Facts & Figures
2011 Business Performance:
H.C. Starck continues on profitable growth track
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2011 was an outstanding year for H.C. Starck.
The company has more than exceeded its strategic and operational goals in all business segments and has continued on the positive, profitable growth track from the previous year. Worldwide, H.C. Starck’s revenue grew by 28% to 883.2 million Euros from 689.3 million Euros in 2010, a significant increase over the prior year. As of December 31, 2011, the company has 2,816 employees in the US, Canada, Great Britain, Germany, China, Japan, and Thailand. |
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The company started well into 2012. The company wants to prove the sustainability of its business success even though the international economic conditions are significantly more demanding than they were the year before. Alongside expanding European capacity in 2012, H.C. Starck intends to strengthen its regional commitments, particularly in Asia, and will invest in the development of high-quality tungsten products in China. In 2011, the company signed agreements for two joint ventures in the production of tungsten chemicals, tungsten metal, and tungsten carbides with Jiangxi Rare Metals Tungsten Holding Group Co. Ltd. (JXTC), one of the largest tungsten mining companies in China. Following the planned ground breaking ceremony for the production plant in early 2012, the plant should begin production of several thousands tons of high-quality tungsten products for the Chinese market in a matter of months. In October 2011, the ground breaking ceremony took place at the production plant site for CS Energy Materials Ltd (CSEM), a joint venture with Japanese chemical firm Japan New Chisso Corp., for the development and manufacture of cathode materials for high-performance lithium-ion batteries used in electric cars. Production is due to begin mid-2012 in Minamata, Japan.
H.C. Starck will also expand its fast-growing, unique recycling activities. The company is currently global technology leader when it comes to recycling refractory metals. With a current rate of around 50%, recycling is a vital pillar in H.C. Starck’s raw materials sourcing strategy. Now more than ever, an expertise in recycling honed over many years and the often unique processing methods for environmentally sound reconditioning make H.C. Starck the strategic partner of growth-oriented industries, who feel a responsibility toward the principles of sustainability. In light of ever more intensive global competition for strategic raw materials, technically sophisticated recycling will significantly increase – as an essential component of a stable raw material supply. With this resource cycle, natural resources will be conserved.
H.C. Starck will also expand its fast-growing, unique recycling activities. The company is currently global technology leader when it comes to recycling refractory metals. With a current rate of around 50%, recycling is a vital pillar in H.C. Starck’s raw materials sourcing strategy. Now more than ever, an expertise in recycling honed over many years and the often unique processing methods for environmentally sound reconditioning make H.C. Starck the strategic partner of growth-oriented industries, who feel a responsibility toward the principles of sustainability. In light of ever more intensive global competition for strategic raw materials, technically sophisticated recycling will significantly increase – as an essential component of a stable raw material supply. With this resource cycle, natural resources will be conserved.
Employees
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Worldwide summary:
Total 2,816 FTE
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Regional breakdown for Germany:
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* Full Time Equivalents (excl. overtime and contract work)
