Kansai Nerolac Paints
 |
|
| Public | |
| Traded as | : : KANSAINER |
| Industry | Chemicals |
| Founded | 1920 |
| Headquarters | Mumbai, Maharashtra, India |
|
Area served
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India |
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Key people
|
H.M.Bharuka (MD) |
| Products | Basic and industrial chemicals, decorative paints, industrial (re)finishing products, coatings |
| Revenue | ₹4,442 crore (US$690 million) (2016) |
| ₹577 crore (US$90 million) (2016) | |
| Profit | ₹894 crore (US$140 million) (2016) |
| Total assets | ₹2,335 crore (US$360 million) (2016) |
|
Number of employees
|
2,566 (2016) |
| Parent | Kansai Paint |
| Website | nerolac |
Kansai Nerolac Paints Limited (: , : KANSAINER) (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. It is a subsidiary of Kansai Paint of Japan. As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. It is engaged in the industrial, automotive and powder coating business. It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries.
Kansai Nerolac Paints has 5 paint manufacturing plants and about 6–7 contract manufacturers. The Nerolac owned plants are at 1. Jainpur (Uttar Pradesh) 2. Bawal (Haryana) 3. Lote, Chiplun (Maharashtra) 4. Hosur (Tamil Nadu)
Kansai Nerolac Paints Ltd. has entered into many technical collaborations with other industry leaders such as E.I. Du-products.
The Mumbai-based company is the leader in the industrial paints segment with a market share of over 40%. It is the third-largest player in the decorative paints segment with a modest market share of 13%. Nearly 75% of the Indian paints industry consists of the decorative segment.
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. Kansai Paint is a comprehensive manufacturer of paints and coatings. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. They are also present in U.K., Turkey, U.S.A, Canada, Mexico, UAE.
Technologically innovative products are the company's hallmark. Kansai Nerolac Paint offers differentiated products with a focus on being eco-friendly and healthy. Kansai Nerolac Paint’s key products and brands includes the following:
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Wikipedia