Wesel, October 4, 2005
Dr. Christoph Schlünken is new President of the Effect Pigments Division and Chairman of the Management Board of the ECKART Group
After the acquisition of the ECKART Group and its integration as the fourth division of ALTANA Chemie AG, Wesel, we hereby announce that Dr. Christoph Schlünken will lead the new Division Effect Pigments as President, he is also Chairman of the Management Board of the ECKART Group. Schlünken has made an outstanding contribution to building up and developing ALTANA Chemie’s Electrical Insulation division to become the clear global market leader.
Dr. Christoph Schlünken started his career at ALTANA Chemie as Business Manager Varnish/ Compounds and Managing Director of ALTANA Electrical Insulation in October 2001. In January 2003 he took the lead of the Division Electrical Insulation. Christoph Schlünken holds a doctorate in chemistry from the University of Würzburg. In 1993 he joined Rütgerswerke AG in Frankfurt. He moved on to Bakelite AG in 1994 and held a variety of management positions in the area of marketing and sales, ultimately as the Global Business Unit Manager Moulding Compounds.
The 43-year-old is a member of the executive management team of ALTANA Chemie and recently oversaw the largest integration to date in ALTANA Chemie’s history, the acquisition of the electrical insulation business from Schenectady adding three production sites in Germany and India. The Division Electrical Insulation he was previously responsible for achieved 2004 sales of €291m with around 870 employees.
With this move ALTANA Chemie ensures the best possible start for ECKART under the umbrella of
ALTANA Chemie develops and produces high-quality, innovative products in the specialty chemicals business. The chemicals activities of the ALTANA Group as a globally active group of companies are consolidated in ALTANA Chemie AG. ALTANA Chemie AG with its headquarters in Wesel, Germany, is the holding company for the Divisions Additives & Instruments, Effect Pigments, Electrical Insula-tion and Coatings & Sealants. ALTANA Chemie provides innovative and environmentally compatible solutions, along with the appropri-ate special products, for coatings manufacturers, paint and plastics processors, and the electronics industry. The range of products includes additives, special coatings, effect pigments, sealants, compounds, impregnating agents, and testing and measuring equipment. In its target markets the company occupies a leading position in terms of quality, product solutions, innovation and service. In 2004 ALTANA Chemie, with over 2,500 employees, achieved sales of €854m. Sectorally, with an EBITDA of around 19%, ALTANA Chemie is among the most innovative, fast-developing and profitable chemical corporations in the world.
Forward-looking statements speak only as of the date they are made. ALTANA does not intend, and does not assume any obligation, to update forward-looking statements to reflect facts, circumstances or events that have occurred or changed after such statements have been made.