BRAND-NEW
CIN Ranks 11th In The European Ranking Of Coatings Manufacturers Iberian coating manufacturer CIN was distinguished by the European Coatings Journal as the 11th largest paint manufacturer in Europe, ascending two positions.
C
IN placed 11th in the ranking by European Coatings Journal, which
Coatings’ Powder Business Unit surpassed 10,000 tonnes, and
assesses the 25 best-selling paint and coatings manufacturers in
Architectural Coatings’ Business Unit in Portugal achieved a recorded
Europe based on revenue, including acquisitions and mergers.
volume sales of 140 million euros.
In 2021, CIN’s revenues reached 365 million euros, allowing it to rise two
Furthermore, the results obtained in the other Business Units allowed CIN
positions in the European ranking, from 13 to 11 , reflecting a 12%
to reach a total turnover of 365 million euros, a growth of 12% compared
increase compared to 2020 results.
to 2020.
“This is an important milestone that highlights the constant investment
Currently, CIN has an installed capacity of 135 thousand tonnes,
in innovation and development and, simultaneously, the perseverance
supported by 14 warehouses and distribution centres (equivalent to 150
of rigour and quality - fundamental values for CIN”, stated João Serrenho,
thousand square meters). The production is undertaken by ten factories
Chairman of CIN.
in Portugal, Italy, Spain, France, Angola and Mozambique.
th
th
Despite the 2021 context and its influence on the shortage of raw materials, CIN achieved record results in core business areas: Industrial
© Pedro do Canto Brum
102
N. 76 - JULY/AUGUST 2022 - international PAINT&COATING magazine
For further information: www.cin.com
