Jotun factory egypt

The firm is one of 20 owned by the Ministry of Military Production. Local businessmen and foreign investors are concerned. Filed May 16,11 a.

jotun factory egypt

These days he issues orders from an office that overlooks the Nile, as chairman of the Maadi Co. Maadi was founded in to manufacture grenade launchers, pistols and machine guns. In recent years the firm, which employs 1, people, has begun turning out greenhouses, medical devices, power equipment and gyms. It has plans for four new factories. Maadi is one of dozens of military-owned companies that have flourished since Abdel Fattah al-Sisi, a former armed forces chief, became president ina year after leading the military in ousting Islamist President Mohamed Mursi.

Other business interests range from fish farms to holiday resorts. In interviews conducted over the course of a year, the chairmen of nine military-owned firms described how their businesses are expanding and discussed their plans for future growth.

Figures from the Ministry of Military Production - one of three main bodies that oversee military firms - show that revenues at its firms are rising sharply. The International Monetary Fund warned in Sept.

Jotun (company)

Then the military helped by importing supplies and has since announced plans to build a formula plant. Sisi says the military can deliver large, complicated projects faster than the private sector. Inthe military and other security institutions were given exemptions in a new value-added tax VAT law enacted as part of IMF-inspired reforms. The law states that the military does not have to pay VAT on goods, equipment, machinery, services and raw materials needed for the purposes of armament, defense and national security.

The Ministry of Defense has the right to decide which goods and services qualify. Civilian businessmen complain that this can leave the system open to abuse. Receipts for a cup of coffee at private sector hotels, for example, add 14 percent VAT.

Mahabubnagar JOTUN Paints - Mahabubnagar Paints - Jotun Paints in Mahabubnagar - Jotun Paint Shop AP

Receipts at military hotels do not. Neither the Egyptian government nor the military responded to Reuters requests for comment for this article.For more than 90 years, Jotun has been a pioneer in developing new products which have changed how the world perceives paint. Today, Jotun provides coating solutions across seven regions with 9, employees all over the world. In Egypt, Jotun has started its business more than 30 years ago and has been migrating from being a product-based to solution-based business in response to the market demands and industrial dynamics.

As more consumers and businesses are turning to paints and coatings to help solve different challenges, Jotun has expanded its service offering in every segment to meet specific end user needs. With a team that has the most qualified and certified coating advisors in the market, all projects are monitored and moderated thoroughly and instantaneously. Quality is the most important element when it comes to distinction, and according to Emam, it is often divided into two main parts.

First, production quality, which is fully controlled by a qualified team who assure the right implementation of production procedure and then test it in the quality control lab. Second, testing the application quality, which is handled by coating advisors that support customers and assure a proper surface preparation and application. Jotun has over 40 years of experience in the hydrocarbon processing industry with millions of square meters protected and hundreds of projects completed around the world.

This is done through longer protection, faster operations, and diversified specialist areas ex: corrosion under insulation, tank-linings, passive fire protection PFP, etc. As a result, Jotun has developed solutions to satisfy customer needs and provide perceived customer values In the Hydrocarbon Processing Industry HPIJotun innovated the Thermosafe range, a collection of five coating solutions optimized for temperature that ranges between —o C and 1,o C.

Jotun is following up with the steady growth in Egypt according to Kulbul, and to cope with this potential, Jotun has decided to invest in a new factory, which will be the biggest in the Middle East, India and North Africa MEIA region, with a production capacity of more than 80 million liters in one shift, in addition to the old factory in Ismailia with a capacity of about more than 40 million liters.

According to Kulbul, employees are working in Jotun Egypt as of today and the current factory is serving more than 32 years.Do you have these skills? Update your CV! Jotun has been present in the Middle East since and has expanded across the region to include 15 companies across the Middle East, India and Africa region.

Throughout our history, we have focused on providing our employees with learning and development opportunities and offering them meaningful and challenging work, guided by our four values of Care, Loyalty, Respect and Boldness.

Our employees tell us that we are on the right track: our latest regional survey, conducted by Hay Group, showed that a vast majority are highly engaged and view Jotun as a highly favorable company to work in. We have consistently scored significantly higher than the regional benchmark and on par with high performing global companies.

