FINECOAT PAINTS WINS CITY PEOPLE PAINT OF THE YEAR AWARD

At the 22nd City People Awards For Excellence held at the Lekki Coliseum on Sunday 31st March, 2019, Finecoat Paints was celebrated. It won the Paint of The Year Award. Finecoat Paint is one of the leading paint companies in Nigeria produced under the parent name Chemstar Group which is the flagship of the group. 

It commenced its operations from a rented one room and a shop out of the 10-room apartment belonging to late Pa Henry Agbebaku at No. 26, Kayode Street, Ijaye Ogba, Lagos State.

In 2000, to meet increasing demands for its products, the production line was moved from No.1, Bodunrin Caulcrick Close, Caterpillar Bus Stop, Ogba to 114, Oba Akran, Ikeja. However, Sales and Administrative Offices remained at Bodunrin Caulcrick Close. As part of the introduction of new products, Finecoat Wood Finish products were launched during the company 5th Anniversary in 2000.

As a result of the increase in the volume of paints produced, Chemstar Paints moved from 114, Oba Akran to a 4 by 8,000 square meter property at No 6, Obasa close, off Oba Akran Avenue, Ikeja.

In 2002, Premium Finecoat Products were introduced to the consumers. The products include premium and Excel products, designed to satisfy the high-end consumers. Chemstar paints commenced the manufacturing of Finecoat marine coatings to the public.

In 2003, witnessed the introduction of high-quality car paints, branded as finecoat Automel. Finecoat POP Emulsion was added to the array of products produced by Chemstar paints.

In 2005, Chemstar Industries Ghana Ltd was established to manufacture Finecoat Paint Product for the West African market. -Finecoat Adhesives product (Hi-Bond) was introduced to the public.

In 2008, Shield Paints, the company’s Premium brand was unveiled to cater for consumers in that category. The brand comprises of Shield Excel, Shield Easy Living, Shield Gloss, Shield Satin Finish, Shield Industrial and MARINE products.

On May 1st, 2010, Chemstar Paints Ind.(Nig.)Ltd, manufacturers of Finecoat&Shield Paints commissioned her ultra-modern corporate headquarters at Km 32 Caaso Bus Stop, Lagos-Abeokuta Expressway, Alagbado Lagos State. The Company also marked her 15th year Anniversary on May 23rd, 2010.

In 2013, Cpin Industries, Plastic Division started operations. The company was set up for the production of all the plastic containers for the paint products. CPIN INDUSTRIES, Chemical Division was set up for the importation of all chemical raw materials for Paint, Cosmetics, Polyurethane and Food Industries.

In 2018, Finedecor Wallcoverings was set up washable Vinyl wall coverings, 3D Wall panels, Paintable wall coverings, etc.
It is for this reason that City People honoured Finecoats Paint, yesterday.

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