Category Archives: Business

Nippon Paint China’s Project Coating Division has posted sales of RMB 3.5 billion

Despite its small market share a decade ago, Nippon Paint China’s Project Coating Division has posted sales of RMB 3.5 billion, increasing by 20 times. It has become China’s largest project coatings brand. Yin Xiangzhe, General Manager of the business unit of Nippon Paint China’s Project Coating Division, said large demands for project coatings are […]

The 8th China Finance Summit (CFS) was held in Beijing in July

The 8th China Finance Summit (CFS) was held in Beijing in July. Nippon Paint obtained an award for excellent brand image for the fourth consecutive year for its continuous brand influence and innovative business modes. Eric Chung, president of Nippon Paint (China), was honored as 2019 influential figure in the industry. Click Here to view […]

Nippon Paint has set up factories in Chengdu, Qionglai and Kunming

Nippon Paint has set up factories in Chengdu, Qionglai and Kunming, western cities of paint market, aiming to build up the most advanced and environmentally-friendly paint factories of innovation in southwestern regions. With clear ambition in leading in western paint market and dedication to China’s paint market, Nippon Paint is evidently determined to keep its […]

Japan’s Nippon Paint finalizes Turkish Betek’s acquisition for $247 million

This file photo dated April 28, 2012 shows a Betek factory in Turkey’s northwestern Kocaeli province. (Photo: Sabah) Japan-based Nippon Paint Holdings finalized the acquisition of Turkish paint manufacturer Betek Boya, known for its brand Filli Boya, and its subsidiaries for 1.4 billion Turkish liras ($247 million), the company said Thursday. The two companies had […]

Nippon Paint draws a rosy future

Nipsea Group, the largest paints and coatings manufacturer in Asia by sales revenue. [Photo provided to chinadaily.com.cn] Manufacturer to establish plant in western China to maintain growth momentum Nipsea Group, the largest paints and coatings manufacturer in Asia by sales revenue, will set up a new plant in western China and automate production at most […]