Plansee Group Explained

Plansee Holding AG
Type:Aktiengesellschaft
Founded:1921
Location:Reutte, Austria
Products:Powder-metallurgical materials
Key People:Executive Board: Bernhard Schretter and Karlheinz Wex
Chairman of Supervisory Board: Michael Schwarzkopf
Revenue: 2.4 billion
Num Employees:14,145
Homepage:https://www.plansee.com/

The Plansee Group (named after Lake Plansee; company name: Plansee Holding AG) is an Austrian company based in Reutte that specialises in the powder metallurgical production of materials (molybdenum and tungsten) and in processing them into tools and moulded parts.[1] The Plansee Group is a private company and is considered a global market leader.[2] [3]

History

Paul Schwarzkopf (born 13 April 1886), an industrial entrepreneur and pioneer in the powder metallurgy field,[4] founded Metallwerk Plansee GmbH in 1921. Schwarzkopf, who was searching for a suitable production site close to a hydropower station at the time by placing a newspaper advertisement, ultimately decided in favour of Reutte. Between 1929 and 1931, the company started to produce carbides and hard materials using new and specially developed approaches.[5]

In 1938, Schwarzkopf was expropriated following the annexation of Austria to the German Reich, as he was considered to be Jewish under the Nuremberg laws and decided to flee from the National Socialists to the USA. As a result, the company was part of Deutsche Edelstahlwerke AG between 1938 and 1952.[6]

In 1939, Schwarzkopf founded the American Electro Metal Corporation, today operating as Plansee USA LLC. Schwarzkopf continued to conduct research in the field of powder metallurgy in exile and returned to Europe in 1947. In 1952, Paul Schwarzkopf became the sole proprietor of Metallwerk Plansee GmbH again and expanded the company into an international enterprise.Paul Schwarzkopf died in his home of Reutte in 1970. The company was subsequently run by relatives and non-family managers.[7] In the early 1980s, the Plansee Group comprised 14 companies worldwide. In 1987, the operations of Plansee High Performance Materials and Plansee Hard Metal Tools (Plansee Tizit) became separate divisions.[8]

In 1996, a fire broke out in the sintering plant of Plansee Tizit in Reutte. Hilde Schwarzkopf, who represented the family’s interests on the Supervisory Board from 1978 on and was referred to as the Grande Dame of Tyrolean Industry, appeared before the workforce shortly thereafter, announcing her commitment to the reconstruction of the site despite the damage it had incurred.[9]

In 2002, the Plansee Group merged its division Plansee Hard Metal Tools with the Luxembourg company Cerametal, forming the new company Ceratizit.[10] The Plansee Group owns a 50 percent stake in Ceratizit. A joint venture had previously existed between Cerametal and Plansee in 1948.

In 2008, the Plansee Group acquired the division GTP from Osram Sylvania.[11] [12] Since 2011, the Plansee Group has successively acquired business interests in the Chilean molybdenum and rhenium producer Molymet.[13]

Today, the Plansee Group is divided into three divisions - Plansee High Performance Materials, Ceratizit Hard Metals & Tools and Global Tungsten & Powders - and holds interests in one company, which is Molymet.[14]

The Group operates 49 production sites worldwide on three continents and sales offices in 50 countries.

Corporate structure

Plansee Holding AG maintains the following divisions and shareholdings:

Plansee High Performance Materials

See main article: Plansee SE.

Plansee High Performance Materials develops and produces semi-finished products and components made from molybdenum, tungsten as well as tungsten-based heavy metal alloys.[15] These metals are required in applications such as the coating industry, energy transmission, the lighting industry, high-temperature furnace construction, semi-conductor production, the electronics industry and medical technology. These metals are used where conventional metals reach their physical limits.

In September 2017, Plansee founded the material search platform Matmatch. The platform allows material experts or buyers worldwide to learn about more than 80,000 known materials and contact potential suppliers.[16] [17]

Ceratizit Hard Metals & Tools

See main article: Ceratizit.

