KANSAI NEROLAC PAINTS LIMITED CONTENTS ABOUT US Kansai Nerolac Paints Limited 06 R&D CENTER AND CAPABILITIES Our Purpose & Our Vision 08 R&D Center 30 Our Swirl 09 Capabilities 33 A Journey of Building Care 10 Awards 13 TECHNOLOGY AND FACILITIES Nerolac Experience Lab 16 Our Manufacturing Footprint 34 Information and Digital Technology 36 OUR BUSINESSES Unique & Innovative products 18 ENVIRONMENT, SOCIETY AND GOVERNANCE Industrial Coatings 20 Environment 39 Auto 22 Society 40 Performance Coatings 24 Governance 43 Our Clients 28 ABOUT US 04 05 KANSAI NEROLAC PAINTS Kansai Paint Co. Ltd., is a Japanese, Osaka-based paint and coatings’ company whose main products are LIMITED automotive, industrial and decorative coatings. The company was founded in 1918. It is one of the world's top eight paint manufacturers with manufacturing sites in over 43 countries and presence in over 66 countries across the world. In 1920, In recent years, the group has been accelerating the pace of globalization and expanding its business GAHAGAN PAINTS AND VARNISH CO. LTD. el in Mumbai. activities throughout the world with multiple M&A and came into being at Lower Par int company – now greenfield initiatives. It is among the top 5 global One hundred years on, this pa ts Ltd. – is one of the automotive paint companies. It has a gross sale of known as Kansai Nerolac Pain n India. It goes without more than 3.9B USD and has market capitalization of leading coatings’ companies i s one of the most trusted 5.01 USD Billion as on 1st January 2020. Kansai Paint saying, Nerolac also stands a Co.Ltd. is also an industry leader in the research and brands in the industry. development of new paint and coatings technologies. Right from the beginning of this century we have actively THE COMPANY HAS MORE THAN 150 partnered with customers to embrace change SUBSIDIARIES AND AFFILIATES ACROSS wholeheartedly. We have brought beauty and durability to THE GLOBE. not just homes but also vehicles, home appliances, furniture and much more. We have made sure to be present in consumers lives in more ways than one. STRENGTHS OF KANSAI PAINT CO. LTD. This era had moments of pride with maintaining the mighty bridges and dams, adding sheen and beauty to GLOBAL TECHNICAL DIVERSITY India’s first modern day car Maruti 800. CAPABILITIES CAPABILITIES Now, it is the era of healthy home paints with low VOC and no heavy metals. Nerolac is 'Colours that Care'. 07 06 OUR OUR PURPOSE VISION Create environments We design solutions for a healthy and that protect, inspire and beautiful future touch lives everyday A century of legacy and glory is what defines us as Kansai Nerolac. Our focus on ‘care’ for our customers has led us to be a technologically superior, socially responsible and an organisation of repute. We’ve made sure to be present in lives of our customers in more ways than one. From connecting people, protecting and maintaining the mighty bridges and dams, adding sheen and beauty to India’s first modern day car, the iconic Maruti Suzuki 800, to ushering in an era of healthy home paints with low VOC and no heavy metals, bringing beauty and durability to not just walls but also vehicles, home appliances, furniture and more, there’s a little bit of Nerolac in everyone’s lives. We look ahead with a renewed zeal to spark positive change among customers with ‘care’ as our core promise. OUR SWIRL Core Values The 'Swirl' is an integral part of our identity and a living manifestation of the care that we offer in an ever-changing world. It encompasses all that we are – innovative, inventive, agile and of course, caring. Integrity Customer Accountability Respect Enterpreneurial Innovation A constant endeavour to create an environment of ‘care’ at all levels Focus Mindset matters the most and we take pride in being ‘Colours that Care’. 