Business Performance 2015: Sales increase despite a difficult market environment
|Year||Sales (Mio. Euro)|
Despite a very difficult market environment, H.C. Starck has performed well in 2015. The company increased its sales volume to 815,2 million euros in comparison with the previous year (2014: 785,9 million euros). As of December 31, 2015, the company employed 2.679 people globally (2014: 2.678).
the decreasing demand from the oil and gas industry as well as the weaker
growth in China and numerous emerging markets, the division Tungsten Powders posted
a decline in sales in 2015.
However, the division Surface Technology & Ceramic Powders was able to record a clearly positive development in both sales volume as well as profitability in 2015 compared to 2014. The division Tantalum/Niobium Powders made the year 2015 also a success, e.g. H.C. Starck’s niobium business has increased significantly in 2015. In particular, the cost-effective processing of tantalum-containing slags and other recycling materials reflected visibly positive effects in the field of tantalum.
It is our goal for the coming year, to make our raw materials supply independent of increasing volatility and speculations on the raw materials market. Therefore, we do not only process ore concentrates but recycle growing volumes of secondary materials in order to ensure our continuous supply with cost-effective raw materials.
A secure supply with high-quality and conflict-free raw materials will remain an important part of H.C. Starck’s business strategy: In the spring of 2016, we were certified for the fifth year running as a conflict-free smelter for our tantalum business. The corresponding audit was performed by the independent Electronics Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI), as part of the Conflict Free Smelter Program (CFSP). The official certification for H.C. Starck’s processing line of conflict-free tungsten raw materials has been achieved in summer of 2015.
- 60 % Germany
- 17 % USA
- 9 % Thailand
- 8 % China
- 3 % Japan
- 2 % Canada
- 1 % United Kingdom
Regional breakdown for Germany:
- 60 % Goslar site
- 20 % Laufenburg site
- 11 % Selb site
- 7 % Hermsdorf site
- 2 % Munich HQ