Press Archive 2019

Dr. Matthias L. Wolfgruber new Chairman - The Supervisory Board of the specialty chemicals group ALTANA has reconstituted itself. The Supervisory Board elected Dr. Matthias L. Wolfgruber, who has been a member of the Supervisory Board of ALTANA AG since March 2016, as its new chairman.

Dr. Tammo Boinowitz (53) will become managing director of BYK-Chemie GmbH based in Wesel as of January 1, 2021. After a two-month training and transitional phase, he will also become the President of BYK, the largest division of the specialty chemicals group ALTANA.

• Sales of € 2,249 million, nearly 3 percent below the strong level of the previous year
• EBITDA reaches € 416 million
• Research and development expanded further, R&D expenditure increased by 7 percent
• High investments in international sites and digitization

The specialty chemicals group ALTANA has completed the acquisition of the overprint varnish specialist Schmid Rhyner AG, which was previously part of the Swiss Conzzeta Group.

• Investment: around EUR2 million
• Administration, production and R&D on 12,000 square meters
• Commissioning of ultra-modern 500 square meter laboratory

• By 2025 the specialty chemicals group will reduce its CO2 impact from production and energy procurement to zero worldwide
• Complete conversion to green electricity already in 2020
• Call for significant strengthening of renewable energies

ELANTAS, a division of the specialty chemicals group ALTANA, is acquiring the wire enamels activities of Hubergroup India and thus growing its business in India.

• Strategic expansion of ALTANA’s ACTEGA division
• Acquisition includes production, research, and development in Switzerland and a subsidiary in the U.S. with a total of around 80 employees

• The world's first 3D printer that combines previously unattainable productivity with high precision via a continuously rotating print platform, thus pointing the way from prototyping to industrial series production
• This allows components to be produced up to 20 times faster in larger numbers and with a maximum build volume of around 700 liters
• The technology can process a wide variety of materials in a single pass using the Multi Material Jetting process
• The modular design also enables uninterrupted combination with other automated processes, such as assembly with electronic components (pick & place)

• New building inaugurated for around 140 IT and digitalization employees
• Innovative work environment of around 3,000 square meters co-designed by employees
• 9 million euros invested

With its latest innovation for thermoplastics, BYK contributes to serve the growing demand for sustainable solutions and enabling developments related to the needs of the automobile industry for lightweight construction. At K 2019 (Booth E17, Hall 5, October 16 to 23, Dusseldorf), the world’s no. 1 trade show for plastics, BYK presents BYK-MAX CT 4270

Dr. Stephan Glander, President of ALTANA’s BYK division, is leaving the company by mutual agreement in order to take up new challenges outside the ALTANA Group. For the next months, he will support the ALTANA Management Board in a strategic consulting role. ALTANA Management Board member Dr. Christoph Schlünken will take over the divisional management of BYK and all related functions ad interim with immediate effect until a successor for this position is found.

• Includes all technology and products
• Will be incorporated into the Instruments Business Line of ALTANA’s BYK division
• Strengthens position as technology leader in instrumentation solutions with refinish color matching and formulation software for automotive OEM

• Strong investments in research and development, digitalization, and locations worldwide
• Sales decline by 4 percent to 1,154 million euros
• EBITDA margin reaches 19.2 percent
• Forecast for the year as a whole: sales roughly at previous year's level

• Includes all technology, products, and the ongoing business of the company
• Will be incorporated into the Instruments Business Line of the BYK Division of ALTANA
• Strengthens position as technology leader in Physical Testing Instruments and expands business mainly in the Americas

The specialty chemicals group ALTANA has acquired the operating assets of the Paul N. Gardner Company Inc. of Pompano Beach FL, USA. Within the ALTANA Group, the business will be integrated into the Instruments Business Line of the BYK Division (BYK-Gardner), and will continue to operate as Paul N. Gardner.

• “Jugend gründet” nationwide final on June 24 and 25, 2019, at the Porsche Training Center in Stuttgart
• The prize: a trip to one of the largest research and development sites of the specialty chemicals company ALTANA in the U.S.

• Investment: around 10 million euros
• Space for research and development doubled
• New headquarters for simulation of future packaging trends

• Specialty chemicals company expanding its presence in Asia through biggest single investment in China so far
• New integrated site to better serve needs of customers locally

• Sales increase by 3 percent to €2,307 million
• EBITDA reaches €431 million
• Research and development expenditure increases by 8 percent

BYK-1786 to showcase at ECS 2019