Nuplex targets half billion dollar Asian sales within five years

By Pattrick Smellie
Sept. 19 (BusinessDesk) – Industrial and residential coatings manufacturer Nuplex is targeting sales from its Asian operations of $500 million a year in the year to March 31, 2018, the company says in a strategic update presentation posted as an NZX disclosure.
In a section entitled “looking ahead three to five years”, Nuplex lays out the extent of recent strategic investments in Australia, Thailand, China, Vietnam and shortly in Russia, to create what it calls a “repeatable framework” for entry in other fast-growing emer...
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