We are proud to partner with Kingsway Tyres and The Embassy of Hungary in Nairobi to revamp and contribute to outdoor facilities that were in need of rehabilitation in Kasarani Primary School playground. Colour in a playground goes a long way in inspiring children’s imaginations. Bright and colorful playground tend to encourage children to play more energetically and create more opportunities for cooperation and socialization. #CrownPaintsCares

On 23rd November 2021 Crown Paints Plc sponsored KNCCI Nairobi Chamber Construction Industry Dialogue breakfast meeting which brought together key industry stakeholders such as Nairobi Metropolitan Services, National Environmental Management Authority, National Construction Authority among others. The Dialogue themed “Constructive and active collaboration between Construction Sector actors to enhance compliance” is meant to enhance collaboration as a tool for influencing the design of effective regulatory framework for building and construction projects in Nairobi County. Crown Paints Group Chief Executive Officer Dr. Rakesh Rao gave a key note address on challenges and experiences of manufactures in the construction sector. Watch the clip below to learn more.

An Insight Into Crown Paint’s Newest Innovation. 
Visit Crown Paints showrooms to purchase Crown Granite Finish Paint.

Click to read the entire story

Crown Paints Plc CEO, Dr. Rakesh Rao gave a keynote speech during the BORAQ Annual Conference at Safari Park Hotel on 18th May 2023. During the function, Crown Paints unveiled the new Premium Granite Paint product to the attendees.

The event whose aim was to inform and educate practicing professionals, was attended by key players in the construction industry including Architects, Quantity Surveyors, Engineers, Technicians, Students, Contractors, and Developers are among the key players.

While giving his keynote speech, Dr. Rakesh Rao recognized the importance of taxation for the economic stability of the country. He urged the government to put policies in place that protect and promote local manufacturers to enhance growth.

He acknowledged that the sector has faced complex challenges in the recent past as it struggles to meet high demands, and fluctuating buying patterns as people’s purchasing power is greatly affected due to the long effects of the Covid-19 pandemic and high cost of living.

Dr. Rakesh Rao said that Manufacturers are facing serious challenges to remain operational since the outbreak of the Covid-19 pandemic coupled with the Russia-Ukraine conflict. He appealed to the government to address economic crises like supply chain, high cost of labor, and rising gas prices to save the sector.

In conclusion, he said that the conflict in Europe has greatly affected local manufacturers as the cost of materials continues to rise. Hence the sector has been forced to take swift action to offset inflation and maintain profitability.  He posed this question in his concluding remarks “How exactly does inflation affect manufacturing, and what actions do manufacturers need to make to help limit the financial impacts on the industry as a whole?” 

Crown Paints launches a premium product, Granite Paint

During the event, Crown Paints relaunched its premium product which was initially launched in 2021. In this premium product, crown paints partnered with 3 Trees, a leader in China, that was also accredited with the best paint in the Olympics 2022.

The New Premium Granite Paint that was relaunched will have 4 finishes:

  • Water in Water Litchi Surface: This has the roughest texture. No limitations in color options
  • Water in Water Plane: This is smooth in finish. No limitations in color options
  • Sand in Water Litchi Surface: This has the second roughest texture. No limitations in color options
  • Sand in Water tiny color: This is between Sand in the water litchi surface and water in the water plane.

The New Premium Granite Paint has unique features including

  • Real granite stone effect
  • Weather-resistant
  • Water-resistant
  • High color retention
  • Comes with a 15-year guarantee

The benefits include:

  • It looks like natural granite
  • It has a washable finish that is scrub and washing resistant
  • It has a long-lasting finish
  • It costs up to 80% cheaper compared to real granite
  • It reduces the weight of the building by 95% compared to real granite

Crown Paints will be the exclusive distributor of the granite paint in Kenya but the application will be done by the 3 Trees team (locally known as Sango Tree). They will also offer professional application services available at the convenience of their customers.

What a way to start the week!! The US embassy has awarded Crown Paints a Certificate of Appreciation for the CSR work we did at the Gigiri Police Station. We appreciate the role played by police officers in building the economy while maintaining law and order. We will continue to transform lifestyles by providing world-class solutions whilst caring for the environment and community. #CrownPaintsCares

Crown Paints has launched a new generation of environment-friendly, water-proof and high-efficiency paint in the market. The new product targets contractors, quantity surveyors, architects and homeowners who desire a premium finish without mining many stone mountains and saving natural resources.

Crown Paints Group Chief Executive Officer Dr Rakesh Rao said the launch of granite finish paint was timely as the country is experiencing an increase in residential and commercial projects. Dr Rao said the product will tap into the country’s growing property market as it offers multiple surfaces application.

“Many Kenyan consumers are consistently looking out for unique paint solutions for their homes or projects that are more affordable yet stand out”, Dr Rao explained.

Data from the 2021 Economic Survey covering the 2020 calendar year showed the country’s construction industry registered a double-digit growth rate of about 12 per cent as the sector remained largely interrupted despite the prevailing coronavirus pandemic.

Granite countertops, slabs and tiles have become a popular way of bringing natural beauty, character and style into people’s homes. Dr Rao however, said natural granite was quite expensive, heavy and requires a lot of care to remain appealing. “We’ve introduced new Crown natural granite finish paint which is 100 per cent alternative to granite”, Dr Rao argued.

The NSE listed company boss said high-end German technology was employed to achieve the granite effect which can be applied on almost any surface. The paint is also exceptionally good for both interior and exterior surfaces which provide a granite-like finish at a lower cost.

The new product comes in a four-pack paint system which includes an undercoat, granite flakes, bonding agent and a silicone topcoat. The paint is water and dust resistant, retains color, bridges cracks, and is non-combustible. It is specially designed to care for the environment as it has low volatile organic compounds with no added heavy metals such as chrome, mercury and lead.

As part of our CSR, Moyo Primary School in Kajiado County has benefited from painted classrooms and new desks courtesy of Crown Paints PLC. We are committed to identifying with the educational needs of our community continuously because we believe that an educated community is an empowered community. Crown Paints has also donated water tanks. This will go a long way in improving the health and sanitation in the school and the community at large.

Crown Paints Kenya PLC sponsored the Junior Golf Championship. The tournament was held at the Muthaiga Golf Club on the 4th August 2021.

Crown Paints PLC held its 64th Annual General Meeting today. During the AGM, the Board of Directors presented the Audited Financial statements for the year 2020, discussed Directors remuneration as well as re-elected Directors and re-appointed Messrs Ernst & Young LLP as Auditors for the Company for the financial year 2021.

As seen on the news Crown Paints (K) PLC to use rights issue proceeds to strengthen balance sheet
For more info, clicks the link below;
Citizen https://twitter.com/citizentvkenya/status/1415019654054088704?s=20
Ntv – http://www.youtube.com/watch?v=pVdXIzVxJX0
pdf link
https://www.crownpaints.co.ke/wp-content/uploads/2021/07/RIGHTS-ISSUE.pdf