ADVERTISEMENT

ADRON EASTER HAPPY HOUR PROMO
You are here: Home
Friday, 23 August 2019 00:00

Adulteration threatening our business, paint makers lament

Written by 

Paint manufacturers have lamented the impact of product adulteration on the earnings from the industry, which see as a major threat to the business.

Our correspondent gathered that the situation had resulted in some of them moving away from paint production to other ventures such as farming, hospitality and other unrelated business.

They claimed that many distributors of the adulterated products were not subjected to the kind of stress paint manufacturers were put through to maintain standards.

According to them, the cost of maintaining standards set by the regulatory agencies is high that this gives the adulterators undue advantage over genuine product makers.

“The situation is so bad that paint manufacturers have diversified into other business that has no bearing with the sector, such as farming and hotel business,” the immediate past chairman of the Paint Manufacturers Association of Nigeria, Mr Rotimi Aluko, said.

While speaking during a media briefing to announce the hosting of the upcoming 2019 Coatings Show by the association, the Chairman, PMAN, Mr Abimbola Babatunde, said, “One of the major challenges members of the PMAN have been facing over the years is the problem of adulteration and faking of our premium brands.

“This has negatively affected their volume and profitability and by implication, return on investment.”

Babatunde explained that the theme of the two-day event, ‘Future Trends in Coatings Technology’, was chosen based on the need to prepare paint manufacturers in Nigeria for future developments in the manufacture and sale of paints as well as the development of raw materials for the industry.

He said the event would also educate the operators about the lead content in paint, improved quality of their products and the African Continental free Trade Area agreement.

According to him, the event is intended to showcase an array of raw materials, machinery, production and testing equipment as well as packaging materials used in the production of paints, ink and allied products.

To speak at the event would be the Director, Centre for Environmental and Human Resources Development, Department of Chemistry, University of Lagos, Prof Babajide Alo, while other representatives from the Standards Organisation of Nigeria, the Raw Materials Research and Development Council and the Manufacturers Association of Nigeria would be in attendance, he said.

 

Read 669 times