The Story Till Date
About Kansai Paint Co. Ltd
Kansai Paint Co. Ltd. is a prominent Japanese paint and coatings company headquartered in Osaka. With a history dating back to its establishment in 1918, Kansai Paint has grown to become one of the world’s leading paint manufacturers. The company specializes in the production of automotive, industrial, and decorative coatings, catering to a wide range of industries and consumer needs.
As a testament to its global reach and market presence, Kansai Paint operates in over 80 countries worldwide. It is one of the world’s top eight paint manufacturers and among the top 5 global automotive paint companies. Over the years, the company has pursued an aggressive strategy of globalization, actively expanding its business activities through various mergers and acquisitions as well as greenfield initiatives. This approach has allowed Kansai Paint to establish a strong foothold in key international markets and solidify its position as one of the top players in the global paint industry.
In terms of financial performance, Kansai Paint has demonstrated substantial growth and success. As of January 1, 2020, the company reported a gross sale exceeding 3.9 billion USD, showcasing its robust revenue stream. Moreover, Kansai Paint boasted a market capitalization of 5.01 billion USD, illustrating its significant market value and investor confidence.
One of the key drivers behind Kansai Paint’s success is its continuous focus on research and development (R&D). The company has consistently invested in pioneering new paint and coatings technologies, making it an industry leader in this regard.
With a strong global presence, a solid financial standing, and a commitment to innovation, Kansai Paint Co. Ltd. has firmly established itself as a leading player in the paint and coatings industry. Through its comprehensive range of products and solutions, the company continues to shape the future of the industry while meeting the diverse needs of customers worldwide.
About brand “Nerolac”
Kansai Paint Co. Ltd, strategically operates under different names across various continents, aiming to acquire the most prominent brands in each region. In Europe, the company is recognized as HELIOS, while in Africa, it goes by the name PLASCON. In a similar manner, Kansai Paints made a significant move in the South Asian market by acquiring majority stakes of the Tata Forbes Group in 1999. As a result, the company established itself as Kansai Nerolac in this region, leveraging the popularity and reputation of the renowned Nerolac brand. It goes without saying, Nerolac also stands as one of the most trusted brands in this industry.
About Kansai Nerolac Paints (Bangladesh) Ltd
Kansai Nerolac Paints (Bangladesh) Ltd entered in the Bangladeshi market in 2018, and since then, it has rapidly gained popularity and emerged as the highest growing company in the country’s paint industry. The brand’s commitment to maintaining superior product quality, coupled with its focus on innovation, has positioned it as the most preferred paint brand in the corporate segment.
In a short span of time, Kansai Nerolac Paints (Bangladesh) Ltd has not only captured the attention of consumers but has also made significant contributions to some of the country’s major infrastructure projects. The company’s association with prestigious ventures like the Dhaka Metro Rail project, Kansai Nerolac Paints provided its exclusive products for the steel structures, ensuring long-lasting protection.
KNPBL Ltd has an impressive portfolio of completed and ongoing projects that demonstrate its contribution to the development of the country. Noteworthy endeavors include the Padma Rail Link, Airport Extension Project, and the Rooppur Nuclear Power Plant. Kansai Nerolac Paints (Bangladesh) Ltd is poised to continue its remarkable growth and contribute to the development of Bangladesh’s infrastructure and aesthetics for years to come.