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Korean coatings show, 12-13 October 2005, JW Marriott, Seoul, Korea.

By Faux, Ian

Date: Monday, August 1 2005

It is our pleasure to welcome visitors and exhibitors to the Korean Coatings Show in Seoul, where it is fitting that one of the world's leading nation's in shipbuilding, should be the venue for a trade event that brings companies from across the globe to discuss ideas and business opportunities.

The Korean Coating industry is looking healthy, and whilst market growth in the Asia Pacific region has been dominated by the burgeoning success of the Chinese and Indian markets, Korea's future is very promising.

The Korean ship building industry is the biggest in the world, closely followed by Japan, and these two countries alone accounted for more than 60% of the world's ship building industry in 2004. South Korea is expected to remain the leader until 2010, and this will sustain the demand for marine coatings in Korea for the next 5 years, as growth is expected at a steady 5%.

The decorative coatings market is on target to grow at a rate of 4% by 2007, and automotive coatings is said to be growing at a healthy rate, in line with the prospering Korean automotive industry. A more in depth account of the overall Korean coatings market is available on P 51.

On behalf of all my colleagues at The Coatings Group, part of drag world media, I hope you have a successful show, find the opportunity to meet new clients and suppliers, make the most of the progress in the international coatings industry, as well as benefiting from excellent prospects in the Korean market.

37

Aican Corporation 2nd Floor Jung Wood Building, 1552-8, SeoCho-Dong, SeoCho-Ku, 137-873, Seoul, Korea

Tel: +82 2588 1162

Fax: +82 2588 9283

Email: aicancorp@hanafos.com

Website: www.aicancorp.com

Stand Contact: Kwak Yoon Mo

This company is co-exhibiting with Thor. (See separate entry.) Aican is a trading company handling chemical additives such as biocides, thickening agents, aluminium pastes, pearlescent pigments and engineering plastic resins such as nylon, PPS, PPE, MBS and non-carbandazim, ACTICIDE MK family.

30

Asia Pacific Coatings Journal

Queensway House, 2 Queensway, Redhill, Surrey, RHI 1QS, United Kingdom

Tel: +44 (0)1737 855127

Fax: +44 (0)1737 855034

Email: ianwilson@uk.dmgworldmedia.com

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