Marine and Protective Coatings
key developments 2016

  • Revenue was down 7 percent, with increased volumes more than offset by adverse currency and price/mix effects
  • Two next generation fouling control technologies were launched – Intercept 8500 LPP and Intersleek 1000 – which are designed to deliver sustainable, enhanced vessel performance
  • We continue to launch more digital solutions, such as our Event Reporting System, to provide rapid inspection and reporting capabilities during maintenance at dry dockings
  • Protective Coatings continued to outgrow the market in the oil and gas (upstream and downstream) and power segments. We also defended our market position in mining
  • Significant sales were made to the huge Yamal LNG project inside Russia’s Arctic Circle. Our products will provide protection in some of the planet’s harshest conditions
  • We developed the Intergard 250g/ltr primer range, which is higher in volume solids, helping customers increase their productivity by using less paint and reducing waste
  • Our certified engineers developed structural analysis techniques supported by bespoke in-house fire testing to design fire resistance packages for several iconic buildings

Some of our customers

  • APM Maersk
  • Bechtel
  • Brunswick
  • ExxonMobil
  • GE
  • Hapag Lloyd
  • Hyundai Heavy Industries
  • Rio Tinto
  • Sandvik
  • Shell
  • Siemens

Top raw materials

  • Epoxy resins and organic solvents
  • Epoxies
  • Copper/zinc
  • Curing agents

Key cost drivers

  • Oil feedstock chain
  • Metals, base chemical prices