Altana AG - Company Profile
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Business Description
Altana AG (Altana) carries out the development, production and sale of specialty chemical products. The company's products include additives, special coatings and adhesives, effect pigments, sealants, impregnating resins and varnishes, and testing and measuring instruments. The company operates through four divisions, BYK, ECKART, ELANTAS and ACTEGA.
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R&D Overview
Altana has expanded its Research and Development (R&D) efforts by promoting digitalization and executing strategic acquisitions. The company's divisions are active worldwide with their own production sites, sales offices, and R&D laboratories. Altana focuses on innovation as a key factor, offering new, competitive solutions to meet current requirements regarding performance profile, costs, environmental protection, and sustainability. The company identifies global technology trends at an early stage and is immediately involved in new development fields. Altana also combines competencies across divisions to establish innovative solutions more quickly and efficiently. The company's R&D teams have access to the latest analytical methods in their chemical laboratories and application-technology test laboratories. Selected innovations are initiated and coordinated at the ALTANA level, aimed at tapping new business fields and absorbing technology and market trends. The R&D units of Altana include the four operating divisions, holding companies, and the Altana Institute. The operating divisions have their own production sites, sales offices, and research and development laboratories. The holding companies bundle Group management activities and internal services. The Altana Institute cooperates with external networks and universities and research institutes around the world to harness outside impetus for basic research on topics that form the foundation of further application-oriented internal R&D activities. In FY2024, it spent EUR213.2 million on R&D, which as a percentage of revenue, stood at 6.7%.
Business Segments
Overview
Develops and manufactures specialty coatings and sealants for the graphic arts and packaging industries. Provides water-borne and UV-curable overprint varnishes and adhesives and printing inks for the graphic arts industry for applications on paper, paper board and plastics. Operates through ACTEGA GmbH. Markets its products through subsidiaries in Germany, the US, Brazil, China, Spain, France, Austria, Poland, Canada and Chile.
Performance
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Overview
Supplies special purpose ingredients such as additives used in coatings and paints, plastics, gas and oil exploration, and other industrial applications. It sells its products under brand names BYK (additives) and BYK-Gardner (instruments), essentially to customers in the coatings, printing inks, and plastics industries. Operates through BYK-Chemie GmbH. The division has manufacturing facilities across Germany, Europe, the US and China. In FY2024, the company’s capital expenditure for this segment stood at EUR180 million, which increased 44.6% YoY.
Performance
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Overview
Develops, produces and markets metallic effect and pearlescent pigments. Product line comprises aluminum, metallic pigment coatings, gold-bronze, iron flakes, special pearlescent and PVD pigments, stainless steel flakes, zinc pigments and press-ready metallic printing inks. It provides these products to paints and coatings, aerated concrete, cosmetics, graphic arts and plastic industries. Operates through ECKART GmbH.
Performance
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Overview
Manufactures insulating materials and coatings for the electrical and electronic industries. Operates through three business lines, namely, primary insulation, secondary insulation, and electronic and engineering materials. The primary insulation business supplies to the enameled wire industry. The secondary insulation business provides applications in which the enameled wire winding is insulated and stabilized mechanically. The electronic and engineering materials business supplies applications that embed or completely encapsulate electrical components. Operates through ELANTAS GmbH.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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