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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 ]
Nippon Paint Holdings Co., Ltd. (日本ペイントホールディングス株式会社, Nippon Peinto Hōrudingusu Kabushiki-gaisha) is a Japanese paint and paint products manufacturing company. [4] It is the world's fourth largest paint manufacturer, as measured by revenue in 2020.
On 20 January 2021, Indigo Paints launched its initial public offering (IPO) of about 1170 crores; the price band was fixed at ₹1,488-1,490 apiece. [10] The issue was oversubscribed by 117 times. [ 10 ] [ 14 ] On February, 2 2021, Indigo Paints Limited made its debut on the NSE and the BSE at a price of ₹2,607.5 per share, a 75 percent ...
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Latex paints (emulsion paints British English, not to be confused with latex rubber) are an emulsion of polymer particles dispersed in water. Macroemulsions in latex paint are inherently unstable and phase separate, so surfactants are added to lower interfacial tension and stabilize polymer particles to prevent demulsification.
Acrylic resin is a common ingredient in latex paint (UK: "emulsion paint"). Latex paints with a greater proportion of acrylic resin offer better stain protection, greater water resistance, better adhesion, greater resistance to cracking and blistering, and resistance to alkali cleaners compared to those with vinyl. [2]
Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. [3] [4] [5] It is a subsidiary of Kansai Paint of Japan. [6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. [7]
Wuthelam Holdings, which has interests in the paint business and property development, was founded in 1974 as a real estate concern. [1] In 2020, his son Goh Hup Jin helped conclude a deal which enabled Wuthelam Holdings to formally take control of Nippon Paint. [4] The merger added approximately $3.8bn to his overall net worth. [6]
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