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Hempel A/S has closed new strategic partnership deal with CVC and welcomes two new board members

In May, Hempel A/S announced CVC Funds as minority investor. The transaction has now been  completed, following regulatory approval. As part of this, Hempel A/S announces the appointment of Christoffer Sjøqvist and Michael Lavrysen to its Board of Directors.Key messages · The minority investment in Hempel A/S by CVC Funds has received all relevant regulatory approvals from authorities.  · Christoffer Sjøqvist, Partner and Head of CVC Denmark and Michael Lavrysen, Partner at CVC, join the Board of Directors of Hempel A/S.  · Eric Alström is stepping down from the Board of

Hempel introduces Hempaguard Ultima; the next generation of its market-leading high-performance silicone hull coating system

Hempel A/S’s new and revolutionary hull coating system, Hempaguard Ultima, delivers optimised performance and increased fuel savings, enabling vessel owners and operators to reach their decarbonisation goals.Key messages: · Hempaguard Ultima represents a revolution in hull coating systems, delivering unmatched performance including up to 21% fuel savings. · This high-performing silicone hull coating system enables vessel owners and operators to reach their decarbonisation goals, along with financial advantages, through minimal speed loss, fuel savings, and increased out-of-dock

Hempel’s high performance marine coating solution, Hempaguard, receives DNV validation

Hempaguard X7’s decarbonisation efforts in the maritime industry are now third-party verified, and its impressive impact on fuel savings and speed loss have been validated.Key messages · Hempaguard’s performance and decarbonisation efforts receive third-party validation and verification by DNV.  · The verification objectively confirms Hempaguard's outstanding performance during the period from 1 January 2013 to 31 December 2023 when it comes to the reduction of CO2e emissions from the maritime industry.  · In addition, fuel savings potential of up to 20 per cent and average speed

Hempel appoints Chief Technology Officer, elevating Innovation in Executive Group Management

Hempel A/S appoints Emilie Barriau as Chief Technology Officer, a new position in the Executive Group Management, bringing a dedicated focus on InnovationKey messages · Hempel A/S welcomes Emilie Barriau as Chief Technology Officer to its Executive Group Management.  · Emilie Barriau is an internationally experienced senior innovation executive who spent 15 years with Henkel Adhesives Technologies and almost 3 years with Ecolab.  · The new Technology Executive Vice President area comprises R&D, Procurement and Sustainability to serve as mutually reinforcing powerhouses of

Hempel enters strategic partnership with CVC to accelerate long-term growth

The Hempel Foundation, in agreement with the Hempel A/S Board of Directors, has agreed to invite CVC Funds to become a minority investor in Hempel A/S to help accelerate Hempel’s ambitious long-term organic and inorganic growth strategy.Key messages · The Hempel Foundation, in agreement with the Hempel A/S Board of Directors, welcomes CVC Funds on board, as minority investor in Hempel A/S. · CVC is a leading global private markets manager with approximately EUR186bn of assets under management and a global network of 29 offices throughout EMEA, the Americas and Asia. · The

Hempel A/S announces its intent to divest J.W. Ostendorf and Renaulac as next step on strategic journey

The prospective new owner, Fidelium Partners, would take over the production site in Germany and stores in France, together with around 500 employees and a portfolio of customers.Key messages · Hempel A/S announces its intention to divest J.W. Ostendorf and Renaulac.  · The sale would include a production site in Germany, stores in France, around 500 employees and a portfolio of customers.  · This sale would see Hempel take the next step on its strategic journey and focus its portfolio on the branded decorative business.  · The sale is expected to be completed in Q3 2024,

