Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, October 7 2015

Kansai Nerolac exits from Nipa Chemicals

Sells 49 percent stake to focus on environmentally friendly products.

Published February 11, 2011
Kansai Nerolac Paints Ltd has sold its 49 percent stake in Nipa Chemicals Ltd for Rs.25.75 Cr to Japanese JV partner Nihon Parkerizing Co. Kansai Nerolac considered Nipa Chemicals, which produces pre-treatment chemicals, as a non-core business and said it wants to focus on environmentally friendly products. Nipa Chemicals was established as a JV between Kansai Nerolac and Nihon Parkerizing Co, when Suzuki wanted a pre-treatment chemical spray to be used before painting. Nipa Chemicals offers pre- treatment requirements for automotive, powder coating and auto ancillarie companies. Kansai Nerolac Paints Ltd, a subsidiary of Japan-based Kansai Paint Company Limited, is an industrial coating company and offers wide range of products in automotive, powder, general industrial and high performance coatings.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Follow Coatings World On