IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Sherwin-Williams Enters Indian Paint Market

1:44 PM MDT | April 18, 2007 | Kerri Walsh

Sherwin-Williams (SW) says it has acquired privately held Nitco Paints (Mumbai), a maker and distributor of specialty paints and coatings primarily in western India. Financial terms of the deal were not disclosed. The deal marks SW’s entry into the Indian paints and coatings sector, the company says. Nitco has sales of Rs800 million/year ($18 million). It produces exterior specialty paints and coatings used on office buildings, high rise apartments, shopping malls, and hospitals. The acquisition is a “positive step” in SW’s expansion...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa