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<strong>Facts</strong> <strong>and</strong> <strong>Figures</strong><br />

<strong>2012</strong>


The Business Groups<br />

As of: December 31, <strong>2012</strong><br />

Precious Metals<br />

Heraeus Precious Metals<br />

Materials <strong>and</strong> Technologies<br />

Heraeus Materials Technology<br />

Sensors<br />

Heraeus Electro-Nite<br />

Dental Products<br />

Heraeus Dental<br />

Biomaterials <strong>and</strong> Medical Products<br />

Heraeus Medical<br />

Quartz Glass<br />

Heraeus Quarzglas<br />

Specialty Light Sources<br />

Heraeus Noblelight


Revenues <strong>2012</strong> in in € million<br />

1,468.2 1)<br />

15,989.0 2)<br />

1) Product revenue<br />

2) Precious metal trading revenue<br />

1,541.1<br />

417.5<br />

Employees <strong>2012</strong><br />

2,732<br />

2,924<br />

3,242<br />

307.0 1,420<br />

80.8 228<br />

315.9 1,510<br />

92.5 715


Key Financial Indicators<br />

for the Group<br />

Financial performance in € million<br />

Product revenue<br />

Precious metal trading revenue<br />

Earnings before interest <strong>and</strong> taxes (EBIT)<br />

Net income<br />

Financial position in € million<br />

Total assets<br />

Shareholders’ equity<br />

Equity-to-assets ratio in %<br />

Cash flow in € million<br />

Cash flow from operating activities<br />

Capital expenditure<br />

Depreciation<br />

Employees<br />

Employees at year-end<br />

In Germany<br />

Outside of Germany<br />

Personnel expenses in € million<br />

<strong>2012</strong> 2011 Change in %<br />

4,228 4,840 – 12.7<br />

15,989 21,343 – 25.1<br />

365 489 – 25.4<br />

237 315 – 24.6<br />

4,039 4,073 – 0.8<br />

2,344 2,247 +4.3<br />

58 55<br />

337 311 +8.1<br />

126 105 +19.0<br />

109 84 +30.0<br />

13,615 13,323 +2.2<br />

5,294 5,128 +3.2<br />

8,321 8,195 +1.5<br />

716 659 +8.7


We are a globally active precious metals <strong>and</strong><br />

tech nology Group with firm roots in Germany.<br />

The company has been family-owned for more<br />

than 160 years. Precious metals, materials<br />

<strong>and</strong> technologies, sensors, biomaterials <strong>and</strong><br />

medical products, dental products, quartz<br />

glass, <strong>and</strong> specialty light sources are the focus<br />

of our activities.<br />

In <strong>2012</strong>, we generated more than € 4.2 billion<br />

in product revenue <strong>and</strong> € 16 billion in precious<br />

metal trading revenue with more than<br />

13,600 employees in over 120 subsidiaries.


Heraeus has 13,615 employees around the world at<br />

126 locations <strong>and</strong> 25 dedicated development centers.<br />

The map shows the number of workers worldwide by percent <strong>and</strong> location, organized by region.<br />

18 %<br />

tHE amErIcas (20)<br />

Brazil (3)<br />

Canada (1)<br />

Mexico (2)<br />

Puerto Rico (1)<br />

USA (13)<br />

As of December 31, <strong>2012</strong><br />

15 %<br />

39 %<br />

gErmany (23)<br />

EuropE ExcludIng gErmany (39)<br />

Austria (1)<br />

Portugal (1)<br />

Belgium (1)<br />

Russia (2)<br />

Czech Republic (1) Spain (2)<br />

France (4)<br />

Sweden (3)<br />

Greece (1)<br />

Switzerl<strong>and</strong> (3)<br />

Hungary (1)<br />

The Netherl<strong>and</strong>s (3)<br />

Irel<strong>and</strong> (1)<br />

Turkey (2)<br />

Italy (3)<br />

Ukraine (1)<br />

Pol<strong>and</strong> (2)<br />

United Kingdom (7)


soutH aFrIca (2)<br />

1 %<br />

australIa (3)<br />

27 %<br />

asIa (39)<br />

China (16)<br />

Hong Kong (2)<br />

India (3)<br />

Indonesia (2)<br />

Japan (4)<br />

Korea (5)<br />

Malaysia (1)<br />

Singapore (2)<br />

Taiwan (2)<br />

Thail<strong>and</strong> (1)<br />

The Philippines (1)


the company <strong>2012</strong><br />

Business development<br />

Heraeus can look back at the <strong>2012</strong> financial year with satisfaction overall. Although it<br />

was not possible to match the record results of the previous year, the markets Heraeus<br />

serves, especially the electronics, steel <strong>and</strong> chemical industries, performed well<br />

worldwide. Health care markets remained at a solid level. The semiconductor industry<br />

was confronted with a cyclical downturn. The photovoltaic market suffered from a<br />

global decline. The uncertain economic situation in individual eurozone countries led,<br />

among other things, to a weakening of the euro in <strong>2012</strong> <strong>and</strong> an associated favorable<br />

impact on dem<strong>and</strong> from other currency areas.<br />

Ongoing economic trends, particularly in parts of Europe, also affected the dem<strong>and</strong> for<br />

precious metals. Industrial dem<strong>and</strong> for platinum, gold <strong>and</strong> silver – especially from<br />

the chemical, electronics, semiconductor <strong>and</strong> automotive industries – declined, triggering<br />

a considerable drop in trading. The strong dem<strong>and</strong> for bonding wires <strong>and</strong> sensors<br />

for the steel production provided a positive impulse. In addition, the markets for bone<br />

cement <strong>and</strong> glass fibers for the telecommunications industries developed positively.


