Kansai Nerolac,
pioneers of healthy home paints, donates ambulances to Srinagar hospital,
Sopore hospital, Baramulla hospital and Anantnag Hospital in Srinagar
Srinagar, April 22, 2016: Kansai Nerolac Paints Ltd (KNPL), one of the
largest decorative paint manufacturers in India, has donated four ambulances
to hospitals in Srinagar, Kashmir. These include Srinagar Hospital (critical
care type), Sopore Hospital (van type), Baramulla Hospital (van type) and
Anantnag Hospital (van type).
To commemorate this occasion, a handover ceremony was held at Srinagar
Medical College earlier this month.
This was attended by Dr. Kaiser, Principal of Srinagar Medical College; Dr.
Sameer Mattoo, Director of Health Services; Mushtaq Ahmad Wani, President of
Kashmir Chamber of Commerce and Industry along with over 70 people
comprising of general public, Nerolac paint dealers and marketers of Nerolac
products.<more>
Kansai Nerolac sees shades of
grey on rising input prices, import duties
It's been a colourful quarter for Kansai Nerolac Paints as exceptional gain
has boosted profits 10-fold. Speaking to Bloomberg TV India, Kansai Nerolac
Managing Director Harishchandra Meghraj Bharuka says decorative has been
growing at a brisk pace, but auto has been a drag. The uptick in crude oil
prices and anti-dumping duties are increasing input costs for the paint
industry, he said.<more>
Berger Paints, Nippon sign biz
transfer pacts with BNB Coating
After valuation
exercises, Berger Paints India Ltd and Nippon group of Japan have signed
formal agreements to 'transfer' some of their automotive paints businesses
in India to their existing joint venture.
Berger Paints said on Thursday that it entered into a formal 'business
transfer agreement' with the joint venture BNB Coating India Pvt Ltd. It
also said that Nippon group signed a similar transfer agreement with BNB.
However, the valuations of respective businesses, which are being added to
BNB, have been kept undisclosed.
Through a non-binding agreement in November last year, Berger Paints and
Nippon group had proposed to transfer their automotive colour coating
businesses to their Indian joint venture.<more>
Asian Paints in distribution
tie-up with Henkel Adhesive Technologies for Loctite
Asian Paints has entered into the retail segment of the adhesives category
through a distribution arrangement with Germany's Henkel Adhesive
Technologies. Under the arrangement, Henkel's adhesive brand Loctite will be
sold at the retail level through a co-branding initiative. Currently, the
company is selling Loctite in certain markets in western India. The company
has a distribution network spanning 36,000 hardware shops.<more>
Asian Paints to set up plant in
Visakhapatnam
If all goes according
to plans, construction work on the proposed manufacturing facility of Asian
Paints with an estimated investment of Rs 1,750 crore is expected to take
off in the district by July or August this year <more>
Asian Paints hands over houses
Apr 25, 2016- Locals of Jugedi Pari in Dhading's Naubise VDC are more than
gratified after they were handed over 30 earthquake-resistant houses with
proper sanitation, road and solar light facilities by Asian Paints Nepal on
Sunday.
Terming the day as 'Day for Solidarity', the company granted the facilities
to mark a day of new beginning for those who lost their houses to the quake
in the VDC.
The bamboo and mud houses were built with local participation while the
funds, materials and technical education were imparted through collective
effort
of Asian Paints group and
SEEDS, an INGO who has been working in Nepal for post-quake relief support.
The locals organised a ceremony, on Sunday, in the village to welcome the
group of contributors who provided them shelters.<more>
Akzo Nobel inks pact with Atul
to set up JV for the production of MCA
AkzoNobel and Atul have
signed a Letter of Intent (LoI) to explore the feasibility of setting up a
manufacturing joint venture (JV) for the production of monochloroacetic acid
(MCA) in India. The two companies are planning to install a world scale MCA
plant at Atul's facility in Gujarat, subject to the necessary regulatory
approvals, building on Atul's status as a leading supplier of crop
protection chemicals (which uses MCA as a key raw material) and AkzoNobel's
leading global position in MCA, with plants in the Netherlands, China, Japan
and the US.<more>
Chinese TiO2 producers begin Q2
with biggest price rally yet
Following three price increases already this year, Chinese titanium dioxide
pigment producers have started Q2 by increasing prices further. Both Western
and Asian producers are now incrementally pushing up prices in the hopes
that these will be accepted without the loss of any customers.
Following three price increases in Q1 2015 from Chinese titanium dioxide
(TiO2) producers, China's market leader Sichuan Lomon Titanium Industry Co.
Ltd yesterday announced its biggest price increase to date. <more>
Nippon Paint boosting output in Mexico, China
TOKYO -- Nippon Paint Holdings is increasing its production of automotive
coatings in emerging countries, looking to overseas markets to offset slow
growth in the Japanese coatings market.
In Mexico, the company aims to have a new automotive coatings and
water-based paints plant in service in the central state of Guanajuato in
2017. Also, an existing plant will be expanded to give the company the
capacity to turn out enough coatings for 1 million vehicles. Investment in
these projects will total 2 billion yen ($18.4 million).
A new plant will also be placed into service in Brazil late this year.
