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); €2,075 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: 5,967
Comments: 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 sizable roles in terms of ink and graphic arts coatings.
ALTANA achieved again profitable growth and at the same time paved the way for a sustainable and successful future. Sales rose by 1% to €2,075 million; adjusted for acquisition and exchange rate effects, sales grew by 2% compared to the previous year. With Europe accounting for 39% of total sales, Asia for 31%, and the Americas for 28%, the ALTANA Group’s sales distribution according to regions continues to be balanced.
“2016 was a very good year for ALTANA. In a challenging market environment, we were able to increase our sales and earnings,” said Martin Babilas, CEO of ALTANA AG. “We are well on track for further profitable growth.”
To exploit ALTANA’s potential even better in the long run, the company developed an agenda for the future.
“With our ‘Keep Changing Agenda,’ we are creating the prerequisites for accelerating our growth, especially under our own steam,” Babilas noted. “We want to create sustainable value – for our customers, employees, our shareholder, and society as a whole. We consistently align our entire organization accordingly. We want to differentiate ourselves from the competition to an even greater extent through innovations, but also increasingly through sustainability, beyond our products and our customers’ manufacturing processes.
“Outside of our laboratories, too, we can only be successful in the long run if we firmly anchor ecological and social aspects in our company,” he added. “This is our understanding of sustainability and we have ourselves measured on this basis. The fact that we received the Gold Status in the renowned EcoVadis sustainability rating shows that we have already achieved a high standard.”
In March, ALTANA sold ACTEGA Colorchemie, which can now develop significantly better within the Siegwerk group. Conversely, in July the company acquired Addcomp Holland B.V., adding two new sites to its BYK division. At the same time, ALTANA continued to invest above-average amounts in R&D, totaling €129 million or 6% of sales. An example of the targeted expansion of the company’s R&D activities is the doubling of laboratory capacities of ACTEGA Rhenania in Grevenbroich.
For the 2017 fiscal year, ALTANA expects the global economy to exhibit slightly stronger growth than in the previous year and overall increasing sales volumes. In this environment, ALTANA anticipates to achieve operating sales growth of 2% to 5% with slightly lower earnings profitability. While acquisitions are expected to contribute to sales, the company’s nominal sales growth may be influenced by exchange rate changes that are difficult to predict.