<strong>2012</strong><br />

2008<br />

group rEVEnuE In € mIllIon<br />

Product revenue<br />

2,920<br />

4,228<br />

product rEVEnuE By rEgIon<br />

2008 <strong>2012</strong><br />

18 %<br />

23 %<br />

18 %<br />

39 %<br />

2 %<br />

14 %<br />

16 %<br />

16 %<br />

52 %<br />

2 %<br />

Precious metal trading revenue<br />

12,994<br />

15,989<br />

Germany<br />

Europe excluding Germany<br />

The Americas<br />

Asia<br />

Africa /Australia


group EarnIngs<br />

in € million<br />

500<br />

450<br />

400<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2008 2009<br />

2010<br />

2011<br />

<strong>2012</strong><br />

EmployEEs By rEgIon<br />

2008 <strong>2012</strong><br />

36 %<br />

17 %<br />

19 %<br />

27 %<br />

1 %<br />

39 %<br />

15 %<br />

18 %<br />

27 %<br />

1 %<br />

EBIT<br />

Net income<br />

Germany<br />

Europe excluding Germany<br />

The Americas<br />

Asia<br />

Africa /Australia


Human Resources<br />

As of December 31, <strong>2012</strong>, Heraeus employed a staff of 13,615 worldwide, a gain of<br />

292 over the previous year (13,323 employees). The growth included 166 new jobs in<br />

Germany <strong>and</strong> 126 in foreign Heraeus companies. In Germany, personnel expansion<br />

essentially involved hiring Heraeus apprentices (66 employees) <strong>and</strong> establishing the<br />

Magellan project team (80 employees). Another 428 employees joined the Heraeus<br />

Group due to acquisitions outside of Germany. Those additions during the past financial<br />

year were contrasted with capacity adjustment measures in individual business areas:<br />

the Heraeus Materials Technology business group started a restructuring program of its<br />

business with contact materials <strong>and</strong> bonding wires. The dental products business group<br />

reorganized its two divisions in the strategic program “Business Transformation 2014”.


»I make<br />

pacemakers tick«<br />

CECIlIA STrüBEr hAS WorkED AT ThE MEDICAl CoMPoNENTS DIvISIoN of hErAEuS PrECIouS METAlS IN hANAu for<br />

four yEArS. AS A MAChINING TEChNICIAN, ShE IS rESPoNSIBlE for ClEANING AND DEBurrING ElECTroDES for<br />

PACEMAkErS AND STENTS for MINIMAlly INvASIvE ProCEDurES. AT ThE SAME TIME, ShE IS STuDyING ENGINEErING<br />

IN orDEr To BE ABlE To CoNCENTrATE oN WorkING WITh CAD ProGrAMS IN ThE fuTurE.


» Turning new items is very exciting – especially when they<br />

are millimeter-sized products that can save lives. With high-tech<br />

methods such as micro-precision turning, I’m helping to<br />

produce electrodes of the finest quality for use in cardio- <strong>and</strong><br />

neuro stimulation. For example, extremely sensitive custom-<br />

made stimulation electrodes transmit impulses from the pace-<br />

maker to the heart muscle. They ensure that the heart beats<br />

with the proper rhythm. I’m proud of the fact that most pace-<br />

makers already use our tiny lifesavers.«<br />

PACEMAkEr ElECTroDES ArE<br />

fIrMly ANChorED IN ThE hEArT MuSClE


precious metals Business group –<br />

heraeus Precious Metals<br />

The precious metals business group (Heraeus Precious Metals) is a world leader in<br />

industrial precious metals <strong>and</strong> special metals, processing the precious metals gold,<br />

silver <strong>and</strong> platinum group metals, primarily for use in the manufacture of industrial<br />

products for the automotive, semiconductor, electronics <strong>and</strong> medical industries. In<br />

addition, Heraeus Precious Metals holds a leading international position in industrial<br />

precious metal trading. The principal purchasers of Heraeus Precious Metals products<br />

operate in the environmental, mobility, communications, energy <strong>and</strong> health care sectors.<br />

The massive market consolidation in the area of photovoltaics <strong>and</strong> the significantly<br />

reduced use of silver pastes made it impossible to repeat the previous year’s record<br />

sales. Product revenues decreased by 24.7 % in comparison with 2011 to € 1,468.2<br />

million. Precious metal prices <strong>and</strong> increased dem<strong>and</strong> from the investment sector had<br />

a significant positive influence on precious metals trading revenue. As a result of decreased<br />

industrial dem<strong>and</strong>, at € 15,989.0 million, it was clearly below the amount for<br />

the previous year. Overall, the precious metals business group achieved satisfactory<br />

results even matching the previous year in some areas.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

