A polyamine cured phenolic epoxy coating with good resistance to various chemicals such as hydrocarbons, crude oils and fuels. The product offers good dry heat resistance (upto 220 °C) and can cope with thermal shock cycles. Transpoxy Tankguard 458 is especially suitable for protection of storage tanks containing hot crude oils. The product is self-priming but can be used in combination with suitable chemical resistant primers such as Transpoxy Tankguard 118.