Marine and Protective Coatings

Ferry (photo)
  • Improved our profitability levels – despite higher raw material costs – through portfolio simplification, a keen focus on selling prices and cost savings
  • Slowdown in new build activity in the marine sector continued, despite a recovery in contracts for some vessel types
  • Positive trends and increasing market activity indicate a return of opportunities in oil and gas, albeit slowly
  • Completed the construction of a new €12 million complex in Felling, UK, which will offer world-leading testing and laboratory facilities when it opens in 2019
  • A major highlight was the Volvo Ocean Race. Every boat in the race was protected with our products, bringing us closer to our customers and providing a global stage to showcase the performance of our key brands
  • Our Awlgrip Quick Build range – launched in North America and Europe – is driving significant productivity benefits for boat builders. It also won the Innovation award for Boat Care and Maintenance at the 2018 International Boatbuilders’ Exhibition and Conference (IBEX)
  • Extended our long-standing relationship with shipping giant Nakilat, agreeing to the continued supply of Intersleek 1100SR biocide-free foul release coating to their fleet
  • Continued our focus on sustainable shipping by launching new products to help customers meet increased regulations in China. Also continued our partnership with The Ocean Cleanup
  • Our technology leadership in passive fire protection continues. Chartek 2218 has been used to protect oil and gas assets located in harsh Arctic conditions
  • Interchar 3120 was launched to deliver epoxy fire protection with a step-change in aesthetics for the infrastructure market
  • Introduced several new concrete protection and repair products to International’s Intercrete range, through the integration of the Flexcrete Technologies Ltd business acquired in 2017

Some of our customers

  • Bechtel
  • Brunswick
  • ExxonMobil
  • Feadship
  • Florakis
  • GE
  • Hapag Lloyd
  • Hyundai Heavy Industries
  • Lürssen
  • Pinmar
  • Rio Tinto
  • Sandvik
  • Shell
  • Siemens
  • Teekey

Revenue

in € millions

Marine and Protective Coatings – Revenue (bar chart)

Key brands

Marine and Protective Coatings – Key brands (logos)

Geo-mix revenue by destination

in %

Marine and Protective Coatings – Geo-mix revenue by destination (pie chart)
VOC

Volatile organic compounds.