688.5<br />

1,468.2<br />

1,447.2<br />

1,949.1<br />

<strong>2012</strong><br />

2011<br />

2010<br />

prEcIous mEtal tradIng rEVEnuE<br />

in € million<br />

2009<br />

2008<br />

13,633.9<br />

12,994.0<br />

15,989.0<br />

17,946.0<br />

21,342.6


»I am a<br />

trendsetter for alloyed<br />

copper wires«<br />

Dr. MurAlI SArANGAPANI hAS SPENT 26 yEArS rESEArChING MATErIAlS AND METAllurGy, WITh A PArTICulAr foCuS<br />

oN BoNDING WIrES. hE hAS BEEN A DEvEloPEr AT hErAEuS MATErIAlS TEChNoloGy IN SINGAPorE for four yEArS<br />

NoW. hE holDS SIx PATENTS for CoPPEr WIrES, WITh four MorE IN ThE APProvAl PhASE. Dr. SArANGAPANI hAS PuBlIShED<br />

ovEr 100 ArTIClES oN ThE ToPIC AND IS A rESPECTED SPEAkEr AT CoNfErENCES AND SEMINArS.


» Heraeus is a leading supplier of ultra-thin bonding wires for<br />

microelectronics in the packaging industry. The latest trend in<br />

wire pro duction is to use materials other than gold, such as<br />

copper. I have developed two state-of-the-art alloyed copper<br />

wire products for the packaging industry <strong>and</strong> have done<br />

some problem solving for customers as well as the production<br />

team. I’m proud to say that a number of semiconductor businesses<br />

regard Heraeus as the trendsetter for alloyed copper wire<br />

products. My research <strong>and</strong> work ranges from basic alloy<br />

design to processing of the products.«<br />

NEW AlloyED CoPPEr WIrE ProDuCTS<br />

for ThE PACkAGING INDuSTry


materials <strong>and</strong> technologies Business group –<br />

heraeus Materials Technology<br />

The materials <strong>and</strong> technologies business group (Heraeus Materials Technology) devel-<br />

ops <strong>and</strong> manufactures high-tech industrial products using precious metals, such as<br />

gold, silver <strong>and</strong> platinum-group metals, as well as high-melting-point, non-precious<br />

refractory metals. Based on a broad portfolio of technologies <strong>and</strong> deep added value,<br />

Heraeus Materials Technology is a skilled partner for processing these precious metals<br />

<strong>and</strong> other innovative materials. As a technology leader with decades of experience<br />

<strong>and</strong> facilities around the world, this business group is a leading provider in many key<br />

markets.<br />

The product revenue weakened during the year after a good start in the financial year<br />

<strong>2012</strong> as a result of global economic performance. The business group saw decreased<br />

dem<strong>and</strong> from the automotive industry, computer industry <strong>and</strong> business in sensors for<br />

thermal energy measurement in China. Compared to the previous year, product revenues<br />

decreased by 6.3 % to € 1,541.1 million. Under difficult market conditions, the business<br />

group achieved very good results for product revenue. The business group also<br />

introduced comprehensive projects to improve cost savings <strong>and</strong> efficiency in order to<br />

increase competitiveness over the next few years.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

978.3<br />

1,541.1<br />

1,501.2<br />

1,645.3


»I can read steel<br />

almost instantly«<br />

DANNy hABETS IS A DEvEloPEr for ThE hErAEuS ElECTro-NITE BuSINESS GrouP IN houThAlEN, BElGIuM. hABETS,<br />

Who hAS A DEGrEE IN ChEMISTry, BEGAN hIS CArEEr AT hErAEuS IN 1988 WorkING IN quAlITy MANAGEMENT for<br />

SENSorS for ThE STEEl INDuSTry. WhAT MoTIvATES hIM IN hIS DAIly Work? “DEvEloPING ProDuCTS ThAT ThE ThEorE-<br />

TICIANS DISMISS AS Too CoMPlICATED.” hABETS hAS AlrEADy rECEIvED TWo hErAEuS INNovATIoN AWArDS for ThE<br />

DEvEloPMENT of CoATED MEASurEMENT SySTEMS. oNE for DETErMINATIoN of ThE Sulfur CoNTENT of MolTEN IroN<br />

AND oNE for A vEry SENSITIvE oxyGEN SENSor To DETErMINE ThE GrAPhITE STruCTurE of CAST IroN.


