Nippon Paint launches its first multi-purpose lubricant spray-RP7 in India
RP7 comprises of a high-quality lubricating oil and a premium rust-preventive concentrate, The multipurpose lubricant industry is valued to be a Rs 3,250 million segment.
Chennai, September 12: After making its presence felt in the paint sector, Nippon Paint (India) Private Limited (Decorative Division) on Monday unveiled its first multipurpose lubricant product- RP7.Showcased at the recently concluded Tamil Nadu Cycling League, RP7 will initially be sold in Tamil Nadu and Karnataka. The multipurpose lubricant is Nippon Paint’s first entrant in a market that is currently valued at Rs 3,250 million, which is also growing at a 20 percent CAGR.
A multi-utility lubricant spray meant for household, automotive, marine, farm, industrial, and building use, RP7 is effective at displacing water and preventing corrosion. Comprising a high-quality penetrating and lubricating oil, and a premium rust-preventative concentrate, it is an effective lubricant and anti-corrosion agent, be it for components in your vehicles or for the doorknob on your residence’s front door. RP7 does not adversely affect rubber, paint, and most plastic materials. “As leaders in the paint industry, Nippon looks at amalgamating innovation with a DIY approach, so that our products always live up to customer expectations and cater to all of their needs,” said Nippon Paint (India) Private Limited (Decorative Division) President Mahesh Anand. “The technology behind RP7 makes it effortless to use, whether you’re maintaining your bike or your house.”
RP7 comes in two sizes: 105ml and 420ml. It is available on Bigbasket.
About Nippon Paint
Nippon Paint, founded in Japan has over 141 years of experience and is the number one paint manufacturer in Asia, and among the leading paint manufacturers in the world. Nippon Paint produces high-quality paints and coats for decorative, industrial, and automotive sections Over the years, Nippon Paint has perfected its products using breakthrough paint technology, with an emphasis on innovation and eco-friendliness. Nippon Paint’s mission is to create advanced products that boost the quality of life while protecting the environment. Through innovative technology, Nippon Paint benefits its customers and society. The company and its subsidiaries have a presence in 31 countries including Japan, Singapore, Malaysia, South Korea, China, India, Pakistan, United Kingdom, Germany, Greece, and Russia.