Decorative Paints Asia
The winners of our seventh China Student Sustainability Awards were announced in November 2018. The annual event recognizes excellent contributions made by university students to local communities and society at large. In total, 309 entries were submitted by 297 student societies from 130 universities across 55 cities.
- Revenue and volumes were lower in China and North Asia, with strong cost control unable to offset the impact of the slowdown in China’s paints market
- South East and South Asia continued to increase revenue, despite the challenging political and economic landscape. Most markets performed well, although Indonesia was impacted by a change of distributor
- Acquired the minority interest share to obtain full ownership of the AkzoNobel Swire Paints joint venture in China. We now have greater control and are well positioned for future growth in the Chinese market
- Acquired Colourland Paints in Malaysia, underlining our commitment to growing in the country and throughout the region
- Dulux Weathershield and Dulux EasyClean were relaunched in several markets, offering enhanced functionality with a new and improved formula
- Launched Dulux Promise in Pakistan, our first entry into the country’s mass market paints segment
- In China, an integrated campaign was developed to support the launch of Dulux Forest Breath BioCare. We also launched a BioCare primer to enrich our bio-based product lines
- Our ultra-protective Dulux Weathershield paint was used on the famous Dai Lanh lighthouse in Vietnam, which is more than 100 years old
- Through our Dulux Easy Paint Service, we cooperated with the China National Institute of Standardization to introduce even higher standards for our corporate repainting service and drive service operation excellence
- Piloted a new concept store in Shanghai, China, to enhance the in-store experience for customers and drive conversion
- Our Dulux and Dulux Professional range of products were accredited with the prestigious GreenPro Certification by the Confederation of Indian Industry
- As part of our global “Let’s Colour” initiative, we added Pakistan, China and Indonesia to the list of countries involved in our partnership with SOS Children’s Villages
Revenue
in € millions
Key brands
