Environmentally Friendly Powder coatings

Introduction

Environmentally Friendly Powder coatings have been introduced from 1970's in the world paint market place. SPI ( Sam Hwa Paint Industrial Co.,Ltd. www.spi.co.kr ) has been a well established liquid paint company since 1946. After over 58 years of being the leading paint industry in Asia, SPI formed a powder coating subsidiary called POWCHEM Co., Ltd. (www.powchem.com) in 1996.

The foundation of POWCHEM is to establish a high-qualified product that is environmentally friendly. This is accomplished by having a very rigid quality control together with the state of the art production facility to manufacture powder coatings. The entire manufacturing process from the incoming raw materials to the finished product of POWCHEM is a flow of consistency. Because of their dedication to excellence, POWCHEM became of the most successful in a short period of time. The mission of POWCHEM is to provide the customer with the highest quality and service in all aspects when dealing with powder coatings.

About products (Trade name of products is POWTON® series)

POWCHEM offers the whole range of powder coatings.

• Hybrid (Epoxy/Polyester) - HB 8000 series.
• Polyester (Polyester/TGIC and Polyester/H.A.A ) - PT 7000 and PM 6000 series.
• Polyurethane ( Polyester/Poly-isocyanate ) - PU 2100 series
• Super Durable Polyester ( Polyester/TGIC ) - PT 7400 series. 10 years warranty.
• Epoxy E 5000 series for Rebar and Pipe coatings.
• Acryl A 1000C series for aluminum alloy wheel.
• POW-BOND® ( Bonded metallic powder coatings)
• POW-TEMP® 650 and 1200 ( High heat resistance powder coatings)
• POW-THIN® 250 for thin film coatings for PCM coatings as EMB toner.
• POW- NIR® for wood and plastic coatings

Advantages of POWCHEM powder coatings

Newly developed production facilities are introduced to serve high quality products, designed to meet customers' need. The entire manufacturing process from the coming raw materials to the end process of products has a consistency flow with quality step inspections.

• Weighing by automatic Silo system
• Pre-mixing by twin blade of Mixaco Mixer.
• Extrusion by Buss Kneader and ZSK twin extruder.
• Milling by two cyclone system with Ultra-sonic vibrator attached sieve.
• Packing by double weight checking of semi automatic system.
• Specialties by container tumbler blender system.
• Color matching by computer colorimeter system.
• Particle size distribution by Malvern Master Sizer.
• Bonding by specially self designed container mixer etc…

Well-organized production and testing equipments harmonized to produce the best quality of powder coatings for the whole ranges, all kinds of powder coatings. Any kinds of products can be serviced even 50 Lbs and over more than 40,000 Lbs of batch size. Based on the high technology and the latest developed machineries can make possible to produce up to 8,000 tons of an annual capacity.

About POWCHEM CO.,LTD.

1. Brief report about POWCHEM CO.,LTD.

Company Name	POWCHEM CO.,LTD.	Main Business Field		Powder Coatings
President	Chei Koo, Kim	Brand of Products & H.S. Code No.		POWTON 3907.30.9000 3907.99.9000
Established	01 Feb,1996	Number of Employees (01 JAN,2004)		70
Registered Business Code No.	134-81-30349	Capacity of production by tons per year		8,000
Postal Address	# 681-2,Sunggok-Dong,Ansan, Danwon-Ku,Kyunggi-Do,Korea	T E L N O	Domestic & Overseas Business Team	+82-31-494-1125 to 7
Homepage	www.powchem.com		General Administration Team	+82-31-494-9434 to 5
E-mail	Info@powchem.com		Technology Team (R&D)	+82-31-494-9304 to 5
Paid in Capital	40.2 Billion (Korean Won)	Fax No.		+82-31-494-1348

2. Chronicle of POWCHEM CO.,LTD.

01 Feb, 1996	Established POWCHEM Co., Ltd.
06 May, 1996	Contracted the technical license agreement for powder coatings with Poudroc Coatings in France.
18 Jun, 1996	Built Shihwa plant of POWCHEM
19 Jul, 1997	Start production
27 Nov, 1998	Increased the capital to 40.2 billion Korean Won
25 Mar, 1999	Set up R&D institute in POWCHEM CO., LTD
01 Dec, 1999	Designated as the technical research enterprise by Military Manpower administration.
27 Dec, 1999	Selected as top-ranking 100's technology companies in Korea by Ministry of science & technology.
01 Feb, 2000	Designated as the highly competitive technology company by Kyunggi regional office, small & medium business administration.
10 Jun, 2000	Designated as the promising export oriented small & medium Sized enterprise by Kyunggi regional office, Small & medium Business administration.
18 July, 2000	Expanded production line up to 8,000 tons per year.
01 Nov, 2000	Contracted supplying agreement with Cloverdale Paint in Canada. Started supplying to Smed and Black and Decker.
08 Nov, 2000	Contracted supplying agreement with Pioneer Paint in USA.
15 Dec, 2000	Procured ISO 9001
19 Jan, 2001	Contracted supplying agreement with CMP ( Chugoku Marine Paint) in Japan.
25 May, 2001	Contracted supplying agreement with Samsung Electronics in Malaysia
29 Nov, 2001	Contracted supplying agreement with The Thermoclad in U.S.A.
19 Feb, 2003	Supplied to DASCO in Kuwait
21 Feb, 2003	Contracted supplying agreement with Samsung Electronics in Thailand
28 Feb, 2003	Transferred technology to produce “OEM” powder coatings to Kinte Powder Coatings in Guangzhou in China.
01 Mar, 2003	Contracted Consortium to development of EMB project with DSM in The Netherlands and Seil Steel in Korea.
19 Nov, 2003	Procured ISO 14001.

3. Affiliated company

(31 Dec. 2003)

Company Name	Established	Total Assets	Paid-in Capital
Samhwa paints Industrial Co., Ltd.	09 Apr, 1946	170.6 billion Korean Won	11.2 billion Korean Won
Sales	Net income Of Current term	Relation
201.2 billion Korean Won	72.0 billion Korean Won	Samhwa Provides 30% of POWCHEM's capital

4. Management

(31 Dec. 2003)

Title	Name	Educational Background	Period of Paints Industry Service	Division
President	Chei Koo, Kim	Korea University	33 Years	C.E.O.
Director	Hee Sik, Park	KyungPook University	27 Years	Managing Director
Director	Kang Jin, In	DongGuk University	23 Years	Production
Auditor General	Hak Hun, Lee	KwangJoo University	33 Years	Audit