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The company was founded in 1881 by Jujiro Motegi under the name Komyosha (Yamato Jujiro Shoten). In 1898, the company was incorporated and renamed Nippon Paint Manufacturing and in 1927 the company's name was changed to Nippon Paint. [5] In 1954, Nippon Paint established a 50/50 joint venture with Bee Chemical. In 2006, it became a wholly owned ...
During World War II and the Quit India Movement of 1942, a temporary ban on paint imports left only foreign companies and Shalimar Paints in the market. Asian Paints took up the market and reported an annual turnover of ₹ 23 crore in 1952 but with only 2% PBT margin. By 1967, it became the leading paints manufacturer in the country. [8] [9]
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. [7]
Emulsion paints are water-based paints in which the paint material is dispersed in a liquid that consists mainly of water. For suitable purposes this has advantages in fast-drying, low toxicity, low cost, easier application, and easier cleaning of equipment, among other factors.
Nigeria are looking to secure their fourth Afcon title, while Ivory Coast would win their third if they can finish their extraordinary campaign with victory in the country’s capital, Abidjan.
[9] [10] These two product lines were the first acrylic emulsion artists' paints, [11] with modern high-viscosity paints becoming available in the early 1960s. Meanwhile, on the other side of the globe, 1958 saw the inception of Vynol Paints Pty Ltd (now Derivan) in Australia, who started producing a water-based artist acrylic called Vynol ...