Powder Coatings

• Achieved strong topline growth, driven by volume, price and product mix. Ongoing focus is on further strengthening our market position for premium products
• Headwinds from raw materials lowered the net impact of margin growth
• Officially opened our new Changzhou plant in China, one of the largest facilities of its kind in the world
• Also opened our new Thane plant near Mumbai in India, which is fully equipped to offer a broad range of products tailored specifically to the local Indian market
• Following the 2017 acquisition of V.Powdertech in Thailand, we began integrating the business into our activities
• Launched Interpon Precis ultra matt, a super-durable architectural powder coating
• Several other new products were also introduced, including Interpon IT 4002, a high performance, single coat TGIC-free polyester powder coating for the telecommunications industry
• Our Interpon brand continues to be the powder coating of choice for protecting and beautifying important landmarks. Recent projects include: Istanbul Airport in Turkey; Van Don Airport in Vietnam (one of the first buildings in South Asia to be protected by our hyper-durable powder coatings); and Westminster Abbey in the UK, where we coated all the window frames on the first major addition to the famous building since 1745 (see Case studies)

Some of our customers

Geo-mix revenue by destination

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