Chemical & Allied Products Plc

Chemical & Allied Products Plc

NNSENG:CAP
108.50
NGN
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Olalekan Aluko
Full Time Employees
298
Sector
Process industries
Industry
Industrial specialties
Address
Lagos Nigeria
IPO Date
Aug 11, 1995
Website
capplc.com
Business
Chemical and Allied Products Plc manufactures, markets, and distributes paints, coatings, and allied chemical products for decorative, architectural, and industrial applications. Operating primarily in Nigeria, the company serves retail consumers, professional painters, commercial builders, real estate developers, and industrial clients through an extensive nationwide supply and retail network. The company operates through two core business segments: Paints and Coatings, and Allied Products. Its comprehensive product portfolio comprises premium decorative and architectural coatings, including interior and exterior acrylic emulsions, gloss enamels, silk finishes, matt finishes, textured wall coatings, and weather-resistant exterior paints marketed under the flagship Dulux brand; mid-market and commercial-grade architectural paints, including exterior masonry coatings, durable textured finishes, primers, undercoats, and screeding compounds marketed under the Sandtex brand; economy and value-tier decorative paints marketed under the Caplux brand; industrial and protective coatings, including epoxy floor systems, anti-corrosive primers, metal protective coatings, and marine coatings for industrial and infrastructure facilities; and wood finishes and chemical auxiliaries, including clear varnishes, polyurethane wood stains, sealers, thinners, and specialized colorants. In addition to product manufacturing, the company provides custom color tinting, digital color-matching, on-site technical advisory, and architectural painting specification services through an extensive network of Dulux Colour Centres, Sandtex Experience Centres, and independent retail distributors. In recent developments, Chemical and Allied Products Plc has executed significant strategic and operational transformations to consolidate its market leadership. Following its landmark merger with Portland Paints and Products Nigeria Plc, the company fully integrated the Sandtex product line into its centralized manufacturing, supply chain, and retail distribution infrastructure. The company has expanded its retail presence across key regional commercial centers, modernized its production facilities with high-capacity automated paint manufacturing equipment, and invested in localized raw material substitution to mitigate foreign exchange volatility. Furthermore, the company has expanded its product offerings with eco-friendly, low-VOC formulations and anti-microbial paint solutions while reinforcing its long-standing technical and brand partnership with global coatings leader AkzoNobel. Founded in 1965 as ICI Nigeria Limited, Chemical and Allied Products Plc operates as a subsidiary of UAC of Nigeria Plc and is headquartered in Ikeja, Lagos, Nigeria.