Powder Coatings key developments 2014

  • Revenue increased 4 percent compared with 2013, with volume and price/mix increases offsetting adverse currencies
  • Volume growth occurred in Europe, North America and Asia, resulting in a strong year for the business
  • We improved our leading positions across a wide range of segments, with a particular focus on automotive, resulting in improved volumes and revenues
  • A new powder coatings manufacturing facility was inaugurated in Dubai to capture growing demand in the Middle East
  • Production in South East Asia was consolidated at the Powder Coatings site in Vietnam
  • We launched a bright metallic powder coating, Interpon Cr, for furniture, lighting and other interior fixtures, which provides a more sustainable and cost-effective alternative to chrome plating
  • We launched an innovative two-coat, one-bake powder coating system (Interpon Align) which offers customers significant productivity and energy efficiency improvements
  • We also opened a new European Powder Technical Center in Como, Italy

Some of our customers

  • Bosch
  • Mercedes-Benz
  • Philips
  • TATA
  • Whirlpool

Top raw materials

  • Polyester and epoxy resins
  • Titanium dioxide

Key cost drivers

  • Gasoline/naphtha prices