TOP ADHESIVE AND SEALANT PRODUCERS
- 3M. Estimated 2006 total corporate sales: $22.9 billion
- Henkel. Estimated 2006 total corporate sales: $15.9 billion
- Rohm and Haas. 2006 total corporate sales: $8.230 billion. 2006 Adhesives and Sealants business net sales: $723 million
- Nitto Denko. Estimated 2006 total corporate sales: $5.952 billion
- Avery Dennison. 2006 total corporate sales: $5.575.90 billion
- Tosoh. Estimated 2006 total corporate sales: $5.5 billion
- National Starch. Estimated 2006 total corporate sales: $3.7 billion
- RPM Inc. Estimated 2006 total corporate sales: $3.3 billion
- Bostik. 2006 total corporate sales: $1.7 billion
- Forbo. 2006 total corporate sales: $1.544 billion; Forbo Bonding Systems. 2006 sales: $600.9 million
- H.B. Fuller. 2006 total corporate sales: $1.472 billion
Spotlight on #2: Henkel
Global Headquarters:HENKEL KGaA
40191 Dusseldorf
Germany
North American Headquarters:
Henkel Corp.
1001 Trout Brook Crossing
Rocky Hill, CT 06067
Phone: (800) 562-8483
Website: www.henkel.com
CEO: Dr. Ulrich Lehner
Global A&S sales:€3.5 billion/$4.4 billion U.S. (adhesives, sealants and surface treatments)
Total corporate sales:€12.7 billion/US$15.9 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 offer 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.
Parent company: HENKEL KgaA
Spotlight on #7: National Starch and Chemical Co.
Address:10 Finderne Ave.Bridgewater, NJ 08807
Phone:(908) 685-5000
Website:www.nationalstarch.com
E-mail:nscinquiry@salessupport.com
President/CEO:John McAdam
Global A&S sales:$1.9 billion
Total corporate sales:$3.7 billion
Recent mergers/acquisitions or announcements:
ICI, National Starch and Chemical Co.’s parent company, recently acquired U.S.-based technology business Advanced Applied Adhesives (AAA) to enable commercial exploitation of AAA’s technologies in the semiconductor and electronic component assembly markets through ICI’s Electronic Materials (EM) business.
National Adhesives also recently formed a strategic alliance with Kleiberit Adhesives of Germany to build a state-of-the-art manufacturing facility for polyurethane reactive hot-melt adhesives. In addition, National Adhesives’ recent partnership with SigmaFlow will provide Six Sigma consulting services and integrated software to National Adhesives customers.
National Starch and Chemical Co. has expanded its adhesives, synthetic polymers and electronic materials manufacturing facilities at its Salisbury, NC, plant to accelerate efforts to supply high-quality, innovative adhesives to the pressure-sensitive and transdermal markets; specialty polymers to the hair care and skin care markets; and custom resins and fillers used in the manufacture of adhesives, coatings and encapsulants for electronic assembly.
Headquartered in Bridgewater, N.J., National Starch and Chemical Co. is a worldwide leader in the development and manufacture of adhesives, specialty polymers, natural polymers, and electronic materials. Everything that National makes does one or more of the following for its customers’ products: adhere, bind, thicken, texturize, structurize, coat, or encapsulate.
Parent company:ICI
Number of employees:8, 900
Number of plants/facilities:146
Publicly or privately held?:Privately held
What end-use markets do you manufacture for?
National’s adhesives products are used in consumer packaging, footwear, bookbinding, transdermal drug delivery, pressure-sensitive tapes and labels, lumber and wood, construction, product assembly, diapers, feminine care, paper converting, automotive, building components, disposables, tissues and towels.
What new products did you introduce in 2006?
EASY-PACTMPackage Sealing Solution for case and carton sealing applications; 32-541A resin Ultimate ControlTMadhesive for lamination applications; ETI-MELTTM396 high-tack, light-color labeling adhesive for creating a “no-label” look on clear films; PURFECT GLAZE®91-169A sealant for vertical window glazing operations; and Bondmaster®40-453A adhesive for bonding various facings to lightweight fiberglass for industry insulating applications.
What are the biggest challenges your company faces? What steps has the company taken to overcome those challenges?
Raw material supply issues are a growing challenge. National works to leverage its global network of suppliers and to develop new local suppliers around the world in order to manage and mitigate risk issues.
In which end-use markets do you see the greatest growth for adhesives and sealants?
Medical and electronics are two high-growth areas.