08 09 A JOURNEY OF BUILDING CARE Launched, Goody, the smiling Tiger as mascot Commissioning of Jainpur (U.P.) factory Collaboration Kansai Paints, Acquisition Launched, Goody, Acquired with Nihon Collaboration Tie-up with Awarded the of Marpol Acquired by Start of the smiling Tiger Japan acquired First company to Saurashtra Parkerizing, Commissioning with Nihon Oshima Kogyo Pvt. Ltd.Best Managed the pigment as mascot stake of the introduce Eco-friendly Commissioning Lead Industries, Paints & Chanda Japan to form of Jainpur (U.P.) factory Tokushu Toryo and Low VOC products for Heat Resistant Company by factory UK Partner, of Goindwal (Punjab) UK Paints Nipa Chemicals Co. Ltd., Japan Paint Business TodayFactory Collaboration Cookson Kansai Paints, Ltd. Acquired with Nihon Collaboration Tie-up with Awarded the Tie up Start of Japan acquired Launch of Peak Market Acquired by Saurashtra Parkerizing, with Nihon Oshima Kogyo Best Managed with Protech the pigment stake of the Lead Free capitalisation of Lead Industries, Paints & Chanda Japan to form Tokushu Toryo for Heat Resistant Company by Chemicals Ltd., factory UK Partner, Decorative Rs. 33,000 cr UK Paints Nipa Chemicals Co. Ltd., Japan Paint Business Today Canada for Powder Cookson Paints in Dec 2017 Ltd. Coatings 19201920 1933 19331946 19501946 1957 19501968 1970 1957 1976 19681978 19831970 19841976 1985 19781986 1983 1988 199119841992 1985 1993 1996 1998 19861999 19882000 2002 1991 2005 19922006 19932008 2009 19962010 19982011 20121999 2014 20002015 2017 2002 2018 2005 2019 20202006 Drewtreat Amalgamation Name Tata Group Technical Chemical Ltd. Collaboration of GNP (Madras) Changed name to Company’s changed to acquired a part Collaboration A JV with Drew with Valspar for Ltd. and Saurashtra Goodlass Nerolac turnover crossed Goodlass of the foreign with Kansai Chemicals USA Powder Paints with Colours that Care Paints Ltd. Rs. 100 Cr Wall Pvt. Ltd. shareholding Paint Co. Ltd., and GNP was Coatings Drewtreat Goodlass Nerolac Amalgamation Japan set up Technical Chemical Ltd. Paints Ltd. Collaboration Name Tata Group Company’s of GNP (Madras) Changed name to Collaboration A JV with Drew with Valspar for Acquisition of changed to acquired a part Tata Group Nepal Shalimar Ltd. and Saurashtra Goodlass Nerolac Commissioning of turnover crossed Name changed to Commissioning of State-of-the-Art R&D Started as Gahagan with Kansai Chemicals USA divested its Powder Paints Pvt. Ltd. Goodlass of the foreign Lote (Maharashtra) factory Kansai Nerolac Paints Ltd. Hosur (Tamil Nadu) Factory Launched Paints withlab in Vashi, Mumbai Unveiled the Paints & Varnish Paints Ltd. holdingRs. 