Britt Meelby Jensen nominated to Hempel A/S Board of Directors

Chief Executive Officer (CEO) of Ambu A/S, Britt Meelby Jensen, has been nominated to replace Susanna Schneeberger as board member of Hempel A/S.Key messages · Britt Meelby Jensen, Chief Executive Officer (CEO) of Ambu A/S, has been nominated as board member of Hempel A/S.  · The nomination will be put forward for election at the Annual General Meeting of Hempel A/S on 2 May 2024.  · Britt Meelby Jensen replaces Susanna Schneeberger on the Hempel A/S board, who has decided not to run for re-election.  At the Annual General Meeting of Hempel A/S on 2 May 2024, Britt Meelby

Hempel introduces Hempatherm IC, its first thermal insulation coatings system

As the need to control maintenance costs and manage Corrosion Under Insulation (CUI) increases, leading coatings manufacturer, Hempel A/S, introduces the Hempatherm IC.Key messages · Hempatherm IC is Hempel’s first thermal insulation coatings system.  · The Hempatherm IC system possesses one of the highest film build capabilities in the market.  · Hempatherm IC 170 and Hempatherm IC 175 are used together as a coatings system, capable of replacing many conventional insulation systems for service up to 177°C, where CUI risks are most prevalent.  · The system is a hydrophobic

Hempel achieved record-breaking financial results in 2023 and made progress on its ambitious sustainability journey

In a year that surpassed expectations, Hempel achieved historic high organic revenue growth of 13.7 per cent and delivered revenue of EUR 2,351 million, propelled by its Double Impact strategy.Key messages · Record high organic revenue growth of 13.7 per cent and revenue of EUR 2,351 million.  · Adjusted EBITDA margin of 14.8 per cent.  · Adjusted EBITDA of EUR 349 million, an increase of EUR 92 million versus 2022.  · Leverage ratio improved to 3.1x in December 2023, down from 4.2x in December 2022.  · Hempel was, for a consecutive year, awarded B by CDP for good

Hempel launches leading intumescent coating estimation software

Hempel has announced the launch of HEET Dynamic, an innovative new coating software specially designed to make intumescent coating estimations on steel sections quicker, easier and accurate for structural engineers and estimators.Key messages · Speed: Performs calculations up to 10 times faster than traditional methods. · Accuracy: Achieves 100% estimation accuracy for reliable and dependable results. · User-friendly: An intuitive interface that is easy to install and simple to use. Hempel Engineering and Estimation Technology ‘HEET’ Dynamic empowers users to make efficient

Hempel introduces carbon footprint data on Product Data Sheets for customer transparency

Hempel A/S is a first mover within the paints and coatings industry, sharing carbon footprint data on its Product Data Sheets. Hempel provides Sustainability Product Scorecards to support customers in delivering on their sustainability commitments.Key messages · In an industry first, Hempel introduces Carbon Footprint metric on its Product Data Sheets, enabling customers to easily compare products.  · Hempel’s Sustainability Product Scorecards provide customers data on both a product’s benefits and its sustainability impacts, enabling them to make an informed choice.  ·

Hempel A/S celebrates 75-year anniversary of its owner, the Hempel Foundation

In 1948, founder of Hempel A/S, J.C. Hempel, founded the Hempel Foundation to secure the long-term growth and development of his company and to give back to society.UNDER EMBARGO UNTIL 0800AM CET THURSDAY 30 NOVEMBER 2023 Key messages · Hempel A/S celebrates 75[th] anniversary of its owner, the Hempel Foundation. · The Hempel Foundation was founded in 1948 by J.C. Hempel to secure the long-term growth and development of his company and to give back to society. · In 2022, the Foundation spent €21 million on philanthropic work in the areas of Education, Biodiversity and Science.

