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Article: Jotun targets 20% market share.
- Article from:
- Arab News (Jeddah, Saudi Arabia)
- Article date:
- April 8, 2009
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Byline: P.K. Abdul Ghafour
JEDDAH: Jotun Paints, whose sales in Saudi Arabia reached SR1.4 billion, aims to capture a market share of 20 percent, Gunnar Thoresan, managing director of Jotun Saudia Co. Ltd., said yesterday while launching the company's two new products -- SuperDurable and Heritage High Build.
The launching ceremony at Jeddah Hilton marked the silver jubilee of Jotun Saudia. One of the world's leading paint manufacturers, Jotun has a strong presence in the Kingdom with 200 shops and showrooms across the country. It has 39 factories worldwide including three in Saudi Arabia.
"Our new factory in Yanbu will be ready by July," ...