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Berger Paints’ arm inks pact with NBCC

18 Apr 2017 Evaluate

Bolix, S.A. Poland, a wholly owned subsidiary of Berger Paints India and NBCC have signed a Memorandum of Business Exploration at New Delhi, in furtherance of a joint initiative to bring to India External Thermal Insulation and Composite Systems (ETICS), a proven solution for improving energy performance of temperature controlled buildings.

ETICS is a very cost effective and efficient solution and much used in Europe. Germany and Poland are the pioneers in this technology though ETICS is now in use in over 15 countries in Europe.

NBCC and Bolix will jointly promote, develop and facilitate the use of ETICS solutions in building projects in India with the principal objective of reducing significantly the energy requirements for cooling or heating in these buildings, which is expected to result in gains in environmental sustainability.

Peers
Company Name CMP
Asian Paints 2335.00
Berger Paints India 469.35
Kansai Nerolac Paint 178.10
JSW Dulux 3053.45
Indigo Paints 1017.80
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