Ana Henriques appointed new Head of Decorative at Hempel

In an update to Hempel A/S’ Executive Group Management, Ana Henriques is appointed as Executive Vice President, Head of DecorativeKey messages · As of 1 August 2023, Ana Henriques joins Hempel’s Executive Group Management as Executive Vice President, Head of Decorative. · Ana joins Hempel A/S from the position of Global Vice President, Head of Global Non-Alcoholic Business at AB InBev. · Ana is a Brazilian national and will be relocating to Denmark from the US. · Ana succeeds Joe Devitt, who has decided to retire after more than 30 years with Crown and Hempel. As of 1

Webinar: Introducing Hempafire XTR 100: how to improve fire safety and lower costs on your next hydrocarbon PFP project

10:00am CEST, Thursday 25 May 202315:00pm CEST, Thursday 25 May 2023Safety is a number one priority for the oil and gas industry. Hydrocarbon passive fire protection (H-PFP) projects on Oil & Gas assets can be expensive. In its upcoming webinar on its new hydrocarbon PFP coating solution, Hempafire XTR 100, Hempel explains how to protect assets against fire, without racking up the costs. On Thursday 25 May 2023 at 10:00 am CEST and 15:00 CEST, a panel of three Hempel H-PFP experts: Christopher Martyn, Product Manager Hydrocarbon PFP; Bhikubhai Patel, Hydrocarbon Senior PFP Application

Hempel is recognised as a supplier engagement leader by CDP for environmental action across its supply chain

Hempel’s efforts in supply chain engagement on climate issues gain external recognition with an A score in CDP’s 2022 Supplier Engagement Rating (SER).Key messages · Hempel receives A score in CDP’s 2022 Supplier Engagement Rating (SER) · CDP conducts an annual environmental disclosure and scoring process · Hempel reported data through CDP’s 2022 Climate Change questionnaire for the first time · Hempel is recognised for extensive supplier screening, setting ambitious targets, reporting verified data and environmental governance. Hempel is recognised for accelerating climate

Hempel to host a webinar on Norsok Standard M-501 Changes and Updates

As offshore industries continuously seeks improvement to increase productivity, durability and extend asset lifetime, the Norsok standards have undergone revisions and updates. To better understand the latest updates to the NORSOK M-501 Standard for surface preparation and protective coating, Hempel experts Lars Thorslund Pedersen and Raquel Morales will host a webinar on the topic.On Wednesday 12 April 2023 at 09:00 am CEST and 16:00 pm CEST, Lars Thorslund Pedersen, R&D Subject Matter Expert at Hempel and a permanent member of the standards board, and Raquel Morales, Specification Manager

Hempel launches its first leading edge protection coating for wind blades

Hempel, the leading coatings supplier to the wind energy industry, today announced the launch of Hempablade Edge 171, a new coating for leading edge protection (LEP) on wind turbine rotor blades. With the highest rain erosion performance data on the market for a liquid LEP, and some of the lowest dry film thicknesses, Hempablade Edge 171 provides long-term protection against rain erosion, and reduces time and costs during application.The leading edge of a wind turbine blade is exposed to extremely high airflow speeds, even exceeding 300kmh. At these speeds, impact from rain can cause

Hempel acquires Cap Couleurs Group’s store network in South-East France

World-leading coatings manufacturer, Hempel A/S, has acquired the Cap Couleurs Group’s store network in South-East France, maintaining Hempel’s segment leadership in the Var region and supporting its growth initiatives.Following an exclusive dialogue, Hempel has completed the acquisition of the Cap Couleurs Group’s store network in South-East France, supporting its strategy to double Hempel by 2025. This acquisition complements Hempel’s existing network of ten Renaulac stores in France. Hempel’s Double Impact strategy will be realised through both acquisitions and organic growth, as well as

Hempel’s new HEMPADUR AvantGuard® primers redefine anti-corrosion

Global coatings supplier Hempel, have just announced the launch of HEMPADUR AvantGuard®, a portfolio of three new anti-corrosive zinc primers. Based on unique, patented AvantGuard® technology, HEMPADUR AvantGuard® coatings provide better anti-corrosion protection than zinc epoxies without AvantGuard®.AvantGuard OG AvantGuard OG Zinc coatings are used to protect industrial structures and equipment in C4 and C5 corrosive conditions, where saltwater and high

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