11. Masco Corp.
Taylor, Michigan/USA
www.masco.com
PUBLIC COMPANY; YEAR ESTABLISHED: 1929
REVENUE: $2.1 billion s (2015: $2.02 billion)
MARKETS SERVED
Architectural coatings
KEY EXECUTIVES
Keith Allman, president and CEO; Amit Bhargava, vice president, strategy and corporate development.
Masco Corp. reported net sales of $2.1 billion, represent- ing 28 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.
Each year, the team of color experts at Behr immerse themselves
in an extensive process to curate the latest hues by examining trends
in art, product design, fashion and architecture. This forecast, paired
with the modern ways in which people live, results in the development of the BEHR Color Currents, an all-new collection of on-trend
paint colors. The 20 distinct hues of 2017 are available now at The
Home Depot, along with an exclusive in-store brochure that inspires
consumers to incorporate the hues into both their indoor and outdoor living spaces.
Behr takes a non-traditional approach to color forecasting. Instead of choosing just one dominant color of the year, its team of
experts create a collection of hues that are curated into separate
themes, empowering individuals to choose colors and color combinations that speak to their moods, emotions and personalities. For
2017, the colors center around three overarching lifestyle themes:
Comfortable, Composed and Confident.
12. Jotun AS
Sandefjord, Norway
www.jotun.com
PUBLIC COMPANY; YEAR ESTABLISHED: 1926
REVENUE: $1.87 billion s (2015: $1.236 billion)
MARKETS SERVED
Decorative paints; Marine coatings; Protective 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.
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 37 production facilities in 21 countries, 63 companies
in 45 countries and is represented by more than 100 countries cound
the world. The company has 9,819 employees. Decorative coatings
comprised 39 percent of sales, marine coatings 27 percent, protective coatings 24 percent and powder coatings 10 percent.
Jotun has opened a new R&D center at its site in Flixborough, UK.
The facility will focus on passive fire protection and insulation coatings
innovation. The company is now seeking to expand its specialist team of
fire protection chemists and products in response to increasing demand
within the infrastructure, oil, gas, petrochemical and energy sectors.
“We’re experiencing sustained growth in our advanced fire protection coatings segment and we want to build on that momentum,”
explained James Irving, Jotun R&D manager. “We already have a
cutting-edge fire and insulation research facility in Dubai, United
Arab Emirates, and this new center will work in tandem with that
established team, increasing capacity and accelerating new developments. The UK is a center of excellence for passive fire protection
technology, with a strong network of third party test facilities, classification societies and safety specialists. It’s therefore an obvious
choice for this major investment, which we believe will help attract
exactly the kind of dedicated, high-level talent we’re looking for to
develop further ground-breaking passive fire protection solutions.”
Jotun has owned and operated the Flixborough site since 1989.
The new investment will see the creation of a 1,600 m² two-floor
facility, featuring two furnace areas (to test intumescent paints),
laboratories, mill rooms, offices and plant space. In addition, an
impressive atrium and viewing gallery will overlook the application
spaces and conditioning rooms, while a VIP area will provide clients
with a unique perspective of the furnaces, giving them a first-hand
view of the fire testing process.
