Chemco

What Chemco does

Chemco (legal name: CHEMCO proizvodnja barv in lakov, d.o.o.) is a Slovenian family-owned manufacturer of paints, coatings, and primers, headquartered at Tržaška cesta 132, Ljubljana. Founded in 1992 by Janez Mulec as a small trading company, it transitioned into a vertically integrated producer with its own 4,000 m² production hall, 17 tonnes per day of capacity, and an in-house laboratory. Currently led by the founder's sons Matjaže and Marko Mulec, the company exports to 15 countries and holds ISO 9001 and ISO 14001 certifications.

The product portfolio is organized into two primary brands — RepairXtreme for automotive refinish and CHEMCO Industrial for protective coatings — plus an E-SPEED energy-efficient sub-line. Core chemistries span 2K polyurethane, 2K epoxy, 1K alkyd, and acrylic polyurethane coating systems, with named product families including DURAPOX epoxy primers, DURAPUR polyurethane topcoats, DURACRYL acrylic topcoats, DURALUX alkyd systems, and specialty offerings such as LIZARD SKIN textured coatings. The proprietary E-SPEED line offers a 60-minute air-dry cycle at 20°C ambient (versus 60°C booth drying), with reported energy savings of 27% and spray-booth productivity gains of at least 30%. A UV-curable 1K filler enables minutes-long cure cycles for small repairs.

Chemco operates a B2B direct-sales model targeting automotive body shops, industrial OEMs (truck trailers, truck mixers, modular buildings, railroad wagons, agricultural and construction equipment), and institutional/infrastructure customers (ports, municipalities, universities, breweries, sports facilities). Distribution is handled in-house for most markets with a regional partner (MI Masteri d.o.o.) covering Croatia. Pricing is quote-based and not publicly disclosed; the company does not offer a software platform, app, or API and has no disclosed external funding, operating instead on family equity and reinvested earnings.

Name

Chemco

Legal name

CHEMCO proizvodnja barv in lakov, d.o.o.

Website

https://chemco.si

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Chemco (CHEMCO d.o.o.) is a family-owned Slovenian manufacturer of industrial and automotive refinish coatings — primers, topcoats, fillers, and clearcoats. It exports to 15 countries from its Ljubljana facility, serving body shops, industrial OEMs, and infrastructure customers.

Ownership category

akta.pro rank

Product category

Industrial and Automotive Coatings

NAICS

Paint and Coating Manufacturing (32551), Paint, Coating, and Adhesive Manufacturing (3255)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Adhesives & Sealants (2891)

akta.pro primary industry

Industrial & Protective Coatings (IMAEAGAB)

akta.pro secondary industry

Automotive & Transportation Coatings (IMAEAHAC)

Keywords

• Industrial coatings
• Automotive refinish
• Protective coatings
• Epoxy primers
• Polyurethane coatings

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations

Revenue model

1. Coatings and Paints Sales: CHEMCO generates revenue through the sale of industrial coatings, automotive refinish products, protective coatings, and nautical coatings. Products include primers, topcoats, fillers, clearcoats, thinners, and hardeners sold under RepairXtreme (automotive) and CHEMCO Industrial brands. The company operates own production facilities and exports to 15 countries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Chemco manufactures paints, varnishes, coatings, primers, fillers, clearcoats, thinners, and hardeners under two main product lines: RepairXtreme (automotive refinish coatings for car body repair shops) and CHEMCO Industrial (protective coatings for steel structures, commercial vehicles, ACE industries, nautical, and protective outdoor applications). The company owns a 4000 m2 production facility in Ljubljana with a daily capacity of 17 tonnes and exports products to 15 countries.

