Welcome Guest to Coatings World    Login || Register
Last Updated Sunday, October 4 2015

SigmaKalon and Shanghai IVY Chemical Co., Ltd. join forces to create JV in the Chinese decorative coatings market

By Tim Wright

Published May 17, 2007
SigmaKalon and Shanghai IVY have formed a joint venture which will sell decorative coatings in the Chinese market. The joint venture company will be called SigmaKalon IVY ( Shanghai) Paints Co.Ltd (SK IVY).

IVY has contributed its coatings business, run by Shanghai IVY Chemical Co. Ltd. to the joint venture, whilst SigmaKalon will contribute its Chinese decorative business, run by its affiliate SigmaKalon Shanghai Co. Ltd.

The SK IVY joint venture is owned 85% by SigmaKalon and 15% by IVY. Olivier Krau ,general manager of SigmaKalon Shanghai Paints Co.Ltd, has been appointed as managing director. Francis Wong, the founder of Shanghai IVY Chemical Co.Ltd, has been appointed as general manager.

IVY was established in 1994 with HongKong capital and today it has 300 employees and a manufacturing facility in Songjiang, Shanghai and sells both solvent and emulsion based coatings , under the well-known IVY brand. The IVY brand is the market leader in wood coatings in the greater Shanghai region with a large market share.

SigmaKalon Shanghai Co. Ltd has a factory in Jiading, Shanghai and sells decorative coatings in the professional façade coatings market under the global brand Seigneurie. SigmaKalon is a leading player in the high-end façade coatings and exterior wall insulation market. SigmaKalon's China decorative paint business has 120 employees.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Follow Coatings World On