...Paints Industry Report June 15, 2011 SPA Securities Ltd. C o n t e n t s Executive Summary Industry Description Asian Paints Akzo Nobel Kansai Nerolac Berger Paints : : : : : : 01 - 01 02 - 05 07 - 12 14 - 19 21 - 26 28 - 33 Executive Summary Paint Industry Indian paint industry is in the sweet spot. Rising income and aspiration levels of young demography along with changing lifestyle has catapulted the demand for both repainting and fresh paints. Despite slowdown in FY09, paint industry reported robust double digit growth in last two years on back of higher demand. Going ahead, we believe demand scenario to remain strong backed by higher discretionary spend, increasing penetration, high construction activities and robust growth in auto & consumer durables industries. Paint industry has witnessed strong growth of 1.5-2x GDP growth since liberalization. There has been considerable reduction in average number of years required for repainting from 10-11 years 5 years back to 4-5 years now. This is the stark evidence of changing lifestyle with rising income levels. Repainting the home is not just a discretionary spend as it used to be as changing lifestyle resulted in people aspiring for cleaner and beautiful looking homes. Robust construction activities on back of higher housing demand has further boosted the growth of paint industry. The share of fresh paints in total demand has increased significantly in last decade on back of increasing urbanization and higher demand...
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...respect we, the undersigned students of BRAC Business School of Summer 15 semester have reported on a survey of the "Berger Paints Bangladesh Limited. It is important to note that the survey report is under the course of Management Principles and Practices. Though we are in learning curve, this report has enabled us to gain insight into the core fact of the Berger Paints Bangladesh Limited. It was an extremely challenging and interesting experience. Thank you for your supportive consideration for formulating an idea. Without your Inspiring this report would have been an incomplete one. Lastly, I would be thankful once again if you please give your judicious advice on effort. Yours’ sincerely, ACKNOWLEDGEMENT At first, we want to express our gratitude to Almighty Allah for giving us the strength, ability and opportunity to complete this report within the schedule time successfully. We would like to express our debt of gratitude to Lecturer, Mrs. Tanzin Khan, Department of BRAC Business School of BRAC University, who assigned us to prepare this report. Her valuable suggestions and important guidelines help us a lot to prepare this report. Moreover, her valuable instructions, constant inspiration, enormous patience contributed throughout the report. Our special thanks to Ms. Anika Shams the Officer of Human Resource Department of Berger Paints Bangladesh Limited (BPBL) who helped us a lot to provide with relevant and updated information of BPBL to prepare the survey...
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...Indian Paint Industry The Indian Paint industry, estimated to be a Rs.28,000 Cr.(FY13) industry, has been growing at a rate of above 15% CAGR for the past few years. Though for the industry FY13 has been a challenging year as a whole due to subdued demand across key sectors and rising inflation, but the industry is expected to grow by at 12-13% annually over the next five years from Rs 280 bn in FY13 to around Rs 500 bn by FY18. The organized players of the industry cater to about 65% of the overall demand, whereas the unorganized players take care of the remaining 35%, in value terms. The unorganised players mainly dominate the distemper segment. The industry can be classified in two main segments, which are as follows: * Decorative segment * Caters to the housing sector * Industrial segment: consists of * Powder coatings * Floor coatings * Other protective coatings to cater to the * Automobile * Marine * Other industries. In the Indian market, Decorative segment accounts for 70% of the total demand for paints whereas the industrial segment accounts for the remaining 30%. Globally, the demand for paints is almost equally distributed, where both the segments account for close to 50% of demand. Source: http://www.ipaindia.org/ Industry Dynamics: Industry dynamics is basically driven by three factors, which are: * Major Inputs: the major inputs for the cement industry includes the following * Raw...
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...as well as international and local customers to celebrate Jotun in China during the Expo Exhibition. Two new factories are under completion, new products are included in the portfolio, and the company is expanding into new regions. China seems to become more important in all segments of the global Jotun Corporation. Mr. Naglestad ponders about the future of Jotun in China, particularly his thoughts evolve around the following questions: 1. How to succeed further with Jotun in China? 2. Will “The Jotun Way” be a successful recipe? 3. How to balance the JV and the wholly owned activities in the future? THE JOTUN GROUP The Jotun Group is one of the world's leading manufacturers of paints, coatings and powder coatings. Its operations cover development, production, marketing and sales of various paint systems and products to protect and decorate surfaces in the residential, shipping and industrial markets. Jotun is represented on every continent by subsidiaries and joint ventures. The group comprises 70 companies in 39 countries, including 38 production facilities. In addition, Jotun has legal companies, agents, branch offices and distributors in more than 80 countries. In 1 Jotun took its name from Norwegian mythology and the Jotunheimen...
