Seoul, South Korea
Founded in 1946, Samhwa Paints makes a wide range of products from DIY paints to architectural paints, heavy-duty coatings, marine paints and special industrial coatings such as PCM coatings, car coatings, plastic coatings, UPE coatings, UV coatings and powder coatings. In 2012 Samhwa posted sales of $133 mn. During the year the construction of the Samhwa Research Institute in China was completed in Zhangjiagang Co., Ltd. and the Gwangju office of Samhwa Paints built a new office building at Yongbong-dong, Buk-gu, Gwangju Metropolitan City. Also during the year the company set up a subsidiary in Vietnam in Bac Ninh. This local subsidiary is expected to produce about 500 tons of paint annually, including paint for plastic products such as mobile phones and vacuum cleaners as well as paints used for covering high-quality structures.
YEAR ESTABLISHED: 1946
REVENUE: $425 million
• Decorative coatings • Industrial coatings
• Auto refinish coatings • Powder coatings
• Marine and protective
Jang Yeon Kim, chairman and CEO; Ja Hyun Koo, VP and CEO production; Hak Heon Lee, VP, management.