Höganäs AB
| [[]] Hoganas logo |
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| Type | Public |
|---|---|
| Traded as | Template:Nasdaq OMX Hogab:SS |
| Industry | Powder Metallurgy |
| Founded | 1797 |
| Founder(s) | Count Eric Ruuth |
| Headquarters | Bruksgatan 35 , Hoganas, Sweden |
| Area served | Worldwide |
| Key people | Alrik Danielson (President & CEO) |
| Revenue |  SEK 6671 million (2010) |
| Operating income | SEK 1114 million (2010) |
| Net income | SEK 804 million (2010) |
| Total assets | SEK 5667 million (2010) |
| Total equity | SEK 3239 million (2010) |
| Divisions |
Hoganas Brasil |
| Website | www.hoganas.com |
Hoganas AB ([Hogab:SS])is a Swedish multinational which is the world's largest producer of powdered metals.[1]. It develops and markets powders for customers in metallurgical industries.
The Company's business portfolio comprises such products and services as sintered components, electromagnetic applications, brazing, chemical and metallurgical,hot polymer filtration, iron fortification, friction, GLIDCOP, sintered stainless steel filters, surface coating and welding, among others.
Hoganas AB is operational worldwide through a number of subsidiaries, including Hoganas HOGAP AB, Hoganas Japan K.K, Hoganas East Europe LLC, Hoganas France S.A.S, Hoganas Italia S.r.I and North American Hoganas Holdings Inc. among others.
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[edit] History
The company was founded in 1797 as a coal mine by Count Eric Ruuth. It also made refractory and salt glazed ceramics. The company is technology leader within its field and has 1400 customers in 65 countries with more than 1500 products, mostly customer specific, from 14 production centres situated in all main continents. The company has 1600 employees and a turnover of approximately 900 MUSD. Hoganas AB is listed on the OMX in Stockholm.
The company’s products are found in a series of application areas from structural components to the automotive industry, to metal surface coatings to iron fortification of food.
The world leading Swedish iron ore producer LKAB has been one of the major suppliers since 1909.
[edit] Business Segments
Hoganas has six business segments where there is high potential to create cost efficiency and environmental benefits using powder technology.[2]
Powder Metallurgy can make many components more efficient, lighter and more environmental. Gear-wheels in the automotive industry are one example.
Surface Coatings with powder generate lower costs and environmental impact for applications where wear resistance is important
Brazing with powder-based braze flux gives optimal results despite the powder having a lower content of costly or un-environmental metals like nickel and copper than traditional equivalents. The result is greater strength, plus financial and environmental savings.
Electromagnetic Applications, such as electric motors produced from SMC powders are lighter, more compact and cheaper than traditional motors with, simultaneously, higher efficiency. They are easier to manufacture and recycle.
Filters are cheaper and have better characteristics with metal powder. They withstand higher temperatures and are more efficient with longer useful lives. Key application segments are exhaust purification in diesel engines and water treatment in waterworks. Metal powder can also be used directly for decontaminating water or land.
Injection moulded components are produced with the aid of a technology that offers the same benefits as pressed components, simultaneous with greater design flexibility.
[edit] See also
[edit] External links
[edit] References
- ^ Hermann Simon mentioned this company in his correspondent Book as an example of a "Hidden Champion" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- ISBN 978-0-387-98147-5.)
- ^ http://www.hoganas.com/Documents/Annual%20reports/H%C3%B6gan%C3%A4s_2010_Annual%20Report.pdf
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