HANAU, Germany, July 9, 2012 /PRNewswire/ -- Heraeus, an industry leading precious metals and technology group headquartered in Hanau, Germany, is pleased to announce the reorganization of the company's US chemicals division into a single legal entity, Heraeus Precious Metals North America LLC (HPMN). Additionally, Heraeus' US trading division will operate under the name Heraeus Metals New York LLC (HMN). The changes became effective July 1, 2012. Additionally, customers will now have access to all of HPMN and HMN's products and services on a newly designed Web site www.heraeus-hpmn.com.
The re-alignment of HPMN will now bring the US chemical sites in Newark, NJ, Wartburg, TN and Santa Fe Springs, CA, together, as one legal entity, to serve clientele with expertise in every aspect of their precious metals management – from sourcing of precious metals, refining of scrap materials, manufacturing of chemical compounds and precious metals trading. The company's reorganization is driven by a desire to offer its customers a greater ease of business, as well as access to all of Heraeus' products and services in a single source solution.
"Heraeus Precious Metals North America LLC will continue to deliver value to its customers at every stage of the manufacturing, refining and trading of precious metals, as well as in the production of specialty chemicals," said Uve Kupka, President and CEO. "With the reorganization, HPMN is a single-source solution with both the breadth and the reach to manage any precious metals need. Our focus is innovation and technology, our goal is to offer the highest yield and value for our customers."
With multiple locations strategically positioned throughout the US, supported by a global network of Heraeus Precious Metals facilities, HPMN operates in profitable and innovative markets such as the environment, mobility, communications, energy and healthcare.
Heraeus Precious Metals North America LLC (HPMN) is an integral part of the globally active company Heraeus Precious Metals and it specializes in the manufacturing, refining and trading of precious metals as well as the production of specialty chemicals. The privately-held company has built a reputation of innovation, trustworthiness and responsiveness resulting in best-of-class service for its customers across multiple industries. HPMN operates facilities strategically located throughout the United States and is supported by the large network of the Heraeus Precious Metals group from around the globe, which allows HPMN to maintain a truly international production and sales presence.
Heraeus, the precious metals and technology group headquartered in Hanau, Germany, is a global, private company with more than 160 years of tradition. Our fields of competence include precious metals, materials, and technologies, sensors, biomaterials, and medical products, as well as dental products, quartz glass, and specialty light sources. With product revenues of euro 4.8 billion and precious metal trading revenues of euro 21.3 billion, as well as more than 13,300 employees in over 120 subsidiaries worldwide, Heraeus holds a leading position in its global markets.