YEAR ESTABLISHED: 1876
REVENUE: $10 billion t (2013: $11.174 billion)
• Adhesives • Sealants • Special Purpose coatings
Kasper Rorsted, chairman and CEO; Jan-Dirk Auris, executive VP Adhesive Technologies and member of the board. Senior VPs of Adhesive Technologies: Ramon Bacardit, Research; Julian Colquitt, North America, General Industry; Jean Fayolle, Packaging Industry; Eric Holzbacher, Africa/Middle East, Consumer and Building Industry; Paul Kirsch, Transportation and Metal Industry; Michael Olosky, Asia Pacific; Matthias Schmidt, Financial Director; Alan Syzdek, Electronics Industry.
Henkel’s Adhesives Technologies business sector comprises five business units: Adhesives for Consumers, Craftsmen and Building, Transportation and Metal: General Industry; Packaging, Consumer Goods and Construction Adhesives; and Electronics. Adhesives were up 3.7 percent with sales of $10 billion.
“The economic environment for the Adhesive Technologies business unit was characterized by moderate growth in our relevant markets,” said Henkel CEO Kasper Rorsted. “Economic growth was lower than initially forecasted, particularly in the emerging markets but also in the mature markets of North America and Western Europe. Performance in the relevant industrial segments also remained below expectations. Private demand weakened slightly versus the previous year. In these difficult underlying conditions, the Adhesive Technologies business unit exceeded overall growth in the markets of relevance, thus extending its leading position in the world market.”
Henkel recently held a groundbreaking ceremony with 200 guests to commemorate the construction start of its 20,000 square meters adhesives factory in Kurkumbh, near Pune, India. The new plant will be India’s largest adhesives plant and is expected to start production by early 2017.
The construction of the new adhesives factory is part of Henkel’s global strategy to expand its capacities and grow business in the emerging markets. Currently, Henkel generates 44 percent of its total sales in the emerging markets. With the new site, Henkel will reinforce its position as the leading solution provider for adhesives, sealants and functional coatings.
The multi-technology plant will allow Henkel to work closely with its customers in developing solutions. It will serve various customers in the automotive and metal industry, and in other industrial sectors. In the future, about 500 people will be employed at the plant.
Henkel recently acquired The Bergquist Company, a privately-held and leading global supplier of thermal-management solutions for electronics applications. Bergquist’s products include Sil-Pad thermally conductive interface materials, Gap Pad electrically insulating and non-insulating gap fillers, Hi-Flow phase change grease replacement materials, Bond-Ply thermally conductive adhesive tapes and Thermal Clad insulated metal substrates.
“With this acquisition – which is in line with our global strategy to invest in complementary leading technologies – we are strengthening our position as a global market and technology leader,” said Jan-Dirk Auris, executive vice president Adhesive Technologies. “Bergquist’s track record in developing unique thermal-management solutions fits with our commitment to provide best-in-class customized solutions.”
Bergquist’s strong business presence in the Asia Pacific region will further advance Henkel’s production and R&D capabilities and help deliver greater sustainable solutions to the region, the company stated.
• Bonderite magnesium coating: Henkel has developed a protective electroceramic coating for magnesium that can be used, for example, to coat light metals in mobile devices. This innovative technology offers outstanding protection against corrosion, friction and wear. It also enables product weight savings and efficiency improvements in the manufacturing process.
• New technology platform: An innovative technology toolbox enables synthetic polymers to be replaced by renewable raw materials. This allows a variety of materials such as liquid applied sound deadeners from Teroson to be specifically tailored to each application. These acoustic solutions weigh up to 30 percent less than synthetic dampening products while providing the same or better vehicle performance.
• Loctite TAF: The flexible heat-absorbing films from the Loctite TAF series lower the processor and housing temperatures of mobile devices by more than 3˚C. Therefore they improve design flexibility and device performance while enhancing user comfort.