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Jotun Powder Coatings announce price increase of all its products with immediate effect
PRESS RELEASE: Due to significant and continuous raw material cost increases throughout 2017 and early 2018, Jotun Powder Coatings announce price increase of all their products with immediate effect. The necessary increase will be in a range, of up to 20 per cent, depending on the specific compositions of the products.
Sales growth, but weaker profitability for Jotun
PRESS RELEASE: Jotun had a turnover of NOK 16 401 million in 2017, an increase of four per cent compared to 2016. At the same time, operating profit ended at 1 354 million, a decrease of 23 per cent. A sharp rise in raw material prices is the main reason for the decline in earnings.
Benelux Overseas expect reduced maintenance costs and enhanced efficiency with fleet-wide Jotun SeaStock agreement
PRESS RELEASE: Benelux Overseas, a leading owner and operator of advanced LPG carriers, has signed a two-year agreement with Jotun for its SeaStock maintenance solution. The Smart Pack solution, which includes a range of tailored high quality Jotamastic primers and superior topcoats, will enable the Greek-headquartered firm to slash maintenance costs and reduce waste while enhancing efficiency and environmental performance across a portfolio of 15 globally trading vessels.
Jotun meets extreme demands of onshore oil, gas and chemical industries with new Thermosafe range providing better corrosion protection, hence less maintenance for the operators
PRESS RELEASE: The onshore oil, gas and chemical industries are evolving, and they need protective coating solutions to keep pace with ever more extreme demands. That’s the message from Jotun, one of the world’s leading global paints and coatings provider, which today launches the unique Thermosafe range, enabling customers operating at higher temperatures, with enhanced safety, efficiency and productivity.