Nerolac inks deal with Kansai.
According to an online report from Business Standard, Nerolac will hold 55% of the JV, which will acquire the paint business of Sime Coatings Sdn Bhd, a Malaysian firm.
Sime Coatings, part of the NOVA Paint Club, is the largest manufacturer of automotive OEM coatings in Malaysia. It also makes paint for automotive plastics, coil coatings, protective coatings, vehicle refinishes, container and general industrial coatings.
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|Title Annotation:||Goodlass Nerolac; Kansai Paint Company Ltd.|
|Article Type:||Brief Article|
|Date:||Nov 1, 2005|
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