Asian Paints had sales of $2.3 billion for 2015. Architectural/ decorative coatings comprised 90 percent of sales and in- dustrial and automotive coatings comprised the rest.
Asian Paints is one of the leading paint companies in India.
Along with its subsidiaries, it has operations in 19 countries with
26 paint manufacturing facilities, serving consumers in more than
65 countries.
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.
PPG Asian Paints Lanka Ltd., a joint venture between PPG and Asian
Paints recently launched ENVIROBASE High Performance (HP) automotive refinish paints in Sri Lanka. It is the first eco-friendly waterborne
automotive paint introduced in Sri Lanka for use by the refinishing industry. Prestige Automobiles (Pvt) Ltd. is the first PPG Asian Paints customer
in Sri Lanka to convert to using the waterborne products in its operation.
The Envirobase HP line is the leading premium waterborne
basecoat refinishing system globally, according to Biju Ramachan-dran Nair, country manager for PPG Asian Paints He said introducing the Envirobase line in Sri Lanka will enable local refinishers to
use the latest technology that is approved by most of the world’s
leading automotive brands.
PUBLIC COMPANY
YEAR ESTABLISHED: 1942
REVENUE: $2.3 billion ts (2014: $2.3 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.
14Asian Paints Limited Mumbai, India www.asianpaints.com
3M Company is an American multinational conglomerate corporation. 3M employs 88,000 people worldwide and produces more than 55,000 products, including: adhesives,
abrasives, laminates and passive fire protection. 3M has operations
in more than 65 countries including 29 international companies
with manufacturing operations and 35 companies with laboratories. 3M products are available for purchase through distributors
and retailers in more than 200 countries, and online directly from
the company.
3M and the Minnesota Vikings have just announced a 10-year
agreement naming 3M the Official Science Partner of the team. The
stadium builders and architects used more than 50 3M products,
including graphic films and architectural finishes, throughout the
stadium.
One of the cool science-based 3M products – Ethylene Tetrafluoroethylene polymer (ETFE) – is extruded to a clear, lightweight
film used on the roof panels. It lends the stadium the best of both
worlds – protecting players and fans from the elements while letting
in sunlight for an open-air feel. It has only a fraction of the weight
of glass, is flexible, and has non-stick properties that encourage the
snow to slide right off, especially helpful in Minnesota.
The stadium’s 248,000 square-foot roof is covered by 75 three-layer ETFE film cushions, making it the first – and largest – stadium in the U.S. to use a ETFE roof. The film is designed with a
geometric print pattern which scatters the sunlight and prevents
a greenhouse effect in summer, but protects fans from frigid temperatures in the winter. It is also only approximately five percent
of the weight of glass.
PUBLIC COMPANY
YEAR ESTABLISHED: 1902
REVENUE: $2.4 billion s (2014: $2.3 billion)
MARKETS SERVED
• Adhesives and sealants • Pipe coatings
KEY EXECUTIVES
Inge G. Thulin, chairman, CEO and president; Julie
Bushman, senior VP, business transformation and
information technology; Nicolas Gangestad, senior VP and
CFO; Paul Keel, senior VP supply chain; Ashish Khandpur,
senior VP, R&D and CTO Jon Kindekugel, senior VP,
business development and marketing sales.
133M St. Paul, Minnesota/USA www.3M.com