Spotlight on #8: RPM International Inc.
Address:2628 Pearl RoadP.O. Box 777
Medina, OH 44258
Phone: (330) 273-5090
Website: www.rpminc.com
E-mail: info@rpminc.com
President/CEO: Frank C. Sullivan
Global A&S sales: approx. $770 million
North American A&S sales:approx. $530 million
Total corporate sales:$3.3 billion
Recent mergers/acquisitions or announcements:
For RPM’s 2007 fiscal year ended May 31, the company reported record sales, record net income and record diluted earnings per share. It was the successful conclusion of a five-year plan laid out in 2002 in which RPM aspired to grow sales to $3.35 billion from $2 billion, double net income to $200 million from $100 million, and grow its European presence from $180 million to $500 million.
Also in fiscal 2007, RPM acquired five businesses: The Dane Group, Nu-Chem, Permaquik, The Watco Group and Tor Coatings. RPM also acquired 14.99% of the outstanding shares of Kemrock Industries. All are now under the RPM umbrella and generate approximately $120 million in annual sales.
RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants. RPM’s industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. RPM’s consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement and automotive/boat repair and maintenance.
Parent company:n/a
Number of employees:9,400 worldwide
Number of plants/facilities: Approximately 90
Publicly or privately held?: Publicly (NYSE: RPM)
What end-use markets do you manufacture for?
RPM serves both industrial and consumer markets.
What new products did you introduce in 2006?
Among many are:
- DAP’s Stik adhesives line. These products use exclusive technologies and innovative delivery systems. They make gluing cleaner, easier, more precise and stronger.
- Eliminating two major hassles of patch and repair jobs - mess and mixing - DAP has developed Presto Patch Ready-Mixed Multi-Purpose Patching Compound. Formulated to repair both interior and exterior surfaces, Presto Patch sets in just 30 to 60 minutes and dries with minimal shrinkage.
- New from Bondo comes Dynatron-branded UltraGrip II, a specialized lightweight auto-body filler used by repair professionals and designed for superior adhesion to galvanized steel and aluminum on today’s advanced vehicles.
- Bondo has also introduced Laminex Lexzar M-Pact Gel Coat, a patent-pending product designed to replace polyester gel coats used in the boat building industry. Its new technology provides long-term protection from the sun’s harmful ultraviolet rays, reduces labor costs, speeds production and is free of VOCs.
- Stops Rust MultiColor Textured, which provides a high-end, premium look to update everything from patio furniture to planters, and Rust-Oleum Semi-Transparent Concrete Stain Kit. The latter includes the first water-based concrete stain that gives the appearance of acid stains in an easy to use DIY-friendly format.
What are the biggest challenges your company faces? What steps has the company taken to overcome those challenges?
A major challenge is the dramatic and sustained increase in raw material costs, which is being driven by demand-economic growth in developing countries and the impact of geopolitical events on the price of oil and the lingering effect on the U.S. chemical industry of the 2005 Gulf Coast hurricanes. In the long run, a combination of an improved geopolitical atmosphere, more efficient use of energy (particularly related to fueling automobiles), and significant capacity coming on in the Middle East and China should serve to bring raw-material costs down over the next three to five years, thus allowing for margin recovery across the whole industry.
In which end-use markets do you see the greatest growth for adhesives and sealants?
DAP’s adhesives and sealants are focused on both the professional end user and the do-it-yourself consumer. Growth markets and trends for the professional end user of DAP’s adhesives are relative to residential construction and industrial or OEM use. Growth markets for both the professional and the do-it-yourselfer include VOC, energy efficient, and green products.
Spotlight on #9: Bostik
Global Headquarters:Bostik S.A., ParisPresident & CEO: André Ladurelli
Americas Headquarters:Bostik Inc.
11320 Watertown Plank Road
Wauwatosa, WI 53226
Phone:(414) 774-2250
Website:www.bostik-us.com
President/CEO: Mike Klonne
Global A&S Sales: $1.7 billion
North American A&S Sales: $493.3 million
About the Company:
Bostik is a global organization that manufactures and sells a variety of adhesives, sealants, coatings, and related compounds to the nonwoven/hygiene, packaging, converting, assembly, industrial, construction, flooring, DIY, transportation, textile, and laminating marketplaces. This is accomplished through a network of direct sales, sales agents and distributors.
Parent Company: TOTAL, Paris
Number of Employees: 4,600 worldwide
Number of plants/facilities:51 worldwide
Publicly or privately held?: Publicly held
