Nippon Paint aims to bridge demand gap in industry with technology - MIDA | Malaysian Investment Development Authority
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Nippon Paint aims to bridge demand gap in industry with technology

Nippon Paint aims to bridge demand gap in industry with technology

04 May 2023

ippon Paint Malaysia Sdn Bhd through its total coating and construction solutions (TCCS) is committed to assisting contractors to deal with challenges such as supply chain disruption, rising raw material prices and volatile market conditions.

“Via TCCS, developers and contractors will not need to deal with multiple stakeholders for any surface or finishing issues. It gives them peace of mind as they do not have to worry about the extra cost they need to incur,” general manager Tay Sze Tuck said.

To recap, as part of its expansion initiatives, Nippon Paint Malaysia acquired CMI Construction Material Industry Sdn Bhd and CMI Marketing Sdn Bhd in February 2022 to diversify its product portfolio in cementitious dry-mixed pre-packed additives, skim coats, plasters, tile adhesives, waterproofing and technical mortars.

The acquisition has further strengthened Nippon Paint Malaysia’s positioning as a TCCS provider, providing compatible solutions from the floor up to the roof and everything in between, he told Bernama in an interview.

Tay said that embracing technology is vital for the construction industry, adding that the industrialised building system (IBS) is one of the many technologies that will benefit from it in the long run.

“Construction sectors should start adopting various technologies such as IBS which provides numerous benefits such as reduced project costs, improved productivity, and labour intensity,” he said.

Tay said the introduction of TCCS has also enabled Nippon Paint to expand from a paint company to a solutions provider.

The company will also venture into the oil and gas coating segment and aims to widen its market share to 42 per cent in 2023 and 60 per cent by 2025.

On a lighter note, as part of the company’s vision to empower young talents, Nippon Paint will continue to anchor the Asia Young Designer Awards (AYDA), which is aimed to nurture the next generation of Architectural and Interior Design talents.

Its marketing assistant general manager Datin Wong Meng Lee said the programme was launched in 2008 as a platform to inspire students of these disciplines to develop their skills through cross-learning opportunities and networking with key industry players and fellow peers in the region.

“Since then, AYDA has grown in terms of reach and stature, and has now established itself as one of Asia’s premier design awards, having received over 41,000 entries from over 1,200 tertiary education institutions to date across 17 geographical locations globally,” she said.

Through AYDA, Malaysians Dayana Aripin and Evva Lim Yee Fah who won the Asia Young Designers of the Year 2020 were sent to Harvard University’s Graduate School of Design in Massachusetts, United States in 2022 for a six-week programme fully sponsored by Nippon Paint.

“We wish to see more successful architects and interior designers born from our programme as AYDA is not only an educational platform but will also be a stepping stone in kickstarting their career,” she added. 

Source: Bernama