Société Laurentide Inc. - Market Research Report

Company Overview

• Name: Société Laurentide Inc.

• Mission: Société Laurentide emphasizes sustainable practices and innovative solutions in the paint manufacturing industry.

• Founded: 1950 (The data mentions the company being "Maîtres en peintures depuis 1950").

• Founder: No information is available.

• Key People: André Buisson (President and CEO), Félix Buisson (Involved in leadership, details unspecified).

• Headquarters: 4660, boulevard de Shawinigan-Sud, Shawinigan, Québec G9N 6T5, Canada.

• Number of Employees: More than 200 employees.

• Revenue: No information is available.

• What the Company is Known For: Société Laurentide is known for its solvent-free and eco-friendly water-based paints and being a leader in post-consumer and architectural paint recycling and production.

Products

• Product Lines:

• Peintures Architecturales

• Peintures Manufacturières

• Peintures pour Exportation

• Peinture Laurentide:

• Description: Specializes in the production of solvent-free and ecological water-based paints for exterior coatings and finishing components aimed at manufacturing companies.

• Key Features: The company is a leader in producing 100% responsible post-consumer and 100% acrylic architectural paints.

• Laurentide Environnement Division:

• Services:

• Recycled Paint: Continuation of efforts towards eco-responsible practices.

• Waste Management: Collection and sorting of batteries, compact fluorescent lamps, used oils, and other hazardous household waste for recycling and disposal.

• Notable Brands:

• Boomerang: A 100% eco-responsible paint brand.

• SPLENDI: Private label paint for BMR.

• YÙMD and MIX & MatchMD: National manufacturing brands.

Recent Developments

• Sustainability Recognition:

• 2022: Awarded "Leader in Sustainable Development" for battery recycling by Appel à Recycler Canada - reflecting their ongoing commitment to environmental sustainability since 2012.

• New Product Innovations:

• May 2022: Developed 100% eco-responsible anti-corrosion paint for metal using recycled materials.

• March 2022: Introduced a new paint sample machine which was recognized as "Innovative Product of the Year" by the Quebec Association of Hardware and Building Materials in a show of commitment to environmentally conscious and economical paint sampling.

• Divisional Reorganisation:

• September 2022: Laurentide Re/sources division rebranded to Laurentide Environnement, focusing on the environmentally responsible handling and treatment of post-consumer paint, batteries, and other waste materials.

• Community Engagement:

• May 2022: Provided free tree seedlings to employees to celebrate Arbor Month, aiming to create a greener environment.

• September 2022: Partnered with SANA Shawinigan and BMR Pierre Naud to donate Boomerang paint for new immigrants' homes, supporting cultural integration and community participation.

• Continued Partnerships:

• March 2022: Renewed participation as a major partner in the Energy Ride for the 9th consecutive year, underscoring their commitment to CSR aligned with corporate values.

Conclusion

Société Laurentide Inc. stands as a paragon of sustainability and innovation in the paint manufacturing industry. With a keen focus on environmentally responsible practices and a robust portfolio of eco-friendly products, the company exemplifies leadership in both product innovation and community engagement.