Axalta Announces New Partnership with Master Paints in Pakistan
New partner to distribute Axalta’s Standox® and HIPIC® brands
United Arab Emirates - November 08, 2020: Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced a new partnership with Master Paints Industries (Pvt) Ltd., a leading paint manufacturer in Pakistan. Master Paints will distribute Axalta’s Standox and HIPIC brands in the region.
Standox, one of Axalta’s premium refinish brands, is used in more than 80 countries across the globe with its innovative product systems and cutting-edge paint technology. HIPIC is a cost-effective coating solution for the mainstream segment of the market in Asia.
“We are committed to working with our distributors to provide industry-leading, innovative technology and high-quality refinish coatings to our customers in the MENA region,” said Fadi Medlej, Managing Director, Axalta Middle East and North Africa. “We are delighted to collaborate with Master Paints and look forward to a long and successful partnership serving body shops in Pakistan.”
Sufi Muhammad Amin, CEO of Master Paints, said, “As one of the leading paint manufacturers in Pakistan, we are delighted to collaborate with Axalta and serve more customers in Pakistan’s ever-growing auto refinish market with premium brands that set the benchmark in the industry. We are confident that this new partnership will allow us to provide the best products to valued customers with great refinish services for many years to come.”
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