PUBLIC COMPANY; YEAR ESTABLISHED: 1918
REVENUE: $2.943 billion (2016: $2.911 billion)
Automotive coatings; Decorative coatings; Industrial coatings; Marine and protective coatings
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 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.