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20 September 2020 The on-line newspaper devoted to the world of transports 09:39 GMT+2

December 17, 2019

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I renew of joint venture between COSCO Shipping International and Jotun in the field of paintings navalii

Jotun COSCO Marine Coatings is leader of the market in China

The COSCO Shipping International (Hong Kong) Co., society integrally controlled from shipowning group Chinese COSCO Shipping, has renewed the joint venture agreement of with the Jotun Norwegian, company specialized in paintings for the construction industry and other fields between which that marine one. The understanding, that it is in existence from 2005, has made of joint venture joint Jotun COSCO Marine Coatings (JCMC) the society leader in China in the naval painting supply graces to a quota 36% of the Chinese market that salt to 50% relatively to the segment of the new constructions.

JCMC, that it has an own plant to Qingdao, has offices to Hong Kong, Guangzhou, Shanghai, Dalian, Qingdao and Fuzhou and appoints to a job 700 people.

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