Kansai Nerolac Paints (Bangladesh)

Kansai Nerolac Paints (Bangladesh) Limited is a subsidiary of Kansai Paint Japan. Kansai Paint is the 8th largest paint manufacturer company in the world having operation in 80 countries in Asia, Europe, America and Africa. Kansai Nerolac Paints Ltd is the second largest coating company in India and market leader in Industrial Coatings. Its Industrial Coatings it has a wide range of products in the Automotive, Powder, General Industrial and High performance Coatings space. Nerolac Paints, as it is popularly known, is an established brand in decorative paints. Kansai Nerolac Paints Ltd is a subsidiary of Japan based Kansai Paint Company Limited, which is one of the top ten coating companies in the world. The technological edge of Kansai helps them constantly innovate and come up with products that meet consumer need gaps. Kansai Nerolac has always believed that the key to its business is: • Technology • Research & Development • Innovations • Quality History of Nerolac: • 1920: Started as Gahagan Paints and Varnish Co. Ltd • 1957: Changed name to Goodlass Nerolac Paints Ltd • 1976: Became Part of TATA group • 1986: Acquisition of stake by Kansai Paints, Japan • 2000: Became subsidiary of Kansai Paints, Japan • 2012: Acquisition in Nepal • 2016: Change of name to Kansai Nerolac Paints Ltd • 2017: Beginning of operations in Sri Lanka • 2018: Acquisition of Major Stake of RAK Paints Operations in Bangladesh: Kansai Nerolac Paints already started its operation in Bangladesh under the umbrella of RAK Paints Ltd. Kansai Nerolac Paints Ltd has acquired majority stake in RAK Paints Ltd. We have already applied for name registration as Kansai Nerolac Paints (Bangladesh) Limited and within few months we will run our business in the name of Kansai Nerolac Paints (Bangladesh) Limited. Initially we have started producing 7 decorative products in RAK Paints factory, within few months we are planning to launch Powder coating & Auto coat in Bangladesh.