100 in favour Cr in Nepal Paint Japan and GNP was withCoatings a new logo Soldier Paints commissioned new corporate Co. Ltd. with factory Wall Pvt. Ltd. shareholding of Kansai Paint Goodlass Nerolac identity of at Lower Parel Co. Ltd. set up Co. Ltd., Japan Paints Ltd. Acquired Nerolac-Colours Name changed Public Issues Perma Launch of that Care. to Goodlass of Shares by the Construction Tie up with E.I. Heavy Metal Free Wall (India) Ltd. company Collaboration Aids Pvt. Ltd. DuPont De Decorative Paints Tata Group with Ameron for Tie up with Nemours & Commissioning of Name changed to Started as Gahagan high performance divestedCapital its Maharaja Co. of USA Lote (Maharashtra) factory coatings Tie up with Pvt Ltd., Sri Lanka Kansai Nerolac Paints Ltd. Paints & Varnish Commissioning of holding in favour Company Cashew Co. Ltd., for Lanka with a new logo Co. Ltd. with factory implements Bawal (Haryana) factory Japan of KansaiOperations Paint at Lower Parel SAP ERP across Japan Co. JV with all locations Polygel Name changed Public Issues Ltd., Japan Commissioning Industries Pvt. Ltd. to Goodlass of Share by the of Sayakha to form Nerofix Tie up with E.I. Pvt. Ltd. Wall (India) Ltd. company Collaboration (Gujarat) factory DuPont De with Ameron for Nemours & high performance Co. of USA coatings Company AcquisitionCommissioning of of RAK Paints, implements BangladeshBawal (Haryana) factory SAP ERP across all locations 10 11 AWARDS AWARDS CORPORATE CUSTOMER BRAND MARKETING CSR PRODUCT ENVIRONMENT I.T. MANUFACTURING HUMAN RESOURCE LEADERSHIP REPORTS 8TH ACEF ASIAN LEADERS FORUM KNPL WAS CERTIFIED AS ONE OF AMONG THE TOP 50 CSR REPORT GOLD TROPHY - INSTITUTE OF COMPANY BEST VENDOR AWARD FOR COST TRUSTED BRAND GOLD AWARD - BEST MEDIA INNOVATION - INNOVATIVE PRODUCT/ SERVICE ENVIRONMENT EXCELLENCE ACE AWARDS- SAP ASIAN MANUFACTURING AND AWARDS GOLD AWARD- LOTE, GREENTECH THE GREAT PLACES TO WORK BY CEOS-ENTREPRENEUR MAGAZINE ABCI AWARD SECRETARIES - CORPORATE - TOYOTA READERS DIGEST EMVIES (4 AWARDS) AWARD- GOLDEN PEACOCK EXCELLENCE AWARD- FROST & ENVIRONMENT EXCELLENCE SULLIVAN GPTW IN YEAR GOVERNANCE SILVER TROPHY FOR 'NEROLAC SAP AWARDS- INDUS KARMAYOG - RATING 4/5 BEST SUPPLIER AWARD- TOYOTA PRODUCT OF THE YEAR AWARD- BRONZE AT CANNES PRAGATI EXPRESS' CAMPAIGN IN MOST PROACTIVE CERTIFICATE OF MERIT- LOTE- BEST CEO IN CHEMICALS GOLDEN PEACOCK- WORLD'S, LARGEST THE 'EXCELLENCE IN CSR - CONTRIBUTION THROUGH NEW NATIONAL ENERGY (ZERO ACCIDENT FREQUENCY ) CATEGORY- BUSINESS TODAY ASSOCIATIONS OF BUSINESS CORPORATE GOVERNANCE INDEPENDENT SURVEY SILVER TROPHY BEST AD - AAAI SOCIAL IMPACT AWARDS' DEVELOPMENT IN POWDER- CONSERVATION (JAINPUR)- BEST APO IMPLEMENTATION- BY NATIONAL SAFETY COUNCIL, COMMUNICATIONS OF INDIA - BEST VENDOR AWARD- CATEGORY GODREJ MINISTRY OF POWER GOI PC QUEST MAHARASHTRA (3 YEARS) GOLD BEST MANAGED COMPANY- MARUTI SUZUKI THE ECONOMIC TIMES DESIGN AWARD FOR AMBIENT ASIA PACIFIC ENTREPRENEURSHIP BUSINESS TODAY RECOGNIZED KANSAI NEROLAC MEDIA CATEGORY- KYOORIOUS MOST INNOVATIVE PRODUCT OF ENVIRONMENT MANAGEMENT GOLD CIO OF THE YEAR - DATA AWARD IN CHEMICAL AND PLASTIC BEST SUPPLIER AWARD-HMSI PAINTS AS ONE OF THE BEST DESIGN AWARD THE YEAR AWARD NEROLAC AWARD- GOLDEN PEACOCK QUEST MAGAZINE SAFETY SYSTEM EXCELLENCE - ENTERPRISE ASIA BRANDS IMPRESSIONS HD CONSUMER AWARD- FICCI KNPL RECEIVED THE “BEST BEST CMO- PITCH CMOS SUMMIT SURVEY OF PRODUCT BEST CTO IN MANUFACTURING- MR. H. M. BHARUKA WAS AWARDED SUPPLIER” AWARD FROM HONDA KANSAI NEROLAC PAINTS NAMED INNOVATION-NIELSEN CTO FORUM WITH THE PRESTIGIOUS ICC D.M.