Dimet

Company Profile

Dimet (Siam) Public Company Limited was founded on 9 February 1982 to manufacture and sell high performance protective coatings for Oil and Gas industries, Off-shore platforms, refineries, power plants, public utilities and other steel structure. Since establishment, and advance technology, at present DIMET has covered many types of coating i.e timber finishes, industrial coatings and architectural coatings.

2005	DIMET increased capital from Baht 6,500,000 to Baht 20,000,000. DIMET invested in Suncoat Company Limited ,who is a Japanese manufacturer and a trading firm of heat resistance paints for automobile and electrical appliances industries.
2006	DIMET acquired Asian Corporation Control Trading Limited (ACCT) to improve flexibility and efficiency DIMET increased registered capital from Baht 20,000,000 to Baht 60,000,000 and 70,000,000 Baht respectively, of which ONE FUND held 100,000 shares worth 10,000,000 Baht.
2007	DIMET transformed from private company limited to public company limited. DIMET increased registered capital to Baht 90,000,000 and changed registered share value from Baht 100 per share to Baht 0.5 per share, then company had 180 Million shares, totally. DIMET signed special manufacturing agreement with PPG for manufacturing high performance protective coatings and distribution in Thailand for three years (from January 1, 2008 to December 31, 2010).
2008	DIMET has issued an IPO at 1 Baht per share for 40 Million shares on 10 – 14 January. DIMET's shares had been registered in MAI stock market and began trading officially. DIMET signed an addendum to Special Manufacturing Agreement with PPG Industries, Inc. to provide better service to local customers. DIMET signed "Distribution Agreement for BILUX Auto Refinishes" with PPG Industries Inc, for 3 years, effective from April 1^st, 2008 to March 31^st, 2011.
2009	Expanded laboratory on the third floor of existing main building and built raw material warehouse to improve safety and efficiency. Built 4 Solvent storage tanks of 15,000 L. each to improve efficiency and costing.
2010	Develop and modify production area and warehouse to serve increment of production capacity of Architectural Coatings and Industrial Coatings. Has increased registered capital in ACCT from 2 Million Baht to 4 Million Baht, which DIMET has 99.98% in ACCT. DIMET and ACCT were appointed to be an exclusive agent from Wilson Taylor Asia Pacific Pte Ltd in Singapore to expand Cathodic Protection business in Thailand.

Dimet (Siam) Public Company Limited produce high performance protective coatings for various industrial and big construction projects, such as petrochemical plants, refineries, power plants, oil and gas platforms in the Gulf of Thailand, as well as timber finishes, decorative paint, and industrial coatings. At present, the Company manufactures and distributes 4 major business units, the characteristics of each business line is summarized as following;

Protective Coating

Protective coating used for steel structure to prevent corrosion from internal and external environments ,such as UV, sea atmosphere, industrial environment, chemical fumes, etc. Moreover, the coating will maintain its appearance in severe industrial environment for long lasting usage life. According to industrial classification, protective coatings are comprised of primer, intermediate coating and top coating. Each layer has different function as follow:

Primer : To prevent rust and increase adhesiveness with steel surface such as Inorganic Zinc Primer
Intermediate : To enhance strength of coating, such as Epoxy Coating
Top coat : To prevent surface exposure from external environments such as UV light, sea environment, and chemical atmosphere; like Polyurethane Coating.

Timber Coating

Coating used to coat timber to enhance appearance and make it more durable in actual usage. The coating is usually applied multiple layers to obtain desired characteristics, such as smoothness, shines, resistance to washing detergent, etc.

Architectural Coating

Paints used for building, home, hotel, or office building to obtain beauty and durability from various environment atmosphere. Decorative paints usually consist of primer and top coat. Some coating is flexible, prevents leakage, anti-fungus both indoor and outdoor and easily cleaned. Moreover, some coating can reflect heat from sunlight to conserve energy, and some are odorless for interior painting to prevent irritation to the residents.

Industrial Coating

Coating is applied to various industrial products and parts. Each type of industrial coating shall have different characteristics due to specific needs for each industry.