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HomeMy WebLinkAboutCA_KROHNE__en_Company profile_080201_4000167001_ KROHNE achieve more Facts and Figures KROHNE 03 KROHNE - Facts and Figures Turnover:273M.Euro(2007) Number of employees:2,439 Equity to assets ratio:45.5% The KROHNE Company is 100% owned by the Radermacher- Dubbick family 14 production facilities in 10 countries,more than 41 KROHNE-owned companies and Joint Ventures as well as 45 exclusive representatives Current as of:December 2007 04 KROHNE Corporate Management Letter from the Corporate Management What moves us. The global economy has grown well in the last years. Particularly in the emerging markets, with large latent demand potential, the markets have risen steeply. But also traditional markets Like Europe and the USA have returned good numbers. With our plants in China, India and Brazil we are well positioned in three growth regions. Here, the success of the consistent policy of internationalization that we started in the 60s is particularly evident. What drives us. Our employees are the key to our success.Without their knowledge, their experience and their motivation, the journey from a local company to a globally active technology leader in just a few decades would have been unthinkable. Qualified training is not just a general investment in the future but a decisive factor for the future of the company. And the proof of this is that 30% of our staff started as trainees with us and 100%of our trainees are taken on by KROHNE. What makes us strong. For a technology-based company like KROHNE, it is critical that we think and act innovatively. This innovation strength is not just a part of our company culture, it also forms the basis of high-level, sustainable growth and our ability to make strategically important investments. For this reason, we shall continue in the future, to concentrate on converting good ideas into strong products,whose reliability you will be able to trust for many years to come. Michael Dubbick Stephan Neuburger wr 1p N� IPOMNE l � I ju f� _ I 1 � � �� f�� � � , ��r� �r! ' , , � � ' � 4(� 1 � s . ,' i r� icy f �� ��� � �, �,�'1'�,r � , i � � � � , �� � �, \�1 �'� ���� , , ►v ��` ����� �, �� '" r 1 �4 1 , , I ,��,r z �� ; ,� , � � �` - - � I KROHNE 07 " If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person 's angle as well as from your own . " Henry Ford [1863—1947,American industrial magnate) 08 KROHNE Company History Made in Quality. Since 1921 . Duisburg 1921.Ludwig Krohne Anyone who is prepared to learn something new began to produce variable everyday does not need to see the future as a area flowmeters in a rented workshop in Lotharstrasse. threat but as an opportunity.The KROHNE history He was guided by a firm backs this up in an impressive way. It is the living company principle:Only offer your customers products proof that a company can grow continuously, that you yourself are nfth/e without losing its identity. convinced by.Andi spite of speed of change and innovation, nothing has happened to Until 1950, KROHNE's image of itself was more change that guiding principle during the 85 years of the of a company built on manual mechanical skills company's history. than an industrial concern. The arrival of Kristian Rademacher-Dubbik,the grandson of our founder Ludwig Krohne, heralded the change, both inside the factory gates and outside, as the management in Duisburg quickly appreciated the opportunities that increasing internationalization offered the company. And the logical consequence was, that in 1961, the first subsidiaries outside of Germany were founded in Switzerland and The Netherlands. This was followed two years later by the founding of KROHNE S.A.S in Roman, southern France and in 1968 by the startup of the subsidiary Rheomix in Vienna. Company History KROHNE 09 Then in 1970 came the leap over the pond: the establishment of the US subsidiary opened up a booming market of more than 300 million people to KROHNE. Further overseas subsidiaries were set up in Great Britain and South Africa during the 70s. The 80s saw the strategic emphasis move towards Asia: the Joint Venture with Tokyo Keiso started in 1982 as well as one with Marshall Pvt. in India. In 1986, KROHNE was only the second German company (after VW), to establish a Joint Venture in Shanghai and the rapid success enjoyed here added impetus to the founding of further overseas companies in Russia (1992), China (1992 and 1993) and Brazil (1996). Today, KROHNE has over 14 production facilities in 10 countries.A closely-knit network of qualified representatives guarantees qualified consultancy and rapid support in more than 50 countries throughout the world. 