Asian Paints had sales of $2.3 billion for 2014. Architectural/ decorative comprised 90 percent of sales and industrial and automotive comprised the rest.
Asian Paints has 23 manufacturing facilities worldwide: 13 in Asia, five in the Middle East, two in the South Pacific and three in the Caribbean. Key brands in India include for exterior walls:
Apex, Ace, Apex Ultima, Apex Ultima Protek and Apex Duracast;
interior walls: Royale, Royale Aspira, Royale Play, Tractor, Premium Emulsion, Apcolite and Utsav; metal surface: Utsav, Premium
Enamel and wood: PU, Touchwood and Polyester.
In June 2014, Asian Paints acquired the entire front end sales
business including brands, network and sales infrastructure of ESS
ESS Bathroom Products Pvt Ltd. ESS ESS is a prominent player in
the bath business segment in India and has high quality products in
this segment.
In February 2015, Asian Paints acquired a 51 percent stake in
Kadisco, one of the leading paint companies in Ethiopia. Kadisco is
engaged in the manufacturing and selling of paints, other coatings
and adhesives in Ethiopia. Asian Paints is also in the process of setting up a paint manufacturing facility in Indonesia with a 24,550
MT capacity, subject to necessary regulatory and other approvals.
Asian Paints has recently entered into and signed a Memorandum of Understanding (MoU) with the Government of Andhra
Pradesh to set up a manufacturing facility for paints and intermediates at Pudi Village, Rambilli Mandal, Vishakhapatnam District,
Andhra Pradesh, India.
PUBLIC COMPANY
YEAR ESTABLISHED: 1942
REVENUE: $2.3 billion s (2013: $2.08 billion)
MARKETS SERVED
• Architectural coatings • Industrial coatings •
Automotive coatings
KEY EXECUTIVES
K.B.S. Anand, MD and CEO; Amit Syngle, president
architectural coatings, India; Jalaj Dani, president
international operations; Jayesh Merchant, CFO and
company secretary, president, industrial JVs India.
11Asian Paints Limited Mumbai, India www.asianpaints.com
3M recently published its 2015 Sustainability Report, which outlines the company’s sustainability progress and new goals for the next 10 years.
The report highlights 3M’s new 2025 sustainability goals focused
on addressing significant global sustainability challenges involving
raw materials, water, energy and climate, health and safety, as well
as education and development. The goals reflect 3M’s expanding
sustainability strategy by placing a greater focus on supporting the
environmental goals of its customers and the communities in which
it operates.
“Our 2025 goals reflect 3M’s commitment to improving our
business, our planet and every life,” said Gayle Schueller, 3M vice
president, Global Sustainability. “We believe we can make even
more progress toward reducing these global barriers as we continue
to collaborate with our customers, our communities and others.”
In addition to introducing the new 2025 goals, the report highlights 3M’s progress toward achieving its 2015 sustainability goals.
This year’s report, available at 3M.com/SustainabilityReport, features interactive content and is available on multiple platforms. 3M
has published a sustainability report in alignment with the Global
Reporting Initiative (GRI) framework since 2002.
2015 Sustainability Report Highlights:
• Ethisphere Institute names 3M as a “World’s Most Ethical
Company” for a second consecutive year.
• Selected as a member of the Dow Jones Sustainability Index
for the 15th consecutive year.
• Donated more than $80 million in cash and products in
2014.
PUBLIC COMPANY
YEAR ESTABLISHED: 1902
REVENUE: $2.3 billion (2013: $2.3 billion)
MARKETS SERVED
• Adhesives and sealants • Pipe coatings
KEY EXECUTIVES
Inge G. Thulin, chairman, CEO and president; H.C. Shin,
executive VP, international operations; Michael F. Roman
executive VP industrial business group; Frederick Palensky,
executive VP research and development and CTO; Frank
Little, executive VP safety and graphics business group,
Michael Kelly, executive vice president electronics and
business group.
113M St. Paul, Minnesota/USA www.3M.com
