...INDIAN PAINT INDUSTRY: OVERVIEW Colours have always been an integral part of the Indian culture and paint is what makes the surrounding things and the homes people live in acquire the colour of their choice. Informally, the Indians started using paint centuries ago, zhen they used herbal colours to make cave paintings and religious figurines. Formally, the Indian paint industry is more than 100 years old. Its beginning can be traced back to the setting up of a factory by Shalimar Paints in Calcutta (now Kolkata) in 1902. Till the end of World War II, the industry consisted of small producers and two foreign companies. After the war, the imports stopped which resulted in the setting up of manufacturing facilities by local entrepreneurs. Still, the foreign companies continued to dominate the market. Presently, the industry has around 12 major players in the organised sector and more than 2000 producers in the unorganised sector The Indian paints industry has seen remarkable changes during the last decade. In this period, almost every major multinational has established or entrenched their presence, incumbents have built on their market position and the industry has become far more sophisticated in terms of the products it manufactures, the way it sells to customers and in the range of technologies it uses. The growth of the industry is not surprising; after all, paint demand is intimately tied to GDP, which has grown at record levels for much of the decade. Overall, paint demand...
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...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 Material: On an average, raw materials constitute ~56% of the total expenditure in paint companies. Titanium dioxide is one of the major...
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...operations in hospitality, healthcare and insurance. The company currently produces BOPP films, Metallized films. In this expansion project the company proposes to install the project of manufacturing of additional capacity of BOPP film, a Speciality Coated Film and Thermal Coated film. 2. Expansion Quantity : The proposed Expansion is as under Sr. No | Product | Existing | Proposed | Total | 1 | BOPP | 210 TPD | 110 TPD | 320TPD | 2 | MET BOPP | 50 TPD | Nil | 50TPD | 3 | Coated Films | Nil | 8 TPD | 08 TDP | 4 | Thermal Coating | Nil | 48 TPD | 48 TPD | 3. Investment : Sr. No | Plant | Investment | 1 | BOPP | 226 Crores | 2 | MET BOPP | 0 Crores | 3 | Coated Films | 18 Crores | 4 | Thermal Coating | 49 Crores | | Total | 293 Crores | 4. Likely date of Commissioning Sr. No | Plant | Likely date of Commissioning | 1 | BOPP | Mar-17 | 5 | Coated Films | Oct-15 | 6 | Thermal Coating | Jun-16 | 5. Process Description and Raw materials to be consumed: 6.1 BOPP Production The process for the manufacture of Biaxially Oriented Poly Propylene (BOPP) film is described below: Polypropylene resins are melted and extruded through a set of electrically heated extruders and after filtration passed through a T-die with adjustable lips. The molten sheet of Polypropylene is taken on to a chilled & water bath, where chill water is circulated in closed loop for casting it into continuous polypropylene film...
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...Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans. Asian Paints has acquired 30% stake in Dutch Boy Philippines from Berger International Limited (BIL), an indirect subsidiary of Asian Paints. Asian Paints executed a conditional stock purchase agreement relating to the sale of 427,000 shares of Dutch Boy Philippines, which ceases to be an associated company of BIL. Asian Paints, Ltd. (APL) has entered into a 50:50 new joint venture agreement with PPG Industries, Inc. (PPG), a US-based provider of paints, coatings and speciality products, to accelerate the growth of non-decorative coatings business in India. This is the second joint venture between APL and PPG. They currently have a 50–50 joint venture named Asian PPG Industries Ltd (APPG). APL and PPG have agreed that APL will take lead in the second venture, while PPG will take lead in APPG in order to utilise their respective strengths to best capture the growth in infrastructure development and globally driven markets in India. APPG currently services the Indian transportation coatings market and this change will expand its scope to additionally service the industrial liquid, marine and consumer markets. The second joint venture will service the protective, industrial power, industrial containers and light industrial coating markets. The transaction is subject to regulatory approvals and is expected to be completed during 2011. ...
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...detriments. The fact is, about 33% of these costs could be diminished by using corrosion-resistant materials. Being defined as the sideways displacement of material from its original position on a solid surface performed by the action of another surface, wear is another mechanical property of materials that materials scientists consider when selecting materials in a design task. In order to be wear-resistant, a material must be hard and strong. The demand for corrosion- and wear- resistant coatings is nowadays rapidly increasing, especially in oil and gas industries. The most common solutions are Hard Cr and Quench-Polish-Quench (QPQ) processes. However, these two processes affect the environment adversely. As alternatives, coating layers can be introduced to metal samples. Coatings can be done with or without electricity. If electricity is involved, the process is called electroplating. It is done by immersing the sample that is going to be coated together with an anode of the coating metal in an electrolyte...
