HOUSTON – International® Paint will invest $10.3 million to build a new testing laboratory for fire-protection products at its manufacturing site at Felling, UK.
“This new facility will significantly improve our ability to satisfy our customers’ current and future fire-protection requirements,” said Dipak Mistry, Technical Manager for International Paint’s Protective Coatings business. “The new laboratory will form part of a state-of-the-art Center of Excellence for Fire Protection. Our intention is to bring new products to the market faster and drive the improvement of fire protection in the industry. To achieve this, we will be looking to recruit additional highly talented individuals to the existing development team.”
According to forecasts, the demand for fire-protection materials is expected to double by 2018, mainly due to increasingly stringent fire-protection regulations worldwide. With technical expertise acquired through over 100 years of operation, International Paint is one of the industry’s leading suppliers in this market.