on new factory in Korea
Jotun has expanded its operations in Korea due to the growing market there with a new factory. The old paint factory in Yangsan is already producing twice as much as it is meant to be, and cannot bear the load of future operation, according to the company. The ground breaking ceremony for the new factory took place April 18th.
A suitable site was found 20 km outside the city of Busan, close to the airport, in order to plan for a new factory site. Production of coatings for the marine market is the main goal for the new factory. Solvent-based production will be carried out at the new plant with dissolvers and mills. Technically, it will be similar to the factories in Dubai and Zhangjiagang.
The construction of the facility is scheduled for completion in March 2009 with advanced production facilities and an annual production capacity of approximately 37 million liters. Total size for the plant is 47,000 m².