» Three-hundred tons of liquid iron are simmering at over 1400<br />

degrees Celsius in a ladle. A lance-shaped sensor is dipped into<br />

the metal, <strong>and</strong>, in just a matter of seconds, it measures the<br />

temperature or the content <strong>and</strong> undesired components, such as<br />

sulfur. Without having to send it to an analytical laboratory. I<br />

am especially proud of the sulfur sensor, because no one has<br />

been able to accurately measure the sulfur levels in liquid iron<br />

before. It really speeds up steel production. I now want to measure<br />

phosphorus directly in molten steel. Conventional wisdom says<br />

that it won’t work, but that motivates me. Because the difference<br />

between › it doesn’t work ‹ <strong>and</strong> › it works ‹ is the same as › not<br />

trying ‹ <strong>and</strong> › doing ‹.«<br />

SENSor for quICkly AND DIrECTly<br />

MEASurING MolTEN STEEl


sensors Business group –<br />

heraeus Electro-Nite<br />

The sensors business group (Heraeus Electro-Nite) is the world market leader in sensor<br />

<strong>and</strong> measurement systems for the steel, aluminum <strong>and</strong> foundry industries. As a recognized<br />

specialist in measurements for molten iron, steel <strong>and</strong> aluminum, the company<br />

produces <strong>and</strong> markets high-quality sensors from global manufacturing <strong>and</strong> sales facilities<br />

on every continent. In close cooperation with its customers, Heraeus Electro-Nite<br />

develops product solutions that contribute significantly to greater efficiency <strong>and</strong> higher<br />

quality in production processes, as well as improving working conditions <strong>and</strong> protecting<br />

the environment.<br />

Worldwide steel production, the most important driving factor for the sensors business<br />

group, was subject to an appreciable slump after two years of considerable growth.<br />

According to information from the World Steel Association, growth totaled just 1.2 %.<br />

Despite low growth in steel, the sensors business group increased its revenue to<br />

€ 417.5 million, a 2.3 % hike on the previous year, as a result of favorable exchange rate<br />

effects <strong>and</strong> initial revenues from the acquisition of the Midwest Instrument Company<br />

made in <strong>2012</strong>.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

2008<br />

294.5<br />

375.2<br />

377.3<br />

417.5<br />

408.0


»I provide dental<br />

prosthetics digitally with<br />

just-in-time production«<br />

yohANNIS WolDEGErGIS joINED hErAEuS IN 1996 AS A TrAINEE IN ProCESS ENGINEErING. SINCE 2007, hE hAS WorkED<br />

AS A ProCESS DEvEloPEr IN ThE DIGITAl SErvICES DIvISIoN of hErAEuS DENTAl. hIS ACTIvITIES hAvE INvolvED A<br />

BIT of PIoNEErING Work. WhEN CAD/CAM ProDuCTIoN BEGAN, ThE DEPArTMENT WAS “STruCTurED lIkE A STArTuP.”<br />

ToDAy, MorE ThAN 100 PEoPlE Work ThErE, ExPANDING ThE hErAEuS CAD/CAM PorTfolIo IN ThE DENTAl fIElD AS<br />

A SINGlE-SourCE ProvIDEr IN EuroPE.


» More <strong>and</strong> more often, dentures are produced using computeraided<br />

design. Heraeus made a commitment to digital prosthetics<br />

in 2008. As one of the pioneers, I had the privilege of helping<br />

to build a CAD-CAM production center in Hanau with the very<br />

latest high-tech methods – to some extent, as a start-up within<br />

our own company. Today, my team <strong>and</strong> I produce crowns <strong>and</strong><br />

bridges from zirconium oxide or non-precious metals all across<br />

Europe. The newest development is dentures made from digital<br />

impressions. We give our partners in dental practices <strong>and</strong><br />

laboratories the best possible support when it comes to digital<br />

prosthetics. And we aim to be a single-source provider for all<br />

components.«<br />

four-uNIT DENTAl ProSThESIS, DIGITAlly<br />

MANufACTurED froM zIrCoNIuM DIoxIDE


dental products Business group –<br />

heraeus Dental<br />

The dental products business group (Heraeus Dental), a provider of prosthetics <strong>and</strong><br />

systems for the conservation <strong>and</strong> Restoration of natural teeth, has an extensive range<br />

of products for dental laboratories <strong>and</strong> dentists.<br />

The market for dental consumables performed well in <strong>2012</strong> after moderate growth in<br />

the previous year, recording a 4 % upturn globally. The product revenues in this business<br />

group for financial year <strong>2012</strong> held steady, at € 307.0 million (+ 0.3 %). This performance<br />

resulted from ongoing decreases in revenue in the area of consumer materials<br />

for x-ray films, as well as the structural revenue decline in the area of prosthetics. A<br />

strong revenue increase in the area of direct restoration <strong>and</strong> the acquisition of Biomain<br />

AB, served as a cushion against a drop in revenues, but did not completely prevent it.<br />

In <strong>2012</strong>, the dental products business group began a restructuring program with the<br />

aim of creating more competitive cost structures. Furthermore, the organization of the<br />

two divisions in the business group was restructured to suit market needs. Digital activities<br />

were bundled in the new division “Digital Services,” while other activities were<br />

merged into the “Dental Materials” Division.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

2008<br />

288.8<br />

290.4<br />

307.0<br />

306.1<br />

305.9


»I help improve<br />

patient safety«<br />

Dr. EkATErINI CoPANAkI hAS WorkED AT hErAEuS MEDICAl IN WEhrhEIM SINCE EArly 2011. A MICroBIoloGIST, ShE<br />

PArTICIPATES IN ThE DEvEloPMENT of CEMENT-frEE IMPlANTS. AfTEr hEr Work AT frANkfurT uNIvErSITy, ShE<br />

WElCoMED ThE oPPorTuNITy “To ADvANCE ProDuCT DEvEloPMENT AND INTErACT DIrECTly WITh CuSToMErS.” ShE<br />

AlSo APPrECIATES ThE ATMoSPhErE of CollEGIAlITy IN WhICh ShE CAN CoNDuCT rESEArCh oN NEW APPlICATIoNS.<br />

IN <strong>2012</strong>, ShE rECEIvED A hErAEuS INNovATIoN AWArD for A ProCESS for CoATING CEMENTlESS hIP ProSThESES<br />

WITh ANTIBIoTICS.


