H&R GmbH & Co. KGaA
is a group with two operating divisions: the large chemical/pharmaceutical business, which accounts for 96% of the Group's turnover, as well as a precision plastics business. To increase transparency in reporting further and to meet the increasing requirments of the International Financial Reporting Standards (IFRS), the chemical/pharmaceutical raw materials division was split into two segments at the beginning of 2009:
Our largest segment ChemPharm Refining (national) includes the refineries in Hamburg-Neuhof and Salzbergen. At these production sites we essentially manufacture crude-oil bases specialities such as softeners, paraffins, white oils and base oils. Over 800 products are sold mostly via our sales partner Hansen & Rosenthal to more than 100 different industries.
Our ChemPharm Sales (international) segment combines numerous production plants as well as sales locations in European countries and overseas. The main products of our international division are non-labelled softeners for the tyre industry and wax emulsions for the building materials industry.
In the smaller plastics division we manufacture precision plastic parts and the moulds required for production. Besides the head office in Coburg we operate further production sites in Eastern Europe and Asia. Key customers are automotive OEMs and manufacture of electrical and medical equipment.