PETALING JAYA:&nbsp;Nippon Paint Malaysia is collaborating with Petronas Technology Ventures Sdn Bhd (PTVSB) to expand its protective coatings offerings to oil &amp; gas (O&amp;G) industry use.

Group managing director Yaw Seng Heng said the new product Nippon Paint 9049 GR is infused with Petronas’ graphene-based additive ProShield+ to offer superior corrosion protection.

The product will be launched under a new technology called GrapheneTec+, which anchors on the additive’s ultra-high barrier properties proven to strengthen coating’s corrosion resistance against harsh weather conditions, doubling the average coated steel lifespan to up to 16 years.

Yaw said this collaboration will not only widen Nippon Paint’s presence in the coating industry but also strengthen its position as a Total Coating &amp; Construction Solutions as Nippon Paint continues to widen its business horizons.

“We would like to thank Petronas for choosing to collaborate with us in making GraphaneTec+ protective coating product a success and we are more than happy to strengthen this collaboration by making this product available not only in Malaysia but also across the globe, moving forward,” he said.

In addition, Yaw said that this new market segment embarkation is in line with its target to increase Nippon Paint Malaysia’s market share in business-to-business segments to 42% this year and 60% by 2025 despite ongoing global and domestic market challenges.

Petronas vice-president of group technology &amp; commercialisation, Aadrin Azly said the collaboration marked another significant step in both companies’ sustainability pursuits.

“We are excited to work with Nippon Paint Malaysia in expanding the adoption of ProShield+, Petronas’ breakthrough graphene-based technology that addresses pain points stemming from corrosion and empowers businesses in their endeavours to reduce their carbon footprint. We believe this will encourage more businesses and industries to be on board the collective journey towards Net Zero Carbon Emissions by 2050,“ he said.

<h1>Nippon Paint partners Petronas to expand protective coating offerings</h1>PETALING JAYA:&nbsp;Nippon Paint Malaysia is collaborating with Petronas Technology Ventures Sdn Bhd (PTVSB) to expand its protective coatings offerings to oil &amp; gas (O&amp;G) industry use.Group managing director Yaw Seng Heng said the new product Nippon Paint 9049 GR is infused with Petronas’ graphene-based additive ProShield+ to offer superior corrosion protection.The product will be launched under a new technology called GrapheneTec+, which anchors on the additive’s ultra-high barrier properties proven to strengthen coating’s corrosion resistance against harsh weather conditions, doubling the average coated steel lifespan to up to 16 years.Yaw said this collaboration will not only widen Nippon Paint’s presence in the coating industry but also strengthen its position as a Total Coating &amp; Construction Solutions as Nippon Paint continues to widen its business horizons.“We would like to thank Petronas for choosing to collaborate with us in making GraphaneTec+ protective coating product a success and we are more than happy to strengthen this collaboration by making this product available not only in Malaysia but also across the globe, moving forward,” he said.In addition, Yaw said that this new market segment embarkation is in line with its target to increase Nippon Paint Malaysia’s market share in business-to-business segments to 42% this year and 60% by 2025 despite ongoing global and domestic market challenges.Petronas vice-president of group technology &amp; commercialisation, Aadrin Azly said the collaboration marked another significant step in both companies’ sustainability pursuits.“We are excited to work with Nippon Paint Malaysia in expanding the adoption of ProShield+, Petronas’ breakthrough graphene-based technology that addresses pain points stemming from corrosion and empowers businesses in their endeavours to reduce their carbon footprint. We believe this will encourage more businesses and industries to be on board the collective journey towards Net Zero Carbon Emissions by 2050,“ he said.Established in 1967, Nippon Paint (M) Sdn. Bhd. (NPM) is a market leader in the coatings industry and the No. 1 paint brand in Malaysia and Asia. The company places strong emphasis on Research & Development to be the coatings expert in various segments such as architectural, automotive, industrial, protective, marine, waterproofing and flooring.

Inspired by their customers, NPM saw the launch of their painting tools range in 2017 to offer quality and beautiful finish solutions. As the company grew, it acquired ownership of Selleys in May 2020 and expanded into the home improvement segment for Sealants, Adhesives and Fillers (SAF). In April 2021, NPM acquired a majority stake in Vital Technical Sdn. Bhd. (V-Tech) to further strengthen its market leadership in the home and industrial improvement solutions industry.

As part of NPM's expansion initiatives, NPM acquired CMI Construction Material Industry Sdn. Bhd. (CMI) and CMI Marketing Sdn. Bhd. (CMIM) in February 2022 to diversify its product portfolio in cementitious dry-mixed pre-packed additives, skim coat, plasters, tile adhesives, waterproofing and technical mortars. The acquisition has further strengthened NPM's positioning as a Total Coatings and Construction Solutions (TCCS) provider, providing compatible solutions from the floor up to the roof and everything in between.

NPM has won several awards such as the Reader’s Digest Trusted Brand Awards (2006 – 2021), Putra Brand Awards (2010 – 2021), and Parents’ Choice Awards 2019. It has also received industry accolades like Appies 2018 Gold Award, Best Company for Leadership in Paint Technology Asia by IAIR in 2014, Frost & Sullivan’s Paint & Coatings Company of the year in 2011, the Paint Company of the Year in 2016 and the New Product Innovation Leadership Award 2016. The Group has also received the Green Label Certification, Eco Labelling Certification License and several Green Excellence Awards by Frost & Sullivan in its concerted efforts to champion sustainability towards a greener footprint.NIPPON PAINT (M) SDN. BHD. (196701000578)
Lot I-17, Taman Perindustrian Subang Utama, Jalan SU4, 40300 Shah Alam, Malaysia.

Customer Careline: 1-800-88-2663
Email: customercare@nipponpaint.com.my

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