» There are two methods for anchoring prosthetic implants:<br />

cementless <strong>and</strong> cemented. We already offer a unique portfolio<br />

of bone cements containing antibiotics. For cementless<br />

implants, we have filled a gap in the market, because until now<br />

these were not coated with antibiotics. In collaboration with<br />

the innovation department, I developed a method for coating<br />

cementless arthroplasty with anti biotics. During the operation,<br />

we create a thin protective layer on the implant. This reduces<br />

the risk of infection <strong>and</strong> improves patient safety.«<br />

rEADy-To-uSE CoATING DEvICE<br />

for APPlICATIoN of ANTIBIoTIC ProTECTIoN oN CEMENT-frEE ProSThETIC IMPlANTS


Biomaterials <strong>and</strong> medical products Business<br />

group – heraeus Medical<br />

The biomaterials <strong>and</strong> medical products business group (Heraeus Medical) concentrates<br />

on medical products for orthopedic surgery as well as traumatology <strong>and</strong> biosurgery.<br />

It develops, produces <strong>and</strong> globally markets biomaterials used in bone <strong>and</strong> joint surgery<br />

<strong>and</strong> to stabilize spinal fractures. Core product PALACOS ® , the gold st<strong>and</strong>ard among<br />

bone cements, has proved its worth in clinical use for decades.<br />

The biomaterials <strong>and</strong> medical products business group increased revenue to € 80.8 million,<br />

an 8.2 % jump over the previous year. The business group therefore achieved<br />

record product revenues five years in a row. The revenue growth in joint fixation <strong>and</strong><br />

infection management products has been especially satisfactory. From a geographical<br />

perspective, North America, Europe, <strong>and</strong> Asia made an approximately equal contribution<br />

to growth.<br />

The global orthopedic market for artificial joints grew by 5 %. The biomaterials <strong>and</strong><br />

medical products business group continues to play a leading role in the global bone<br />

cement market.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

2008<br />

56.2<br />

59.9<br />

67.0<br />

74.7<br />

80.8


»I work with the<br />

most fascinating<br />

material of all«<br />

Dr. rAlf TAkkE lEADS ThE oPTICS DIvISIoN of hErAEuS quArzGlAS. hE hAS WorkED AT hErAEuS SINCE 1983. orIGI-<br />

NAlly A CrySTAl GroWEr, TAkkE SooN BECAME INTErESTED IN ThE vArIouS APPlICATIoNS of quArTz GlASS, BECAuSE<br />

“ThErE’S AlWAyS A PoSSIBIlITy ThAT you CoulD DEvEloP SoMEThING NEW for CuSToMErS froM SIlICoN AND oxy-<br />

GEN.” for ExAMPlE, TAkkE WorkED oN ThE DEvEloPMENT of oPTICAl fIBErS for ThE TElECoMMuNICATIoNS INDuSTry<br />

BEforE hE TurNED To INvESTIGATING ThE oPTICAl ProPErTIES of quArTz GlASS.


» Quartz glass fascinates me. I am continually amazed at how<br />

we can take two chemical elements – silicon <strong>and</strong> oxygen –<br />

<strong>and</strong> conjure up a material with so many different properties!<br />

Time <strong>and</strong> again, we make use of technological challenges<br />

to exp<strong>and</strong> our expertise in manufacturing precision, high-per-<br />

formance quartz glass. The material is currently playing<br />

a key role in experiments with gravitational wave detectors to<br />

research an aspect of Einstein’s theory of relativity. Specifi-<br />

cally, we are studying the collapse of neutron stars. The result-<br />

ing gravitational waves ripple through our universe. Our spe-<br />

cialty quartz glass makes the detectors so sensitive that these<br />

waves can be measured.«<br />

quArTz GlASS PrEforM<br />

for GrAvITATIoNAl WAvE DETECTor


Quartz glass Business group –<br />

heraeus quarzglas<br />

The quartz glass business group (Heraeus Quarzglas) is the technology leader <strong>and</strong><br />

materials specialist for the manufacture <strong>and</strong> processing of high-purity quartz glass. It<br />

excels in all key processes for producing different quartz glass types for the semiconductor<br />

<strong>and</strong> telecommunications industries as well as applications for the optical,<br />

chemical <strong>and</strong> lamp industries. From base materials to complex system components,<br />

custom-tailored products <strong>and</strong> solutions can be developed <strong>and</strong> produced from natural<br />

<strong>and</strong> synthetic quartz glass. As the largest quartz glass smelting facility in the world,<br />

Heraeus Quarzglas is the world’s largest manufacturer of synthetic quartz glass for use<br />

in the microlithography <strong>and</strong> telecommunications industries.<br />

