Financial Express reported that Nippon Paint and Jalalabad Steel Limited officially signed a partnership agreement to form Nippon Paint (Bangladesh) Pvt Ltd.

Headquartered in Japan, the 131 year old global paint player enjoys a reputation for innovation and manufacturing functional, environment friendly and aesthetically superior products.

Mr Yaw Seng Heng MD of Nippon Paint (Bangladesh-Private) Limited said that "Today marks the beginning of a new era in Bangladesh's paint industry. We are delighted to be partnering with Jalalabad Steel Limited as they have very strong reputation in the construction industry. This will definitely help to propel Nippon Paint to grow in the Bangladesh market. "

Mr Delwar Hossain MD of Jalalabad Steel Ltd said that "From today onward, history of Bangladesh's paint industry would be revolutionized as one of the forerunners of paint industry landed its foot in the country. It has been a great honour and privilege for JaIalabad steel to be a partner in this venture. We believe Bangladesh's paint industry would be immensely benefitted as Nippon paint would bring out their century old experience and distinctive technology to a great effect. We will present international standard products before the people of Bangladesh to cater their ever changing tastes."

Nippon Paint is the largest paint manufacturer in Asia and a leading name in paint worldwide. It is number one in Japan, China, Indonesia, Singapore and Malaysia; and a key player in Thailand, Vietnam, Taiwan, Korea, Hong Kong, The Philippines and India. Throughout these countries, Nippon Paint is known for its dedication to high quality, innovative products and excellent customer service.

Source - Financial Express

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