Nippon Paint Co., Ltd.
Osaka, Japan
www.nipponpaint.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1881
REVENUE: $2.815 billion ; (2010: 2.5bn)
MARKETS SERVED
• Automotive coatings
• Industrial coatings
• Decorative coatings
• Marine and protective coatings
KEY EXECUTIVES
Kenji Sakai, president, representative director; Yoshio Andou, senior vice presi-
dent, general manager of trade use paint division and executive director; Ry-
oichi Baba, senior vice president, representative director; Kiyohiko Chijiiwa,
executive vice president and director; Kanji Nishijima, vice president.
Nippon Paint manufacture all types of paints and coatings including those for automobiles, construction, architecture, steel structures, ships, metal, electrical equipment, ma-
chinery, roadways and household appliances among others. Nip-
pon Paint saw its sales rise in 2011 to $2.815bn. During the year
Nippon Paint received the product innovation award in decorative
paints given by the inaugural 2011 Frost & Sullivan Asia Pacific
Green Excellence Awards, reaffirming the company’s commitment
to ecological sustainability and technological innovation. Nippon
emerged at the top of the product innovation in decorative coatings
category for its odor-free AirCare, an eco-friendly paint that absorbs
indoor air pollutants. The evaluation process included a rigorous
measurement-based short listing, in-depth interviews, analysis and
extensive secondary research by industry analysts from Frost & Sul-
livan. Nippon Paint has for many years been committed to help pro-
tect the environment and save resources and energy through green
innovation. With this vision Nippon has invested and established
research and development centers to innovate quality paints that
are eco-friendly. Nippon Odorless AirCare is one of the resulting
products that helps create a safe and more hygienic indoor envi-
ronment. With its Anti-Formaldehyde with Active Carbon technol-
ogy, this paint is ideal for people who are allergic to indoor air
pollutants and has been recommended for use in eco-sensitive areas
such as hospitals, schools, hotels and homes. Nippon Paint, one of
the largest paint manufacturers in Asia, was founded in Japan in
1881 and today with 33 manufacturing plants it produces over one
million tonnes of paint and coatings annually. In Asia, all Nippon
Paint offices are managed by the Nipsea Group.
PUBLIC COMPANY
YEAR ESTABLISHED: 1926
REVENUE: $1.902 billion ; (2010: $1.7bn)
MARKETS SERVED
• Decorative paints
• Marine and protective coatings
• Industrial coatings
• Powder coatings
Jotun AS
Sandefjord, Norway
www.jotun.com
12
KEY EXECUTIVES
Morton Fon, president and CEO; The management team: Bard Tonning, Jotun Dekorativ;
Erik Aaberg, Jotun Paints; Esben Hersve, Jotun Coatings; Martin Chew, Jotun Powder
Coatings; Ben Guren, CFO.
Jotun’s long-term growth trend continued in 2011 with im- proved sales in most segments and divisions, due to improved markets in Asia and parts of the Middle East said the company.
The company reported revenues of $1.902 billion in 2011, up from
$1.7 billion the previous year. Jotun said it sold more paint in vol-
ume and value terms in 2011 than in 2010. Margins and profits
were affected by high costs of major raw materials such as epox-
ies, titanium dioxide, acrylics and metals. Jotun’s strategy of oper-
ating across a range of segments and geographies continued to yield
results with higher sales in parts of Asia and the Middle East that
offset slower sales in Europe. Jotun made considerable investments
in 2011, and major projects during the year included: new pro-
duction structure and construction of a new factory in Sandefjord;
a new factory in Malaysia; ongoing construction of new factories
and buildings in China and the United States; factory expansion in
the UK; purchase of land in Russia and Indonesia; world-wide im-
plementation of new business support information technology. The
Jotun Group has 70 companies and 38 production facilities on all
continents. Including the total network of legal companies, agents,
branch offices and distributors Jotun is represented in more than 80
countries. Jotun’s operations cover development, production, mar-
keting and sales of various paint systems and products to protect
and decorate surfaces in the residential, shipping and industrial
markets. The Jotun Group has today 7,800 employees with its
headoffice located in Sandefjord, Norway. During the year Jotun
Paints launched Jotashield Extreme, an exterior paint product, in
the UAE in response to the growing demand for heat-reflective and
eco-friendly paints in the country. Jotun Powder Coatings launched
its new line of eco-friendly products, Guard Gaze, Guard Miles and
Guard Miles+. The three new powder coatings have been devel-
oped to meet the growing demands and requirements of industrial
manufacturers.
www.coatingsworld.com
Coatings World | 57
