Top Companies Report

22 Chugoku Marine Paints

July 7, 2016

Chugoku Marine Paints
Tokyo, Japan
www.cmp.co.jp

PUBLIC COMPANY
YEAR ESTABLISHED:
1917
REVENUE:  $950 million

MARKETS SERVED
• Marine coatings     
• Industrial coatings
• Container coatings    
• Adhesives

KEY EXECUTIVES
Tetsuo Yamazumi, chairman; Masataka Uetake, president and CEO.

Chugoku Marine Paints manufactures paint for ship, 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. A key product is SEA GRANDPRIX 880 HS hydrolyzing self-polishing tin free antifouling paint. It utilizes CMP’s hydrolyzing technology with hydrolysis compounds. More than 5,000 vessels were coated in the last 11 years including over 3,500 vessels completing their 60 months in service period successfully to date.

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