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...a two-pack polyvinyl butyral based, acid-catalysed etching primer. It has excellent adhesion to blast cleaned steel, galvanised steel and light alloys and thus provides a suitable base for most coatings to adhere satisfactorily. Physical Characteristics Of Paint Colour : Grey Texture : Matt Specific Gravity : 0.85 - 1.00 (for mixture of Base and Hardener) Solid Content : 20 ± 2% by volume Surface Preparation : For galvanised surfaces and light alloys, thorough solvent degreasing to SSPC-SP1 is necessary. For steel, abrasive blast to Sa 2½ ISO 8501-1:1988 is required. All surfaces must be clean and dry before the paint is applied on. Recommended No. Of Coat : 1 coat Recommended Film Thickness Per Coat : 12 microns for dry film 60 microns for wet film Theoretical Coverage At Recommended Film Thickness : 16.6 m /litre (for dry film thickness of 12 microns) Practical Coverage (20% Loss Factor) : Recommended For Use: 2 Theoretical Coverage = Volume Solids (%) X 10 (m/litre) Dry Film Thickness () 2 13.3 m /litre (for dry film thickness of 12 microns) Note: This theoretical coverage rate has been calculated from the volume solids of the material and is related to the amount of coating applied onto a perfectly smooth surface without wastage. For a practical coverage rate, due allowance should be made for atmospheric conditions, surface roughness, geometry of the article being...
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... A few years back, my father and I chose to enter into (purchase a piece of) a franchise company “Pittsburgh Paints”; a part of a larger organization, PPG Industries: “Bringing innovation to the surface”. PPG has several different business opportunities, including: paints and coating, optical, speciality materials, chemicals, and glass and fiberglass. My father, being a contractor/builder, in our small town, leased a store front for his previous construction company. In lieu of utilizing this space for his business, we decided to open a House Paint and Deck Stain store. The town my father lives in is small, therefore, everyone living and working in the county must “work together” in order for all to provide for their individual families. With that being said, there was already a house paint store in place, just located on the opposite side of town. To not impose, we chose a company more geared towards “subcontractors” vice the “homeowner” (though we still provided a homeowner line of product for those coming into our store “off the streets”. Our store, selling PPG’s Pittsburgh Paints, was called “ProFormance Paints”. PPG Industries' vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded...
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...Polyjacking vs. Mudjacking in Huntsville, AL Do you have deteoritating, flaking or chipping concrete? Is your sidewalk or driveway unlevel? If your driveway, patio, or porch steps are sinking, you need our concrete repair services. We can lift and re-level your problem spot without the inconvenience and expense of a complete tear-out and concrete re-pour. As patios, walkways and driveways crack, uneven cracks develop. In addition to being an eye sore, cracked and unlevel concrete can be tripping hazards to you and your family. Fortunately, mudjacking and polyjacking can solve many sinking concrete problems instead of facing a concrete tear-out and new concrete pour. Both methods offer the same results - to lift and level sunken concrete by injecting material into drilled holes. However, choosing the best concrete repair method can be a difficult decision. To pick the best solution for your needs, it's important to know the difference between polyjacking vs. mudjacking. h2: Mudjacking in Huntsville, AL Affordable Foundation and Home Repair has over 20 years of mudjacking experience and proudly serves the Huntsville area. Anytime the concrete on your property sinks, it leaves damaging voids under the house and structure. To lift concrete to its original position, voids are filled under the affected slab with a thick mixture of clean soil and cement. This slurry mixture is injected with force, then lifts and raises the sunken concrete back into position. Grout is then added...
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...The entire system or process of doing work should be studied before undertaking a thorough investigation of a specific operation in the process. Such an over-all study will ordinarily include an analysis of each step in the manufacturing process or system. Process Analysis Tools ♦Operation process chart ♦Flow process chart ♦Flow diagram OPERATION PROCESS CHART The operation process chart shows the chronological sequence of all operations, inspections, time allowances, and materials used in a manufacturing or business process, from the arrival of raw material to the packaging of the finished product. The chart depicts the entrance of all components and subassemblies to the main assembly. Two symbols are used in constructing the operation process Chart : an operation and an inspection. FLOW PROCESS CHART The flow process chart is a device for recording a process in a compact manner, as a means of better understanding it and improving it. The chart represents graphically the separate steps or events that occur during the performance of a task or doing a series of actions. The chart usually begins with the raw material entering the factory and follows it through every step. The process chart symbols : The American Society of Mechanical Engineers (ASME) has established the five standard symbols are described As follows: Operation An operation occurs when an object is intentionally changed in one or more of its characteristics. An operation represents a major step...
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...BU Y 15 April, 2008 Key Data CMP Target Price Key Data Bloomberg Code Reuters Code BSE Code NSE Code Face Value (INR) Market Cap. (INR mn.) 52 Week High (INR) 52 Week Low (INR) Avg. Daily Volume (6m) APNT IN ASPN.BO 500820 ASIANPAINT 10.0 113,372.6 1,319.95 751.0 41,654 (INR) 1200.0 1419.0 Asian Paints Limited Introduction Asian Paints Limited (APL) incorporated in 1942 ranks among the top ten decorative paint companies in the world. It has presence in decorative and industrial coating segment of the paint business. Besides, the Company operates around the world through its subsidiaries Berger International Limited, Apco Coatings and SCIB Chemicals. APL has its presence in almost all the segment through its brands Royale in the premium segment, Apcolite in the mid-segment, Gattu, Tractor, Utsav and 3Mango etc. in the lower segment. Investment Rationale The Indian Paint Industry growing at 1.5 times the GDP growth. Assuming the country GDP grows @7.5% p.a, the Indian paint industry is expected to grow at a CAGR of 11.85% from Rs. 112 bn. in FY07 to Rs. 156.7 bn in FY10E. In order to cater the incremental demand of the domestic paint industry, total capacity addition coming upstream in over the period of two year i.e. from FY08E to FY10E is around 255450 tonne. Out of this incremental supply around 82% will be contributed from APL resulting in increase in market share from 37% in FY07 to 42% in FY10E. APL’s dominance in paint industry and presence across all segments...