Presently the organization consists of team members. The Head office is located in New Cairo and there are 4 branch offices and 4 stock points spread throughout Egypt. By we will launch our new factory in 10th of Ramadan, that will be the biggest Jotun factory in the Middle East. Products By Bayt. Use Our Mobile App. Get Fresh Updates On your job applications, and stay connected. Download Now. Follow Following Followers. Employee Insights Intelligence Generated by Bayt.

Currently employed at this company: Jotun - Egypt hires employees from the below companies often:. Top Skills in:. Gender and Age. Mona Tharwat retail sales representative. Mona Shahin Project Purchasing Manager. Tarek Salem Senior Sales Executive. Mission Jotun Protects Property.Gulf News asked Erik Aaberg, group executive vice-president for Jotun Paints, if the paint business was different from others. Gulf News : Jotun Paints has a strong foothold in the Middle East and is catering to a very large range of customers.

Does this mean the business is somehow safe owing to its broad base? Erik Aaberg : First of all we have a long tradition in the Gulf. Our first factory was launched in to supply Dubai Drydocks with ship paint. Since then, we continuously expanded in the region in the industrial and decorative sector. Today, we are having a strong network in the decorative paints market, in marine coating as well as in protective and powder coating with a wide-ranging dealership.

The UAE, however, currently is still our biggest market in volume even as the region might have experienced a slowdown. Paints are a late cycle business, meaning that we are still supplying large projects which otherwise are already finished.

jotun factory egypt

Among the bigger projects, the order from the Dubai Metro is the biggest ever in the region for Jotun, and this will continue with the second phase, the Green Line. Also the marine paint sector is doing well. For the Metro, we used acrylic paint, bridge protection coating and fireproof paint. It was an order of around Dh million.

jotun factory egypt

Another huge project was the Burj Khalifa, for which we delivered interior paint, wall painting and protectives. Other orders came from Meydan, Palm Jumeirah, Arabian Ranches or Masdar City, where we are applying special paints for heat protection. It is right to assume that the impact of the slower business environment will follow later, of course.

There is no compensation for a big project such as the Dubai Metro. But we have not seen any orders being cancelled so far. However, there was [a] slowdown in the decorative paints segment of minus 12 per cent compared to May or June In Dubai, there are currently very few new projects coming in, we expect the next two to three business years to be quite slow compared to what we haven seen in the years before.

No, the partial slowdown in the Dubai is compensated by our activities in Abu Dhabi as well as in Qatar and Saudi Arabia, where a lot of projects are on the way. Our regional sales grew 8 per cent inand we expect a sales growth between per cent in Furthermore, the marine business and the coating segment for the oil and gas industry are stable.

In Dubai, I think But this also applies to the Western world. The Middle East is still a growth region. As I said, there are huge projects in Saudi Arabia under way, in Oman our growth was ten per cent last year, Qatar's upswing will continue, Egypt is very promising, and we look very closely at Iran, Syria and Jordan. We won't reach growth rates of per cent as we did two years ago, but we will still reach per cent.Jotun's new factory in Rusayl Industrial Estate has a production capacity of 50 million litres of paint per annum.

The new factory is built over an area of 60, square metres and has a production capacity of 50 million litres of paint per annum. The facility will have a lower carbon footprint and contribute to greater energy savings. According to Odd Gleditsch, chairman of Jotun Board in Norway, this capacity will fulfill market demands for the next 15 years.

The facility is equipped with multiple departments such as production, warehouse and administrative offices and will emit less VOC volatile organic compounds emissions due to reduced use of hazardous emissions during construction.

Bjorn Skjelby, general manager of Jotun Paints Oman, said that Jotun is enjoying a high demand in the market and expect to do more in the coming years in Oman. They were placed on your computer when you launched this website.

You can change your cookie settings through your browser. Home Construction Article oman 22 November, Jotun doubles production capacity with new facility in Rusayl. Azizi eyes 3, Dubai residential units' completion in Egypt's NUCA allocates 32 land plots in new cities. Dubai FM. Most Active Stocks.