Product overview

Chemco is a coatings and paints manufacturer offering two distinct product portfolios: RepairXtreme (automotive refinish coatings) and CHEMCO Industrial (protective coatings for metal structures). The RepairXtreme brand includes 2K acrylic fillers (RX 4110, RX 4150, RX 4160), E-SPEED energy-efficient products (RX 4810 UV filler, RX 4820 UHS filler, RX 6830 clear coat), and various clear coats (RX 6150, RX 6240, RX 6320, RX 6450), along with compatible hardeners and thinners. The Industrial line features epoxy primers (DURAPOX 310, 315, 370), polyurethane coatings (DURAPUR 245, 320, 335, 510, 525), acrylic topcoats (DURACRYL 800), and alkyd coatings (DURALUX 150, 180). The company also produces specialty products like the LIZARD SKIN textured coating for commercial vehicles. CHEMCO Industrial focuses on steel structure protection for commercial vehicles, agricultural machinery, construction equipment, and industrial applications, while RepairXtreme serves automotive body repair shops.

Differentiator

Problem solved

Functional benefit

Brands

• RepairXtreme: Young and dynamic brand offering a wide range of own-production products for car body repair and auto refinish. Instrument for flawless work, ensuring increased comfort and speed of work processes.
• E-SPEED

Products and services

• RX 5550 LIZARD SKIN - BLACK 2K polyurethane textured coating with high resistance to mechanical and chemical impact, intended for truck bed surfaces and heavy-duty commercial vehicle surfaces, also used for noise insulation and underbody protection.
• RX 4110 ACRYL FILLER 2K HS 4:1 High quality 2K acrylic filler for car repair with over 60% solid content, providing anticorrosion protection and insulation between polyester materials and top coats; ready to sand in 2 hours at 20°C.
• RX 4150 ACRYL FILLER WoW 4:1 Multipurpose 2K acrylic filler designed for wet-on-wet application, with over 50% solid content, providing great coverage and saving sanding time.
• RX 4160 ACRYL FILLER 2K 4:1 Affordable 2K acrylic filler with smooth surface for short sanding time, providing anticorrosion protection and drying at 20°C within 4 hours; available in grey, black, and white.
• RX 4810 E-SPEED 1K UV FILLER 1K UV curable filler suitable for small repairs, isocyanate free; cures in minutes under UV light, drastically reducing preparation process time.
• RX 4820 E-SPEED 2K UHS FILLER 4:1 Premium quality 2K acrylic primer for small to medium repairs with fast dry-to-sand times; ultra high solid content enables air drying and ready-to-sand in 1 hour at 20°C, with 30-60% energy savings.
• RX 6240 CLEAR COAT SPECIAL 2:1 2K clear coat resistant to scratching with fast drying time, good flow and UV resistance; designed for commercial vehicle painting.
• RX 6320 HS CLEAR COAT SPECIAL 2:1 HS clear coat with high quality transparent surface resistant to scratching, fast drying, good flow, UV resistant (non-yellowing); designed for use with solvent and waterborne base coat.
• RX 6450 UHS CLEAR COAT 2:1 UHS advanced two component clear coat with high solid content and low organic compound content; high scratch resistance, good flow, UV resistant, fast drying with high gloss and great depth.
• RX 6830 E-SPEED UHS CLEAR COAT 2:1 Ultra-fast air drying high solids clearcoat for body-shops with high production requirements; dries at 20°C in 25 minutes (air dry), with superior gloss and excellent weather resistance.
• RX 6150 CLEAR COAT 2:1 AS 2K clear coat resistant to scratching with fast drying, good flow, UV resistance and weather resistance.
• DURAPOX 315 2K Primer HS 2K thick-layer primer based on epoxy resins with active anticorrosive pigment and chemically resistant fillers; suitable for demanding exposure conditions in steel structure protection.
• DURAPUR 525 2K Monocoat Two-component coating based on acryl polyurethane binder and isocyanate hardener; used as primer and top coat for steel structure protection where high productivity and short painting intervals are required.
• DURACRYL 800 2K Topcoat Two-component topcoat based on acrylic-polyurethane binder and isocyanate hardener; high gloss, quick drying, good mechanical properties and resistance to chemicals.
• DURAPOX 310 2K Primer Two-component primer based on epoxy resins and aminoamide adduct hardener; fast drying with excellent resistance to moisture, aggressive gases, electrolyte solutions, petroleum products, and many solvents.
• DURAPOX 370 2K Primer HS Two-component thick-layer primer based on epoxy resins with active anticorrosive pigment; good chemical and mechanical resistance, suitable for demanding exposure conditions.
• DURAPUR 245 2K Primer filler HS Two-component polyurethane primer based on acrylic/polyurethane binder with isocyanate hardener; fast drying, high filling properties, easy sanding, excellent adhesion to steel, galvanized steel, aluminum, GRP and plastics.
• DURAPUR 320 2K Topcoat Two-component polyurethane texture topcoat with fast drying, very good chemical and mechanical resistance; suitable for decorative textured finish on surfaces exposed to atmospheric influences and UV rays.
• DURAPUR 335 2K Structur Topcoat Two-component polyurethane topcoat based on polyurethane binder and isocyanate hardener; fast drying, good chemical and mechanical resistance for surfaces exposed to atmospheric influences.
• DURAPUR 510 2K Monocoat 2K coating based on acryl polyurethane binder and isocyanate hardener; used as primer and top coat for steel structure protection where high productivity and short painting intervals are required.
• DURALUX 150 1K Primer Universal fast-drying alkyd primer based on non-toxic pigments containing zinc phosphate as active anti-corrosion pigment; easy to use in combination with various alkyd topcoats and suitable for dipping.
• DURALUX 180 1K Topcoat One-component quick-drying topcoat based on modified alkyd binder; quality topcoat in alkyd systems for protection of metal surfaces.

