The penguin leaves home

The penguin leaves home
1962: An extremly important decision was made on the initiative of Odd Gelditsch Jr: the establishment of a paint factory in Libya. This was Jotun's overseas startup and Libya was chosen at the suggestion of the Norwegian Export Council because oil had been found there in 1959. At the same time Libya was a peaceful, but relatively poor kingdom. Oil was expected to bring rapid growth to the country's economy, and thus greater demand for paint. The new factory opened without problems and Jotun encountered a new and unknown culture. It also learnt an important lesson: it is vital to understand and respect the culture of the country you are moving into. This paved the way for future successes.

1968: A new paint factory was opened in Thailand and was the first of many successes in Southeast Asia.

1970: Jotun acquired UK company Henry Clark & Sons Ltd. This was an extremely important part of the company's strategy to become an international player in the marine coatings market. British shipping companies were extremely traditional, and it had proved difficult to break into the UK market. This was set to change now that Jotun had a well-known British company on board.

1974: Jotun acquired Baltimore Copper Paint Co, a US marine coatings factory.

1975: Jotun UAE in Dubai was founded and was Jotun's second company in an Arab country. The Dubai factory has, perhaps, played the greatest role in the internationalisation of Jotun. Jotun wins the Norwegian Export prize.

1976: The Singapore paint factory was opened. Jotun had already been represented for some years through a sales company in the country, which had gradually built up an extensive ship repair business.

1977: Vera UAE in Dubai, a factory for the production of glass fibre-reinforced polyester pipelines opened.

1978: Corro-Coat Thailand became Jotun's first powder coatings company outside Norway.

1980s: The 1980s were an exciting time for the company, characterised not only by expansion and innovation, but also by situations that called for tough decisions. Jotun had picked itself up again after the fire and went flat out to make a name for itself in the international market. 1983 alone brought the opening of three new paint factories: Jotun Saudia Co Ltd, Jotun (Malaysia) Sdn Bhd, El-Mohandes Jotun SAE in Egypt. Baltimore Copper Paint Co Ltd was closed in 1984. Corro-Coat (Malaysia) Sdn Bhd was set up. Jotun Paints LLC in Oman was formed.

1985: Jotun Powder Coatings Ltd was set up in the UK. Jotun Toz Boya (powder coatings) in Turkey was also taken over. A new marine coatings factory in Flixborough in the UK came online.

1990s: Expansion continued - the Jotun group became increasingly international.

1990: Corra-Coat UAE was founded in Dubai; Torné-Jotun in Spain came about through the acquisition of Spanich player Industrial Torné; Jotun started manufacturing paint in Australia as a result of the acquisition of Denso Dimet.

1991: A marine coatings factory, Chokwang Jotun, was established in South Korea; the paint factory Jotun Boya San ve Tic was established in Turkey.

1993: Corro-Coat Saudi Arabia was set up. Jotun Brignola, a marine coatings factory in Italy, was established. Jotun Ocean Paint Co Ltd in China was formed through the acquisition of a 51 % stake in a factory run by the Chinese state shipping company Cosco. Regional laboratories were set up in Dubai (for the Middle East) and Kuala Lumpur (for South-East Asia).

1995: Corra-Coat (CZ) in the Czech Republic opened. Jotun acquired a 25 % stake in the Finnish marine coatings factory Nor-Maali OY. The paint factory Jotun Abu Dhabi (LLC) was established. Red Sea Paint and binder factory Ratinjat in Saudi Arabia became part of the Jotun family.

1996: P T Jotun Indonesia opened and was the first company to manufacture both liquid and powder coatings. It was Jotun's 33rd new factory outside Norway.

1997: Jotun moved into South Africa through the establishment of Jotun Paints South Africa (Pty) Ltd. Vietnam: Jotun decided to build a paint factory here.

1998: Jotun's international SHE standard was introduced at all group production plants.

1999: USA: Jotun acquired Valspar's marine operation in the US and Canada. A new paint/powder coatings factory opened in Thailand and was Jotun's single largest investment to date. A regional laboratory for marine coatings was set up in South Korea.

2000: USA: Jotun acquired the marine coatings company PRS Inc. A new paint factory opened in Spain.





























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