The Paint And Coating Maker Is Expanding Its Portfolio By Launching ‘Wood Art By Nippon Paint’. As Part Of The Strategic Alliance With Italian Wood Coating Manufacturer IVM Chemicals, The Company Will Promote Wood Coatings In India.
Chennai-based manufacturer of high quality paints and coatings for automotive refinish, industrial and decorative sectors, Nippon Paint is brining a unique and exquisite range of wood coatings to India. The company has forged an alliance with Italy’s IVM Chemicals and set up a new Wood Art division. Under this division, this partnership will promote and market Nippon Paint’s existing wood coating products based on Japanese technology, as well as IVM Chemicals’ leading international brands Milesi, Ilva and Croma Lacke.
While speaking at the New Delhi launch of this division and the strategic alliance, Wee Siew Kim, CEO of NIPSEA Group – the promoter of Nippon Paint (India) – said, “Our aim has always been to delight our customers with a wide variety of quality products. Wood Art by Nippon Paint is a unique offering of wood coating solutions that is both art and science. Together with our renowned Italian partner IVM, the two stakeholders aspire to transform the wood coating industry in India with their unique program.”
Roberto Ravano, IVM’s CEO for Asia, said, “We are delighted to partner with Nippon Paint, which is Asia’s leading player in the paint market. We have plans to work closely with Nippon Paint to develop our brands and enhance customer experience, while educating applicators and industrial users on products and applications. We are confident that our partnership will give us an amazing platform
and unique advantage of reaching out to business prospects across the country.”
Sharad Malhotra, president, Nippon Paint (India) for wood coating & automotive refinish, commented, “We are bringing to India exciting wood coating possibilities through our diversified colour portfolio, unique tinting solutions, supporting products like aerosols, putties and polishes, non paint ancillaries such as masking papers and tapes, abrasives and sanding tools as well as niche products like special effects and more. This truly adds brilliance to the spectacular world of Wood Art, making it the most extensive, compelling and complete offering ever in the wood finishing market.”
Malhotra shared that the wood coating segment is a `2,500-3,000 crore market in India and has large potential. “Wood, like most substrates, requires paint for both functional and aesthetic reasons. Applying paint on different types of woods to bring out its different characteristics is an art, with the reward of creating beautiful woodwork that lasts and is pleasing to the eyes. That’s where the Wood Art by Nippon Paint comes in. We believe that we can provide you the paints that can help you create the desired finishes, transforming your wood into ornaments of beauty in your surroundings.”
Talking about the product ranges, he said, “The impressive array of transparent and opaque wood finishes brought forward by this alliance range from traditional coatings like NC and melamine to advanced products such as polyester (lamination), polyurethane (PU) and water based products.”
On the distribution network Malhotra informed, “The Nippon Paint Wood Art division is comprehensively backed by a strong community of paint dealers who will ensure network coverage across the nation and across different customer segments. Working alongside the dealers is the well-resourced Nippon Paint relationship and service team comprising sales and service professionals as well as category experts to support industrial applications, painting contractors, project management as well as architect and designer consulting.”
Further, the company has plans for setting up two experience centres for wood coatings, one each in Mumbai and Delhi. “We are beginning with west and north. We have 24 depots operational. We are setting up the experience centre cum service centre in Mumbai by this Diwali and will set another up in Delhi later. These centres will support sampling, colour tinting, training and other techno commercial services to clients.” The company has plans to open such experience centres across the country later on.
“To complete the experience, value added services will be extended on mobile apps as well as the company website to offer convenience and comfort to community partners as well as customers.