NEROLAC comes forward to paint the future of young India
Goodlass Nerolac Paints Limited (GNPL) the second largest paint
company in the country donated Rupees Fifty Thousand towards the
education and health care for the children of Concern India
Foundation. It also sponsored an exclusive painting competition for
the children of the foundation at the CCI East Lawn, Churchgate,
Mumbai. The event took place from 4:00pm – 5:30pm on Friday, February
11, 2005. Renowned Classical Bengali Actress Raima Sen and the very
suave model and actress Anupama Verma were present for the event and
shared moments of fun and laughter.
Nerolac has always been committed to making a difference in society.
The company invests heavily towards child welfare to improve the
quality of life and sense of well being of the young lives. The
company has also constituted a Welfare Trust, which has been regularly
making donations to institutes that are dedicated towards the
betterment of the future of the underprivileged children
Speaking on the occasion, Mr. Bharuka, Managing Director, Nerolac
said, We are driven by our aim to support those projects in society,
which are sustainable and relevant to the society and join hands in
bigger ventures with NGO’s in projects that look at developing the
community at large. Supporting NGO’s in helping underprivileged
children etc have been our key initiatives in community development. A
community initiative works best when the intention is genuinely
focused at making our contribution to the people who make us what we
are. If we can even make a difference to the society around us, then I
think we will have proved our credentials as the country’s second
largest company in the paint sector.
We innately believe that the resources to change the face of the
country is what we have always had, and with the right mix of good
intentions, grit and our passion we sure can say it with conviction -
Nerolac hi hai jo har kisi ke dil ko choota hai.”
Speaking on the Occasion, Ms. Kavita Shah, CEO Concern India
Foundation, said - " We really appreciate Nerolac's support towards
Concern India Foundation. The Child Art Exhibition is a delightful
event that gives under privileged children an opportunity to showcase
their talents".
Nerolac as a self-imposed policy contributes on an average 0.5 % to
0.75 % of its profit every year towards social causes. Nerolac also
formalised a framework for Corporate Social Responsibility, the
mission for which is ‘to positively contribute to the development of
society by acting as a good neighbour, considerate of each other,
playing a role of good corporate citizen with passion and compassion.’
About Goodlass Nerolac Paints Limited: Goodlass Nerolac Paints has
been at the forefront of paint manufacturing for more than 84 years
pioneering a wide spectrum of quality paints. Goodlass Nerolac is the
second largest paint company in India and undisputed leader in
Industrial segment, having a turnover of Rs. 925 crores (over Rs 1000
crore of group turnover). The company has five strategically located
manufacturing units all over India and a strong dealer network of over
11000 dealers across the country. The company manufactures a
diversified range of products ranging from architectural coatings for
homes, offices, hospitals and hotels to sophisticated industrial
coatings for most of the industries.
About Concern India Foundation: Started in 1991, Concern India
Foundation (CIF) is a non-profit, public charitable trust that
supports development-oriented organisations working for the
disadvantaged.
Paint co's may pass on input cost hikes to consumers
ROBUST demand for paints has probably given some paint companies the
confidence to pass on some of the input cost increases but margin
pressures are expected to remain.
Asian Paints (India) Ltd, which recently increased prices by an
average 4.5 per cent across all product categories, expects this move
to help the company partially offset price hikes in raw materials.
Prices of raw materials for the paint industry have been on an upturn
tracking the trend in crude oil prices.
Paint companies, especially the small regional players, may not have
the wherewithal to pass on input costs rises. The increase in input
costs has impacted small-scale paint manufacturers whose margins have
been affected severely, industry representatives said at a seminar on
paint industry held here recently.
Goodlass Nerolac Paints Ltd has also been selective in raising prices
and has not resorted to across the board hikes, an official of the
company said. But he believes that going forward prices of some key
inputs could soften.
"These price increases at Asian Paints should help partially offset
input cost impacts for paint companies,'' said an official of Asian
Paints. <more>
Discussions in the (Indian Powder Coating Manufacturers Association)
IPCMA
During their last meeting the members of the newly formed association
further discussed matters about bad debts and other policies. Some
more manufacturers are expected d to join the association and certain
raw material suppliers may be invited as guests in future.
We have started getting feedback from our subscribers on the formation
of this association. Given below are some of them
Chat interview with R Venkatesan of Titan Paints
R Venkatesan: good morning
IPC : good morning
IPC: how are u
R Venkatesan: good
R Venkatesan: and u?
IPC: fine..
How do u react to the news on the formation of the
association of some of the powder manufacturers? in the north
R Venkatesan: it is a welcome move. in every respect.
It will become popular a matter of time.
IPC: It should..if the members stick together !
R Venkatesan: A time will come when they will be forced to stick together
for their survival.
IPC: and how do u think will the bigger players like react to this?
R Venkatesan: they may not be interested to start with, but it is a matter of time as I said they must offer the office to the bigger players, : then they will come
. The bigger players will have better bargaining power with the
Government.
