Corimon
Corimon is a Venezuelan chemical-products group active in paints, resins, packaging materials, and printing inks.
Last updated August 26, 2026
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Overview
Corimon is a Venezuelan chemical-products company whose activities span the manufacture, distribution, and sale of paints, resins, packaging materials, and printing inks. The company was established in 1949 by Hans Neumann, Lotar Neumann, Patrick Pick, and the chemical engineer Jaroslav Špaček. Its formation was connected with a group of Czechoslovak emigrants who had relocated after the disasters of the Second World War and subsequently built an industrial group in Venezuela. The company's origins are associated with Montana, a paint factory in Prague that had been owned by the Neumann family since the early 1920s. In Venezuela, the Montana name became the basis for an expanding paint and chemical-products business. The group's development involved both the creation of new operating companies and the acquisition or integration of existing businesses. Early milestones included the establishment of a Montana distributor in 1957, the creation of Montana Gráfica and Resimon in 1959, the purchase of Grafis in 1960, and acquisitions including Cerdex, Adgovenca, Minomet, Frica, Wantzelius, and Cindu during the 1960s and 1980s. Corimon's portfolio broadened beyond decorative and industrial paints. Its associated businesses and brands came to cover graphic materials, resins, packaging-related products, chemical compounds, forestry-related activities, and other industrial operations. The source material identifies subsidiaries, affiliates, or integrated businesses such as Grafis, Cerdex, Cordetec, Sevial, Graimon, Colorado Chemicals, Coltrenaca, and Cindu. This history indicates a conglomerate-building strategy in which the original paint operation served as the foundation for a wider chemicals and materials group. The group also developed institutional and cultural initiatives connected with the Neumann family, including the Hans Neumann Cultural Fund, the Lotar Neumann Foundation, and the Neumann Foundation. These entities appear in the chronology of the wider Corimon organization, although the available material does not provide detailed information about their programs, governance, or continuing status. Corimon is publicly traded in Venezuela under the symbol CRM.A and is described as being listed on the Caracas Stock Exchange and included in its IBC index. Its identified operating presence is in Venezuela and Trinidad and Tobago. Available reference material does not establish a precise headquarters location, current revenue, ownership structure, executive roster, or detailed brand-by-brand market position. Accordingly, Corimon is best characterized as a Venezuelan industrial chemical group centered on coatings and related materials, with a history of expansion through diversification and acquisitions.
History
Corimon was founded in Venezuela in 1949 by Hans Neumann, Lotar Neumann, Patrick Pick, and Jaroslav Špaček. The founders were part of a group of Czechoslovak emigrants whose industrial activity in Venezuela followed the upheavals of the Second World War. The company's industrial lineage was linked to Montana, a Prague paint factory that had been owned by the Neumann family since the early 1920s. The first phase of Corimon's development centered on paints and the construction of distribution and manufacturing capabilities. In 1957, Distribuidora Nu-Enamel was established as a distributor associated with Montana. Montana Gráfica and Resimon followed in 1959, extending the group's interests into graphic materials and resins. The company also recorded the creation of the Hans Neumann Cultural Fund and the Lotar Neumann Foundation during this formative period. Corimon expanded through acquisitions and new corporate entities during the 1960s. Grafis was purchased in 1960, followed by Cerdex in 1962, Adgovenca in 1964, Minomet in 1965, Frica in 1967, and Wantzelius in 1968. Other entities appearing in the group's chronology include Oxidor in 1969 and Cordetec and Sevial in 1970. These developments broadened Corimon beyond a single paint manufacturer into a collection of businesses connected with chemical products, graphics, materials, and industrial services. The group continued to add activities in the late 1970s and 1980s. Exotyl and Frutícola Santa Cruz are dated to 1979, Tremco Forestal to 1983, Graimon to 1984, Monexport to 1985, Colorado Chemicals and Coltrenaca to 1986, and Cindu to 1987. The available account identifies Cindu specifically as an acquisition. Taken together, these events describe a strategy of diversification and integration across coatings, resins, inks, packaging-related materials, and other industrial operations. Jaroslav Špaček, identified as a chemical engineer, was credited as the principal creator of the Corimon formula. Richard Barton was described as the principal lender whose backing helped the Czechoslovak founders establish the company. The source material does not provide further detail about the formula, financing terms, or the later management structure. In its current public description, Corimon manufactures, distributes, and sells paints, resins, packaging materials, and ink. The company is identified as present in Venezuela and Trinidad and Tobago. It is also described as listed on the Caracas Stock Exchange and included in the IBC index under the ticker CRM.A. Current headquarters, ownership, executive leadership, financial performance, and the status of all historically mentioned affiliates are not established by the available references.
- 1987
Cindu is acquired
[1]Cindu is identified as an acquisition during Corimon's continued expansion in the 1980s.
- 1968
Wantzelius is acquired
[1]Wantzelius becomes another addition to the corporate group.
- 1967
Frica is acquired
[1]Corimon adds Frica during its 1960s diversification.
- 1965
Minomet is acquired
[1]Minomet is added to the group.
- 1964
Adgovenca is acquired
[1]Corimon continues its acquisition-led expansion with Adgovenca.
- 1962
Cerdex is acquired
[1]Cerdex becomes part of the expanding Corimon group.
- 1960
Grafis is acquired
[1]Corimon adds Grafis through acquisition.
- 1959
Montana Gráfica and Resimon are added
[1]The group expands into graphic materials and resins.
- 1957
Distribuidora Nu-Enamel is established
[1]A distributor associated with Montana is added to the developing business group.
- 1949
Corimon is founded
[1]Hans Neumann, Lotar Neumann, Patrick Pick, and Jaroslav Špaček establish the Venezuelan chemical-products group.
Products and positioning
A Venezuelan industrial materials group built around paints and coatings, with adjacent activities in resins, printing and graphic materials, packaging, and other chemical products.
Paints and coatings · 1949
Montana paints
Montana is the historical paint operation associated with Corimon's origins. The business traces its lineage to a Neumann-family paint factory in Prague and became the foundation for the Venezuelan group's coatings activities. Available sources identify Montana as a paint manufacturer and distributor, but do not provide a complete current catalogue or detailed product specifications.
Resins · 1959
Resimon
Resimon was added to the group in 1959 and represents Corimon's move into resin materials alongside its established paint activities. The available references do not specify the resin chemistries, end-use industries, formulations, or current commercial status of the line.
Printing and graphic materials · 1959
Printing inks and graphic materials
Through Montana Gráfica and related businesses such as Grafis, Corimon developed activities in graphic materials and printing ink. These products form part of the group's industrial-materials portfolio, complementing paints and resins. The sources do not identify individual ink brands, technical grades, or current market coverage.
Packaging materials
Packaging materials
Packaging materials are one of the product areas named in Corimon's public description. They sit within the group's broader chemical and industrial-materials activities. No detailed information is available in the supplied references about formats, substrates, customers, production sites, or whether specific packaging lines remain active.
Sources3 sources
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