Powder Coatings

2022 summary

It was a challenging year, which began with industry-wide supply constraints, followed by a macro-economic slowdown. As a result, our Architectural business was impacted by lower demand. We did see increased demand and uptake for our lower cure temperature solutions, due to higher energy costs. However, these cost increases – along with inflation in general – dampened overall demand in many regions, irrespective of end markets.

Despite these challenges, there were positive signs of recovery in our Automotive business in the second half of the year and we continued to invest in new innovations, including automotive applications for wheels, underbodies and EV batteries. The liquid to powder revolution has excellent growth potential, given the underlying increase in demand for more sustainable coating solutions. So we’re well positioned, based on certain lower environmental impacts our powder coatings can offer.

We focused on cementing our clear market leadership and adapted to our customers’ changing needs to continue providing reliable and trusted solutions.

Jeff JirakDirector of Powder Coatings
MclLaren F1 Car (photo)

2022 highlight

We launched our new Futura Collection 2022-2025, which delivers a superdurable performance designed to enable buildings to stand the test of time. The legacy of a building is determined by its ability to withstand its surroundings. The Futura collection therefore reflects our proven commitment to sustainability, while helping designers connect to the latest developments in the built environment. In fact, our architectural offering was the first-ever range of powder coatings to achieve an Environmental Product Declaration (EPD), acknowledging the fact that we’re providing the industry with more sustainable solutions and alternatives.

Lando Norris with two paint cans (photo)

Leading the charge

Received approvals from multiple leading electric vehicle original equipment manufacturers and battery manufacturers to apply our superior Resicoat and Interpon technologies and solutions.

Brand refresh

Relaunched and refreshed our Interpon brand with a dedicated microsite and targeted campaigns to help us further grow our digital presence.

Site investments

Made further investments in our factories in Asia, Europe and Africa.

Low E update

Updated our Interpon Low E product range, based on increasing energy prices and growing demand for sustainable solutions.

Corrosion prevention

Launched Redox One Coat, a corrosion prevention solution for agricultural and construction equipment, metal outdoor furniture, lighting, leisure equipment and steel products.

Lankwitzer deal

Acquired the liquid wheel coatings business of Lankwitzer Lackfabrik GmbH – perfectly complementing our existing powder coatings portfolio.

Resicoat R8

Our Resicoat R8 range of powder coatings was introduced. The products are completely free of intentionally added Bisphenol A (BPA).

Revenue by destination

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Revenue

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Key brands