PUTRAJAYA: TOA Paint Products Sdn Bhd, a regional player in the paint and coating industry, is ramping up its production capacity, with its Nilai, Neg...
Lai says Toa Paint plans to introduce new products every year, potentially expanding beyond paints and coatings, into adhesives and industrial chemicals.TOA Paint Products Sdn Bhd, a regional player in the paint and coating industry, is ramping up its production capacity, with its Nilai, Negeri Sembilan, plant expected to produce up to two million gallons annually.
“Our group treasury actively manages forex risks daily, ensuring that despite currency fluctuations in Southeast Asia, our overall product gross profit margin remains strong,” he toldLai said TOA Paint is diversifying its product portfolio. “The company confirmed plans to introduce new products every year, potentially expanding into categories beyond paints and coatings, such as adhesives and industrial chemicals.
Lai highlighted that sustainability remains a core focus for TOA Paint, which is making efforts to incorporate eco-friendly raw materials, reduce volatile organic compound emissions and improve energy efficiency across its operations. Additionally, TOA Paint is expanding its offerings in marine coatings, a crucial segment in the shipping and offshore industries.
“While our marine paint products are designed for a wide range of vessels, including fishing boats, yachts, and catamarans, many customers lack awareness of essential anti-fouling techniques. By providing guidance on correct application methods, TOA aims to enhance product performance, reduce maintenance costs, and support sustainable marine practices.”
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