IPC: but if they offer the office to bigger players, the people who formed this association
will be left in the margin
R Venkatesan: yeah but ultimately everyone will gain
IPC: yes.
R Venkatesan: they should see the broader perspective if they are selfish then the association will not take off
IPC: thanks for the interview
R Venkatesan: you are welcome
Feedback from Mitsuba
There must be an association which must protect all interests--The
consumer must be protected by ensuring that he is not given a bad
product
and the supplier ( both equipment and powder) must be protected by
ensuring that they receive their money.
Mitsuba is willing to assist in the formation of such a body which
undoubtedly will be healthy for the Powder Coating Industry.
Feedback from Redline
I think the Indian industry needs something like this – there are a
lot of problems facing people in this industry today.
Regards,
Himanshu Shah, Director
Feedback from an anonymous powder manufacturer.
This is certainly helpful in highlighting the problems, the
powder manufacturers come across.
As for delayed payments, In the present situation some customers take
due advantage of non unity amongst the powder manufacturers and some
of them practice the trend of shifting from one brand to another after the
credit amount payable to one manufacture goes up.
In the recent times some of the powder coating users have chosen to
hold online auctions to source suppliers for their annual requirement
of powder coating. The quantities committed in the bidding for
document are huge. In many cases twice or more than the actual usage
which attracts the manufacturer to bid lowest price. It is our
experience that once the supplier is sourced, these customers they
forget all the terms committed in the auction document. The
manufacturer, who has already quoted his lowest price with due
consideration to attractive terms that the buyer company has offered
during the bid ultimately finds himself in a difficult situation.
Associations is good idea but is will take quite some time see all
major manufacturers participate , someone has to start the activity
and this is certainly a good initiative taken by somebody. All the
best.
Henkel: Higher sales and earnings in 2004
The Henkel Group significantly exceeded its prior-year figures in
fiscal 2004 - both in sales with an increase of 12.3 percent and in
operating profit (EBIT) with an increase of 12.7 percent (excluding
exceptional items).
Sales at the Consumer & Craftsmen Adhesives business sector increased
10.1 percent to 1,446 million euros. Adjusted for foreign exchange,
sales grew 13.8 percent. In addition to the acquisitions made, organic
growth well above the market also contributed to this performance.
Operating profit increased by 6.1 percent to 150 million euros. After
adjusting for foreign exchange, the increase was 9.3 percent. The
return on sales (EBIT) fell 0.4 percent-age points to 10.4 percent,
primarily due to increases in raw material prices that have not yet
been fully offset.
The Henkel Technologies business sector reported a 4.7 percent
increase in sales to 2,791 million euros. After adjusting for foreign
exchange, sales rose by 8.8 percent with strong organic growth a major
contributory factor. Operating profit improved by 21.5 percent to 235
million euros. Adjusted for foreign exchange, the increase was 27.7
percent. Due to the positive sales performance and improved cost
structures, the return on sales (EBIT) rose 1.1 percentage points to
8.4 percent.
DuPont Integrates Powder
Coatings and Adhesive Businesses
DuPont’s Packaging and Industrial Polymers (P&IP) business and
DuPont’s Advanced Coatings Systems announced that its multi-component
technology offerings of powder coatings and adhesive products would
become integrated using the capabilities of DuPont products and global
business infrastructure. Currently, DuPont provides powder coatings
through DuPont Powder Coatings, while adhesive products fall under
DuPont’s Packaging and Industrial Polymers (P&IP) business. These
protective coating systems serve the oil and gas pipeline industry.
Ciba 2004: Sales in local
currencies up 8 percent
Ciba Specialty Chemicals announced full year results for 2004. Armin
Meyer, Chairman of the Board and Chief Executive Officer comments: "In
2004, we substantially enhanced the portfolio with acquisitions, and
further aligned the business to rapidly changing market conditions. We
were able to increase sales and, before restructuring and special
charges, profitability over the previous year, despite a demanding
competitive environment and a severe negative currency impact." Sales
for the year were 8 percent higher in local currencies and 6 percent
higher in Swiss francs compared with 2003, reaching CHF 7.03 billion.
Net income, before restructuring and special charges, was up 10
percent to CHF 379 million. On a comparable basis, before special
items in 2003 and 2004, as well as before restructuring and special
charges, net income was up 5 percent. Net income, including all
effects, was CHF 311 million.
Coating Effects sales were up 3 percent in local currencies and 1
percent in Swiss francs. Growth was evenly spread across Asia-Pacific,
as well as Europe and the Americas. Demand for automotive and
decorative/architectural colors continued firm. Imaging & Ink product
sales recovered from a weak start of the year. Coating Effects
stabilized the margin on a high level despite the pressures in several
areas.
