Ceramic Industry News / Advanced Ceramics

H.C. Starck Reports Positive First Quarter Performance

May 25, 2011
/ Print / Reprints /
/ Text Size+

In the 2010 fiscal year, H.C. Starck reported a 59% increase in revenues, to €689 million (~ $983 million). As such, the company reportedly exceeded its expectations in all of its business units and gained significant market shares, particularly with regard to its tantalum and tungsten activities.

Contributing to this performance was the resurgent demand seen across all markets. “But the rapid and systematic restructuring of our company also played a significant role in the positive development of our business,” said Andreas Meier, Ph.D., CEO. “We made our organizational structure more efficient and more tailored to the needs of the market, and also focused our product range on our core business area. In addition, the cost-cutting measures we implemented made a noticeable contribution to our excellent annual result.” On December 31, 2010, the company had 2727 employees in the U.S., Canada, Great Britain, Germany, China, Japan and Thailand.

In the first quarter of 2011, the company says business was also strong due to the ongoing economic recovery and the resulting continued increase in market demand. H.C. Starck has reportedly once again exceeded expectations in several business units.

“In addition, we have completed one of our most important strategic tasks,” Meier said. “Thanks to longer term supply agreements with established mines and the EICC certification for our tantalum procurement process, we have been able to secure our supply of ethically produced raw materials. As a result, we are in an excellent position to achieve our above-average growth targets for 2011.”

For additional details, visit www.hcstarck.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

September 2014 Issue Highlights

Our September 2014 issue is now available!

Posted: December 15, 2014


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI December 2014 cover

2014 December

Be sure to check out our annual Services Directory and Business Guide, with additional articles on advanced glass components, ceramic grinding media, and more!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!