YEAR ESTABLISHED: 1946
REVENUE: $450 million
Aerospace Coatings; Architectural Coatings ; Floor and Protective Coatings; Industrial Coatings; Powder Coatings; Car Refinishes
J.Y. Kim, CEO; S. Huh, COO; J.S. Oh vice president.
Samhwa Paints Industrial Co., Ltd. celebrated its 70th anniversary this year. At Samhwa Paints, approximately 30 percent of employees are engaged in R&D activities. Samhwa invests 4 percent of revenue in R&D, and the amount increases year after year. Through the continuous investments in R&D, the majority of products being developed and sold are as premium paints such as The Classy and Aisaengkag. Samhwa makes a wide range of products from decorative paints to paints for architectural application and performance coatings such as plastic coatings, metal coatings, automotive refinishes, electronic materials coatings, protective coatings and powder coatings. The company also produces high-tech functional paints and aims to supply develop innovative products from its state-of-the-arts facilities.