IRAN: GROWTH SEEN IN COATINGS DEMAND

Article Abstract:

According to government plans, Iran's per capita consumption of paints and varnishes should reach 7 kg by year 2005, up from 2 kg in 1995/96, when total consumption amounted to about 120,000 tonnes. The 7 kg per capita figure would corresponds to a total consumption of 500,000 tonnes. There are estimated to be 400-600 paint and varnish producers in Iran, of which no more than 20-30 are large or medium-sized manufacturers. The industry's combined production capacity is about 400,000 tpy, while production is considerably lower. The government's aim is 100% self-sufficiency in paints and varnishes. The country's import demand for paint raw materials is estimated at US$ 100mn annually. Iranian producers are interested in cooperation with foreign partners in order to gain knowhow. Sahar Co, which has an annual capacity of 13,000-14,000 tonnes, wants to increase production under foreign licences. The Iran-German Paint Ind. Co, a joint venture, is to start production soon with an annual capacity of 9,000 tonnes of industrial coatings.

Strategy & planning, Paints & Allied Products, Paint and Coating Manufacturing, Iran, Coatings, Paints, Sahar Co.

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CZECHIA: PIGMENT INVESTMENTS BY PRECHEZA

Article Abstract:

Precheza of the Czech Republic is to increase titanium dioxide production capacity from 28,000 tpy to 35,000 tpy and build an iron oxide pigment factory. The company's investment plans of US$ 35.8mn, to which the International Finance Corporation is contributing US$ 8mn, include also spending on infrastructure and a management information system.

Production data, Capital expenditures, Czech Republic, Inorganic Dye and Pigment Manufacturing, Titanium Pigments, Precheza

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