With revenues of € 315.9 million during the past financial year, the quartz glass busi-<br />

ness group was not able to maintain its record revenue level of the previous year.<br />

Nevertheless, the business group achieved positive results in particular due to high<br />

dem<strong>and</strong> for optical glass fibers for the telecommunications industry. The products<br />

business for the optical industry also continued to develop very well. The massive drop<br />

in the photovoltaics <strong>and</strong> solar industry as well as the expected weakening in the semi-<br />

conductor market had a negative effect on earnings in the quartz glass business group.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

2008<br />

199.0<br />

213.0<br />

278.7<br />

315.9<br />

348.2


»I can<br />

simulate<br />

the sun«<br />

MArTIN BroWN IS A PhySICIST Who hAS WorkED AS A SAlES ENGINEEr for ArC AND flASh lAMPS for lASEr APPlICA-<br />

TIoNS AT hErAEuS NoBlElIGhT IN CAMBrIDGE, uNITED kINGDoM SINCE 2006. ThIS IS NoT hIS fIrST TIME AT hErAEuS<br />

NoBlElIGhT: BroWN WorkED IN ThE ProDuCTIoN DEPArTMENT ThErE froM 1985 To 1994. hE ThEN SPENT SoME yEArS<br />

WorkING WITh DIAMoND ProCESSING lASErS, BuT hIS DECISIoN To rETurN To hErAEuS WAS EASy. A NEW MArkET hAS<br />

oPENED uP for xENoN lAMPS, WhICh offErS INfINITE PoSSIBIlITIES, ESPECIAlly IN CoMBINATIoN WITh oThEr hErAEuS<br />

ProDuCTS.


» It’s amazing what we can do with arc <strong>and</strong> flash lamps. We can<br />

use them to remove hair, treat blemishes, precisely measure<br />

distances, excite industrial lasers, or simply simulate the sun. In<br />

Cambridge, we develop arc <strong>and</strong> flash lamps of particularly<br />

high quality, including Xenon lamps. Heraeus is dominant in the<br />

market be cause we are the only semi-automated manufacturer<br />

of these lamps. The lamps must function reliably <strong>and</strong> efficiently,<br />

the ignition process should be constant <strong>and</strong> repeatable. The<br />

Noblelight team <strong>and</strong> I continuously optimize our flash lamps.«<br />

ArC AND PulSED flASh lAMPS<br />

for A vArIETy of APPlICATIoN ArEAS


specialty light sources Business group –<br />

heraeus Noblelight<br />

The specialty light sources business group (Heraeus Noblelight) counts itself among<br />

the market <strong>and</strong> technology leaders worldwide for special lamps with wavelengths<br />

from ultraviolet to infrared for industrial, scientific, <strong>and</strong> medical applications. With<br />

locations in Germany, the United Kingdom, China <strong>and</strong> the USA, the business group<br />

manufactures lamps for analytical measurement technology <strong>and</strong> the printing industry,<br />

infrared emitters for industrial heating processes, arc <strong>and</strong> flash lamps <strong>and</strong> products<br />

for water <strong>and</strong> surface disinfection, air treatment, <strong>and</strong> sun simulation with a high level<br />

of vertical integration.<br />

As a result of economic stagnation in the investment goods market, the specialty light<br />

sources business group was not able to continue its very positive growth from 2011.<br />

Although business in Q1 <strong>2012</strong> was still predominantly stable, the continuingly weak<br />

economy later placed a burden on some areas of the business group. In the fourth<br />

quarter, there was a slight revival in economic development, resulting in product revenue<br />

of € 92.5 million in the specialty light sources business group. Compared to the<br />

previous year, this indicates a drop of 10.2 %.<br />

product rEVEnuE<br />

in € million<br />

<strong>2012</strong><br />

2011<br />

2010<br />

2009<br />

2008<br />

71.6<br />

92.5<br />

92.5<br />

103.0<br />

98.9


corporate Boards of the Heraeus group<br />

supErVIsory Board<br />

HEraEus HoldIng gmBH<br />

Dr. Jürgen Heraeus (Chairman)<br />

Hans Ostermeier (Vice Chairman)<br />

Dr. Simone Bagel-Trah<br />

Dr. Hans-Tjabert Conring<br />

Franz Haniel<br />

Dr. Hubert Lienhard<br />

Uwe Raschke<br />

Ursula Hess-Moeser<br />

Joachim Reitz<br />

Hans Schweinsberg (since June 2, <strong>2012</strong>)<br />

Dr. Andreas Utterodt<br />

Volker Weber (until June 1, <strong>2012</strong>)<br />

Andreas Wolf<br />

As of December 31, <strong>2012</strong><br />

The current status can be found at: www.heraeus.com<br />

Board oF managEmEnt<br />

HEraEus HoldIng gmBH<br />

Dr. Frank Heinricht (Chairman)<br />

Jan Rinnert (Vice Chairman)<br />

BusInEss groups<br />

Heraeus precious metals<br />

Dr. Rol<strong>and</strong> Gerner<br />

Heraeus materials technology<br />

Dr. Hans-Joachim Dittloff<br />

Heraeus dental<br />

Dr. Martin Haase<br />

Heraeus medical<br />

Dr. André Kobelt<br />

Heraeus Electro-nite<br />

Jan Doets<br />

Heraeus Quarzglas<br />

Heinz Fabian<br />

Wolfgang Stang<br />

Heraeus noblelight<br />

Rainer Küchler


Heraeus Innovation awards celebrate 10 years<br />

Heraeus presented its 10th annual Innovation Awards for the best<br />

product <strong>and</strong> process innovations at a ceremony in Hanau in mid-<br />

