Kansai and Jotun collaborate on protective coatings
Kansai Paint has signed a general agreement with Jotun to collaborate on protective coatings, and to expand their global protective coatings business.
Kansai Paint established an alliance (“Sea Star Alliance”) with Jotun in the Marine business in 2002. The two companies have since built an intimate relationship, and together they have attained the No 1 position in terms of global market share. Now, both companies have agreed to seek synergy in the protective coatings business, by extending this long-term relationship.
Morten Fon, President and CEO of Jotun, said ”I believe that we based on our long relation and good cooperation has made a good basis to develop this together.“
Hiroshi Ishino, President and CEO of Kansai Paint added “I expect that we can go beyond with Jotun more quickly for infrastructure demand of protective segment that is expected to grow even more.”