HC Starck reports increased sales despite weak market development

April 7, 2015

April 7, 2015

The H.C. Starck Group, headquartered in Munich, Germany, has reported that in 2014 the company increased its sales volume to €785.9 million, up from €703.9 million in 2013.

“The increase in sales was also supported by our strategic growth projects in Asia: the tungsten joint ventures in China and Vietnam. That helped us grow significantly our tungsten powder business, and gain large market shares especially in Asia,” stated Andreas Meier, CEO of H.C. Starck. “Overall, though, 2014 was shaped by the difficult economic situation in our global core markets, which hurt the profitability of the business.”

Sales in the tungsten powder division increased by more than €75 million in 2014, bolstered by new customers and market share gains. In addition, the tungsten joint venture in China led to a significant sales-volume increase. The tungsten component business also saw a clear increase in sales volume, in particular thanks to the competitive cost structure at the division’s Chinese manufacturing site.

In the tantalum and niobium powder business, H.C. Starck reported no increase in demand. But despite this difficult market environment, the company was able to gain market shares for tantalum powders and reinforce its competitive position.

In the Surface Technology and Ceramic Powders division, H.C. Starck saw a double-digit percentage increase in sales. In particular, the thermal spray powder business benefited from increased demand in the United States and several new products and customers. The products sold under the names Amperit and Ampersint are important materials for energy production, medical technology as well as the oil and gas industry.

Despite the difficult situation in 2014, H.C. Starck managed to increase its investments up to around €40 million. The major part of the budget was spent for the construction of the production facilities of the new tungsten joint venture in Vietnam, into the German production sites and into the further expansion of the tungsten joint venture in China.

Research and development focused on projects to increase the yield in processing secondary materials and by-products, to continuously improve the quality of high-capacity tantalum and niobium powders, and to develop special tungsten carbides for the Asian market. Additionally, H.C. Starck signed a development contract with Rapid Prototype and Manufacturing (rp+m), a US company specialising in Additive Manufacturing.

The focus of the ongoing fiscal year is on optimizing the powder business. “With the complete startup and maximum capacity utilisation of our tungsten joint ventures in China and Vietnam, we are perfectly positioned to leverage Asia’s market potential and the demand for tungsten for our own growth,” added Andreas Meier. “Together with our existing tungsten powder production lines in Germany and Canada, that makes us the world’s largest independent tungsten manufacturer.”


Subscribe to our FREE e-newsletter

Register to receive our FREE e-newsletter and a complimentary digital subscription to Powder Metallurgy Review magazine.

Useful links: Download PM Review magazine | News headlines | Browse articles 


April 7, 2015

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link