Quantifiable outcome

• 30% increase in spray booth productivity with E-SPEED line
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• MI Masteri d.o.o.regionalChannel Partner/ Reseller/ DistributorMI Masteri d.o.o. is the authorized distributor for CHEMCO products in Croatia. Located at Kosi 57, 51216 Viškovo, Croatia. Provides local sales, distribution, and customer support for CHEMCO's coating products in the Croatian market.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Jotun: Norwegian paints and coatings company with leading positions in protective and marine coatings. Directly comparable in industrial protective and nautical product lines, especially for steel structure and infrastructure customers like those served by Chemco Industrial.
• Kansai Paint: Japanese global coatings company with leading positions in automotive and industrial coatings. Comparable technology and end-market overlap in automotive refinish and industrial protective segments.
• Teknos: Finnish family-owned industrial coatings manufacturer with similar heritage and product focus on industrial and protective coatings for metal. Comparable European mid-sized coatings player with overlapping customer base in steel structures and OEM.
• Hempel: Danish-founded protective and marine coatings manufacturer with strong presence in industrial and nautical segments. Closely comparable in protective, marine, and industrial ACE coatings where Chemco Industrial is active.
• Remmers Group: German family-owned specialty coatings manufacturer focused on industrial protective, wood, and construction coatings. Similar mid-sized European profile and comparable focus on demanding protective applications.
• Axalta Coating Systems: Specialist in automotive refinish and industrial coatings, with brands such as Standox, Spies Hecker, and Cromax directly competitive with Chemco's RepairXtreme line. Closest direct peer in automotive refinish technology and customer base.
• Cromology (CIN): European decorative and industrial paints group (formerly CIN). Comparable European mid-market coatings company serving industrial, protective, and refinish segments with overlapping geography in Southern and Central Europe.

Broad incumbents

• Sherwin-Williams: Major global coatings company with industrial protective, automotive refinish, and specialty product lines. Comparable end-markets and product chemistries to Chemco, but with significantly larger scale and global reach.
• AkzoNobel: One of the largest global paints and coatings companies with strong positions in automotive refinish, industrial, and protective coatings under Sikkens, International, and Dulux brands. Overlaps with Chemco across all of Chemco's core product lines but operates at a global scale.
• PPG Industries: Global paints and coatings leader serving industrial, automotive, and protective markets. Directly comparable in industrial protective and automotive refinish segments, but with vastly broader portfolio, R&D scale, and global distribution versus Chemco's regional focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/chemco---the-paint-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chemco