Plascon

Plascon
IndustryPaint manufacturing and retail
PredecessorHerbert Evans & Co
Parthenon Paints
Founded1889; 136 years ago (1889)
HeadquartersKrugersdorp, South Africa
Area served
Africa
Key people
Takashi Tomioka (Chairman)
Prejay Lalla (CEO)[1]
BrandsDouble Velvet
Velvaglo
Polvin
Wall & All
NuRoof
Cashmere
Number of employees
3,000+ (2025)[2]
ParentKansai Paints
Websiteplascon.co.za
Logo of the Plascon paint brand, which is featured on its products

Plascon (officially Kansai Plascon Africa Ltd) is a major South African paint manufacturer. Based in Krugersdorp[3], the company is a subsidiary of Japanese corporation Kansai Paints, which is one of the world's 10 largest paint manufacturers.[4]

The company was founded in 1889 as Herbert Evans & Co, and was acquired by Kansai in 2011. Plascon is a prominent brand in the African paint market, competing primarily with Dulux and Duram.

History

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Plascon was founded in 1889[5], when Herbert Evans started a paint manufacturing company in Johannesburg, South Africa. The company was originally called Herbert Evans & Co.[3]

In 1915, the company trademarked Parthenon Paints, and in 1949, joined with Chrome Chemicals to form Plascon.[3]

In 1970, Barloworld (then called Barlo Rand) acquired Plascon.[3] At the time, Plascon was producing 100 million liters of paint a year, making it one of the world's 20 largest paint manufacturers.[6]

In 2007, when Barloworld unbundled, Freeworld Coatings was formed, which owned Plascon.[3]

In 2011, major Japanese paint manufacturer Kansai Paints acquired Plascon, and the following year, the latter's name was changed to Kansai Plascon Africa.[3]

In 2015, the company set up a joint venture in Nigeria, incorporated as Kansai Plascon Nigeria Limited.[3]

The company appointed Farid Masood as its new CEO in 2017. In the same year, Plascon announced its African expansion strategy.[7]

In November 2022, the South African Competition Commission blocked a proposed acquisition of Plascon by AkzoNobel, the Netherlands-based owner of Dulux paint, a major Plascon competitor. The Commission stated that merging South Africa's largest and second-largest paint manufacturers would create a firm that was too dominant in the local market, resulting in a reduction in consumer choice in the paint sector.[8]

Operations

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Plascon paint in a Cape Town Builders Warehouse store

Plascon manufactures and sells paint for indoor, outdoor, decorative, industrial, and automotive use.[9]

The company sells its products via independent paint stores , as well as home improvement retail chains, such as Builders Warehouse, Mica, BUCO, and Leroy Merlin in South Africa, and does business across numerous other African countries.[10]

See also

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Reference

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  1. ^ "Plascon Corporate Information". Plascon. Retrieved 22 November 2025.
  2. ^ Eddie Clinton (7 January 2025). "Kansai Plascon : Putting People First in Africa". Manufacturing Outlook. Retrieved 22 November 2025.
  3. ^ a b c d e f g "About Kansai Plascon Africa (Pty) Ltd". Top 500. Retrieved 22 November 2025.
  4. ^ "Our Global Network". Kansai Paints. Retrieved 22 November 2025.
  5. ^ Tom Cullum (26 November 2013). "Kansai Plascon : African Ambitions". Africa Outlook. Retrieved 22 November 2025.
  6. ^ "Kansai Plascon". Business Excellence. Retrieved 22 November 2025.
  7. ^ Manelesi Dumasi (6 March 2017). "Kansai Plascon – Creating A Pan-African Paint And Coatings Business". Enterprise Africa. Retrieved 22 November 2025.
  8. ^ Helena Wasserman (9 November 2025). "Dulux owner blocked from buying Plascon in SA". news24. Retrieved 22 November 2025.
  9. ^ "Plascon - About". Plascon. Retrieved 22 November 2025.
  10. ^ "Plascon - Store Finder". Plascon. Retrieved 22 November 2025.