Kansai Plascon lowers operating costs following turnaround, sustainability project

Paint and coatings manufacturer Kansai Plascon has achieved a 100% improvement in operating costs over 36 months owing to its turnaround plan and sustainability agenda. “We lacked differentiation, had negative cash flow and strategic partnerships were becoming strained. We had high inventory levels and operating expenses, which were negatives, all exacerbated by ever-elevating interest payments. Our brand had the potential to erode among these strategic challenges,” said Kansai Plascon CEO Prejay Lalla.