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Automotive Industry
Industry: Email Alert RSS FeedDuPont automotive coatings unit and Kansai Paint to end joint venture - North America - Brief Article
Automotive Industries, Jan, 2004
DuPont and Kansai Paint Ltd. have agreed to amicably terminate their automotive coatings joint venture relationships due to incompatible global strategies.
DuPont and Kansai operate three joint ventures that provide coatings to Japanese auto makers in North America and the United Kingdom. They are: DuPont Kansai Automotive Coatings Company, Troy, Mich.; Pinturas Automotorices DuPont Kansai, S.A. de C.V.Mexico City, Mexico; and DuPont Kansai Automotive Coatings (U.K.) Ltd., Hemal Hempstead, U.K.
The joint ventures were formed to supply and service the automotive coatings needs of Japan-headquartered auto companies for their operations in the U.K. and North America. The joint ventures will continue to service customers for a one- to two-year transition period.
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