NIPPON PAINT MARINE COATINGS CO.,LTD.

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Jan. 15 2016

Announcement of Business Alliance with Brazilian Coating Company

Nippon Paint Marine Coatings Co Ltd is pleased to announce that we have entered into a Cooperation Agreement with WEG Tintas Ltda, a major Brazilian coating company, regarding marine and protective coatings for ships and the offshore sector.

Responding to the needs from the Latin American and worldwide market ,Nippon Paint Marine will aspire to provide our high quality and cutting-edge products more widely through the evolution of our mutual global sales & supply networks.
Under this business tie-up with WEG Tintas, Nippon Paint’s fuel-saving SPC anti-fouling “A-LF-Sea” was recently applied to one of the major Brazilian owner Vale’s ships when their ship drydocked in China. Nippon Paint Marine and WEG Tintas will work to further deepen our relationship in both technology and infrastructure over the coming years.

= Overview of Sales Cooperation Agreement =

1.Commencement: December 1, 2015
2.Company Name: WEG TINTAS LTDA
3.Summary of WEG:
 * Establishment1983
 * RepresentativeReinaldo Richter
 * Sales (2014)US$166 million
 * LocationGuaramirim (SC) – Brazil
 * TerritoryLatin America (except Mexico)
 * Websitewww.weg.net
 * WEG TINTAS is the coating division of WEG S.A., a multinational Brazilian company working mainly in capital goods in five main product lines: Motor, Powder, Transmission and Distribution, Automation and Coatings. WEG TINTAS is the Brazilian leader in powder coatings, primary and secondary electrical insulation and one of the major paint manufactures of general industrial, protective and marine coatings and automotive refinish in Brazil.
Manufacturing Operations:
Brazil: 2 sites (Guaramirim – Santa Caterina and Maua –Sao Paulo) Argentina: 1 site (Buenos Aires)
Announcement of Business Alliance with Brazilian Coating Company

Contact
:  NIPPON PAINT MARINE COATINGS CO., LTD. Sales & Marketing
TEL : +81-78-735-6072   FAX : +81-78-735-5309
URL : http://nipponpaint-marine.com

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