10 KROHNE Customer Relationships At the center of everything : The customer. Someone with a clear head can create more It doesn't matter what we do for you:the customer initiatives for his customers, his products and for is always the central focus with KROHNE.The fact his employees. that this promise is not just fine words but truly a mindset that we live day after day, can be seen at The KROHNE Company has been owned by the many different levels. Rademacher-Dubbick family since 1951. As a result, we are one of the Global Players who Example - the joy of innovation: we assert our are in a position to be able to make strategically claim always to be able to provide our customers important decisions, both about the products and with the best of all possible solutions.And not just the company and to be able to implement them any solution. quickly and efficiently, under our own authority. Example-service: It doesn't matter what the issue You don't just see this freedom at KROHNE, is, we listen and ask. Because you can only build you feel it in the way we think,the way we conduct sustainable solutions through dialog. our daily business and in our innovations. And particularly in the way we deal with our customers. Our response to all enquiries is open, honest and competent, even when it is not a question of a standard solution. Our customers particularly appreciate this open and honest approach from us and have been doing so now for over 85 years. Customer Relationships KROHNE 11 \I i- ,rrt f � y. 12 KROHNE Product History People and markets And how you can capture the hearts of both . 1921:The company was Success doesn't happen by chance. At our R&D Center in Wellingborough, founded with variable area flowmeter technology. Particularly no when s repeated wh it i year England, our engineers have adopted 1956:First metal cone after year. Success results from having this mindset literally and amazed the device with electrical signal converter the courage to map out new paths and specialists by developing the first straight 1961:First electromagnetic flowmeters for industrial use the strength of purpose to follow those tube mass flowmeter with a single 1990:First Radar Level paths consistently. measuring tube.Today, we can offer measuring instruments for process technology the technologically leading OPTIMASS 1994:First straight tube mass flowmeter Courage and strength of purpose have range in this area. 1997:First multi-channel a long tradition at KROHNE: in 1961, our ultrasonic flowmeter for liquid custody transfer engineers in The Netherlands developed OPTIFLUX, our newest generation of 2004:OPTIFLUX,the first electromagneticflowmeter the first electromagnetic flowmeter electromagnetic flowmeters is also with 3x 100%diagnostics for industrial use - a milestone along looking well into the future. With its 2007:New generation of ultrasonic flowmeters the road of international measurement unique 3 x 100% diagnostics, unit, technology.Also our pioneering work in accuracy and application diagnostics the area of variable area flowmeters and in one device become a reality, straight ultrasonic flowmeters have conclusively from the factory. shown both us and our competitors,that it is always worthwhile thinking out of the box and not just concentrating on traditional categories of measurement technology. It is not just our R&D Team at our Head- quarters in Duisburg that is always open for new challenges but every team in our Centers of Excellence throughout the world, are developing the future of measurement technology. 1 i �L� 14 KROHNE N • 1 KROHNE 15 " If there 's a way of doing something better, find it. " Thomas Alva Edison (1847-1931,American inventorl 16 KROHNE Flowmetering f / A i Jf i / � f I � r Rowmetering KROHNE 17 Flow: Diversity. Uniqueness. Efficiency. As a technologically leading company, KROHNE develops a wide range of measuring technologies for flow measurement.The incredibly expansive range covers variable area, vortex, ultrasonic, mass and electro- magnetic flowmeters. In this way, there is practically no medium that our devices can't record reliably and securely: Aggressive or abrasive media, media with high temperatures and pressures, mixtures with high solid content or of the highest purity, saturated or over-heated steam, compressed air and anesthetic gas-we offer you the correct solution for practically every application. 