Liquid and powder coatings supplier Axalta acquires Capital Paints LLC

“This is an exciting milestone for Axalta,” said Sobers Sethi, president of emerging markets at Axalta.

Share
Capital Paints will operate as one of three Axalta powder manufacturing facilities in the emerging markets region.
Capital Paints will operate as one of three Axalta powder manufacturing facilities in the emerging markets region.

Liquid and powder coatings supplier Axalta has acquired Capital Paints LLC, a UAE-based thermosetting powder coatings manufacturer.

Capital Paints will operate as one of three Axalta powder manufacturing facilities in the emerging markets region, with the others located in Malaysia and Indonesia.

Related

“This is an exciting milestone for Axalta,” said Sobers Sethi, president of emerging markets at Axalta.

“Having a powder coating manufacturing base in the MENA region creates a significant opportunity for us to bring our  powder coating technologies to our customers in the oil and gas and architectural segments.

READ: Honeywell launches app to crackdown on counterfeit refrigerants in Saudi Arabia

“With our industry-leading products, services and technology in powder coatings, we are well positioned to serve our customers and help them grow their businesses.”

As a global name in the powder coatings market, with leading brands such as Nap-Gard for pipe coatings and Alesta for architectural coatings, Axalta's powder products are widely used in a variety of end applications, including automotive and transportation, architectural applications, oil and gas pipelines, rebar, appliances, general industrial, and many other segments.

For the latest MEP news from the UAE, Gulf, and around the world, follow us on Twitter and LinkedIn.

Most Popular

Sign up for Newsletter

Digital Edition

Read The Edition Here