AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Higher prices rather than lower quality is Jotun broadbrush tactic.
(From Lloyds List)
MARITIME paint manufacturer Jotun has been forced to raise prices across its range of marine coating products as Chinese economic expansion has driven escalating raw material costs.
Norwegian manufacturer Jotun, one of the world`s leading paint makers and suppliers, said it faced either a price increase or reducing the quality of its anti-corrosion and fouling paints.
'Faced with the current economic challenges we had the option of reducing the quality of our products or raising prices,' said European marine director Nick Scotland.
'We believe strongly in maintaining the high performance of products that our customers have come to expect from Jotun, therefore we have regrettably chosen to raise prices.'
Key factors forcing the increase were the change in the cost of metals, specifically copper and zinc, epoxy resins and oil and petroleum derivatives.
'These are a result of the improving economic climate, especially in China, which is driving up demand for raw materials,' Mr Scotland explained.
- Marine coatings market: with the International Maritime Organization's TBT...
- Magazine article from: Coatings World Wright, Tim May 1, 2007 700+ words
...to the healthy growth of today's marine coatings market. For one, the demand for...ships. The strength of the global marine coatings market is due in part to new construction...strategic marketing, PPG protective and marine coatings. "For 2007, we expect similar strong...
- Grow Group Inc.'s Devoe Marine Coatings Co. division names Robert H. Osmer vice...
- Press release article from: PR Newswire December 3, 1987 700+ words
GROW GROUP INC.'S DEVOE MARINE COATINGS CO. DIVISION NAMES ROBERT...3 /PRNewswire/ -- Devoe Marine Coatings Co. Divison of Grow Group...president-Marketing for Devoe Marine Coatings Division. He continues to...
- Chinese Markets for Marine Coatings Presents Long-Term Forecasts Through To...
- Press release article from: M2 Presswire January 5, 2009 700+ words
...and Markets: Chinese Markets for Marine Coatings Presents Long-Term Forecasts Through...addition of the "Chinese Markets for Marine Coatings" report to their offering. Chinas demand for Marine Coatings has grown at a fast pace in the...
- Marine coatings market: increasing fuel efficiency through the use of...
- Magazine article from: Coatings World Pianoforte, Kerry May 1, 2008 700+ words
...ship owners and operators. While marine coatings are most often credited with providing...annually," he added. Growth in the marine coatings market can be also be attributed to...which again leads to a high demand for marine coatings," said Morten Eikenes, group category...
- NPCA/FSCT to host international marine coatings conference.(Association News)
- Magazine article from: JCT CoatingsTech March 1, 2009 700+ words
...information on state-of-the-art marine coatings technologies with a focus on practical...them throughout the value chain of marine coatings, from basic and applied research...facilitate interaction among the diverse marine coatings professionals and academic personnel...
- Research and Markets: Chinese Markets for Marine Coatings Presents Long-Term...
- Press release article from: Business Wire January 6, 2009 700+ words
...addition of the "Chinese Markets for Marine Coatings" report to their offering. Chinas demand for Marine Coatings has grown at a fast pace in the...II. BUSINESS ENVIRONMENT * III. MARINE COATINGS INDUSTRY ASSESSMENTS * IV. MARINE...
- Valspar to Divest Marine Coatings Business.
- Press release article from: PR Newswire February 2, 1999 700+ words
...that it has agreed to sell its marine coatings business to Jotun AS of Sandefjord, Norway. Valspar's marine coatings business had revenues of $25...after the close. Valspar's marine coatings business has maintained a strategic...
- Forum on marine coatings commits to global harmony.(INDUSTRY news)
- Magazine article from: Paint & Coatings Industry May 1, 2006 700+ words
...has held its first global forum on marine coatings in Tokyo. Since the shipbuilding...the composition and application of marine coatings. About 50 participants from Europe...the trends in the global marine and marine-coatings industry, technical developments...