Ceratizit S.A. is a public limited company based in Mamer, Luxembourg – a company in which Plansee Holding AG holds a 50 percent stake.[18] [19]

Ceratizit develops and produces tools for machining and wear parts for industrial production from hard metal and other hard materials. After a series of smaller acquisitions of solid carbide tool manufacturers, Ceratizit acquired the Komet Group in October 2017, a manufacturer of precision tools.[20] [21]

Global Tungsten & Powders

Global Tungsten & Powders (GTP), headquartered in the USA, is one of the leading producers of tungsten powder. Tungsten ore concentrates are processed into ammonium paratungstate (APT) and then into tungsten metal powder, tungsten carbide and ready-to-press powders. GTP has a subsidiary, Bruntál (Czech Republic), and was integrated into the Plansee Group on 1 August 2008 following approval by the antitrust authority, becoming the fourth division at that time.[22]

On 12 June 2015, GTP acquired Tikomet in Finland, a company specialised in the recycling of hard metal scrap.[23]

The division PMG Sinterformteile was sold in 2011.[24] Holding functions of the Plansee Group are pooled in Plansee Group Service GmbH, based in Breitenwang/Reutte.

Molymet

The Plansee Group holds a 20 percent stake in the publicly traded Molibdenos y Metalas S.A. (Molymet for short), based in Santiago de Chile.[25] Molymet specialises in the processing of molybdenum ore concentrates and rhenium.[26]

Products

The companies of the Plansee Group cover the entire powder metallurgy process chain. The extracted ore is processed into pure metal powder. The powder is then worked into semi-finished products and tool blanks using powder metallurgical methods – including pressing, sintering and forming – and is subsequently processed mechanically. Depending on the requirement, the Plansee Group supplies metal powder, semi-finished products or ready-to-install components made from refractory and hard metals. Since resources are scarce and expensive, the first step - procuring the raw materials by cooperating with mines or recycling facilities - is becoming increasingly important.

The Plansee Group primarily processes molybdenum and tungsten, but also other refractory metals such as tantalum, niobium and chromium as well as their alloys and composites.

Sales markets include consumer electronics, the automotive industry, mechanical engineering, the construction industry, energy engineering, medical technology, the semiconductor industry and aerospace.

Social commitment

Paul Schwarzkopf Foundation

The foundation named after the company founder Paul Schwarzkopf, based in Reutte, supports adolescents from economically disadvantaged families, assisting with their training and continuing education.[27] [28]

Plansee concerts

The concerts were initiated by Hilde and Walter Schwarzkopf and have taken place on a regular basis since 1975. They are organised and financed by the Plansee Group. A season includes five predominantly classical concerts. The concert hall built on the Plansee Group premises in Reutte in 1978 serves as the canteen for employees during the day.[29] [30]

Plansee Seminar

The Plansee Seminar is an international conference on the development and production of refractory metals and hard materials. Experts from the realms of research, science and industry discuss applications, materials, production technologies as well as testing and characterisation methods. The Plansee Seminar is held every four years and is organised by the Plansee Group. The first Plansee Seminar took place in Reutte in 1952.[31]

