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On October 1, Japan's Nippon Paint Holdings (Nippon Paint Holdings, hereinafter referred to as "Nippon Paint Holdings") announced that it will reorganize the global automotive coatings business on January 1, 2021
Through this reorganization, Nippon Paint will quickly realize the benefits of operational integration following the announcement on August 21, 2020 of the acquisition of 100% ownership of the Asian joint venture and Indonesia business, aiming to strengthen Nippon Paint's global automotive presence paint business