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HENKEL AG & CO. KGAA

(HEN3)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 10/25 01:43:57 am
77.61 EUR   +0.32%
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Henkel : and Ford to co-present at leading global bodywork event on pioneering aluminum for high volume vehicle manufacturing

09/21/2021 | 11:25am EDT

Henkel and Ford to co-present at leading global bodywork event on pioneering aluminum for high volume vehicle manufacturing.

Madison Heights, MI / US - Aluminum plays a vital role in today's automotive manufacturing environment. As well as being half the weight of steel, its thermal and electrical conductivity increase recyclability and provide outstanding corrosion resistance, further optimizing internal combustion engine vehicles, and driving growth of the electric vehicle market. As a leader in adhesives, sealants, and functional coatings for the automotive industry, Henkel enables the broader use of aluminum to deliver greater performance, sustainability, and process efficiency.

At SURCAR 2021, the leading global event for the world's car body finishing industry, held from September 28-29, in Detroit, Michigan, Henkel will deliver two presentations on the breakthrough technologies that are helping optimize aluminum applications in bodywork and EV battery manufacturing.

Tuesday, Sept. 28 - Next Generation Metal Pretreatment for High Aluminum Vehicle Bodies

In conjunction with Ford Motor Company, Henkel will describe the successful metal pre-treatment techniques that the companies first pioneered together for application on the 2015 all-aluminum Ford F-150. Entitled 'Practical Application & Robust Benefits of Next Generation Metal Pretreatment for High Aluminum Vehicle Bodies,' David George, Surface Treatment Technical Manager at Henkel and Edis Kapic, Paint Materials Development and Release Supervisor, Ford VOME Global Paint Engineering, will review the evolution of zirconium oxide-based chemistry in the metal pretreatment process. Formulated for enhanced corrosion protection and paint adhesion on vehicle bodies with up to 100 percent aluminum, Ford has successfully implemented the conversion coating chemistry as part of Henkel's BONDERITE Thin Film Process on several all-aluminum vehicle lines, including the Expedition, Navigator and F-150.

This joint presentation will also discuss the significant business and environmental advantages of the process. These include reduced upfront capital investment for greenfield sites, lower labor/maintenance and environmental advantages, and operational cost savings from the near elimination of sludge and reduction in energy and water usage. Moreover, the significantly improved corrosion performance allows for potential consumer benefits, such as extended cosmetic warranties.

Wednesday, Sept. 29 - How Coatings Enable State of the Art Battery Construction

In a presentation entitled 'Coatings Enabling Automotive State of the Art Battery Construction', Dr. Stephan Winkels, Vice President Surface Treatment, Cleaners & Lubricants at Henkel, will describe how coatings help to facilitate aluminum battery housing and cell construction to the highest safety standards.

The presentation will look at the multitude of coatings required in the manufacture of the modern car battery. For housing components, Winkels will describe how different coatings should ideally be developed to be compatible - for example to allow for easy removal to enable subsequent process steps - and in terms of the key performance attributes, factors such as charging performance, heat management and safety means that coatings, adhesives, and gap-fillers must offer high corrosion resistance, supreme thermal conductivity, and extremely low electrical conductivity.

As well as a providing a practical look at the various stages where coating, adhesive and gap filler solutions are implemented, Winkels will also offer insights into the optimal chemistries and processes applicable to ensure the performance, safety, and longevity of EV batteries.

To learn more about SURCAR 2021, view the full program and register to attend, please visit surcar-northamerica.com.

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
FORD MOTOR COMPANY -1.63% 16.28 Delayed Quote.85.21%
HENKEL AG & CO. KGAA 1.23% 77.36 Delayed Quote.-16.19%
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Financials
Sales 2021 19 898 M 23 204 M 23 204 M
Net income 2021 1 786 M 2 082 M 2 082 M
Net Debt 2021 574 M 670 M 670 M
P/E ratio 2021 18,4x
Yield 2021 2,42%
Capitalization 32 028 M 37 255 M 37 350 M
EV / Sales 2021 1,64x
EV / Sales 2022 1,53x
Nbr of Employees 52 750
Free-Float 62,7%
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Number of Analysts 22
Last Close Price 77,36 €
Average target price 93,99 €
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Managers and Directors
Carsten Knobel Chief Executive Officer
Marco Swoboda Chief Financial Officer
Simone Bagel-Trah Chairman-Supervisory Board
Thomas Gerd KŘhn Chief Compliance Officer & General Counsel
Michael Kaschke Member-Supervisory Board
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