Change

Performance Coatings
Key developments 2010


  • Acquisitions of Changzhou Prime Automotive Paint Co., Ltd. and Lindgens Metal Decorative Coatings and Inks
  • Completion of acquisition of the former Rohm & Haas powder activities from the Dow Chemical Company
  • Powder Coatings inauguration of a new plant in Wuhan, China, and a lab in Ningbo, China
  • Official opening of new, worldwide marine testing lab in Singapore
  • Investment in expansion of capacity for Coil Coatings and Specialty Plastics in Bangalore, India
  • Work underway on the new Wood Finishes and Adhesives plant in Vietnam
  • Merger of Aerospace Coatings activities into Car Refinishes
  • Marine and Protective Coatings investment in UK-based global fire protection center of excellence

 

Key figures in € millions

 

 

 

 

2009

2010

 

 

 

Revenue

4,112

4,786

EBITDA

594

647

EBITDA margin (in %)

14.4

13.5

EBIT

492

540

EBIT margin (in %)

12.0

11.3

Operating income

433

487

Moving average ROI (in %)

25.3

26.5

Employees by region at year-end

 

 

 

 

2009

2010

 

 

 

US and Canada

3,100

3,300

Latin America

1,700

1,700

China

3,800

4,100

Other Asian countries

3,000

3,000

The Netherlands

1,000

1,000

Germany

1,000

1,200

Sweden

900

900

UK

1,400

1,500

Other European countries

2,900

3,200

Other regions

1,100

1,100

Total

19,900

21,000

Revenue breakdown by business unit
in %

Performance Coatings – Revenue breakdown by business unit in % (pie chart)

Product: Eco-premium solutions
% of revenue

Performance Coatings – Product: Eco-premium solutions as % of sales (bar chart)

Key value chains with carbon
footprint assessment

Performance Coatings – Key value chains with carbon footprint assessment (bar chart)
Performance Coatings – Total reportable rate of injuries per million hours (bar chart)

Geo-mix revenue by destination

Performance Coatings – Geo-mix revenue by destination (map)
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