46483 Wesel, Germany
Tel: +49 281 670-8
Fax: +49 281 670-10999
Sales: $300 million in printing ink and graphic arts coatings sales (Ink World estimate); €2.059 billion overall.
Major Products: Metallic inks and pigments; UV and water-based inks and coatings.
Key Personnel: Martin Babilas, CEO; Stefan Genten, member of the Management Board; Dr. Christoph Schlünken, member of the Management Board; Dr. Stephan Glander, president Division BYK Additives & Instruments, chairman of the Management Board BYK-Chemie GmbH; Dr. Wolfgang Schütt, president Division Effect Pigments, chairman of the Management Board ECKART GmbH; Dr. Guido Forstbach, president Division Electrical Insulation, chairman of the Management Board ELANTAS GmbH; Dr. Roland Peter, president Division Coatings & Sealants, chairman of the Management Board ACTEGA GmbH.
Number of Employees: 6,096
Comments: ALTANA AG passed the €2 billion mark for the first time in 2015, with sales increasing 5% to €2.059 billion overall. Earnings before interest, taxes, depreciation and amortization (EBITDA) was €391 million or 19%, fairly similar to 2014’s results.
“Despite unexpectedly sluggish demand development in some markets, ALTANA remained on track in 2015,“ said Martin Babilas, CEO of ALTANA AG. “We are very well positioned for further profitable growth, including growth under our own steam.”
The ALTANA Group consists of four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation and ACTEGA Coatings & Sealants. ECKART Effect Pigments and ACTEGA Coatings & Sealants play particularly large roles in terms of ink and graphic arts coatings.
In 2015, the ACTEGA Coatings & Sealants division achieved the strongest growth of all of ALTANA’s divisions. Following the acquisition of two companies in Brazil at the end of 2014, sales rose by 13% to €376 million. Operating sales in the ECKART Effect Pigments division grew by 5% to €350 million. The BYK Additives & Instruments division increased sales by 2% to €870 million.
In Early 2016, ALTANA combined ACTEGA WIT, the former Water Ink Technologies, a North American water-based ink maker, and ACTEGA Kelstar, which produces UV and water-based coatings for graphic arts for North America, into ACTEGA North America, Inc. By becoming ACTEGA North America, Inc., the company will have the ability to better service its growing customer base and offer them a superior product portfolio.
In March 2016, ALTANA agreed to sell its ACTEGA Colorchemie GmbH group to Siegwerk Druckfarben AG & Co. KGaA. Headquartered in Büdingen, Germany, ACTEGA Colorchemie produces water-based flexo printing inks, particularly for corrugated board packaging.