Facts and Figures 2012
Facts and Figures 2012
Facts and Figures 2012
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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