Paint manufacturers, Coatings Group ink pact on industry growth

Following projections that the paint, wallpaper, and supplies market in Nigeria will experience a 4.01 per cent growth rate in the next years, Coatings Group and Paint Manufacturers Association of Nigeria have signed a Memorandum of Understanding, to host the inaugural edition of the West Africa Coatings Show.

The show, according to its organisers, would increase exhibitor participation across West Africa and expose paint manufacturers in Nigeria to better and latest raw materials, equipment, and technology.

Addressing newsmen in Lagos, the Portfolio Director of Coatings for Africa, Paddy O’Neill, said it would also help them to network with individual and corporate organisations in West Africa to take advantage of the African continental free trade zone area and produce products that meet international standards.

O’Neill said, “West Africa Coating Show will create a unique, comprehensive environment where all involved in the coatings industry, from raw materials suppliers to technical specialists like chemists and formulators, can engage, explore new opportunities, and drive business forward.

“This will be the event for the region where innovation meets collaboration and ensures long-lasting growth for all attendees. The West Africa Coatings will be held alongside the event, and will provide the perfect opportunity for attendees to gain insights into the latest industry products, innovations, and trends, exchange ideas with industry leaders, and build a strong network in the industry.”

On his part, the Chairman of PMAN, Abimbolu Babatunde, said the PMA Coatings Show was one of the activities of the association aimed at exposing members to new paint raw materials, and development in paint and coating manufacturing.

He said, “Since its first edition, subsequent editions of the event were held in 2008, 2013, 2015, 2017, 2019, and 2022, each edition being an improvement over the previous edition.

“The plan to hold a West Africa Coatings Show had been in the pipeline before DMG Events approached us earlier in the year to discuss the possibility of partnering with us to hold a West Africa Coatings Show in 2025. We felt that it would be worthwhile to give it a shot hence, the signing of the MoU.”