November <strong>2012</strong>. This anniversary year featured three winners, with<br />

the award for Best Innovation going to Dr. Richard Walter from<br />

the precious metals business group. First prize for the best process<br />

innovation was shared by Dr. Jan Schapp of the precious metals<br />

business group <strong>and</strong> Dr. Kyung Chung of the materials <strong>and</strong> tech-<br />

nologies business group.<br />

Heraeus began selecting the best product innovations in 2003, <strong>and</strong> in 2010 added<br />

an award for best process innovation. The Heraeus Innovation Awards have become<br />

an established institution within the Heraeus culture of innovation over the past ten<br />

years. They now are a platform for Heraeus developers to interact with each other <strong>and</strong><br />

build networks.<br />

The Innovation Award’s prestige has continued to grow: In the beginning, the awards<br />

ceremony was a simple affair, but it has since become an event with many guests <strong>and</strong><br />

a highlight of the Heraeus calendar. All Heraeus researchers <strong>and</strong> developers worldwide<br />

are eligible to participate. Twenty-one projects competed for the honors in <strong>2012</strong>. More<br />

than 210 product innovations have been submitted to date, <strong>and</strong> a total of 34 products<br />

<strong>and</strong> processes have been honored, including sensors for the steel <strong>and</strong> aluminum industries,<br />

universal composites for dental fillings, organic electronics for touchscreens,<br />

precious metal catalysts to break down nitrous oxide, <strong>and</strong> infrared emitters for solar<br />

cells. The following double-page spread includes an overview of all the previous winners.