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...1. Introduction: Managing the function of each department efficiently and flexible payment procedure is enough for a corporation to achieve success. A prudent multinational company (MNC) management should always try to make an appropriate balance between the effectiveness and efficiency of profitability. The product and service flexibility with in short time gives the customer ultimate satisfaction, which attracts the more clients for the company. The sales will be automatically high and increase the commission and profit of the company. As a pioneer MNC in paint industry, Berger is able to do so to earn the trust of general people. Berger has the glory of being oldest MNC in paint sector owned a portion by the general people of Bangladesh and it servers the nation for last more than 60 years with largest line of diversified home, indoor, outdoor decorative services in different sectors. 2. Background of the Report: Raising competition from Paint and non paint competitors and continuing development of innovative ways to provide financial services are all contributing to a growing interest in evaluating Berger’s performance. Various groups of individuals are particularly interested in evaluating Berger’s performance. This project is about evaluating the Berger Paints Bangladesh Ltd’s market share & customer satisfaction & how it can be improved. This is an internship project where I shall be trying to evaluate the overall Market share & customer satisfaction...
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...2010, the company invited all employees, 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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...of data. The data has been collected through some non structured questionnaire. The limitations to get the proper information were Time barriers, Intension to not disclose the information Rules and regulation etc. The vision of the company is to remain as the benchmark in the Paint industry. being an innovative and technology driven Company consistently delivering world-class products ensuring best consumer satisfaction through continuous value added services provided by highly professional and committed team. Their mission is to increase the turnover by 100% in the next five years and remaining socially committed ethical company. Production of paints and coatings is the core business of Berger. Berger produce a wide range of paints including decorative/architectural paints, industrial coatings, marine paints and powder coatings. Berger paints Bangladesh LTD operates its business in a competitive environment with both local and multi-national organizations. At present the company holds 55% market share where as the rest of 45%market share holds by the other multi-national and local companies. It’s clearly indicated that Berger paints Bangladesh Ltd is in the leading position among all other competitors in the paints industry .The majors participant of the paints industry are ;...
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...Meramec. I saw how magic sand was able to hold water and it didn’t sink at all. Also, how a wire had memory, and an explosion using anti-acid effervescent. Regular sand was coating with a substance that repels water. At the demonstration, this “magic sand” was sprinkled in a container with water and it didn’t sink. The sand was always dry even after it was dumped at bottom because it had so many drops of water above it. A wire that had memory! This wire is called Nitinol and it’s remembered its shape. I started shaping the wire and then with a hair blow it turned into the original straight shape. The heat is what makes the wire turn into the original shape. Other demonstration was an explosion using effervescent and water. The students used a transparent plastic photo film with its lid, an effervescent table, and water. They crushed the effervescent, put it in the tube, added water, and snapped the lid. Immediately it launched into the air causing an explosion. There were more demonstrations, which I really enjoyed. It is very interesting how something that we can’t see like a nano can be so useful in our lives. In addition to the demonstrations, there was a table that has information and explains how the nanotechnology improve our environment. Nanofilm lens cleaners and coatings, join and muscle pain cream, anti-wrinkle skin cream, car wax, and bandages are some of the products that we use in our lives and the nanotechnology is applied. How amazing is...
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...Indian Paint Market to reach Rs495bn by FY17: IPA Study | | India Infoline News Service/ 09:35 , Jan 21, 2013 | The theme for this year’s conference Coating 2020 – Future Redefined; will witness industry stalwarts converge to analyze and redefine the future of coatings industry in India. | Indian Paint Association (IPA), the apex body of the Indian Paint industry, is hosting the 26th Indian Paint Conference which is scheduled between 18th – 20th January 2013, at Hotel Grand Hyatt in Mumbai. The theme for this year’s conference Coating 2020 – Future Redefined; will witness industry stalwarts converge to analyze and redefine the future of coatings industry in India. In order to have a better understanding of the paint market in India, IPA, has appointed AC Nielsen to undertake a detailed and comprehensive study to estimate the size of the market, both in decorative and Industrial paints. Indian Paint Market – Size & Future coating industry’s latest report by AC Nielsen will also be unveiled at the conference. This report will cover the estimated trends in different product categories with an in-depth analysis of the end user market in the decorative paints segment. Key highlights of the Study by IPA & AC Nielsen: Indian paint market is expected to reach 49,545 INR Crs by 2016 – 17, decorative market will continue to grow and would have higher share compared to industrial paints. Overall paint value market is estimated at 26,040 INR Crs for...
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