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Coval Group, a manufacturer of next generation nano coatings, has appointed Mike Ellsworth as CEO. Ellsworth has 35 years’ experience of managing and building companies. For example, he started Altus Oil & Gas Services in 1997 and expanded the company from its Singapore headquarters to USA, Norway, Holland, France, United Kingdom, Indonesia, Vietnam, Cambodia, Malaysia, China, and Australia. Altus was sold to Swire Pacific Offshore in 2012.

“We are thrilled to have Mike as our new CEO. I have known Mike for over 20 years and seen firsthand his leadership and business skills. Mike is the perfect choice to build Coval into a world class company.” – Ryan Crowe, Founder

“I am very excited to be joining the Coval team,” said Mike Ellsworth. “Coating technology has hardly
changed over the last 20 years and our products are bringing something new to the industry. Our
coatings covalently bond to the substrate, are single component, thin-film, easy to apply, abrasion and chemical resistant, and last longer than traditional coatings. Our technology allows us to scale our business quickly and add customized requirements for specific needs.”

Ellsworth continued, “There are a vast number of potential markets for this coating, but we will start
with the flooring, marine and corrosion markets. We moved our headquarters to Singapore to take
advantage of its business-friendly environment and incentives, which will help us to grow a global
business. Our Houston office will continue to support the USA market and all of our products in the
the USA will be manufactured in Houston.”

Coval Group is a manufacturer in Stafford, TX specializing in next generation coating technology.