Port Said, Eqypt
YEAR ESTABLISHED: 1985
REVENUE: $189 million
• Automotive refinish • Decorative paints
• Wood finishes • Resins
Mohamed Mohamed Ahmed El-Sayed, CEO; Amr Mohamed El-Sayed, commercial director; Lotfy Hassan El-Badrawy, R&D director.
The company was founded in 1985 under the name Kantara Paints and Chemical Industries specializing in car refinish paints. In 2002 the company opened its current headquarters located in Port Said and changed its name to Kapci Coatings. In 2014 Kapci generated revenue of $189 milliion. Car refinishes accounted for 52 percent of sales; architectural and decorative coatings 32 percent; and wood finishes accounted for the remaining percentages. Kapci Coatings’ production facility is located on 210,000 square meters of space where the company has an annual production capacity of roughly 80,000 tons. Kapci Coatings is currently exporting its paint products to more than 42 countries around the world. It has four branches in China, India, Brazil and the UAE. Kapci recently launched Kapci Dima, a waterborne coating.