Friday, October 26, 2012

Bina Integrated Industries Eyes Expansion

KUALA LUMPUR, Oct 25 (Bernama) -- Bumiputera firm Bina Integrated Industries Sdn Bhd, maker of Bina Paint, is eyeing more more projects painting buildings on the back of growing demand from the construction industry.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=704719
Published: October 26, 2012

Managing Director Rosli Adam told Bernama his company has allocated RM5 million in paid-up capital in 2013 to expand its paint line-up to 14 types from the current eight.

"We also aim to enhance our company's image by improving the quality of our packaging and brand," he said, adding it has set aside RM500,000 for advertising and promotions besides allocating two per cent of annual sales to research and development.

"Our products are on par with international products as they use green technology and are environmentally-friendly, having low volatile organic compound content and SIRIM's Eco-Labelling Certification Licence.

"Our paints are also cheaper than other brands besides having a five-year warranty," he said, adding the company plans to raise production capacity five-fold from the current 230,000 litres a month," he said.

He expressed confidence in achieving next year's sales target of RM5 million from RM1.2 million currently, saying the company has won contracts worth RM2 million for painting government buildings.

Rosli said buildings in Kuala Lumpur which use Bina Paint include the Works Ministry headquarters, City Hall housing projects and Universiti Teknologi Malaysia student residential halls in Jalan Semarak.

The company will also place 100 tinting machines in its hardware shops to make it easier for customers to make their choice.

Bina Paint is already marketed in India and Sri Lanka, and the company plans to expand to the Middle East and Africa.

Established in 1990, Bina Integrated Industries began producing its own paints in 2005 after several years of research in cooperation with local universities. With headquarters in Seri Kembangan and a factory in Bandar Baru Bangi, Selangor, it has some 140 workers at 11 branches nationwide.

-- BERNAMA
 

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