Chemical & Allied Products Plc (CAPL)
Office Phone : 08159493070,243(0)7080606400
Email：[email protected]
Office Address：2, Adeniyi Jones Avenue,P.M.B. 21072,Ikeja – Lagos
Company Profile:
Chemical and Allied Products Plc, a subsidiary of UAC of Nigeria Plc, is the technological licensee of AkzoNobel for Nigeria; (ICI was acquired in 2008 by AkzoNobel, the world’s largest paint producer). CAP Plc evolved from the world-renowned British multinational Imperial Chemical Industries Plc, which formalized it Nigeria operations in 1957 under ICI Exports Limited. In 1965, ICI Exports Limited changed its name to ICI Nigeria Limited and in 1968 it subsumed the paints company.
Following the promulgation of the first and second indigenisation Decrees in 1972 and 1977, ICI Nigeria Limited at first sold 40 percent but later 60 percent of its share capital to the Nigerian public, and went further to change its name by a special resolution of the shareholders to Chemical and Allied Products Limited (CAPL) in the spirit of indigenization. In 1991, the ‘Limited’ appellation was dropped for ‘Plc’ in compliance with the provision of the Companies and Allied Matters Act of 1990.
In 1992, ICI Nigeria Limited finally disposed of its minority 40% shareholding in CAP Plc when it sold 35.7% of the equity to UAC of Nigeria Plc and the rest to the Nigerian public on the floor of the Nigeria Stock Exchange. Currently, UAC of Nigeria Plc holds about 50.09% of the equity.
Today, CAP Plc fully operate in the coatings business and fully provides a wide range of quality products and services, and it brand have become household names. In November 2013, the company was awarded the ISO 14001:2004 certification on Environmental Management system (EMS). Dulux, the flagship brand, is positioned in the premium segment. Caplux is offered in the standard segment as fighter brand to protect overall volume share.
Company Video:
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Email：[email protected]
Office Address：2, Adeniyi Jones Avenue,P.M.B. 21072,Ikeja – Lagos
Company Profile:
Chemical and Allied Products Plc, a subsidiary of UAC of Nigeria Plc, is the technological licensee of AkzoNobel for Nigeria; (ICI was acquired in 2008 by AkzoNobel, the world’s largest paint producer). CAP Plc evolved from the world-renowned British multinational Imperial Chemical Industries Plc, which formalized it Nigeria operations in 1957 under ICI Exports Limited. In 1965, ICI Exports Limited changed its name to ICI Nigeria Limited and in 1968 it subsumed the paints company.
Following the promulgation of the first and second indigenisation Decrees in 1972 and 1977, ICI Nigeria Limited at first sold 40 percent but later 60 percent of its share capital to the Nigerian public, and went further to change its name by a special resolution of the shareholders to Chemical and Allied Products Limited (CAPL) in the spirit of indigenization. In 1991, the ‘Limited’ appellation was dropped for ‘Plc’ in compliance with the provision of the Companies and Allied Matters Act of 1990.
In 1992, ICI Nigeria Limited finally disposed of its minority 40% shareholding in CAP Plc when it sold 35.7% of the equity to UAC of Nigeria Plc and the rest to the Nigerian public on the floor of the Nigeria Stock Exchange. Currently, UAC of Nigeria Plc holds about 50.09% of the equity.
Today, CAP Plc fully operate in the coatings business and fully provides a wide range of quality products and services, and it brand have become household names. In November 2013, the company was awarded the ISO 14001:2004 certification on Environmental Management system (EMS). Dulux, the flagship brand, is positioned in the premium segment. Caplux is offered in the standard segment as fighter brand to protect overall volume share.
Company Video:
Product Photos:
