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2015

PPG Asian Paints launches first waterborne automotive refinish paint in Sri Lanka


COLOMBO, Sri Lanka, Dec. 18, 2015 – PPG Asian Paints Lanka Ltd. announced today the launch in Sri Lanka of ENVIROBASE™ High Performance (HP) automotive refinish paints – the first eco-friendly waterborne automotive paints introduced in Sri Lanka for use by the refinishing industry. Prestige Automobiles (Pvt) Ltd. is the first PPG Asian Paints customer in Sri Lanka to convert to using the waterborne products in its operation.

With low volatile organic compound (VOC) levels that comply with increasingly strict limits in many countries, waterborne coatings now protect and beautify most new vehicles produced around the world. The Envirobase HP line is the leading premium waterborne basecoat refinishing system globally, according to Biju Ramachandran Nair, country manager for PPG Asian Paints, and introducing these paints in Sri Lanka will enable local refinishers to use the latest technology that is approved by most of the world’s leading automotive brands.

“Water-based coatings contain less hazardous content than do traditional paint products, providing better air quality for users, and easy and safe storage and disposal,” Nair said. “Along with these benefits, Envirobase HP coatings also offer industry-leading colour-match accuracy and are easy to apply, ensuring consistent colour delivery from mix to mix and across vehicle panels.”

Nair added that the excellent coverage of the Envirobase HP system requires painters to use less quantity of the product to achieve a high-quality finish. “So along with being a healthier option, the fast throughput with this system offers shops an additional benefit,” Nair said.

“Through a close working relationship with our paint supplier, we have upgraded and modified our equipment to use this new water-based paint process,” said Volker Arnkens, director - after sales, Prestige Automobiles (Pvt) Ltd. “On-the-job training by dedicated instructors from overseas will help to ensure that the skills of our employees will fulfil our customers' high requirements. And by introducing water-based paint in the body/paint repair process for the first time in Sri Lanka, we will contribute towards keeping the environment clean and green for future generations.”

PPG Asian Paints is a joint venture of PPG Industries, the U.S.-based leading global paint company, and Asian Paints, a leading manufacturer and supplier of coatings in Asia.


About Asian Paints
Asian Paints is India’s leading paint company and ranked among the top 10 decorative coatings companies in the world with a consolidated turnover of $2.3 billion. Asian Paints along with its subsidiaries have operations in 19 countries spanning across Asia, the Middle East, Africa, Caribbean and the South Pacific Islands. The group has an has an enviable reputation in the corporate world for professionalism, fast-track growth and building shareholder equity, and it services consumers in over 65 countries through Berger International, SCIB Paints, Asian Paints, Apco Coatings, Taubmans and Kadisco.

PPG: BRINGING INNOVATION TO THE SURFACE.
PPG Industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and colour, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.

Bringing innovation to the surface and Envirobase are trademarks of PPG Industries Ohio, Inc.


Media:
Biju Ramachandran Nair
PPG Asian Paints Lanka (Private) Ltd.
+94 117519560
biju.snair@ppgasianpaints.com

Arun Nair
Asian Paints Limited – Corporate Communications
+91-22-39818387
proffice@asianpaints.com 

Mark Silvey
PPG Industries – Corporate Communications
+1-412-434-3046
silvey@ppg.com