Jotun AS - Company Profile
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Jotun AS (Jotun) is a paint manufacturing company. It develops, produces, and supplies a wide range of paints and coatings systems and related products for the treatment, protection, and beautification of surfaces. Its product portfolio includes paints, varnishes, tank coatings, primers, anti foulings, marine coatings, advanced corrosion protection, and tank coatings. The company caters to appliances, chemical plants, automotive, pipelines, and general industries, furniture, building components, energy, infrastructure, hydrocarbon processing, and storage tanks markets. It also supplies coatings solutions for mega yachts and leisure yachts. It operates a network of research and development centers, production facilities, and sales offices across the world. Jotun is headquartered in Sandefjord, Norway.
Headquarters
Norway
Address
Hystadveien 167, Sandefjord, Telemark, 3202
Website
www.jotun.com
Telephone
47 33 457000
No of Employees
10,043
Industry
Chemicals
Revenue (2022)
$2.9B
Jotun AS premium industry data and analytics
Products and Services
| Products |
|---|
| Decorative Paints: |
| Exterior Paints |
| Interior Paints |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company secured a contract from Norconsult to design a new binder production facility for Jotun in Gimle, Sandefjord. |
| 2022 | Corporate Changes/Expansions | In August, the company’s subsidiary Jotun Bangladesh Limited opened its maiden plant inside the Meghna Industrial Economic Zone (MIEZ) with an investment of US$7.6 million. |
| 2022 | Contracts/Agreements | In June, the company entered into an agreement with Emerson to automate and digitalize its global manufacturing facilities. |
Competitor Comparison
| Key Parameters | Jotun AS | PPG Industries Inc | Akzo Nobel NV | Hempel AS | Brillux GmbH & Co KG |
|---|---|---|---|---|---|
| Headquarters | Norway | United States of America | Netherlands | Denmark | Germany |
| City | Sandefjord | Pittsburgh | Amsterdam | Kongens Lyngby | Munster |
| State/Province | Telemark | Pennsylvania | - | - | Baden-Wurttemberg |
| No. of Employees | 10,043 | 52,000 | 35,000 | 7,343 | 2,792 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Odd Gleditsch | Chairman | Executive Board | - | - |
| Morten Fon | President; Chief Executive Officer | Senior Management | 2005 | - |
| Vidar Nysaether | Executive Vice President; Chief Financial Officer | Senior Management | 2012 | - |
| Martin Chew | Executive Vice President - Performance Coatings | Senior Management | 2019 | - |
| Baard K. Tonning | Executive Vice President - Decorative Paints | Senior Management | 2013 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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