5. Press and News

Current News

Here you find the current press releases for ELANTAS.

Aug 25, 2022

Half-year results: ALTANA again posts double-digit growth

• Sales 18 percent above previous year’s level
• EBITDA margin 17 percent in the first half year
• Further milestones achieved in innovation and climate protection

Aug 16, 2022

Leadership Change in ALTANA’s ELANTAS division

• At the end of the year, Dr. Guido Forstbach will hand over the worldwide leadership of the ELANTAS division to Ravindra Kumar
• Jan Behnke will become managing director of the U.S. company ELANTAS PDG

Aug 09, 2021

Half-year results: ALTANA posts double-digit growth

ALTANA achieved double-digit growth in the first half of 2021. In the first six months of the year, the specialty chemicals group’s sales rose by 24 percent to 1,334 million euros compared to the same period of the previous year (1,078 million euros), which was significantly influenced by the coronavirus pandemic.

Mar 19, 2021

2020 Results: ALTANA’s sales down only slightly, EBITDA exceeds previous year’s level

• Sales of 2,178 million euros, 3 percent below the previous year’s level
• ACTEGA division grows by 9 percent
• EBITDA increases by 2 percent to 426 million euros
• Research and development spending remains at a high level
• CO2 footprint reduced by 50 percent
• Forecast for 2021: growth in the course of economic recovery

Aug 14, 2020

ALTANA’s half-year results: sales below the previous year due to the coronavirus; EBITDA margin declined slightly at a high level

• Sales decrease by nearly 7 percent to 1,078 million euros
• EBITDA margin reaches 18.7 percent
• Company continues to invest in the future; worldwide conversion to CO2-neutral power supply already implemented
• Forecast for the year as a whole: single-digit decline in sales

May 29, 2020

Change at the top of ALTANA’s Supervisory Board

Dr. Matthias L. Wolfgruber new Chairman - The Supervisory Board of the specialty chemicals group ALTANA has reconstituted itself. The Supervisory Board elected Dr. Matthias L. Wolfgruber, who has been a member of the Supervisory Board of ALTANA AG since March 2016, as its new chairman.

Mar 20, 2020

2019 Results: ALTANA Holds Its Ground in a Challenging Environment and Sets the Course for Further Growth

• Sales of € 2,249 million, nearly 3 percent below the strong level of the previous year
• EBITDA reaches € 416 million
• Research and development expanded further, R&D expenditure increased by 7 percent
• High investments in international sites and digitization

Feb 13, 2020

Jordan Named Director – Business Development and Strategic Marketing

ELANTAS PDG, Inc. (EPDG) has appointed Rick Jordan as Director – Business Development and Strategic Marketing for the Electronics business line.

Feb 13, 2020

Dr. Murray Named VP and Director ELANTAS Global Technology Development

ELANTAS PDG, Inc. (EPDG) announces the promotion of Dr. Thomas Murray to Vice President and Director of ELANTAS Global Technology Development.

Jan 15, 2020

Change in ELANTAS PDG, Inc. Management

ELANTAS PDG, Inc. (EPDG) announces the retirement of Dr. Susan Graham and the appointment of Ravindra Kumar as President and CEO as of January 1st.

Jan 09, 2020

ALTANA CO2 Neutral by 2025

• By 2025 the specialty chemicals group will reduce its CO2 impact from production and energy procurement to zero worldwide
• Complete conversion to green electricity already in 2020
• Call for significant strengthening of renewable energies

Jan 03, 2020

ALTANA division ELANTAS Bolsters India Business

ELANTAS, a division of the specialty chemicals group ALTANA, is acquiring the wire enamels activities of Hubergroup India and thus growing its business in India.