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November 23, 2009 9:08 AM ET
Chemicals
Jotun AS
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Company Overview

Jotun A/S engages in the development, manufacture, marketing, and sale of paint and coating systems, and surface treatment products worldwide. It operates in four divisions: Jotun Dekorativ, Jotun Paints, Jotun Coatings, and Jotun Powder Coatings. The Jotun Dekorativ division offers decorative paints, stains, and varnishes for the professional and do-it-yourself markets, as well as for the manufacture of binding agents. The Jotun Paints division provides decorative paints, including marine and protective coatings for local customers and projects. The Jotun Coatings division offers marine and protective coatings, and decorative products for industry and the offshore markets. The Jotun Powder ...

Detailed Description

Hystadvn 167

PO Box 2021

Sandefjord,  3248

Norway

7,108 Employees

Phone:

47 33 45 70 00

Fax:

47 33 45 72 42

www.jotun.no

Key Executives

Chief Executive Officer and President
Group Executive Vice President of Jotun Paints
Head of Human Resources and Member of Extended Group Management
Group Executive Vice President of Jotun Coatings
Head of Business Development and Member of Extended Group Management
Compensation as of Fiscal Year 2009.

Key developments for Jotun AS

Jotun AS Reports Earnings Results for the Period from January to August 2009
09/25/2009

Jotun AS reported earnings results for the period from January to August 2009. For the period, the company's operating profit rose to NOK 858 million from NOK 807 million in Jan.-Aug. 2008, while operating income rose to NOK 7,811 million from NOK 6,739 million. Profit before tax fell to NOK 782 million from NOK 792 million. A relatively weak Norwegian krone exchange rate contributed to the increase in operating income.

Jotun AS Plans New Factory in Orelans
02/3/2009

Jotun AS is planning to build a new factory in New Orelans, US where the existing factory is nearing maximum production capacity. The new plant will cost Jotun NOK 60 million (EUR 6.77 million, USD 8.64 million).

Jotun Paints Launches Jotashield SuperDurable and Jotashield Heritage High Build
11/23/2008

Jotun Paints announced the launch of its newest products, the 'Jotashield SuperDurable' and 'Jotashield Heritage High Build', at the 'Big 5' exhibition, the biggest construction show in the Middle East. The newest addition to its exterior paint range is pure silicone acrylic-based product (SuperDurable) and is specially formulated to protect concrete from extreme climate conditions in the region. With aims to address the increasing demand for environmentally safe paint products in the region, the company has introduced the 'Jotashield SuperDurable'-a low volatile organic compound (VOC) coating based on a special hybrid silicone binder with twice the life span of traditional coatings.

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