The latest Nova Paint Club meeting was held in London between 28 October and 3 November. The meeting brought together the technical directors from the member companies and their board representatives to discuss how threats from global supply chain issues can be addressed through cooperation within the international group.
The Nova Paint Club draws its members from 11 companies operating in over 90 countries. The technical directors discussed ongoing joint projects and received presentations from key vendors on new raw materials, new regulatory issues and specialised additives. The group also discussed further areas for cooperation and savings through joint technical projects, which will be followed up at their meeting in Paris in February 2012.
The board members received presentations from external experts on approaches to concerns within the global supply chain. They also agreed on a new framework for the Nova Paint Club in the future.
“This conference has brought into sharp focus the importance of independent companies working together to tackle global issues in our industry," said Joao Serrenho, president of CIN and current president of Nova. "Pressure on the global supply of key materials means that cooperation is essential to mitigate the risks to our businesses.”
Mohan Murty, managing director and CEO of Asian Paints, who will be retiring in early 2012, resigned as a member of Nova's executive. His position will be filled by Michael Dayan, managing director and CEO of Tambour in Israel. The president thanked Mr. Murty for his contribution to the Nova Paint Club over many years and presented him with the Nova Gold Pin award together with a gift from the board to mark the occasion.
The next board meeting of the Nova Paint Club will take place in April 2012 in Buenos Aires, hosted by Sinteplast SA and will be held together with a meeting of Nova’s marketing directors.
The Nova Paint Club is an international organization founded in 1983 to provide a framework for leading global independent paint companies to benefit from exchanges of technical information, technology and expertise in all areas of their operations.
The Nova Paint Club currently has 11 core members with their main operations based in Argentina (Sinteplast SA), Canada (Cloverdale Paint Inc), Colombia (Global Paints SA), Germany (Votteler Lackfabrik GmbH & Co), Greece, (Druckfarben Hellas SA), India, (Asian Paints), Israel (Tambour Ltd), Portugal (CIN SA), South Africa (Plascon SA), Spain (Barnices Valentine S.A.), and the USA (Vogel Paint Inc). These companies also have other operations and/or subsidiaries, which extends their total involvement to around 90 countries throughout the world.