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...Hit List/Todo Out side: • All Window ledges Cleaned off • Handicap posts repainted yellow – need to buy spray paint and paint carefully not painting grass or sign • Front door Pepper Band – stay tuned for a cleaning instructions from Tim Carroll • Re-paint ground light and benches that need touch up with black paint. Spray paint in office. Front Door area: • Polish door handles and door threshold to a brassy finish. • Clean and paint foyer base boards (first area entered from front door) • Silicon fill holes where floor heater power source used to be. • Get door closer covers (mechanisms that help close the doors) • Install menu holders next to host stand with red (holds menus to be cleaned) and green (holds menus that are clean) stickers. • Dust above and around front door. Look above door. Need to point all lights towards the wall. Dining Room • All chair legs and backs completely clean • Replace plant (plastic) in duck (by 42) and pig (by drink station) • Detail all stainless in remote drink station and clean underneath. • High dust all light fixtures, speakers, vent covers, chalkboards, congruitied metal above tables and runners. • Dust vents and walls in men’s and women’s bathrooms • Fix all blinds that do not recede all the way up…..see Rick on how to • Detail all micros • Detail floors….black that runs along the baseboards. • Baseboards clean Bathrooms: • Detail doors. Clean all hand grease off front doors • Clean all...
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...as a partial requirement to acquire the BBA degree under direct supervision of Mohammad Mahfuz Ahmed. I have tried my level best to make this report informative and enriched so that the real things can easily be displayed History of Berger Berger is one of the oldest names in paint industry detailing back more than 200 years to 1760. Lewis Berger, a German national, founded dye & pigment making business in England. Lewis Berger & Sons Limited grew rapidly with a strong reputation for innovation and entrepreneurship culminating in perfecting the process of making Prussian Blue, a deep blue dye, a color widely used for many European armies’ uniform. Production of dyes & pigments evolved into production of paints & coatings, which till today, remains the core business of Berger. Berger grew rapidly by establishing branches the world over and through merging with other leading paint & coating companies. Berger in Bangladesh Berger Paints began its painting in Bangladesh since independence. And this has been a footstep to bring more than 230 years of global paint industry experience into Bangladesh. In 1970, Berger Paints Bangladesh Limited (BPBL) erstwhile Jenson & Nicholson had set up its paint factory in Chittagong at an estimated investment of TK.4 million. The shareholders were Jenson & Nicholson (J& N), Duncan Macneil & Co Ltd and Dada Group. Duncan Macneil subsequently sold their shares to majority...
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...sales within their current market areas for architectural paints and coatings? Situation Assessment: The United States (U.S.) paint industry is mature industry and currently a sixteen (16) billion dollar market. The entire U.S. paint industry is classified into three primary segments. The first U.S. market segment is special-purpose coating which accounts for twenty-two (22) percent of industry sales. These sales are produced for special applications where surfaces are exposed to environmental or other corrosion elements. Relative examples include manufacturing facilities, bridges, road construction and many other industrial settings. The second U.S. paint market segment is original equipment manufacturing OEM coatings. These coatings are applied to durable goods to meet certain specifications of the manufacture. The original manufacture applies the paint coatings to the durable goods during production. OEM sales account for thirty-five (35) percent of the U.S. paint industry. Relative examples include industrial machinery, transportation equipment, appliances, furniture, construction products and vehicles. The final U.S. paint industry market segment is architectural coatings, which is the primary focus of this marketing case. Architectural coatings otherwise known as “shelf goods” make of the largest portion of market share at forty-three (43) percent. This market segment consists of general-purpose paints, varnishes, and lacquers which are used for residential...
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...architectual paint coatings markets served by the company in the southwestern United States. US Paint Coatings Industry Divided into 3 broad segments: 1. Architectural Coatings • General purpose paints, varnishes, lacquers used on residential, commercial & institutional structures • Sold through wholesalers & retailers • Purchased by do-it-yourself consumers, painting contractors & professional painters • Commonly called ‘shelf goods’ • Account for 43% of total industry dollar sales 2. Original Equipment Manufacturing (EOM) Coatings • Formulated to industrial buyer specifications & are applied to original equipment during manufacturing • Used for durable goods such as automobiles, trucks, transportation equipment, appliances, F&F’s, metal containers etc • OEM Coatings represent total of 35% of industry dollar sales 3. Special Purpose Coatings • Formulated for special applications or environmental conditions e.g extreme temperatures, expose to chemicals or corrosive conditions • Used for automative and machinery refinishing, industrial construction and maintenance, bridges, highway and traffic markings etc • Account for total of 22% of industry dollar sales US Paint coatings industry is generally considered as a growing industry. Industry sales in 2004 were estimated to be slightly over 16$ billion. Average annual dollar sales growth was forecasted to approximate the general rate of inflation through 2005. janmar coatings limited is a paint company that...
