About NV Bekaert

NV Bekaert SA develops various products, systems, and services for advanced metal transformation and advanced materials and coating sectors. The company operates in three segments: Advanced Wire Products, Advanced Materials, and Advanced Coatings. Advanced wire products The advanced wire products offer wires for use in the manufacture of industrial springs and in the reinforcement of flexible pipes, through steel fibers for concrete reinforcement, profiled wires, textile machine wires, bookbinding wires and weaving wires; champagne cork wires; silicon-sawing wire; and various types of lacquered and coated wires. Its high-tensile wires are woven into steel cord products like tire cord and bead wire, which are used in car and truck tires. Steel cord is also used as reinforcement in other polymer applications, such as high-pressure hoses, polyurethane drive belts and conveyor belts. Advanced materials The advanced materials segment covers applications in fiber technologies, combustion technologies and composites. In fiber technologies, the company develops ultra-thin metal fibers, chiefly in stainless steel, for filter media, conductive plastics and textile applications. In combustion technologies, it develops gas burners and combustion systems. In composites, the company manufactures glass-fiber-reinforced membrane pressure vessels for desalination plants. Advanced coatings The advanced coatings segment comprises industrial coatings for various materials, applied by vacuum technologies or thermal spraying. The company also supplies special equipment for the glass industry for applying coatings to flat glass. In specialized films, it concentrates on window films which keep out the heat of the sun. These films are used both in vehicles and in residential, office, and government buildings. The company produces glass-fiber reinforced membrane pressure vessels for reverse-osmosis desalination plants. The company’s diamond-like coatings are used in various markets. They are applied to CD and DVD molds and to molds used to produce plastic bottles. The company’s subsidiary, Sorevi S.A., specializes in applying diamond-like coatings to industrial equipment. The company’s window films are used in buildings and vehicles to keep out heat and ultraviolet radiation and to hold the glass together in the event of breakage. This function is important in government buildings and embassies, where security is paramount. Markets The company primarily operates in Europe, North America, Latin America, and Asia. History NV Bekaert SA was founded by Leo Leander Bekaert in 1880.

Country
Industry:
Steel works, blast furnaces, and rolling and finishing mills
Founded:
1880
IPO Date:
01/02/1992
ISIN Number:
I_BE0974258874
Address:
Bekaertstraat 2, Zwevegem, West Flanders, 8550, Belgium
Phone Number
32 5 676 61 11

Key Executives

CEO:
Kerstens, Yves
CFO
Boussaid, Taoufiq
COO:
Snyder, Barry