in emerging regions, which offset weaker European activity. Busi results were strong in the eerospace, automotive OEM coalings, indusiiol coatings, as wells in the architectural coatings business in the United States.” BASF: “After a weak fourth quarter in 2011, BASF’s business recovered in the firs! quartar of 2012. However, higher raw moterial costs could only be partly possed on. The company expects global economic growth to continue over the course of 2012. Uncertainty on the financial markets dampens growth prospects, Poslive sfimulus for the chemical industry will mainly ‘come from the emerging markets. BASF's expectations for the global economy in 2012 remain unchanged: * Growth of gross domestic product: 2.7% + Growth in industrial production: 4.1% + Growth in chemical production: 4.1% + An average euro/dollar exchange rate of USS1.30/€ + An average oil price of USS110/borrel” (Cover image: ©AkzoNobel Powder Coatings Lid. Permission 10 reproduce the cover image must be approved by AkzoNobel Powder Coatings Lid. AKZONOBEL AlezoNobel NV Sirowinsiyloan 2555, PO Box 75790, 1070 AS Amsterdam The Netherlands| Tel, +31.20 502 7555; Fox: +31 20 502 7666; wrwckzoncbel.com Public company. Ticker! AMS:AKZA Peer Group: PPG, Sherwin-Williams, Nippon, Velspay, Kansei, BASE DuPont Key Figures Group Sales 2011 15,697" Coatings Seles 201 10/4664 Goatings as" of Group Soles 66% Coatings Volume 215M lies Employes 44,300 (Coatings) Geographic Sales: EMEA 50% ‘Americas 32%% Asia Pacific 18% (Decorative) EMEA 40% ‘Americas 28% Asia Pace 32% [Petermance) Soles Growth: 2onl 8% 2010 414.5% 2009 -9.5% (Coatings) Business Segments Deco 80%, Porlormance SOX (Marine/Protectve 14%, Aulomotve/ Aerospace 10%, Industrial 10%, Ponder 9%, Wood/Adhesves 7%) Executive Team 2011 Hons Wiers CEO and Chairmon of Boord of Management Keth Nichols CFO Ust Dorner Executive Commitee member responsible for Performance Cootings Tex Gunning Executive Commitee member responsible for Decarctive Point's Rob Frohn Executive Commitee member responsible for Specially Chemicals Executive Commitee member responsible for Research, Developmen! & Innovation Executive Commitee mamber rerponsible for HR and (Organizational Development Execuive Commitee mamber ond Generel Counsel Eroculive Commitee member responsible for Supply Chein/Soureng Geoeme Armstrong ‘Marian Gudeman Sven Dumoutin Wernae Fuhrman Recent Developments: 2011 Business Performance Decorative Cootings Lounch of new giobal Dulux band identity ‘Merger of fivee European Decorative Pains businesses into one EMEA orgonisation Completion of Walmart point programme in USA (Opened ond upgroded more than 720 stores in China Shot the-art menulacuring faulty commissioned in Hyderebad, Ince atings Zero waste production plant leunched in South Eost Asia Coral confirmed Brazil's leading paint brand Consolidated long: sianding reltionship in Canode with mejor ‘taller RONA, Performance Coctings | ‘began supplying fst moinsream possenger vehicle line in world to use Inout new reser aborsaza for fre protein technology ond powder resin polymer in Felling, Reguired Schramm Holding AG ond coatings oties of Koreon company S8CP ‘Ronpunced invesiment in new Automotive and Aerospace coctings facility {in Chengnhou, Ching Sorted up plant in Vieinam for Wood Finishes and Adhesives business Opened ponder costings facory in Montorrey, Mexico and expanded powder pion! i lms, Turkey Outlook for 2012 Economie environment and certain row moterals remain key sensitivities 2. PPG PPG Industries Ine One PPG Piece, Pisburgh, PA 15272, USA Jel +1 412 434 3131 sennppg.com Public compony. Ticker: NYSE:PPG Peer Group! ‘AkzoNobel, BASF Beckers, Beh, Benjomin Moore, DuPont, Kasei, KCC, Nippon, Sherwin Willems, Valspar Key Figures: ‘Group Soles 2011 Uuss14.a850 Coctings Sales 7010 uss10/888" Coatings a: 5 of Group Seles 73% Geatings Volume 1450 lites Employees 38,400 Geographic Seles: EMEA 30% Americas 49% Asia Pocfc 17% Solos Grow 2011 F104% 2010 +8.2% —-2009-16.9% {Coatings} Business Segments: Performance Coatings 31%, Industil Coatings 26%, Architectural Coatings - EMEA 14%, Optical & Specially Moterel 8%, Commediy Chemicals 12%, Glass 7% Executive Toor: Chorles € Buren Chairman & CEO J Rich Alexonder Enoculive VP Piorre-Marie De Leener, Executive VP Viktoros & Sekmakas Senior VP Industriol Coctings & President FPO Europe Dovid 8 Nevikas Senior VP Finance & CFO Glenn E B03 I Senior VP & Generel Counsel Gynt A. Niekomp Senior VP Automotive OEM Coatings Chotes Foie Gis Taehnelogy Oca & VP Cootings ED ‘Michoel Horton Fresient PPG Aaa Pate & VP Ausomolve Balan & Archtecturol Coating, sto Potic Bory N Gilospie VP Aerospace Produets Thomas Mack Ye Protective & Marine Cooings Jolin R Outeat VP Glob Auiemotwve Retnish Douglas 8 Peng Ve Packaging Coatings vp ach Rom Vadlemannat jecturol Cootings ~ EMEA Recent Development 2011 Business Performonce ‘Acquiifon of Ducol Coatings, South Afric, PPG Refinish importer ond dieibutor snce 2008 Performance Coatings ‘Slight volume increases in Refinish ond Aarospoce | Lowsinole digit percentoge volume declines in Protective and Marine, ‘Acditecurd| = Ameria end Aso Pocie coofings Industriel Coatings Higher volumes in Automotive OEM, Indusiriol and Packoging cootings ‘Acchitecturel Coatings - EMEA | Sele tp 12, $i cen, 1% acaied buts, einer sling rice ‘and volume gains Suto fy 2012 7 ‘Mode-cte USA economy strengthening, challenging European region, | Imore evrfie ond moderate growin emarging regions | Price increases to effet clready absorbed inoui-cos inflation 39. EUROPEAN COATINGS REVIEW — July 2012 www.coatingsgroup.com Sooo eee ee eT Ee ee E EEE hia bias First quarter Sales up 6% ‘Requisition of Dyrup, Danmark, closed January 2012 ‘Acquistion of Colpise, Colombia, closed Jonuary 2012 ‘Cesireducton resrucuring to impact about 2000 employees, primarily

    You might also like