Frankfurt, Germany, June 26, 2008 - Barat Carbide GmbH has been renamed Element Six Hard Materials. The company joined Element Six in the second half of 2007 and is now an important business area for Element Six. The name change reflects Element Six's ambition to strengthen its leadership in materials technology, especially in the field of super materials such as tungsten carbide, synthetic diamond and cubic boron nitride.
As an executive director, Karl-Georg Hildebrand is leading the business unit to the Element Six group. “As Hard Materials, we maintain a strong position in the mining and construction markets with our predominantly tungsten carbide-based products.†Karl-Georg Hildebrand points out: “Being part of Element Six means we can benefit from the company's overall synergy. For our customers, this means we can combine our strengths and technology with expertise in other business areas. This makes us a new force in the field of materials technology."
This is a very exciting period in the materials industry, as the rapid development of technology is creating new market opportunities. To capitalize on these development opportunities, Element Six has formed a new corporate structure and organization to consolidate the company's existing achievements and find new markets and opportunities.
The new company undeniably has a unique leadership position in Element Six in different markets and a group structure that can support these markets more effectively. This also reflects the fact that Element Six's living environment is highly competitive and fast-changing, and its success depends on the adaptation and response to customers. Element Six Hard Materials is one of the four business units that make Element Six; the others are E6 Advanced Materials, E6 Oil & Gas and E6 Technologies. In addition, Element Six is ​​operating an independent venture capital fund business, E6 Ventures.
Karl-Georg Hildebrand explains: “As Element Six Hard Materials, we are able to utilize the polymerization of superhard materials and tungsten carbide materials, which are known to have unique market and application areas. Element Six's knowledge base in these areas The combination will lead to product innovation that will provide our customers with a new level of performance."
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