Paint industry pricing increases on TIO2 costs escalation

The biggest input cost factor in the manufacturing of paints is the cost of TiO2 pigment used. It affects upto 40 % of the cost. The other is the resin used in the paint. Hover for the premium range of paints, forming the high growth segment today, the cost ratio is higher due to the high quality of TiO2 pigment required to be used. TiO2 with its property of a very high refractive index coupled with its inherent chemical stability and  resistance to weathering makes it an essential ingredient in paint manufacture. The global economics of TiO2 Annual global TiO2 …

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India is losing out with Rare Earth Metals

As you would notice India, particularly Tamil Nadu, has a lot of potential in RARE EARTH METALS. There has been very little awareness of the potential of this industry. It is not just a lack of awarenesss, people are grossly  ill-informed about mineral mining. Hence the sector has faced a lot of challenges from media and the government particularly. We have to view this in a more informed way. ‘Responsible Mining’ is all about that. Minerals are valuable to the manufacturing sector. Take the case of the paint industry. There are around 300 to 400 ingredients that go into making decorative …

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Is the Paint industry in India losing out due to Government policies ?

Any picture depicting India would have hues of Holi and vibrant colors of the bazaar. So it is surprising that the ban of Ilmenite (ilmenite) exports has been done with a black and white view thereby robbing the Indian paint industry of its sheen. When our Prime Minister launched the Swatch Bharat initiative the paint industry would have rejoiced. Clean up and do what?  After all, they would have surmised, if surroundings are clean and well painted the chances of it staying clean is a lot higher. Instead, the Indian paint industry was hit hard by the sudden government ban …

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