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 IPC LFI Spectra Android app
The human eye can distinguish about 10 million different colors. The IPC LFI spectra is an attempt to display the standard colors according the Classic RAL System.
The IPC LFI spectra show the nearest equivalents of these color standards. Depending on the brightness and other setting on phone, the appearance of the shades may slightly vary from actual RAL standards. Click the link, download the app and let us know your feedback.<more>
Kansai Nerolac Paints to pick up majority stake in Bangladeshi
firm
Kansai Nerolac Paints Ltd said on Tuesday that it has agreed to
acquire 55% equity stake in Bangladesh-headquartered RAK Paints Ltd
for Rs 45.81 crore (57.26 crore Bangladeshi taka or around $7
million)) in a cash deal.<more>
Paints sector promising; , says Prakash Diwan
Paints sector is going to be extremely promising, said Prakash
Diwan, market expert, adding that Asian Paints was looking at
expanding and Berger Paints was looking at growth with its high
margin business.
"So this segment probably will be one of those front-runners in
terms of a revival that you see in consumption,” he said.
“I would definitely go ahead and buy some of the paint companies,
Asian Paints is one of the best picks right now,” he added.<more>
Oil roils paint firms
Calcutta: The top four paint manufacturers - Asian Paints, Berger
Paints, Kansai Nerolac and Akzo Nobel - have seen a rise in raw
material costs in the March quarter. The four companies together
control over 50 per cent of the domestic paints industry.
To mitigate part of the impact and to protect the margins, paint
firms have taken two rounds of price hike in 2018 - in March and May
- with a combined rise close to 4 per cent already.
The paints industry uses crude oil derivatives such as titanium
dioxide and monomers as raw materials, part of which is imported
into the country.
The hike is mostly on the decorative paints segment as industrial
paint pricing is mostly on a negotiated basis. Decorative paints
contribute to over 70 per cent of the industry turnover. The
industry is not discounting another round of price hike from being
considered depending upon the trend in material costs.<more>
Bayer closes Monsanto deal to cap $63 billion transformation
Bayer closed its $63 billion acquisition of Monsanto Co., emerging
from an arduous two-year antitrust review as the biggest seed and
agricultural chemicals maker in the world.<more>
Why Indian paint makers are shifting to water-based paints
Elevated input costs, especially crude oil prices, have taken the
sheen off their gross margins in the past few quarters
Indian paint makers are increasingly shifting from solvent-based to
water-based paints. Elevated input costs, especially crude oil
prices, have taken the sheen off their gross margins in the past few
quarters.
Nearly 55% of raw materials used by paint companies are crude oil
derivatives and account for about 30-35% of the total raw material
cost of the sector. In the past one year, crude oil prices have
jumped by more than 40%. Not just that, prices of pigments like
titanium dioxide, iron oxide and zinc oxide also remain elevated <more>
Resume sarvana Kumar.
In largest capacity
expansion, Asian Paints to invest Rs 4,000-cr this fiscal
Asian Paints
is embarking on its largest capacity expansion this fiscal year,
investing Rs 4,000 crore at its Visakhapatnam and Mysuru facilities
to add 1.1 million kilo litre to its present output.
The city-headquartered company is setting up plant with a 5 lakh KL
per annum capacity at Visakhapatnam at an investment of Rs 1,785
crore and a 6 lakh KL plant at Mysuru pumping in Rs 2,300 crore.<more>
Now that the after-effects of GST are waning, paint companies are
likely to benefit from a normal monsoon and an increase in rural
demand.
Management commentaries by paint makers indicate that demand, which
was hurt by demonetization and a messy implementation of the goods
and services tax (GST), is set to revive.
Now that the after-effects of GST are waning, paint companies are
likely to benefit from a normal monsoon and an increase in rural
demand.
That is anticipated to translate into double-digit volume growth in
fiscal year 2019 (FY19).<more>
Nippon Paint eyes Tier II/III towns for growth in Tamil Nadu
Plans more stores to offer full service
A year after its entry into the Tamil Nadu market, Nippon Paint is
looking to strengthen its footprint in Tier II and III locations in
the State.
Mark Titus, General Manager (Marketing), Nippon Paint (India) Pvt
Ltd, told BusinessLine that “We plan to launch more PRO stores in
Chennai and Coimbatore. These exclusive experiential stores will
offer painting services rather than selling paints.”<more>
Berger paints 3 FIFA 2018 World Cup venues
Among the 12 stadiums that are holding FIFA 2018 World Cup matches
in Russia, three of them got their colour from an Indian paint
company.
Rostov Arena, Volgograd Arena and Kaliningrad have been painted with
material supplied by Berger Paints Russia, a fully-owned subsidiary
of Berger Paints India headquartered in Kolkata, a company statement
said here today.<more>
Possible link found between diabetes and common white pigment
University of Texas at Austin
In a pilot study, crystalline particles of titanium dioxide -- the
most common white pigment in everyday products ranging from paint to
candies -- were found in pancreas specimens with Type 2 diabetes,
suggesting that exposure to the white pigment is associated with the
disease <more>
Asian Paints dealers fly to Russia
Asian Paints Bangladesh is scheduled to fly 110 people, including 58
dealers selected on the basis of sales target achievements, their
family members and company representatives, to Russia today to
spectate matches of the ongoing Fifa World Cup for free.<more>
BASF predicts car color
trends for 2018 to 2019 based on human behavior
From "Atomium
Sky" to "The Urbanist," intensive research into human behavior acts
as a crystal ball into your future car's color.
According to automotive supplier BASF, if you're in North America
and you end up buying a car in the 2022 model year, it's likely to
be painted a deep blue hue called "Atomium Sky" thanks to your
upwardly trending interest in science and space travel.
That may feel like a stretch for you, but there's a load of research
behind BASF's prediction. Every year the designers at the German
chemical company put their fingers on the pulse of what's hot in
tech and society, and use their data to predict fashionable future
colors in their annual Automotive Trends Collection. The result is
an assortment of 65 pigments they believe will be popular across
specific sections of the planet such as North America, the
Asia-Pacific region, as well as Europe, the Middle East and Africa,
collectively referred to as the EMEA region.<more>
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Green
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Gallant, A India based company engaged (estd.:1997)in Manufacturing All Type Of Powder Coating \ Painting \ Fusion Bond Epoxy plant & equipment on turnkey basis. We are very glad to our management for having experience of more than 30 years in powder coating industries & help us to provide excellent technical support during our R & D session. We have a good team of skilled technician & service engineers to give excellent equipment with prompt after sale service to our customer. Our success voyage has been consistent and has gained momentum over the years. Our belief that needs expand and diversify with time, guides us to keep pace with change. Thereby channelizing our resources in production, marketing and distribution likewise .continuous quality improvement is a commitment toward the goals of satisfying our service receivers, providing more involvement and opportunities for employees, and delivering services with speed, accuracy, low cost, reliability, flexibility, understanding and personal attention.