ASI Honor Roll

October 1, 2008
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This issue of Adhesives & Sealants Industry magazine brings you our third annual listing of the world’s top manufacturers of adhesives and sealants. Company rankings are based upon corporate sales for fiscal 2007.



Table. Total 2007 Corporate Sales*

Company/Total 2007 Corporate Sales
  1. 3M Co.: $24.462 billion
  2. Henkel KGaA: $19.190 billion/€13.07 billion
  3. Rohm and Haas Co.: $8.897 billion
  4. Nitto Denko Corp.: $6.790 billion/¥745.259 billion
  5. Avery Dennison Corp.: $6.3 billion
  6. Dow Corning Corp.: $4.943 billion
  7. Sika AG: $4.157 bllion/CHF 4.6 billion
  8. RPM International Inc.: $3.6 billion
  9. Bostik: $1.9 billion
  10. Forbo: $1.822 billion/CHF 2.004 billion
*Sources: Wright Investors Service, D&B, Yahoo Finance, company contact, press releases and annual reports

1. 3M Co.

3M Center
St. Paul, MN 55144-1000
(651) 733-1110
www.3m.com
Total estimated 2007 corporate sales: $24.462 billion

3M is a science-based company that produces thousands of imaginative products. The company is a leader in scores of markets - from health care and highway safety to office products and optical films for LCD displays. It operates in six segments: Industrial and Transportation; Health Care; Display and Graphics; Consumer and Office; Safety, Security, and Protection Services; and Electro and Communications.

The Industrial and Transportation segment offers tapes, coated and nonwoven abrasives, adhesives, specialty materials, filtration products, closures for disposable diapers, and components and products that are used in transportation applications.

3M Co., formerly Minnesota Mining and Manufacturing Co., was founded in 1902.

2. Henkel KGaA

GLOBAL HEADQUARTERS:
40191 Dusseldorf
Germany
NORTH AMERICAN HEADQUARTERS:
Henkel Corp.
1001 Trout Brook Crossing
Rocky Hill, CT 06067
(800) 562-8483
www.henkel.com
Total estimated 2007 corporate sales: $19.190 billion/€13.07 billion
Adhesives Technologies Business sales: $8.4 billion/€5.711 billion

Henkel Corp. produces adhesives, sealants and surface treatments that are distributed directly to OEMs and through an industrial distribution network. From Loctite® brand products, Henkel’s engineering adhesives group offers solutions to OEMs, MRO facilities and specialized medical markets.

Henkel Corp. operates in three strategic business areas: Home Care; Personal Care; and Adhesives, Sealants and Surface Treatments, serving transportation, electronics, aerospace, metal, durable goods, consumer goods, maintenance and repair, and packaging industries. The company also offers a range of products for the craftsman and consumer. Over 50,000 employees work for Henkel Corp. worldwide, with global headquarters located in Dusseldorf, Germany.

3. Rohm & Haas Co.

100 Independence Mall West
Philadelphia, PA 19106
(215) 592-3000
www.rohmhaas.com
Total estimated 2007 corporate sales: $8.897 billion
Packaging and Building Materials segment sales: $1.826 billion

Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty-materials industry. The company’s technologies are found in a range of industries, including: building and construction; electronics and electronic devices; household goods and personal care; packaging and paper; transportation; pharmaceutical and medical; water, food and food related; and industrial process. The Packaging and Building Materials segment provides formulated adhesives and adhesive polymers, performance enhancing additives, and specialty polymers and coatings. Rohm and Haas Co. sells its products and services primarily in North America, Europe, Asia-Pacific, and Latin America. The company was founded in 1907.

4. Nitto Denko Corp.

2-5-25, Umeda, Kita-ku
Osaka 530-0001, Japan
+81-6-6452-2101
Total estimated 2007 corporate sales: $6.790 billion/ ¥745.259 billion

Nitto Denko Group, based in Osaka, Japan, has operations in 25 countries and areas worldwide. The company’s over 13,500 products are created from more than 600 technologies developed during its 80+ year history.

