ELANTAS Beck India Ltd. is engaged in the business of manufacturing and marketing of Electrical Insulation Systems and Electronic & Engineering Materials having applications in Electrical Equipment, Power and Automotive Sectors.
Segments and Products
The Company operates through three business segments:
- Primary Electrical Insulations ~60% of Sales
- Secondary Electrical Insulations ~ 25%
- Engineering and Electronic Materials ~ 15%
Under Primary Insulation, business includes wire enamels used for coating round and rectangular wires of copper and aluminum to provide primary insulation of various temperature classes. Wire enamels for the primary insulation of magnet wire. Magnet wire is applied in electronic motors, generators and transformers.
Under Secondary Insulation, includes a range in solvent borne varnishes and solvent-less resins up to thermal class of 200 degree Celsius. Secondary insulation of winding wire after it is mounted in a device (electric motor, generator or transformer). These are applied through various application techniques (dip, roll-dip, hot-dip, trickle, VPI etc.)
The Engineering and Electronic Materials include epoxy and polyurethane Systems, which are used for casting, potting, encapsulation and sealing applications. Resin (EP & PU based) system are used for casting, potting & encapsulation of Electrical & Electronic components whereas Resins (Ep & PU) for Clean room flooring, Protective coatings & Water proofing applications.
Raw materials are mainly polymer precursors (MDA, TMA, MDI) and solvents (cresol, phenol, NMP) for resin synthesis. Top 10 raw materials account for 55% of total material cost. Important suppliers are BASF, Merisol, Dow Chemical, etc. Top 10 suppliers represent 40% of total cost.
Elantas Beck is a global market leader in primary and secondary insulation. The company is run as a holding company headquartered in the German town of Wesel and has nine independent manufacturing companies in all major regions of the world.
The Company regional revenues come from:
1. Europe ~35%
2. America ~20%
3. Asia ~ 45%
4. Others ~ 5%