Hitco Carbon Composites
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| Societas Europaea | |
| Traded as | : SGL |
| Industry | Chemicals |
| Founded | 1992 |
| Headquarters | Wiesbaden, Germany |
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Key people
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Robert J. Koehler (CEO and chairman of the management board), Max Dietrich Kley (Chairman of the supervisory board) |
| Products | Graphite and carbon electrodes, other graphite materials and systems, carbon fibres and composites |
| Revenue | €1.382 billion (2010) |
| €128.4 million (2010) | |
| Profit | €52.2 million (2010) |
| Total assets | €2.113 billion (end 2010) |
| Total equity | €877.9 million (end 2010) |
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Number of employees
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6,285 (end 2010) |
| Website | www.sglcarbon.com |
SGL Carbon SE is a German chemical company. It is one of the world's leading manufacturers of products from carbon. The company portfolio ranges from carbon and graphite materials to carbon fibers and composites. A broad base of materials, the deployment of the relevant technologies and many years of application and engineering expertise are the basis of the company's success.
With 38 production sites around the globe (20 in Europe, 12 in North America and 6 in Asia), and a service network in over 100 countries, the SGL Group is a globally operating company. The organizational structure was realigned on February 1, 2007 and streamlined from what used to be three business segments to two. Three globally aligned business units operate within these segments. The company headquarters is Wiesbaden, Germany.
The SGL share has been included in the German MDAX since 1995. In 2007, on sales revenues of €1,373.0 million, the company generated net income of €130.9 million. To the end of the 2007 fiscal year, the company employed 5,249 staff worldwide.
SGL Carbon AG originated in 1992 from a merger between SIGRI GmbH (Germany) and Great Lakes Carbon (USA) to share a company according to German law. Since March 2007, SGL Carbon AG has operated on the market as SGL Group - The Carbon Company.
SIGRI traced back to Gebr. Siemens & Co (Gesco), founded in Berlin as a subsidiary of Siemens AG in 1878. The company originally produced carbon. In 1920, the company set up a plant in Meitingen (Bavaria) and in 1928 merged with Planiawerke AG für Kohlefabrikation in Ratibor (Upper Silesia) to form the new Siemens Planiawerke AG für Kohlefabrikate. After the Second World War, the Meitingen plant of the Siemens Planiawerke AG für Kohlefabrikate merged with Chemische Fabrik Griesheim to form Siemens Plania Chemisches Werk Griesheim, the majority of which was acquired by Hoechst AG in 1953. In 1967, as a result of the merger with electrode manufacturing at Hoechst AG, Siemens Planiawerke AG für Kohlefabrikate also became a majority holding of the chemical company. There it was amalgamated with the Siemens Plania Chemisches Werk Griesheim and other enterprises of Hoechst AG. In 1985 it was renamed SIGRI GmbH and finally Hoechst AG acquired total ownership in 1989.
After the merger with Great Lakes Carbon, Hoechst AG retained a 50 percent stake in the new company. The remaining participation was sold in 1996 as part of restructuring of the Hoechst Group. Since then SGL Carbon AG has been widely held.
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Wikipedia