The acquisition will further boost the company’s position in China and will allow further market segmentation and reinforce its position outside of the premium segment.
Following the launch of their new ULTIMATE Repair System, a range of products designed to speed up processes, while maintaining quality and giving a cost effective solution, FLP Group are now opening the doors to its technical training canter on Wednesday August 2, 2023.
The statement followed the U.S. Senate’s failure to pass H.R. 4470, legislation to reauthorize the Chemical Facility Anti-Terrorism Security (CFATS) program, prior to its expiration date.
The results show consolidated net sales increased 6.3% in the quarter to a record $6.24 billion, and net sales from stores in United States and Canada open more than 12 calendar months increased 9.5% in the quarter, among other key takeaways.
"Overall, we have recorded significant improvement in margins, both sequentially as well as on year‐on‐year basis, aided by strong efforts on driving operational, formulation and sourcing efficiencies and supported by easing inflation in raw material prices,”said Amit Syngle, Managing Director & CEO of Asian Paints Limited.
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