Coatings World - July 2015

Jotun Group is divided into seven regions: Scandinavia, Western Europe, Eastern Europe and Central Asia, Middle East, India nd 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 33 production facilities in 20 countries, 68 companies in 43 countries and is represented in more than 90 countries around the world. Marine coatings comprised 27 percent of sales, Decorative paints 37 percent, Protective coatings 26 percent and Powder coatings 10 percent.

The company’s long-term growth trend continued in 2014, with
improved sales in most segments and regions. Decorative Paints:
Jotun manages the sale of both interior and exterior paints to the
consumer and professional market through a global network of ap-
proximately 7,000 shops. In 2014, Jotun achieved growth in the
Decorative segment, driven by strong sales in the Middle East, South
East Asia and Turkey. Despite challenging market conditions, Jo-
tun’s results in Scandinavia improved over 2013. Protective Paints:
Jotun sells protective coatings to multiple industries and compa-
nies active in offshore, energy, infrastructure, the hydrocarbon pro-
cessing industry and mining industries. In 2014, Jotun introduced
a number of products to help differentiate Jotun from competing
coatings manufacturers. In response to increased public awareness
of environmental issues, Jotun has developed a broad range of wa-
terborne products, and is developing several pipeline solutions that
combine both protective and powder coatings.

PUBLIC COMPANY YEAR ESTABLISHED: 1926

REVENUE: $1.767 billion t (2013: $1.965 billion)

MARKETS SERVED

• Decorative paints • Marine and protective coatings • Industrial coatings • Powder coatings

KEY EXECUTIVES

Morton Fon, president and CEO; Bård K. Tonning, decorative paints; Esben Hersve, performance coatings;

Ram Ramnath, powder; Geir Bøe; Bjorn Wallentin, protective.

16Jotun AS andefjord, Norway www.jotun.com

Comprised of more than 20 companies, the Masco family op- erates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world.

Masco Corp. reported net sales of $2 billion, representing 23 percent of total net sales for Masco. The company produces architectural coatings including paints, primers, specialty paint products, stains and waterproofing products. The products are sold in the U.S. and Canada through do-it-yourself channels under brands including Behr and Kilz. The firm’s high profile Behr products are sold through The Behr Process Corporation to The Home Depot, the segment’s and the company’s largest company.

Behr Paints recently introduced its new BEHR PRO profes-
sional-grade line formulated specifically with the professional in
mind for both interior and exterior projects. The series offers
advanced application properties such as superior touch-up, ex-
cellent hide and maximum coverage for high-turnover and price-
driven environments.

The new BEHR PRO paint series is available at The Home Depot and includes: i100 Series Interior Paints, designed for production environments found on high-turnover property management projects such as multifamily and single-family rentals; i300 Series Interior Paints, delivering solid application properties such as high hide with excellent spray, brush and roll characteristics, minimal sag and superior touch-up and e600 Series Exterior Paints offering exceptional sprayability, uniform finish, with minimal surfactant leaching and high-caliber touch-up.