JOTUN A / S News

Jotun marks solid progress for 2021, but outlook is uncertain

Jotun achieved record high revenue of NOK 14 975 million in the first eight months of 2021. The operating profit was NOK 2 496 million, but high raw material prices put pressure on the operating margin. Sales in the segments for Decorative Paints, Performance Coatings and Powder Coatings have shown a positive development so far this year. In the Marine Coatings segment, Jotun has experienced a decline in sales due to reduced newbuilding activity for ships. The strong growth in the first eight m...

New study reveals vessels using Jotun HPS reported 20% lower carbon intensity in operations

  Based on the latest carbon emissions MRV data published by the EU, it can be seen that cargo vessels using Jotun’s Hull Performance Solutions (HPS) reported a 20% lower carbon intensity on average in operations compared to non-HPS peers in 2019 and 2020.  Cross-checked statistics also indicate lower carbon emissions than from vessels known to be sailing with some “low-friction” foul-release silicone coatings that claim to offer market-leading performance. Only co...

Nor-Shipping to bring Ocean Now to deliver value, insights, analysis to the maritime industry

Ocean Now will also build excitement for Nor-Shipping 2022 – the first ‘winter’ Nor-Shipping, taking place 10-13 January in Oslo and Lillestrøm, Norway. “Originally, 1 June was set as the date of Nor-Shipping 2021, but, of course, the pandemic put paid to those plans,” comments Per Martin Tanggaard, Nor-Shipping Director. “So, we wanted to create something to help fill the gap left by the lack of physical gatherings, providing an event where the indust...

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