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PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
Automotive paint is paint used on automobiles for both protective and decorative purposes. [ 1 ] [ 2 ] Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact .
Dulux Australia was formerly a major player in all paint markets (decorative, automotive, refinish, industrial, powder coatings), but sold off the technical markets (and the Clayton site) to PPG Industries, concentrating on decorative, woodcare and powder coatings, and moving to a new site on Dandenong Road, Clayton, previously owned by Pond's.
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In 2002, Asian Paints acquired a 60% stake in Egyptian paint manufacturer SCIB Chemicals for ₹ 24.5 crore (US$5.04 million). [14] It also acquired a 50.1% stake in the SGX -listed Berger International Singapore, which had operations in 11 countries across Southeast Asia , West Asia , the Caribbean , China and Malta , for US$20.8 million. [ 15 ]
Lankem Ceylon PLC is a chemicals, paints and consumer goods manufacturing company in Sri Lanka. The company also engaged in the hospitality industry by owning and operating resorts in Sri Lanka. The company is incorporated in 1964 by Royal Dutch Shell and listed on the Colombo Stock Exchange in 1970.
JAT Holdings PLC is a Sri Lanka based multinational paint company headquartered in Thalawathugoda, Sri Lanka. [2] [3] [4] The company is engaged in the business of manufacturing, selling and distribution of paints, wood coatings and products related to the retail and industrial sectors.
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
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