Corporacion Grupo Quimico S.A.C.A.
BBVCA:CGQ2,900.00
VES
+200.00
(+7.41%)
ISIN
VEV000171000
Return %
Stock
S&P 500
1Y
643.59
14.20
3Y
36,150.00
81.12
5Y
144,900.00
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Estado Carabobo Venezuela
- IPO Date
- Mar 1, 2005
- Website
- grupoquimico.com
- Similar Companies
- Business
- Corporacion Grupo Quimico S.A.C.A. is a Venezuela-based industrial holding and manufacturing company primarily engaged in the development, production, marketing, and commercial distribution of paints, coatings, synthetic resins, chemical specialties, and painting accessories. Founded in 1955 and headquartered in Caracas, Venezuela, with primary production facilities in Valencia, Carabobo, the company serves architectural, commercial, automotive, marine, and industrial sectors through an integrated network of operating subsidiaries and legacy brands, including Pinturas Montana, Pinturas Pinco, Resimon, and Cerdex. The company operates across several primary product segments: architectural and decorative coatings, comprising interior and exterior water-based emulsion paints, satin and matte architectural finishes, anti-fungal wall coatings, alkyd enamels, primers, sealers, wood varnishes, and stains marketed under the Montana and Pinco brand names; industrial and marine protective coatings, comprising high-performance epoxy coatings, polyurethane topcoats, zinc-rich anti-corrosive primers, heat-resistant systems, tank linings, and marine-grade maintenance paints for petrochemical, maritime, and infrastructure projects; automotive refinishing products, including automotive basecoats, polyurethane finishes, clearcoats, fast-drying lacquers, body fillers, primers, and thinners; synthetic resins and chemical intermediates, including alkyd resins, unsaturated polyester resins, maleic resins, acrylic polymers, and plasticizers produced for the plastics, composites, coatings, and adhesives industries via its Resimon division; and application tools and hardware accessories, including professional paintbrushes, roller covers, frames, extension poles, paint trays, spatulas, masking tapes, and abrasives distributed under the Cerdex brand. In recent operational and corporate developments, Corporacion Grupo Quimico has actively utilized the Venezuelan capital markets through authorized commercial paper and debt issuance programs approved by the Superintendencia Nacional de Valores (SUNAVAL) on the Bolsa de Valores de Caracas (BVCA) to strengthen working capital and support domestic production cycles. The organization has also expanded its franchised retail distribution network under the Tiendas Montana banner, advanced facility modernization and operational efficiency initiatives across its Valencia industrial complex to enhance supply chain resilience, and launched updated product formulations featuring low-VOC eco-efficient decorative paints and heavy-duty industrial coatings engineered for high-humidity environments.