Höganäs AB is a Swedish company which is the world's largest producer of

powdered metals Powder metallurgy (PM) is a term covering a wide range of ways in which materials or components are made from metal powders. PM processes are sometimes used to reduce or eliminate the need for subtractive processes in manufacturing, lowering mat ...

. Based in

Höganäs Höganäs () is a locality and the seat of Höganäs Municipality, Scania County, Sweden. Its population was 14,107 in 2010. Höganäs is nationally known for its ceramics industry, Höganäs Keramik. Höganäs Keramik is part of Iittala Gr ...

, it develops and markets powders for customers in

metallurgical Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the ...

industries. The company's portfolio of products and services includes

sintered Sintering or frittage is the process of compacting and forming a solid mass of material by pressure or heat without melting it to the point of liquefaction. Sintering happens as part of a manufacturing process used with metals, ceramics, pla ...

components, electromagnetic applications,

brazing Brazing is a metal-joining process in which two or more metal items are joined by melting and flowing a filler metal into the joint, with the filler metal having a lower melting point than the adjoining metal. Brazing differs from welding in ...

, chemical and

, hot

polymer A polymer () is a chemical substance, substance or material that consists of very large molecules, or macromolecules, that are constituted by many repeat unit, repeating subunits derived from one or more species of monomers. Due to their br ...

filtration, iron fortification, friction, Glidcop, sintered

stainless steel Stainless steel, also known as inox, corrosion-resistant steel (CRES), or rustless steel, is an iron-based alloy that contains chromium, making it resistant to rust and corrosion. Stainless steel's resistance to corrosion comes from its chromi ...

filters, surface coating and

welding Welding is a fabrication (metal), fabrication process that joins materials, usually metals or thermoplastics, primarily by using high temperature to melting, melt the parts together and allow them to cool, causing Fusion welding, fusion. Co ...

. Höganäs AB is operational worldwide through a number of subsidiaries, including Höganäs HOGAP AB, Höganäs Japan K.K, Höganäs East Europe LLC, Höganäs France S.A.S, Höganäs Italia S.r.I and North American Höganäs Holdings Inc. among others.

History

The company was founded in 1797 as a

coal mine Coal mining is the process of resource extraction, extracting coal from the ground or from a mine. Coal is valued for its Energy value of coal, energy content and since the 1880s has been widely used to Electricity generation, generate electr ...

by Count Eric Ruuth. It also made

refractory In materials science, a refractory (or refractory material) is a material that is resistant to decomposition by heat or chemical attack and that retains its strength and rigidity at high temperatures. They are inorganic, non-metallic compound ...

and salt glazed

ceramics A ceramic is any of the various hard, brittle, heat-resistant, and corrosion-resistant materials made by shaping and then firing an inorganic, nonmetallic material, such as clay, at a high temperature. Common examples are earthenware, porce ...

. In the early 20th century, Höganäs developed the Höganäs Method, considered the most effective method of producing sponge iron powder by reducing iron ore with coke, lime, and clay. This method laid the foundation for the company's specialization in metal powders. In 1946, it introduced its first iron powder production plant to serve the post-war industrial market. Höganäs AB was originally listed on the OMX

Stockholm Stock Exchange Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange (), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total ...

in 7 April 1994. It was taken private in 2013. This move was facilitated by a joint takeover by two Swedish family-run holding companies, Lindéngruppen and the Wallenberg foundations through

FAM AB Foundation Asset Management AB (FAM AB) is a Swedish asset management company, founded by the three largest Wallenberg foundations in order to manage their assets, by means of direct ownership as well as through management and consultancy agreem ...

, with each owning 50% of the company. The foundations stated that privatization allowed Höganäs to focus on long-term strategic goals without the pressure of quarterly financial reporting to public shareholders. As of 2022, the company has 3,000 customers in 75 countries and has a range of more than 3,500 products, mostly customer specific, with sales offices or production in 16 different countries. The company owns around 800 patents, has 2,400 employees, and reported turnover of approximately $1 billion USD in 2021. The company’s products are found in a series of application areas including structural components for the automotive industry, metal surface coatings and iron

fortification of food Food fortification is the addition of micronutrients (essential trace elements and vitamins) to food products. Food enrichment specifically means adding back nutrients lost during food processing, while fortification includes adding nutrients not ...

. The Swedish iron ore producer

LKAB Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a state-owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s. Th ...

has been one of the company's suppliers since 1909. In 2024, the company was awarded "Partner of the Year" by

Mitsubishi Heavy Industries is a Japanese Multinational corporation, multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the prede ...

for its supply of thermal spray powders to the company.

References

External links

Official websiteFinancial Times Höganäs Business Profile

Nasdaq OMX , stockholm stock exchange
{{DEFAULTSORT:Hoganas Ab Manufacturing companies of Sweden Companies based in Skåne County Manufacturing companies established in 1797 1797 establishments in Sweden Höganäs Municipality 18th-century establishments in Malmöhus County

History

See also

References

External links