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...corporation that produces and markets architectural paint. It markets its paint and sundry items in over 50 countries. The eleven country Dallas-Fort Worth (WTF) metropolitan area is the major business and financial centre in the country’s south-western service area. The company is struggling on where and how to deploy corporate marketing efforts among the various architectural paint coatings markets served by the company. MARKET AND INDUSTRY ANALYSIS The US paint industry is divided into three segments: • Architectural coatings (43%): general purpose paints, varnishes, and lacquers used on residential, commercial, and institutional structures. They are sold through wholesalers and retailers. • Original equipment manufacturing (OEM) coatings (35%): OEM coatings are formulated to industrial buyer specifications and they are used for durable goods such as automobiles, transportation equipment, building products industrial machinery and equipment etc. • Special purpose coatings (22%): Special purpose coatings are formulated for special applications or environmental conditions (extreme temperatures, exposure to chemicals). They are used for automotive and machinery refinishing, industrial construction such as factories, railroads, utilities, bridges marine application, highway and traffic machines and roof paints. Industry Sales in 2004 were estimated to be slightly over $16 billion. US sales of architectural paint coatings and sundries were projected to be $12 billion-plus...
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...Alkyd paint and paint driers.† 1.1 Introduction 1.1.1 A brief history of paints and coatings[1-4] Paints and coatings occupy a prominent place in the cultural history of mankind. People have always been fascinated with colors and used paints to decorate and beautify themselves and their environment. Archaeologists found pigments and paint grinding equipment in Zambia (Southern Africa), thought to be between 350,000 and 400,000 years old. The oldest testimony of artistic activity was found in the south of France where some 30,000 years ago our prehistoric ancestors decorated the walls of their cave dwellings with stunning animal drawings. The ancient paints consisted of animal fat and colored earth or natural pigments such as ochre. Hence, they were based on the same principle as the paints that are used today - a binder and a coloring agent. Around 3000 BC, Egyptians began using varnishes and enamels made of beeswax, gelatin and clay – and later protective coatings of pitch and balsam to waterproof their wooden boats. About 1000 BC, the Egyptians created varnishes from Arabic gum. Independently, the ancient Asian cultures developed lacquers and varnishes and by the 2nd century BC, these were being used as coverings on a variety of buildings, artwork and furnishings in China, Japan and Korea. The ancient Chinese knew how to make black lacquer (the true predecessor of modern coatings) from the sap of the lacquer tree Rhus Vernicifera. In India, the secrete of the lac insect Coccus...
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...Business Case 180 degrees: Jones Blair Kenneth De Smet 1. Which are the main characteristics of the U.S. painting products market The U.S. painting products market is a maturing industry with industry sales in 1996 slightly over 13 billion dollars. With average annual dollar sales growth forecasted to approximate the general rate of inflation through 2000. Further more it is divided into three broad segments: - Architectural coatings: this consists out of general-purpose paints. It holds 43 percent of the total industry dollar sales. - Original equipment manufacturing coatings: industrial buyer specifications are applied to original equipment during manufacturing (think automobiles, trucks….). It holds 35 percent of total industry dollar sales. - Special-purpose coatings: for special applications or environmental conditions. It holds 22 percent of total industry dollar sales. Jones Blair is specialised in architectural coatings. 2. How would you segment this local market Architectural coatings segmentation: By end-user: do-it-yourself painters versus professional painters By use: Interior paints versus exterior paints Geographic: DFW (eleven county Dallas-Fort Worth) & non-DFW 3. What is the attractiveness of your identified segments and what are their specific needs and wants? - Do-it-yourself painters: Account for 50 percent of architectural coatings dollar sales. They typically buy in Whse H.C. Home Center and membership clubs. Consumer...
