Company Research Report - PPG Asian Paints Private Limited

Company Overview

Name: PPG Asian Paints Private Limited

Mission: PPG Asian Paints remains committed to the vision of providing the highest quality paints and finishes in the industry, enhancing productivity and profitability of customers while protecting the environment and supporting the communities in which it operates.

Founded: February 1997

Founders: Joint venture between PPG Inc (USA) and Asian Paints Ltd (India)

Key People:

• Kumar Padmanabhan, Chief Executive Officer (as referenced in CSR section)

Headquarters:

• Registered Office: 6A, Shanti Nagar, Santacruz East, Mumbai 400055

• Corporate Office: Unit No. 1, 4th Floor, The Centrium, Phoenix Market City, L.B.S. Matg, Kurla West, Mumbai 400070

Number of Employees: No information is available

Revenue: No information is available

Known For: Leading supplier of paints and coatings in diverse markets such as Automotive OEM, Automotive Refinishes, Industrial, Marine, and Packaging.

Products

PPG Asian Paints offers a diverse range of products across multiple segments:

Automotive OEM Coatings

High-level Description: Innovative coating technologies for the automotive industry.
Key Features:
1. Body Coatings: Pretreatment Chemicals, Cathodic Electrocoat, Primers, Solid Monocoats, Solid and Metallic BaseCoats, High Performance Clearcoats.
2. Plastic Coatings: Pretreatment Chemicals, Primers for TPO/PP, ABS/Nylon, 2K Solid Monocoat, 1K Basecoat, 2K Clearcoat.
3. Adhesives & Sealants, Basecoats, Clearcoats, Compact Paint Systems, Electrocoat, Pretreatment, Primer Surfacer.

Automotive Refinish

High-level Description: Complete range for refinishing needs from metal preparation to final polishing.
Key Features:
1. Advanced Waterborne Basecoat systems: Envirobase High Performance and Aquabase Plus.
2. Solvent-borne basecoat systems: 2K Nexa Autocolor and Deltron Global Refinish System.
3. Economy PU category: Brands include Bilux, ACS, and Enza.
4. Alkyd brand: ASPA and ASPA Supreme.
5. Structured Service Packages and world-class training.

Industrial Coatings

High-level Description: Solutions that enhance production efficiency while remaining eco-friendly.
Key Features:
1. APAF and GF, Coil, Electronic Materials, Extrusion, Heavy Duty Equipment, Transportation, Automotive Parts & Accessories.
2. Pretreatment & Engineered Products, Electrocoat, Liquid, Powder.

Marine Coatings

High-level Description: Protective coatings for new-build shipyards and marine applications.
Key Features:
1. Anti-fouling and Fouling Release Coatings, Dry Dock, Inland Marine, New Build Vessels, Offshore, Sea Stock, Water Ballast Tank Coatings.

Packaging Coatings

High-level Description: Coatings for the protection, performance, and decoration of products in key markets.
Key Features:
1. Aerosols & Tubes: HOBA, iSense™.
2. Beverage Cans: INNOVEL, Beverage Easy-Open-Ends.
3. Caps & Closures: iSense™.
4. Decorative Inks: PIXOSET, EASYINK.
5. Food Cans: NUTRISHIELD.
6. Industrial Packaging.
7. Specialty Packaging.

Recent Developments

Recent Developments: No specific recent developments mentioned.

New Products Launched: No information is available

New Features Added to Existing Products: No information is available

New Partnerships:

• PPG Asian Paints strategic partnerships for Paint Adjacencies with globally renowned companies having OEM approvals.

• Collaboration with NGOs for CSR activities.

CSR Initiatives:

• Colourful Communities Initiative: Transforming community spaces or buildings since 2015.

• Rural Health Clinic: Mambakkam initiative by setting up a clinic executed by an NGO, ‘Hand in Hand India’.

• Community College: Fully sponsored by PPG Asian Paints in Mambakkam village administered by ‘Sevalaya’.

• Centralized Water Purification Facility: Collaboration with ‘Hand in Hand’, providing sustainable clean drinking water.