PRIVATE COMPANY; YEAR ESTABLISHED: 1976
REVENUE: $120 million*
Architectural coatings; General industrial coatings; Wood coatings
Ersin Kenan Kayalar, chairman;Zafer Kayalar, board member; Tolga Kayalar, board member.
With 60,000 tons of capacity, Kayalar Kimya is a major player in the Turkish paint and coatings field, earning 23% of the market, with its primary focus on industrial furniture and wood coatings. Kayalar Kimya is one of the Europe’s largest paint and varnish manufacturers, and has built up a strong export base, earning the Turkish Exporters’ Union’s “Star of Export” award in recognition of export performance in 60 countries. All told, the company has a total of 59,000 square meters in Turkey and Spain.