MALAYSIA PAINTS AND COATING SALES GROW AS GOVERNMENT PUSHES ECONOMIC DEVELOPMENT PROJECTS
May 10th, 2014
International and domestic paints and coatings companies are benefiting from strong economic growth in Malaysia, and growth is set to continue for both industrial and decorative products.According to data from the Malaysian Paints Manufacturers Association (MPMA), the total sales of the Malaysian paints and coatings industry grew 17.6% to 210 million litres in 2013, with sales in terms of value climbing 14.7% to Malaysian ringgit MYR1.8 billion (USD558 million).Julina Bt Zainal Abidin West, chairman of the MPMA, said that Malaysia’s paints and coatings sector ...
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