07.14.11
19 Hempel A/S
Kgs. Lyngby, Denmark
PUBLIC COMPANY
YEAR ESTABLISHED: 1915
REVENUE: $1.2 billion (2009: 1.1)
MARKETS SERVED
• Architectural coatings
• Marine and protective coatings
• Container coatings
• Yacht coatings
• Decorative coatings
KEY EXECUTIVES
Pierre Yves Jullien, group president and CEO; Kim Junge Andersen, group executive VP and CFO; Key managers: Jannik Allentoft, marine; Sueno Johnsen, protective; Lars Hermansen, container; Christian Ottosen, yacht; Soren Nyburg Rasmussen, technical director.
The state-of-the-art facility in Polinyà (Barcelona) previously focused on developing Hempel’s range of antifouling coatings and developing products for Spanish customers. Now, after €2 million expansion project, the R&D Centre is able to apply its knowledge to support European businesses with protective, decorative and yacht coatings developed specifically to meet European and country legislation.
Hempel also opened a new manufacturing facility in Buk, Poland. Able to produce the company’s full range of coatings for the Central and Northern European market, the factory has a total capacity of 40 million liters a year and can be expanded to supply 60 million liters a year if needed. The €25 million project was completed in nine months.
At the end of the year Hempel opened a new manufacturing facility in Guangzhou, China that includes a new research and development center, which is the third largest R&D facility within the Hempel Group. With 56,000 square meters of space, Hempel’s newest and largest factory, located in Guangzhou, China, is expected to produce more than 42 million liters of coatings per year, with a maximum production capacity of 55 million liters.
The Guangzhou factory replaces Hempel’s oldest Chinese factory in Shekou, China. Hempel’s Guangzhou factory was completed in 14 months at a cost of approximately €22.5 million.
At the start of 2010 Hempel opened a new R&D center in Barcelona, Spain. The expanded center will enable Hempel to develop and customize products faster, respond to customer needs more efficiently and help customers conform to rapidly changing environmental legislation. Hempel’s R&D investment program called for the expansion of its existing laboratory in Spain.
The state-of-the-art facility in Polinyà (Barcelona) previously focused on developing Hempel’s range of antifouling coatings and developing products for Spanish customers. Now, after €2 million expansion project, the R&D Centre is able to apply its knowledge to support European businesses with protective, decorative and yacht coatings developed specifically to meet European and country legislation.
Hempel also opened a new manufacturing facility in Buk, Poland. Able to produce the company’s full range of coatings for the Central and Northern European market, the factory has a total capacity of 40 million liters a year and can be expanded to supply 60 million liters a year if needed. The €25 million project was completed in nine months.
At the end of the year Hempel opened a new manufacturing facility in Guangzhou, China that includes a new research and development center, which is the third largest R&D facility within the Hempel Group. With 56,000 square meters of space, Hempel’s newest and largest factory, located in Guangzhou, China, is expected to produce more than 42 million liters of coatings per year, with a maximum production capacity of 55 million liters.
The Guangzhou factory replaces Hempel’s oldest Chinese factory in Shekou, China. Hempel’s Guangzhou factory was completed in 14 months at a cost of approximately €22.5 million.
