H.C. Starck Powder Divisions Adopt New Corporate Structure
H.C. Starck is optimizing the corporate legal structure of its powder divisions.
H.C. Starck is optimizing the corporate legal structure of its powder divisions: Tungsten Powders, Tantalum/Niobium Powders, and Surface Technology & Ceramic Powders. Four new affiliates were founded in late 2015 with the following names: H.C. Starck Tungsten GmbH; H.C. Starck Tantalum and Niobium GmbH; H.C. Starck Surface Technology and Ceramic Powders GmbH; and H.C. Starck Infrastructure GmbH & Co. KG. The employees who are currently assigned to the three powder divisions will be transferred to the new companies in August 2016. Employees who work in technical and administrative services and in group functions will remain at H.C. Starck GmbH. H.C. Starck Infrastructure GmbH & Co. KG will have no staff for the time being. In line with these changes, the new companies will begin operating as independent enterprises on August 1, 2016.
The three powder divisions operate in different markets, and each market has a logic of its own. The new structure will reportedly allow the different business segments to operate with greater autonomy and individual responsibility than before, thereby responding even faster and with greater flexibility to specific market requirements.
“We are giving the new companies the capabilities and leeway they need in order to position themselves optimally on the market,” said Engelbert Heimes, Ph.D., chairman of the executive board. “At the same time, they will remain part of the H.C. Starck Group and continue to have full access to all resources, infrastructure, and our know-how.”
The new companies will take the restructuring as an opportunity to adopt an even clearer strategic alignment, focusing on promising products and market segments. A significant move has already been made in charting the course for further growth at the H.C. Starck Tungsten GmbH by founding the joint ventures in China and Vietnam. The global production network, encompassing sites in Germany, Canada, China, and Vietnam, reportedly helps strengthen the division’s market position around the world.
For H.C. Starck Tantalum and Niobium GmbH, the further development of the product range is paramount. H.C. Starck Surface Technology and Ceramic Powders GmbH is driving the qualification of atomized metal powders forward with key players in the market for additive manufacturing. The successful existing partnership with the market leader in 3D printing based on metal powder is being expanded. Other goals include gaining further market share in the industrial gas turbines and aviation segments, as well as in LED technology.
For more information, visit www.hcstarck.com.