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...completely before beginning. If you have any questions regarding these procedures or safety issues about HERCULINER, please call our customer service line at (800) 477-5847 between the hours of 8AM and 5PM CST. CAUTION: BEFORE YOU START! It is very important that this product be applied in a well ventilated area and that chemical resistant gloves are worn during application. Important: This kit contains one (1) gallon of HERCULINER, which is sufficient to cover one (1) six-foot truck bed. Eight-foot truck beds will require an additional quart of HERCULINER. Other items you will need to complete the job: • One quart of Xylene (Xylol), Acetone or MEK Solution for surface preparation only • 2" wide masking tape • Paint roller pan • Rubber gloves • Clean up rags • Stir stick or paint mixing drill attachment CAUTION: HERCULINER bonds to skin, clothing and metal surfaces quickly and is very difficult to remove once it dries. Be careful to avoid getting any residue on your skin, painted surfaces and clothing. Use Xylene (Xylol) or Acetone immediately to remove HERCULINER, and wash area with soap and water. See PRECAUTIONS AND WARNING LABELS for further information. INSTRUCTIONS: (1) Remove tailgate. (2) Clean heavy dirt and grime from truck bed and tailgate. Sweep out large debris and use a household detergent such as TSP (Trisodium Phosphate) and water to thoroughly remove all dirt, including oil spots and petroleum products...
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...Community art As I walk around my town and neighboring town, I find myself looking at all the older style buildings that are in great shape after all these years. I have come across a very large Victorian style house that has caught my eye numerous times while driving by. There is a stone outside with the house’s history stamped on it. This house was built in 1888 by the founder of Alma, MI. His name was Almy Wright. This was a mansion that he had built for his family. This 2 story wood structure is blue in color now and obviously has been repainted over the years. It has maroon colored trim around the window and eves. Picture, if you will, a huge mansion that sits in the center of town. This mansion has a big covered front porch on the front and has a Victorian classic feel. Windows are still the old wood sash style. I think the owner’s medium was that of what was available in those days. We have the Pine River that flows through the area that brought logs from Saginaw to Alma. Due to the other houses around this one being about the same, others built theirs in his likeness, or media. This house was one of the first built in the city and served as a home for the Wright Family. It was constructed by Detroit Architecture Firm and is still a very important house for the community. This house struck my eye for a few reasons. It’s a very large structure that is one of the oldest houses in Alma and that I am very interested in the Victorian style houses. ...
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...below. Please answer the questions in English and provide descriptive and complete answers. Also, write your responses in complete sentences. Complete your assignment on a Word document and upload your document. Do not write your responses in the "comment" section! 2. Record youself signing these dialogues, upload to youtube and post link here. OCCUPATIONS AND PROFESSIONS 1. What occupation does Chris have? Chris is a welder. 2. What occupation did Alex think that Chris had? Alex thought Chris worked PO. 3. What occupational experience has Chris had? List all. Chris’ work experience includes being a mechanic. 4. What occupations does Alex have? Alex works as a ASL teacher and also paints for a living. 5. What does Alex paint? Alex paints houses, buildings, and bridges. JOB ACTIVITY 1. Where does Lisa work? Lisa works at the Bank. 2. What does she do there? List all. She works with the computers , the checks, deposits, and types. She is a supervisor and has 3 subordinates under her. She helps if s problem shows up. 3. does she work days or nights? She works day. 4. What does her work week look like? (how many days and what are hours?) She works 4 days with a 10 hour straight shift and then has a 3 day break. WORK HISTORY 1. What does Pat do? She is retired. 2. What did he do before? List all. first she painted but didn't like it. Then she worked in print at washington post.The LA times hired her. 3. Alex said that...
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...Direct Care Experience Lead-Based Paint Poisoning This writer met with a neighborhood friend who has a 3-month old little boy named, Joshua Edward. This mother, Nicole, is a 19 year old, Caucasian, single mother who works full time at a grocery store as a clerk and attends a local community college with the intent of becoming a teacher. She will be entering her junior year of college this coming fall. Nicole was very interested in the information presented in the pamphlet regarding lead-based paint poisoning. She became very concerned due to the fact she is renting half of an older house and is unsure about how old this home is and if lead-based pain has been utilized. Nicole stated she would be making contact with her landlord the next day to further determine if her concerns are warranted. She explained that when she moved to her current residence, her and her family cleaned the home thoroughly from top to bottom and was told then that the walls had been freshly painted prior to her moving in. She did not recall any chipped paint and was relieved to recall that Joshua’s crib was purchased new for her prior to his birth from her parents. Nicole provided feedback after reading the pamphlet that included understanding and insight into how this type of poisoning occurs, how to prevent, and resources to further explore the subject. This writer allowed Nicole to utilize her IPad to review the websites and resources mentioned in the pamphlet to allow her to...
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