According to Nagoya-based market research company Fourin, the South American
automobile market will grow 82% in the next decade, far outstripping the 32%
growth projected for the global market. <more>
The paint industry has been a
major beneficiary of the fall in crude oil prices and the Centre's housing
and infrastructure push.
After slashing prices
thrice in FY16, Kansai Nerolac is optimistic of accelerating growth in FY17
on the back of very aggressive pricing and marketing strategy. In an
interview to Bloomberg TV India, Kansai Nerolac Managing Director HM Bharuka
says he expects double-digit growth to continue. Excerpts:
For the paint sector, the industry has been doing well for the last 25
years, and we were having a double-digit growth. Even in 2008, the industry
continued to do well. In fact, 2017 appears to be better, with government
policies that are more pro-active and expectations of a better monsoon.
New policies like Smart Cities and 'Make in India' will help the paint
industry. The Pay Commission mandate and OROP disbursals which is getting
distributed will also help spur demand.
Have you passed on the benefit of low input costs to consumers by cutting
prices?
We were the only company which felt that we have to pass on this reduction
to consumers. We believe that when there was an increase in our raw material
prices, we had increased our prices. Now we are duty-bound to reduce prices
when the benefit of falling input prices actually come to us.
And how much was the price reduction?
It is ranged from about 2-3 per cent, depending on the product mix of the
product. <more>
APMDC plans mineral separation
plant in Srikakulam district
Amaravati: The Andhra
Pradesh Mineral Development Corporation (APMDC) has decided to set up
mineral separation plant in Srikakulam, at an estimated cost of Rs 600 crore,
to bring value addition to the minerals in the sand.
The beach sand contains Ilmenite, Sillimanite, Monazite, Zirkan among other
minerals.
They will separate the minerals and sell it to get value addition. Zirkan is
being sold at Rs. 70,000 per tonne. APMDC will extract Titanium from
Ilmenite and prepare Titanium dioxide for which there is great demand in the
open market. At present one tonne Titanium dioxide is being sold at Rs. 1.5
lakh per tonne. It is used in the paint manufacturing industry. <more>
Dulux SuperCover
Dulux SuperCover -Colours of the World from Dulux, the flagship Decorative paints brand from
AkzoNobel has been adjudged as Product of the Year 2016 by Nielsen India.
One of the largest surveys for product innovation (co-conducted by 'Product
of the Year' and Nielsen) pronounced 'Dulux SuperCover - Colours of the
World as the best product in the paints category. The survey was undertaken
with 7000 respondents in direct face to face interviews. The wide outreach,
diversity and methodology of the survey is a testament to the authenticity &
thoroughness of the process. In the same category, Dulux SuperClean was the
winner in 2014.<more>
BASF agrees to buy Yinfan
coating assets
German
chemicals company BASF SE (BAS.XE) Wednesday said it has signed an agreement
to buy the assets of Yinfan Chemistry Co. Ltd, a Chinese company that
specialize in automotive refinish coatings.
A BASF spokesman declined to disclose financial details of the transaction,
as agreed by the two parties, but BASF said the acquisition enables it to
strengthen its coating production in China by gaining access to a
"state-of-the-art automotive refinish coatings plant" there.<more>
Highly Efficient F, Cu doped
TiO2 anti-bacterial visible light active photocatalytic coatings to combat
hospital-acquired infections
Bacterial infections
are a major threat to the health of patients in healthcare facilities
including hospitals. One of the major causes of patient morbidity is
infection with Staphylococcus aureus. One of the the most dominant
nosocomial bacteria, Methicillin Resistant Staphylococcus aureus (MRSA) have
been reported to survive on hospital surfaces (e.g. privacy window glasses)
for up to 5 months. None of the current anti-bacterial technology is
efficient in eliminating Staphylococcus aureus. A novel transparent,
immobilised and superhydrophilic coating of titanium dioxide, co-doped with
fluorine and copper has been prepared on float glass substrates.
Antibacterial activity has demonstrated (by using Staphylococcus aureus),
resulting from a combination of visible light activated (VLA) photocatalysis
and copper ion toxicity. Co-doping with copper and fluorine has been shown
to improve the performance of the coating, relative to a purely
fluorine-doped VLA photocatalyst. Reductions in bacterial population of
log10 = 4.2 under visible light irradiation and log10 = 1.8 in darkness have
been achieved, compared with log10 = 1.8 under visible light irradiation
and no activity, for a purely fluorine-doped titania. Generation of reactive
oxygen species from the photocatalytic coatings is the major factor that
significantly reduces the bacterial growth on the glass surfaces.<more>
Anti-biofilm coating
Researchers at
Ben-Gurion University of the Negev (BGU) have developed an innovative anti-biofilm
coating, which has significant anti-adhesive potential for a variety of
medical and industrial applications.
According to the research published in Advanced Materials Interfaces,
anti-adhesive patches that are developed from naturally occurring
biomaterials can prevent destructive bacterial biofilm from forming on metal
surfaces when they are immersed in water and other damp environments.
"Our solution addresses a pervasive need to design environmentally friendly
materials to impede dangerous surface bacteria growth," the BGU researchers
from the Avram and Stella Goldstein-Goren Department of Biotechnology
Engineering explain. "This holds tremendous potential for averting biofilm
formed by surface-anchored bacteria and could have a tremendous impact." <more>
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