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Sofia, Bulgaria, 13 March 2008

Megachim and DuPont launch the TeflonĀ® branded paints and coatings in Bulgaria

Contact    Magdalena Kicińska      
Mobile:. +48 604 201 230
magdalena.kicinska@pol.dupont.com

Sofia, Bulgaria. March 13, 2008. Coatings and Varnishes Producer Megachim - one of the biggest Bulgarian players and international science company DuPont are launching today the new Teflon® branded product lines. The products are already available – in two weeks they will appear on the market all over the country.  


As the result of the cooperation, innovative worldwide technology called  DuPontTM Teflon® surface protector is introduced to Megachim’s products like: paints and varnishes lines: Decorator and Aquis.

DuPontTM Teflon® surface protector is a technology providing the unique features to products when is used. At the beginning it was used in machinery and chemical industry and production of kitchen ware with non-stick surfaces. Nowadays Teflon® is used widely in carpet industry, apparel & textiles production, households’  products and coatings. 

DuPontTM Teflon® surface protector is a unique combination of chemical and physical features which creates non-stick surfaces having the benefits not to get dirty and easy to clean, wearing off and difficult weather conditions.. DuPontTM Teflon® has been intensively tested which proved its full safety and security. Before the market introduction the exams and research of Teflon® surface protector have been conducted in Haskell Laboratory and Food and Drug Administration Agency.

The intention of cooperation between Megachim and DuPont was to create and offer to our partners and customers new products, which will help them to improve their business and their way of living. That cooperation has resulted of the implementation of Teflon® surface protector in our products - explains Plamen Velikov – Megachim’s  CEO – Because of that, Megachim, as the only company in Bulgaria, will offer our customers coatings based on worldwide known and used solutions, which gives us the big competition advantage. We win customers’ satisfaction, which is our main purpose by offering them both cleaner and healthier environment  – he adds. 

Bulgarian market is one of the most developing in Central Europe. Our strategy is to capture that enormous growth, which just after two month of the current year is 20%! -– said Thierry Marin, DuPont Central Europe Regional Director. Our long-term cooperation with Megachim - the most innovative Bulgarian producer of paints and coatings - gave us possibility to introduce the most sophisticated products for Bulgarian customers – Plamen Gospodinov, Business Development Manager, DuPont Titanium Technologies for Central & Eastern Europe stated. Partnering Megachim, the company with big growth potential in Bulgaria, is our next step in Central and Eastern Europe providing our customers with products based on most advanced technologies discovered by DuPont – Patrick Van Waes – Co-branding Leader, Europe, Middle East and Africa,  DuPont Titanium Technologies – underlines.
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Megachim  is a Bulgarian coatings and varnishes producer founded in 1996. The company produces a wide range of paints, alkyd coatings; watersoluble paints for internal and external application, latex, hydrophobic coating, toners, varnishes and enamels, diluents, ground coat paints, etc. Megachim has 100 % Bulgarian share and it is the second among the biggest producers of coatings and varnishes in Bulgaria.
The high quality of the products, the professionally developed distribution and the will of offering innovative solutions has made Megachim one of the most reliable and popular local players. Producing a wide range of more than 120 assortments used for all the spheres of home, construction, transport and machinery construction, Megachim combines tradition and innovation, safety and functionality. Following the philosophy of providing a better way of living and sustainable development, the company develops individual solutions for partners and customers. The belief that a company development means incessant improving and meeting customers’ needs is the reason why for the last few years Megachim has invested more than 10 million dollars in high technologies, production and supply bases and brand licenses, hi-tech equipment and machinery. 

 
DuPont is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel. Last year DuPont opened a new representative office in Sofia responding to customers needs in Bulgaria, Macedonia and Albania
Next to techonology of Teflon® surface protector, DuPont is a supplier of Titanium Dioxide to Megachim. DuPont is the biggest producer of Titanium Dioxide all over the world and has more than 20% of its global market share. In Central Europe, Megachim is the second local leading producer of paints and coatings, which implemented the Teflon® brand. Last year, in Romania, SC Fabryo introduced Savana brands based on that technology. This year, Śniezka – Polish leading producer will introduce such products into the market.
The Teflon® brand is registered since 1945.