By Jonathan Mbiriyamveka
Customers will experience low prices for paint after Nash Paints on Wednesday commissioned a new Decorative Paint Manufacturing Plant in Graniteside worth US$1.1 million.
This means the increased plant capacity will help significantly in cutting production cost for the business due to economies of scale and improved efficiency, a benefit which has been extended to Nash Paints customers through price cuts.
In a speech read on his behalf by Chief Operations Officer Breendon Sibanda, Nash Paints chairman — Tinashe Mutarisi — said the new plant had improved the quality of paint and the order to cash cycle.
“In addition to that the plant has also helped in significantly cutting production cost for the business due to economies of scale and improved efficiency, a benefit we have extended to our Nash Paints customers through price cuts that they will continue to enjoy.
“Increased plant capacity has also allowed the business to launch a new product, the 3 in 1 primer sealer undercoat after identifying a gap in the market for a multi layered economical but high performance masonry surfaces priming product that can adequately provide priming and sealing requirements especially for new buildings as well as those buildings in wetlands.
“This fast drying, excellent sealing, water based primer has good spread ability and superior adhesion,” Mutarisi said.
He said as Nash Paints they were continuously finding innovative ways and means to meet and exceed customer expectations.
“This new plant and products are of one of the many initiatives that Nash Paints will undertake to ensure community needs are met and that lives are improved continuously through availing affordable high quality products at the same time creating employment for various communities from which the business operates in,” he said.
The plant was bought in April 2022 and installation was completed by the July 1, 2022. In July alone decorative paint production volumes grew by 27 percent translating to a production capacity of 35 percent for the new plant.
Government through NDS1 projects a growth of 17 percent within construction industry with support from the private sector, Nash Pains projects the exponential growth trajectory to continue month on month to an optimum plant capacity use of an average of 80 percent by December 2022.
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