Company type | Public |
---|---|
BSE: 500165 NSE: KANSAINER | |
Industry | Chemicals |
Founded | 1920 |
Headquarters | , |
Area served | India |
Key people | Mr Anuj Jain (Managing Director & CEO) [1] |
Products | |
Revenue | ₹7,893 crore (US$950 million) (2024) [2] |
₹1,561 crore (US$190 million) (2024) [2] | |
₹1,176 crore (US$140 million) (2024) [2] | |
Total assets | ₹7,410 crore (US$890 million) (2024) [2] |
Total equity | ₹5,599 crore (US$670 million) (2024) [2] |
Number of employees | 2,992 (2020) [2] |
Parent | Kansai Paint |
Website | nerolac |
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] It is engaged in the industrial, automotive and powder coating business. [8] It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries. [9] [10]
Kansai Nerolac Paints has 6 paint manufacturing plants and about 6–7 contract manufacturers. The Nerolac owned plants are at 1. Jainpur, Kanpur Dehat (Uttar Pradesh) 2. Bawal (Haryana) 3. Lote, Chiplun (Maharashtra) 4. Hosur (Tamil Nadu) 5. Sayakha (Gujarat) 6. Goindwal (Punjab) 7. Visakhapatnam (Andhra Pradesh) (Upcoming [13] )
Kansai Nerolac Paints Ltd. has entered into many technical collaborations with other industry leaders such as E.I. Du-products. [14]
The Mumbai-based company is the leader in the industrial paints segment with a market share of over 40%. [15] It is the third-largest player in the decorative paints segment with a modest market share of 13%. Nearly 75% of the Indian paints industry consists of the decorative segment. [16]
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. [17] Kansai Paint is a comprehensive manufacturer of paints and coatings. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. [18] They are also present in U.K., Turkey, U.S., Canada, Mexico, UAE. [18]
Technologically innovative products are the company's hallmark. Kansai Nerolac Paint offers differentiated products with a focus on being eco-friendly and healthy. [19] Kansai Nerolac Paint's key products and brands include the following:
Kansai Nerolac has run advertising campaigns, including television commercials, with Bollywood actors including, Shah Rukh Khan & Ranveer Singh [21] and radio station Red FM..
Paint is a material or mixture that, when applied to a solid material and allowed to dry, adds a film-like layer. As art, this is used to create an image or images known as a painting. Paint can be made in many colors and types. Most paints are either oil-based or water-based, and each has distinct characteristics.
Akzo Nobel N.V., stylised as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 150 countries. AkzoNobel is the world's third-largest paint manufacturer by revenue after Sherwin-Williams and PPG Industries.
Sojitz Corporation is a sogo shosha based in Tokyo, Japan. It is engaged in a wide range of businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects, in Japan and overseas. Sojitz also invests in various sectors and conducts financing activities. The broad range of sectors in which Sojitz operates includes automobiles, energy, mineral resources, chemicals, foodstuff resources, agricultural and forestry resources, consumer goods, and industrial parks.
PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the largest coatings company in the world followed by Sherwin-Williams. It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Postmodern architect Philip Johnson.
Mumbai, is the financial centre and the most populous city of India with an estimated city proper population of 12.5 million (1.25 crore). The city is the entertainment, fashion, and commercial centre of India. Mumbai hosts the largest urban economy of any city in India as it is the financial capital of an almost US$ 4 trillion Indian economy in nominal terms. According to recent estimates Mumbai Metro's nominal GDP is estimated to be US$277.98 billion, and GDP (PPP) is estimated to be US$400 billion, Mumbai's GDP (PPP) per capita rounds up to around US$23,000. It is the richest Indian city and 12th richest city in the world with a net wealth of around US$1 trillion with 46,000 millionaires and 92 billionaires. Mumbai accounts for slightly more than 6.16% of India's economy, contributing 10% of factory employment, 30% of income tax collections, 45% of entertainment tax, 60% of customs duty collections, 20% of central excise tax collections, 40% of foreign trade, 100% of stock market assets and rupees 1,60,000 crore in corporate taxes to the Indian economy.
Lead paint or lead-based paint is paint containing lead. As pigment, lead(II) chromate, lead(II,IV) oxide,, and lead(II) carbonate are the most common forms. Lead is added to paint to accelerate drying, increase durability, maintain a fresh appearance, and resist moisture that causes corrosion. It is one of the main health and environmental hazards associated with paint. Lead paint has been generally phased out of use due to the toxic nature of lead. Alternatives such as water-based, lead-free traffic paint are readily available.
Sherwin-Williams Company is an American company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products to professional, industrial, commercial, and retail customers, primarily in North and South America and Europe. At the end of 2020, Sherwin-Williams had operations in over 120 countries.
Dulux is an internationally-available brand of architectural paint that originated from the United Kingdom. The brand name Dulux has been used by both Imperial Chemical Industries (ICI) and DuPont since 1931 and was one of the first alkyd-based paints. It is produced by AkzoNobel although the North American market is now served by PPG Industries.
Tikkurila Oyj is a Finnish manufacturer of paints and lacquers. The main office and most of the production is located in Kuninkaala, Vantaa near Helsinki.
Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. The company is the leading adhesives manufacturer in India. Pidilite also manufactures products in verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group.
Lote Maharashtra Industrial Development Corporation (MIDC) area is located in the Khed taluka, in the Ratnagiri district of Maharashtra state in India. It is adjacent to Dhamandevi village. They export to the Americas and Europe.
Jotun is a Norwegian multinational chemicals company dealing mainly in decorative paints and performance coatings. It is one of the world's largest manufacturers of paints and coating products. Jotun manufactures paints and varnishes for marine and industrial purposes, synthetic resins, floor coverings, polyurethane foam, heavy-duty coatings, binders, unsaturated polyesters, glass-fiber reinforced polyester pipes, tanks, and more.
Welspun Corp Limited is an Indian multinational company with its headquarters in Mumbai, India. It specializes in manufacturing large-diameter pipes and operates in multiple countries across six continents. Its manufacturing facilities are located in Anjar (Gujarat), Bhopal, Mandya (Karnataka), Jhagadia (Gujarat), and Little Rock, Arkansas, in the US.
Hempel A/S is a global supplier of coatings and paints in the protective, marine, decorative, container and yacht industries. Fully owned by the Hempel Foundation, the company was founded in Copenhagen, Denmark in 1915.
Kansai Paint Co., Ltd. is a Japanese, Osaka-based chemical company whose main products are automotive, industrial and decorative coatings.
Nuplex Industries Limited was a global manufacturer and distributor of resins used in decorative paints and industrial and performance coatings with operations in Europe, Asia, the Americas, Australia and New Zealand. They were a publicly listed company on the NZX50 index in New Zealand.
Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.
Indigo Paints Limited is an Indian paint company that is headquartered in Pune, Maharashtra, and has five manufacturing facilities that are located at Jodhpur, Kochi and Pudukkottai. The company is engaged in manufacturing, selling and distribution of decorative paints, Emulsion, enamels, waterproofing & chemical constructions, wood coatings, distemper, primers, putties and cement paints.
ResenePaints LTD is a New Zealand paint and building materials manufacturer and retailer.