External links

Notes and References

  1. (Hermann Simon: Hidden Champions des 21. Jahrhunderts : Die Erfolgsstrategien unbekannter Weltmarktführer. Campus, Frankfurt a. M. 2007,, S. 21)
  2. Web site: Plansee Group mit 11% Umsatzsteigerung. Wirtschaftszeit.at. 2019-02-04. de.
  3. Die Weltmeister des Exports, Kurier, (Österreich) vom 13. September 2018, Seite I2, I4, I6.
  4. Web site: Schwarzkopf, Paul. 2019-02-04. Austria-Forum https://austria-forum.org. de.
  5. Web site: Paul Schwarzkopf. Wilhelm Exner Medaillen Stiftung. 2019-02-04. 2017-03-01. de-DE.
  6. Web site: Schwarzkopf, Paul. Austria-Forum. 2019-01-30.
  7. Web site: Quoten sind beleidigend. Die-wirtschaft.at. 2019-02-04. Hilde Schwarzkopf. de.
  8. Web site: CERATIZIT - die Geschichte - Über uns. 2019-02-04. https://web.archive.org/web/20120327161512/http://www.ceratizit.com/geschichte_DEA_HTML.htm. dead. 2012-03-27. 2012-03-27.
  9. Web site: Plansee: Tiroler Metallurgiekonzern mit Weltruf. Top.Tirol. 2019-02-04. Alois Vahrner. de.
  10. Web site: CERATIZIT – die Geschichte. . 2019-03-16 . https://web.archive.org/web/20120327161512/http://www.ceratizit.com/geschichte_DEA_HTML.htm . 2012-03-27 . dead .
  11. Web site: Plansee-Gruppe übernimmt amerikanischen Pulverspezialisten GTP. 2019-02-04. Plansee. de.
  12. Web site: Verkauf des Wolfram-Geschäfts an Plansee Gruppe abgeschlossen. 2019-02-07. de-DE.
  13. Web site: Chile-Connection sichert Rohstoffe ab. Tiroler Tageszeitung. 2019-02-04. Mittermayr Helmut. 2017-07-02.
  14. Web site: Plansee-Gruppe veräußert PMG. 2011-12-16. 2019-03-16.
  15. Web site: PLANSEE SE. EFDS. 2019-01-30. https://web.archive.org/web/20190221165645/https://www.efds.org/de/mitglieder/86-mitglieder/mitglied-typ/unternehmen/460-plansee-se. 2019-02-21. dead.
  16. Web site: Plansee. Matmatch. 2019-01-30. en.
  17. Web site: "Guardiola statt Ronaldo": Wechsel bei Plansee-Aufsichtsrat. Tiroler Tageszeitung. 2019-02-04. Rauth Christoph. 2017-07-09.
  18. Cordelia Chaton: Ceratizit aus Mamer feierte gestern seinen 75. Geburtstag. 75 Kerzen und viel hartes Metall. Luxemburger Wort, 14. Oktober 2006. S. 87.
  19. Web site: Produktionsstätten in Luxemburg. . 2019-03-16 . https://web.archive.org/web/20100612083533/http://www.ceratizit.com/produktionsstaetten_luxemburg_DEA_HTML.htm . 2010-06-12 . dead .
  20. http://www.ceratizit.com/9274_DEA_HTML.htm Verschmelzung CERATIZIT Standorte in Deutschland.
  21. Web site: Plansee-Betrieb Ceratizit tätigt größte Übernahme seiner Geschichte. 2019-02-04. 2017-10-13. de.
  22. Web site: Global Tungsten Carbide Powder Market 2018-2023 - Increasing Demand of Tungsten Carbide-Based Machine Tools, Cutting Tools, & Abrasive Products. 2019-02-07. Research and Markets. en.
  23. Web site: Plansee übernimmt finnischen Hartmetall-Recycler Tikomet. 2019-02-07. Sahin Serdar. 2015-06-18.
  24. Web site: Plansee trennt sich von PMG. 2019-02-07. 2011-07-13. de.
  25. Web site: Plansee-Gruppe beteiligt sich am chilenischen Unternehmen Molibdenos y Metales S.A.. 2019-02-07. Plansee. de.
  26. Web site: History. GTP. 2019-01-30. en.
  27. Web site: Dr. Paul Schwarzkopf - Stiftung - 529900A5KVG3LRDSMU50. Bundesanzeiger Verlag. 2019-01-30.
  28. Web site: Stiftungs- und Fondsregister. Tirol. 6. https://web.archive.org/web/20190221224144/https://www.tirol.gv.at/fileadmin/themen/gesellschaft-soziales/staatsbuergerschaft/downloads/Bildungs-Forschungswesen_2015.pdf. 2019-02-21. 2019-01-30. dead.
  29. Web site: Vorschau auf die Plansee Konzerte 2017. MeinBezirk.at. 2019-02-11. 27 October 2016. de.
  30. Web site: Plansee Konzerte. 2019-02-11.
  31. Web site: Plansee Seminar Plansee. 2019-02-04. Plansee Group.