Nitto Denko separates its business into three segments: Industrial Products (double-coated adhesive tape, barcode labels, etc.), Electronic Products (semiconductor encapsulating resins and flexible printed circuits), and Functional Products (tissue-cultured ginseng, pest control products, and transdermal patches). The Industrial and Electronics segments provide nearly all of the company's sales.

5. Avery Dennison Corp.

150 North Orange Grove Blvd.
Pasadena, CA 91103
(626) 304-2000
www.averydennison.com
Total estimated 2007 corporate sales: $6.3 billion

Founded in 1935, Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. Avery Dennison develops, manufactures and markets a range of products for consumer and industrial markets, including Avery-brand office products, Fasson-brand self-adhesive materials, peel-and-stick postage stamps, reflective highway safety products, automated retail tag and labeling systems, and specialty tapes and chemicals.

6. Dow Corning Corp.

2200 Salzburg St.
Midland, MI 48640-8531
(989) 496-4000
www.dowcorning.com
Total estimated 2007 corporate sales: $4.943 billion

Dow Corning, established in 1943 to explore the potential of silicones, was created as a joint venture between Corning Glass Works (now Corning Inc.) and The Dow Chemical Co.  Today, Dow Corning provides performance-enhancing solutions for more than 20,000 customers worldwide. The company is a global leader in silicon-based technology and innovation, offering more than 7,000 products and services. More than half of Dow Corning’s annual sales are made outside of the U.S.

7. Sika AG

Zugerstrasse 50
CH-6341
Baar, Switzerland
+41 41 768 68 00
www.sika.com
Total estimated 2007 corporate sales: $4.157 billion/CHF 4.6 billion

Sika AG, Baar, Switzerland, is a global supplier to the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construction) and in industry (vehicle, building component, and equipment production).

The company has subsidiaries in more than 70 countries worldwide and approximately 11,000 employees.

8. RPM International Inc.

2628 Pearl Road
P.O. Box 777
Medina, OH 44258
(330) 273-5090
www.rpminc.com
Total estimated 2007 corporate sales: $3.6 billion

RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.

9. Bostik

GLOBAL HEADQUARTERS:
Bostik S.A.
Paris la Défense, France
AMERICAS HEADQUARTERS:
Bostik Inc.
11320 Watertown Plank Road
Wauwatosa, WI 53226
(414) 774-2250
www.bostik-us.com
Total estimated 2007 corporate sales: $1.9 billion
Bostik’s 2007 total North American adhesive and sealant sales: $523 million

Bostik is one of the largest adhesive and sealant companies in the world today. The group designs, manufactures and markets adhesives, sealants, and coatings to three key sectors: Industry, Construction, and Consumer. Its products are used in a range of fields, from gas-tankers and buildings to furniture and diapers.

The company also enjoys top positions in different market segments:
  • No. 1 worldwide for nonwoven disposable products: 80 billion diapers per year are produced containing Bostik adhesives.
  • No. 2 worldwide for building applications, tiling, flooring, waterproofing, renovation, and construction and decoration.
  • No. 1 in France and strong positions in other European countries for consumer markets.
  • No. 4 worldwide in industry applications, such as flexible and rigid packaging, assembly, tapes and labels, automotive, marine, and wood.


10. Forbo International

Lindenstrasse 8
P.O. Box 1041
CH – 6341
Baar, Switzerland
+ 41 58 787 25 25
Total estimated 2007 corporate sales: $1.822 billion/CHF 2.004 billion
Bonding Systems Division sales: $694.684 million/CHF 763.7 million

Forbo is a leading producer of flooring systems, adhesives and chemical bonds, as well as power transmission and conveyor-belt solutions. Forbo Bonding Systems is one of the world’s top suppliers of industrial adhesives. The division formulates and manufactures high-performance intermediates and products for bonding applications such as flooring, tiling and construction elements; car interiors; furniture and woodworking; paper processing and packaging; shoes and textiles; assembly processes for electronics and medical equipment; and synthetic polymer emulsions for packaging, construction, carpet, and textile industries.

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