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Government approvals allow for the launch of paint and coatings association.
July 24, 2023
By: Rachel Klemovitch
Middle Easts’ leading paints and coatings manufacturers have received necessary government approvals to officially launched Middle East Paints and Coatings Association (MEPCA). Founding member companies consist of Akzo Nobel, Asian Paints, Altakamol (Sheibani Group, Axalta, Jotun, Hempel, Caparol Paints, PPG, National Paints, RAR Holding, and Kaizen Paints Middle East (KPME) as well as backing support from the World Coatings Council and Vincentz Network. Analysts have estimated the Middle East paints and coatings market to be worth about $4,700 million and by 2032 could rise to as much as $7,500 million. Approximately 75% of reginal demand comes from construction (protective and decorative) and marine coatings, the rest comes from the OEM sector. MEPCA’s work will focus on paints and coatings in all segments — sealants and adhesives, automotive refinish, architectural/ decorative, coil, general industrial and OEM, packaging and containers, marine, transportation, machinery, wood, and powder. It will engage with industry shareholders to share knowledge, facilitate connections, contribute to international dialogue, and improve business conditions. “There is no shortage of paints and coatings expertise in our region of the world and MEPCA will play an instrumental role in taking forward our future success,” said Abubaker Sheibani the inaugural chairman of MEPCA. “We will work closely with regulators, producers, and industry experts to ensure our growth, continued business success, and the long-term sustainable development of our industry, starting a new era of cooperation. I am thrilled and proud to be its founding Chairman as we embark on this nest stage of our journey.” The Middle East paints and coatings industry produces products in the region and supply most of its products to domestic markets, supporting its region’s economic diversification. MECPA leadership team also includes managing director of Caparol Paints and vice chairman of MECPA Martin Rosocha and the reginal director of Akzo Nobel and treasurer of MECPA Jasbir Gill.
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