· Founded in 1917, Chugoku Marine Paints, Ltd. (CMP) has established itself as a pioneer in the marine coatings industry, offering a diverse range of specialized paints that cater to various sectors, including shipbuilding, shipping, power generation, steel, wood, and general construction. CMP's product portfolio encompasses marine coatings, yacht and boat coatings, protective coatings, industrial coatings, functional compounds, and container coatings. The company’s extensive expertise and commitment to quality have fostered strong relationships with a broad customer base, ensuring trust and satisfaction. With over 2,000 employees, CMP's revenue reached $782 million in 2023, underscoring its significant presence in domestic and global markets.
· CMP strongly emphasizes sustainability and environmental stewardship, recognizing its responsibility to harmonize industrial growth with nature. The company actively phases out harmful tin compounds in its anti-fouling marine paints and invests in the development of innovative, solvent-free UV-curable paints to reduce energy consumption during drying processes. By creating lead and chrome-free products and promoting responsible resource management, CMP aims to minimize its ecological footprint while supporting a recycling-oriented society. Guided by a robust sustainability policy, CMP is dedicated to achieving carbon neutrality and fostering ethical practices within its operations. Under the leadership of President Kenshi Date, CMP's focus on innovation, quality, and customer satisfaction ensures that it remains at the forefront of the marine paint industry while contributing positively to local communities and the global environment.
Read More1.Company Overview
2. Key Executives
3. Company Snapshot
4. Sustainability and Social Responsibility
5. Current & Future Growth Strategy
6. Operating Business Segments
7. Product Portfolio
8. Business Performance
9. Recent News & Development
10. SWOT Analysis
Chugoku Marine Paints, Ltd - Company Profile and SWOT Analysis