22 OUR BUSINESS PROTECTIVE COATINGS BUILDING TRUST Supplying to the Hydrocarbon Processing Industry requires a comprehensive product portfolio, excellent service and deep knowledge about the needs of different owners operating highly complex processes. The Hydrocarbon Processing Industry (HPI) includes gas facilities, refineries, petrochemical plants, tank farms and fertiliser plants, among other specialised installations. Over the past five years, growing demand for petrochemical products has resulted in increased global investment in HPI, creating a significant growth opportunity for Jotun. MANAGING COMPLEXITY Due to the scope and complexity of these installations, serving the HPI industry represents some genuine challenges. While most maintenance sales are local, winning contracts for new projects requires a global approach to specification management combined with strong local support. To remain competitive, Jotun must continue to develop innovative functional coatings and adapt existing products to meet project specifications. And because many HPI facilities are in remote locations, ensuring maintenance products are available where they are needed can represent a logistical challenge. In 2016, Jotun introduced Jotachar 1709, a mesh-free epoxy passive fire protection material for pool fires, and Jotatemp 250, a two-component glass flake reinforced epoxy coating for service in high temperature operations. The company initiated
Jotun Group Report 2016
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