A Manufacturing Plant Rebuilds
After a Tornado
Almost 7 months ago a F-4 tornado ripped through Central Illinois
destroying a manufacturing plant. The image is still fresh in the mind
of Parsons Company employees. All 150 employees at the plant lived
through the devastating storm, but the damage forced employees to work
at different sites around Peoria. But on Saturday morning, workers
started moving into a new building at the old site. The paint is
still wet and boxes are still being unpacked.
But, when its all said and done there will be new state-of-the art
technology along with renewed attitude inside Parsons Company. Owner
Bob Parsons said, "Vision of rebuilding was coming to me. And,
naturally there was a lot of the doubts that crossed my mind there the
first couple days." That vision originally began almost 31 years ago
when Bob Parsons started the company. Now, with cutting edge
technology, Parsons plans to bring the plant back from the wrath of
July's tornado. This includes an automated powder coating
system and four-times the space compared to before. Most of the plant
is brand new except for some of its bathrooms. Employees found
shelter inside the bathrooms during the tornado. Still, damage from
the storm remains on walls and in the hearts of employees.
Sales Manager Mike Troncin said, "It’s strange because after the
tornado for about a month, month in a half, it had seemed like it had
just happened yesterday." But, four new and thicker storm shelters
should help ease the tensions of that horrifying day. Human Relations
Manager Craig Joraanstad said, "We can go into a shelter that will
withstand a far greater tornado than we actually witnessed and it’s
just for our peace of mind."
And as some might brag, it could be the safest place in Woodford
County. <more>
Substrates powder coating
Dulux has recently developed a powder coating system for heat
sensitive substrates such as MDF board that allows freedom of design
at a reasonable cost and with minimal impact on the environment.
The Dulux Trimatrx system allows designers to create smooth, round
corners, soft bevelled edges, decorative or functional port holes and
openings for furniture, commercial interiors, shop displays, kitchen
fittings and the like.
Powder coating is an environmentally friendly which is essentially
paint without liquid. There are little, if any, volatile organic
compounds which means no solvents, no water and no sludge to manage.
Dulux Trimatrx comes in 16 stock colours specifically formulated for
application over engineered timber products such as MDF board and
plywood. Practically any colour, including pearl and/or textured
finishes can be produced by Dulux on a made to order basis.
Berger Beckers moves coil
coating production to larger factory in India
Berger Becker Coatings Pvt Ltd., an Indian joint venture company owned
by AB Wilh. Becker (51%) and Berger Paints India Ltd. (49%), has
responded to the rapid growth in the Indian coil coating market by
relocating to a larger factory in Goa with space for further
expansion. Berger Becker is the leading supplier of coil coatings to
the Indian market.
On a 19,000 sq.m. plot, the new plant can produce batches up to 12,000
litres. A semi-automatic base blending system enables fast, accurate
response for colour production. The product portfolio includes a full
range of PVdFs, metallic and textured finishes, as well as polyesters,
silicone polyesters, primers and backing coats. Full commissioning is
expected by mid-2005. The plant serves all the main Indian pre-coating
lines, as well as customers in Nepal, Bangladesh and Dubai.
Vacuum Cleaner suits
heavy duty clean-ups.
February 24, 2005 09:02 - Three-phase, HEPA-filtered CFM 08 Series
offer oversized main filters to prevent premature clogging, filter
shaker handle to shake down filters, and side inlet to provide better
cyclonic effect for maximum suction power and minimal clogging.
Vacuums feature quieter-running motors, cord holders, extra-large
wheels, wrap-around handles, and hinged doors. Typical applications
include industrial manufacturing, food manufacturing, powder coating,
and metalworking.
Sales leads from ebiz
newsletter
Our website
generates a number of sales leads every week. Such sales leads
can generate business for a several products. You must have observed
that we are eager to share such information with all the relevant
people. Unlike, other
business website which restrict "supplier to
customer" interaction, we promote this activity.
Subscribe to the e-biz-newsletter, which contains information about
potential customers who are in need of products related to powder
coating.
To get this e-biz-newsletter, the user would have to pay a small
annual processing fee. Please send a DD of Rs 3000 (US$ 60) in favour
of "India Powder Coating" payable at Indore at the
contact
address
Some of the recent leads
generated during the last month are now
also available on an individual basis for Rs 500
or US $ 10 each. Here are some of them.
1, Powder coating plant required in MP, India.
2, Powder coating plant required in Gujrat, India.
3. Testing and measureming instruments needed at a automobile unit in
Maharashtra, India
4. Major Consumer electronics company plans expansion including powder
coating plant in Gujrat, India
5 Powder Coating Plant required in Tunesia
6, RAL sereis powder required in Pune, Maharashtra, India
7. 95 tons of Fusion Bond Epoxy Powder required in UAE.
8. Dhaka, Bangla Desh company searches for powder coating and Teflon
coating supplier from India.
9. Digital Oven Calibrators needed in Kolkata, India.
10. Powder Coating Plant required in Iran.
|