The winners since 2003<br />

<strong>2012</strong><br />

BesT ProducT InnovaTIon<br />

1. dr. richard Walter // Heraeus Precious Metals<br />

Large-scale technical synthesis of platinum<br />

oxalate<br />

2. dr. ekaterini copanaki // Heraeus Medical<br />

Antibiotic coating process for cementless<br />

arthroplasty<br />

2. dr. Jörg-Martin Gebert // Heraeus Precious Metals<br />

Components for medical implants made of<br />

magnetically hard precious metals alloys<br />

BesT Process InnovaTIon<br />

dr. Jan schapp // Heraeus Precious Metals<br />

Recycling process for fluorinated catalysts<br />

<strong>and</strong> products<br />

dr. Kyung chung // Heraeus Materials Technology<br />

Reduced fabrication cost process for<br />

metal-oxide materials<br />

2011<br />

2010 2009<br />

BesT ProducT InnovaTIon<br />

1. dr. Martin Trommer // Heraeus Quarzglas<br />

Highly bendable optical fibers made of quartz<br />

glass<br />

2. dr. sebastian vogt // Heraeus Medical<br />

Working with bone cement now even easier<br />

3. dr. stefan vorberg // Heraeus Materials Technology<br />

New platinum-rhodium wafers for the fertilizer<br />

industry<br />

BesT Process InnovaTIon<br />

alan Mundy // Heraeus Quarzglas<br />

Successful technology transfer for quartz glass<br />

manufacturing<br />

BesT ProducT InnovaTIon<br />

1. Jan cuypers // Heraeus Electro-Nite<br />

Revolutionary temperature measurement with<br />

FiberLance<br />

2. dr. stephan Kirchmeyer // Heraeus Precious Metals<br />

Clevios – Organic electronics for touch<br />

screens<br />

3. nicole Gübler // Heraeus Materials Technology<br />

Platinum protection system lowers cost of<br />

manufacturing special glass<br />

BesT Process InnovaTIon<br />

Michael Hahn // Heraeus Quarzglas<br />

Cost-effective process for manufacturing<br />

large-diameter quartz glass tubes<br />

1. dr.-Ing. Tanja eckardt // W. C. Heraeus<br />

Cost-effective platinum composite material for<br />

spark plugs<br />

2. Jake Markham // W. C. Heraeus<br />

Highly flexible drive cable for minimally<br />

invasive surgery<br />

3. Markus schultheis // W. C. Heraeus<br />

Tubular sputtering target to coat thin-film<br />

solar cells


2008<br />

1. Jürgen Weber // Heraeus Noblelight / Heraeus Quarzglas<br />

Infrared emitter with a white nano reflector<br />

(QRC ® -reflector)<br />

2. danny Habets // Heraeus Electro-Nite<br />

ppb oxygen sensor for the cast-iron industry<br />

3. Wolfgang schmitt // W. C. Heraeus<br />

New silver contact as a lead-free solder<br />

replacement for the power electronics<br />

2006<br />

1. Johan Knevels // Heraeus Electro-Nite<br />

“Smart Sensor” Delta Dist ® for the steel<br />

production<br />

2. dr. Kyung chung // W. C. Heraeus<br />

New production process for coating materials<br />

2. dr. <strong>and</strong>reas utterodt // Heraeus Kulzer<br />

Universal composite for perfect dental fillings<br />

2004<br />

1. Paul verstreken // Heraeus Electro-Nite<br />

AlZin sensor for measuring aluminum in liquid<br />

zinc for the steel industry<br />

2. Bernd spaniol // W. C. Heraeus<br />

High temperature resistant niobium phosphorous<br />

contact wire<br />

2. Jeremy Woffendin // Heraeus Noblelight<br />

Laser excitation lamp<br />

2007<br />

1. silvia Werner // W. C. Heraeus<br />

Quartz glass microphotoreactor<br />

2. dr. stephan Thomas // Heraeus Quarzglas<br />

Suprasil ® 501 – Durable quartz glass for<br />

microlithography<br />

3. Paul niemczura // W. C. Heraeus<br />

Flux eliminates rollaway of solder spheres on<br />

printed circuit boards<br />

2005<br />

1. dr. uwe Jantsch // W. C. Heraeus<br />

Multiphase catalyst for the selective elimination<br />

of N O 2<br />

2. Martin Kendall // Heraeus Electro-Nite<br />

CasTemp – Through wall sensor<br />

3. Wolfgang schmitt // W. C. Heraeus<br />

Solder pastes with resin- <strong>and</strong> residue-free<br />

fluxes<br />

2003<br />

1. danny Habets // Heraeus Electro-Nite<br />

Sulfur sensor for the steel industry<br />

2. christina Modes // W. C. Heraeus<br />

LTCC tapes HeraLock ®<br />

3. dr. ralph sattmann // Heraeus Tenevo<br />

Online RIC technology for the optical data<br />

transmission


addresses<br />

Heraeus Holding gmbH<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Pohne: + 49 (0) 6181.35-0<br />

Fax: + 49 (0) 6181.35-3550<br />

pr @heraeus.com<br />

www.heraeus.de<br />

Heraeus precious metals gmbH & co. Kg<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Phone: + 49 (0) 6181.35-0<br />

Fax: + 49 (0) 6181.35-3588<br />

hpm@heraeus.com<br />

www.heraeus-precious-metals.com<br />

Heraeus materials technology gmbH & co. Kg<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Phone: + 49 (0) 6181.35-0<br />

Fax: + 49 (0) 6181.35-3131<br />

hmt@heraeus.com<br />

www.heraeus-materials-technology.de<br />

Heraeus metallh<strong>and</strong>elsgesellschaft mbh<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Phone: + 49 (0) 6181.35-2750<br />

Fax: + 49 (0) 6181.35-9444<br />

edelmetallh<strong>and</strong>el @heraeus.com<br />

www.heraeus-edelmetallh<strong>and</strong>el.de<br />

Heraeus Electro-nite International n.V.<br />

Centrum Zuid 1105<br />

3530 Houthalen, Belgium<br />

Phone: + 32 (0) 11.6002-11<br />

Fax: + 32 (0) 11.6004-00<br />

info.electro-nite.be@heraeus.com<br />

www.heraeus-electro-nite.com<br />

Heraeus Kulzer gmbH<br />

Grüner Weg 11<br />

63450 Hanau, Germany<br />

Service Hotline Dentistry:<br />

Phone: + 49 (0) 800.43 72 3368<br />

info.dent@heraeus.com<br />

Service Hotline Laboratory:<br />

Phone: + 49 (0) 800.43 72 522<br />

info.lab@heraeus.com<br />

Service Hotline Implants:<br />

Phone: + 49 (0) 800.47 63 288<br />

info.dental@heraeus.com<br />

dental@heraeus.com<br />

www.heraeus-dental.de<br />

Heraeus medical gmbH<br />

Philipp-Reis-Strasse 8 / 13<br />

61273 Wehrheim, Germany<br />

Phone: + 49 (0) 6181.35-3399<br />

Fax: + 49 (0) 6181.35-3366<br />

contact.medical@heraeus.com<br />

www.heraeus-medical.de<br />

Heraeus Quarzglas gmbH & co. Kg<br />

Reinhard-Heraeus-Ring 29<br />

63801 Kleinostheim, Germany<br />

Phone: + 49 (0) 6181.35-6453<br />

Fax: + 49 (0) 6181.35-7200<br />

quarzglas @heraeus.com<br />

www.heraeus-quarzglas.de<br />

Heraeus noblelight gmbH<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Phone: + 49 (0) 6181.35-8492<br />

Fax: + 49 (0) 6181.35-8410<br />

hng-info@heraeus.com<br />

www.heraeus-noblelight.com


Title:<br />

100 years of Heraeus Quarzglas: quartz glass<br />

used in specialty fiber products for the laser<br />

industry <strong>and</strong> much more.


Imprint<br />

Publisher:<br />

Heraeus Holding GmbH<br />

Corporate Communications<br />

Heraeusstrasse 12 – 14<br />

63450 Hanau, Germany<br />

Concept / Design:<br />

3st kommunikation, Mainz

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