Sandefjord, Norway
www.jotun.com
PUBLIC COMPANY; YEAR ESTABLISHED: 1926
REVENUE: $2.99 billion (2022: $2.618 billion)
MARKETS SERVED:
Decorative paints; Marine coatings; Protective coatings; Powder coatings
KEY EXECUTIVES:
Morton Fon, president and CEO; Vidar Nysaether, CFO; Baard Kristian Tonning, GEVP Decorative; Martin Chew, GEVP Performance.
Jotun Group is divided into seven regions: Scandinavia, Western Europe, Eastern Europe and Central Asia, Middle East, India and Africa, North-East Asia, South East Asia and Pacific and the Americas – responsible for the sale of Decorative Paints and Performance Coatings (Marine, Protective and Powder Coatings).
The company has 40 production facilities in 23 countries, 66 companies in 46 countries and is represented in more than 100 countries around the world. The company has 10,043 employees. Decorative coatings comprised 37% of sales, protective 29% of sales, marine coatings 27% and powder coatings 7%.
Jotun recently launched CX-Rated Anticorrosive powder coating solution, offering industries access to proven technologies to protect critical equipment operating in the most challenging environments.
Every year, trillions of dollars is spent to fight steel corrosion. According to Harshad Gawande, Jotun’s global category manager for functional powder coatings, corrosion risk is higher for energy companies, especially those operating in aggressive environments.
“In addition to costs related to maintenance, protecting steel can reduce risk of equipment failure that can lead to downtime, or worse, an accident,“ he says. “To help manage these challenges, Jotun has developed the industry’s first anticorrosive powder coatings solution specifically engineered to protect steel used in the most extreme environments.”
The ISO 12944 standard specifies atmospheric corrosion categories from C1 (very low) to C5 (very high). In 2018, the standard was revised to include CX, a rating that applies to highly aggressive environments such as offshore assets exposed to high salinity, or industrial areas located in subtropical areas with extreme humidity. In 2023, Jotun introduced Jotun Primax Coating Solutions, a powder coatings system that is Qualisteel compliant and has been independently tested to meet ISO 12944 CX requirements.
“Primax Coating Solutions was engineered to protect steel used in critical machinery, such as generators, transformers, electrical cabinets, cranes, and other equipment operating in aggressive environments,” said Gawande.
“The solution is a two-layer anticorrosive steel protection system Involving primers and a premium topcoat, Jotun Super Durable. Jotun Super Durable has a proven track record of resisting extreme temperature fluctuations, high humidity, acid rain UV protection to retain color and gloss in the building construction industry,” adds Gawande. “Our assortment of primers, such as Primax Xtend and Primax Protect, have also been proven effective in other industries, but achieving a CX rating required a lot of work.”
Because surface preparation is critical to performance, Jotun primers have been independently tested using different surface cleaning methods and steel thickness.
“We are the only coatings supplier which can provide third-party documentation for surfaces that are blast cleaned, galvanized or chemically treated with zinc phosphates,” he says. “We are also the only company that works with approved applicators to offer a product guarantee, supported by our dedicated technical support teams.”