Henkel’s Adhesives Technologies business sector com- prises five business units: Adhesives for Consumers, Craftsmen and Building, Transportation and Metal:
General Industry; Packaging, Consumer Goods and Construction Adhesives; and Electronics. Adhesives were up 3. 7 percent
with sales of $10 billion.
“The economic environment for the Adhesive Technologies business unit was character-
ized by moderate growth in our
relevant markets,” said Henkel
CEO Kasper Rorsted. “Economic
growth was lower than initially
forecasted, particularly in the
emerging markets but also in the
mature markets of North America
and Western Europe. Performance
in the relevant industrial segments
also remained below expectations.
Private demand weakened slightly
versus the previous year. In these
difficult underlying conditions,
the Adhesive Technologies busi-
ness unit exceeded overall growth
in the markets of relevance, thus
extending its leading position in
the world market.”
Henkel recently held a ground-
breaking ceremony with 200
guests to commemorate the construction start of its 20,000 square
meters adhesives factory in Kurkumbh, near Pune, India. The new
plant will be India’s largest adhesives plant and is expected to start
production by early 2017.
The construction of the new adhesives factory is part of Henkel’s
global strategy to expand its capacities and grow business in the
emerging markets. Currently, Henkel generates 44 percent of its
total sales in the emerging markets. With the new site, Henkel will
reinforce its position as the leading solution provider for adhesives,
sealants and functional coatings.
The multi-technology plant will allow Henkel to work closely
with its customers in developing solutions. It will serve various
customers in the automotive and metal industry, and in other in-
dustrial sectors. In the future, about 500 people will be employed
at the plant.
Henkel recently acquired The Bergquist Company, a privately-
held and leading global supplier of thermal-management solutions
for electronics applications. Bergquist’s products include Sil-Pad
thermally conductive interface materials, Gap Pad electrically insu-
lating and non-insulating gap fillers, Hi-Flow phase change grease
replacement materials, Bond-Ply thermally conductive adhesive
tapes and Thermal Clad insulated metal substrates.
“With this acquisition – which is in line with our global strategy
to invest in complementary leading technologies – we are strength-
ening our position as a global market and technology leader,” said
Jan-Dirk Auris, executive vice president Adhesive Technologies.
“Bergquist’s track record in developing unique thermal-manage-
ment solutions fits with our commitment to provide best-in-class
customized solutions.”
Bergquist’s strong business presence in the Asia Pacific region
will further advance Henkel’s production and R&D capabilities
and help deliver greater sustainable solutions to the region, the
company stated.
Key Developments 2014
• Bonderite magnesium coating: Henkel has developed a protective electroceramic coating for magnesium that can be used, for
example, to coat light metals in mobile devices. This innovative technology offers outstanding protection against corrosion, friction and
wear. It also enables product weight savings and efficiency improvements in the manufacturing process.
• New technology platform: An innovative technology toolbox
enables synthetic polymers to be replaced by renewable raw materials. This allows a variety of materials such as liquid applied sound
deadeners from Teroson to be specifically tailored to each application. These acoustic solutions weigh up to 30 percent less than
synthetic dampening products while providing the same or better
vehicle performance.
• Loctite TAF: The flexible heat-absorbing films from the Loctite
TAF series lower the processor and housing temperatures of mobile
devices by more than 3˚C. Therefore they improve design flexibility
and device performance while enhancing user comfort.
03Henkel AG & Co. KGaA Dusseldorf, Germany www.henkel.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1876
REVENUE: $10 billion t (2013: $11.174 billion)
MARKETS SERVED
• Adhesives • Sealants • Special Purpose coatings
KEY EXECUTIVES
Kasper Rorsted, chairman and CEO; Jan-Dirk Auris,
executive VP Adhesive Technologies and member of the
board. Senior VPs of Adhesive Technologies: Ramon
Bacardit, Research; Julian Colquitt, North America,
General Industry; Jean Fayolle, Packaging Industry; Eric
Holzbacher, Africa/Middle East, Consumer and Building
Industry; Paul Kirsch, Transportation and Metal Industry;
Michael Olosky, Asia Pacific; Matthias Schmidt, Financial
Director; Alan Syzdek, Electronics Industry.
Paul Kirsch (middle), corporate
senior vice president, Supply and
Operations, Henkel Adhesive
Technologies, and president Henkel
Group India, Jeremy Hunter (right),
welcomed Honourable Chief
Minister of Maharashtra, Devendra
Fadnavis (left), and other dignitaries
from the Maharashtra government
to the groundbreaking ceremony.
