Nuplex Industries

Nuplex Industries Ltd
Public
Traded as NZX: NPX
Industry Manufacturing, chemicals
Founded 1952
Headquarters Sydney, Australia
Areas served
Global
Key people
CEO - Emery Severin,
Chairman - Peter Springford
Owner Public listing company (NZX)
Number of employees
1700+
Website www.nuplex.com

Nuplex Industries Limited is a global manufacturer and distributor of resins used in decorative paints and industrial and performance coatings with operations in Europe, Asia, the Americas, Australia and New Zealand. They are a publicly listed company on the NZX50 index in New Zealand. They were founded in 1952, and were initially a distribution company for flooring products.[1] As of 2015, they employed over 1700 staff across 25 countries.[2] They have a number of manufacturing divisions, including:[3]

Nuplex Industries is headquartered in Sydney, Australia. As at 31 December 2015, Nuplex Industries had a $895m NZD market capitalisation.[4] Its Chairman of the Board of directors is Peter Springford, and its Chief Executive Officer has been Emery Severin since 2010.[5]

Since the global financial crisis, Nuplex has expanded profitably into Europe and Asia with their industrial coatings and paints.[6] They have been described by Research and markets, an independent financial analyst firm as one of the major global players in global resins coating. They opened a new factory in Russia in 2014 to cater to expected long-term growth from that country.[7] Nuplex signalled at its AGM in November 2015 that it expected strong sales for a new fast drying paint that had been in research and development for the previous seven years.[8]

Mid-Sep 2016 Nuplex was brought together with Allnex, from then on operating under the name Allnex.[9]

References

  1. "Nuplex Corporate - History". Nuplex.com. 2015-11-04. Retrieved 2016-01-07.
  2. "Nuplex Corporate - Our Business At A Glance". Nuplex.com. 2015-11-04. Retrieved 2016-01-07.
  3. "Nuplex Corporate - About Us". Nuplex.com. 2015-11-04. Retrieved 2016-01-07.
  4. "NZX Main Board | NPX". Nzx.com. Retrieved 2016-01-02.
  5. "Nuplex Corporate - Board of Directors". Nuplex.com. 2015-11-04. Retrieved 2016-01-07.
  6. "Expansion in Asia pays for Nuplex". M.nzherald.co.nz. Retrieved 2016-01-07.
  7. "Nuplex says new business 'insulates' Russian unit". The National Business Review. Retrieved 2016-01-02.
  8. "Nuplex causes a stir with 'new chemistry' paint component". Stuff.co.nz. Retrieved 2016-01-07.
  9. "Nuplex shareholders OK $1 billion Allnex takeover". 2016-07-07. Retrieved 2016-09-30.

External links

This article is issued from Wikipedia - version of the 11/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.