The company’s product called “ThermaSiC” is now undergoing a qualification process with a selection of partners, and if ThermaSiC works as intended, the company will be able to offer a “coating” that is more durable and lighter than competing products on the market today. Use cases for ThermaSiC include, but are not limited to, the automotive industry, aviation and aerospace, metallurgy, processing industries, offshore, and various industrial parts and applications.

Seram Coatings’ head office is at Herøya Industrial Park in Porsgrunn, Norway. At Herøya Industrial Park, the company has a production line with an annual capacity of approx. 1000 kg ThermaSiC. The production line is scalable to significantly higher volumes if the product reaches “Proof of Concept”.

Kistefos is the largest shareholder in Seram Coatings with 28.2% of the share capital.

For more information, please visit www.seramcoatings.com.

Nishant Fafalia

Investment Director

Lars Petter Utseth

Investment Analyst

Key facts

Sector

Industrial coating

Country

Norway

Ownership

28.2%

Entry

2020

Board of directors

Chairman

Sverre Skogen

Member

Lars Petter Utseth

Member

Knut Brundtland

Member

Birger Solberg

Member

Rune Fløgstad

Member

Lars Petter Maltby

Member

Rita Glenne

Member

Nuria Espallargas

Member

Trond Gifstad

Management

CEO

Jens Lehrmann

CTO

Stian Sannes