Privacy Statement Cookie Policy.Jotun Paints Company completes the inauguration of a new factory in the 10th of Ramadan City during the second quarter of with an investment worth EGP 1. Mohamed El-Rifai, director of paints for the petroleum sector and marine services at Jotun company, said that the production capacity of the plant will be 70m litres per year with one shift.

The company is establishing the factory to expand its production size. Jotun possesses a factory in Ismailia province that produces 40m litres annually with three shifts. The Norwegian Jotun Group possesses 70 vendors in 44 countries around the world, and 14 production factories. The company spends large amounts of money annually to develop its marketing technology. He added that Jotun supplied paints to a large number of national projects, including three power plants implemented by Siemens in Borollos, Beni Suef, and the New Administrative Capital.

The company also supplied paints needed for the equipment and drilling machines at the Zohor field. The company is seeking to supply paints to the Dabaa nuclear power plant by the beginning of its implementation. He noted that the company has developed a strategy for the development of its products and the launch of new high-quality products to be commensurate with the tastes of consumers and distinguished by their colours and durability, thereby contributing to an annual sales increase.

He said that the company has operated in the local market since and had established its first factory in the city of Ismailia in He explained that the Egyptian market is attractive for investment and is characterised by the existence of legislation and laws that encourage the international companies to inject investments in all fields, especially after the security and economic stability currently experienced by the country.

He said that the lack of foreign currency in the Egyptian market affects the company in light of its dependence on the purchase of most of the raw materials used in production from Germany and Norway. Advertising Area. Business Jotun establishes paint factory worth EGP 1. February 21, Breaking News No current breaking news. Receive our daily newsletter.The Jotun Group is a Norwegian chemicals company dealing mainly in decorative paints and performance coatings marine, protective and powder coatings.

As of Decemberthe company has a presence in more than countries around the world, with more than 10, employees, 63 companies in 45 countries, and 37 production facilities in 21 countries. Jotun began as a paints and marine provisions provider in Sandefjord, Norway in the early s. Sandefjord was a popular homeport for whaling shipswhich used to get laid up in port every summer for repairs and maintenance.

The company's founder, Odd Gleditsch had worked on whaling ships and felt there was a demand for such a provider in this whaling town. During those days, paint stores usually sold pigmentsturpentine and linseed oil separately, leaving it to purchasers to buy and mix them.

He purchased a small existing chemical manufacturing factory called Jotun in In the early s, the company made its first popular ready paint called Arcanol which he marketed to ship owners and shipyards, a strategy that Jotun continued to invest in.

The s and 30s saw a boom in Norwegian shipping, especially in its drycargo and tanker fleet and Jotun was about to take advantage of this. To ensure an adequate stock existed in all principal ports for these Norwegian shipowners, Jotun began stocking paints in North Africa, Europe and the Americas. As the Middle East and Southeast Asian countries developed in the s, Jotun began to market its products to ship suppliers there.

The founder's son Odd Gleditsch Jr. Working with the Norwegian export council, he travelled to Libya where Jotun built its first overseas factory in InJotun opened its second international factory in Thailand. InJotun opened a trading office in Hong Kong.

Jotun - Egypt

During this time, Jotun established a separate company called "Jotun coatings" which focused on the manufacture of paints. In the s, the company began to develop powder coatings which would be solvent free. The Jotun Group has four divisions, with its head office in Sandefjord[4] Norway.

jotun factory egypt

From Wikipedia, the free encyclopedia. Jotun Group Type. Jotun paints international. Jotun official website. Retrieved 23 April Jotun international. Philippine Tattler. Retrieved 15 November Categories : Norwegian brands Chemical companies of Norway Sandefjord Chemical companies established in establishments in Norway Companies based in Sandefjord Paint manufacturers.

Hidden categories: Pages using web citations with no URL CS1 errors: external links CS1 Norwegian-language sources no Webarchive template archiveis links Pages using deprecated image syntax All articles with dead external links Articles with dead external links from February Articles with permanently dead external links Commons category link is on Wikidata.

Namespaces Article Talk. Views Read Edit View history. In other projects Wikimedia Commons. By using this site, you agree to the Terms of Use and Privacy Policy. SandefjordNorway. Chairman of the board. Orkla Group Wikimedia Commons has media related to Jotun company.


Leave a Reply

Your email address will not be published. Required fields are marked *