18 K El agnetic fl �1. v yvc 3a 0000 _ � a t • 1 I ' t 1 Electromagnetic flowmeters KROHNE 19 EMFs: We have been developing the future Behind every good product there is at least one good idea. With KROHNE, more than 45 years of experience are concealed for over 45 years. behind every electromagnetic flowmeter(EMF). As the manufacturer of one of the first industrially applied electromagnetic flowmeters, we have been inspiring our customers with innovations since 1961 that have set the standard for others to follow. Our newest product family, OPTIFLUX, is a shining example of this: It offers a modular electronic concept forthe complete OPTIFLUX range,a unique diagnostics package that even exceeds the strict international requirements, Leaving no question unanswered from the moment it is commissioned. We are also well positioned when it comes to using new materials. Working in a close and trustworthy partnership with the Mannheim-based group FRIATEC, we have been developing flowmeters for over two decades, using high-performance ceramics. Thanks to a sophisticated material profile, these high-end models guarantee a high degree of stability even when placed under a high load. It's no surprise then that even the specialist heating department at the PTB (Germany's National Metrology Institute) uses electromagnetic flowmeters from KROHNE in its calibration equipment. As a global leader, we produce some 80,000 electromagnetic flowmeters annually in our plants in The Netherlands, Brazil, China and India. n� 20 KROHNE Ultrasonic Flowmeters Ultrasonic Flow m e t e rs: If you want to measure volume flow reliably,there is no better solution than ultrasonic flow measurement. For all who attach importance to Our engineers internalized this fact very early on.Today, many branches of industry could not operate were it not for ultrasonic independence. technology and our equipment. Example - chemical industry: With the UFM 3030, KROHNE developed the first 3-beam ultrasonic flowmeter for the chemical industry,which enables reliable measurement that is practically independent of the flow profile. Compared to analog,the digital signal processing offers a significant increase in performance. Example - petrochemicals: With the ALTOSONIC V, KROHNE introduced the first high-accuracy, calibratable ultrasonic flowmeter for the petrochemical industry to the market in 1996. Independent of the viscosity of the medium,the five measurement paths of the ALTOSONIC V can carry out very accurate and reproducible measurements. Even problematic flow profiles do not impact negatively on the measuring accuracy of the device. And with the OPTISONIC V6, we have developed a device that sets new standards for process gas measurement, with its unique measurement path architecture. We want to remain as trail blazers in this technology well into the future and build on the lead that we have already established. n, r l ; r1l . r HNE Mas ters lb r, w N ' Y �s We! Mass fiowmeters KROHNE 23 Mass Flowmeters : One measurement technology. A thousand and Since the early 80s, KROHNE has mastered the technology of one possibilities. mass flow measurement. This was followed up in 1996 by the development of the straight tube mass flowmeter with a single measurement tube, a mile- stone in this measurement technology. With the high-end OPTIMASS product family, KROHNE continued along the path of innovation when in 2002, a new standard was set with the top-of-the-range OPTIMASS 7000 that ticks all the boxes. As well as a uniform converter for all devices, the current product family also has an extensive diagnostics package. Our unique know-how in signal processing results in a very high level of application security.All our customers benefit from this advantage. rV--�KROH4E Variable-ar) flow e rs IL arm- i, i _ I y = T - t t MEL I I�� I. 1 IL 1_ ' \ I 1 Variable-area flowmeters KROHNE 25 Variable Area Flowmeters: Everything Over the course of 85 years, variable area technology has of course developed a lot, in balance. sometimes at breakneck speed. Sometimes more slowly. In the 50s, for example, when KROHNE, together with the physicist Dr. Jens Martens introduced the first inductive transfer unit for variable area flowmeters to Germany and proudly presented the market with the first metal cone device with electrical signal converter. Or in the 60s,when KROHNE engineers introduced an exact conversion process for variable area flowmeters that formed the basis for the VDI Guideline 3513 and in the 90s, when the next quantum jump was achieved,with the development of a converter for the contactless recording of the variable area position. What is true now,as it was in 1921, is the realization that wherever a local display must guarantee the redundancy and security of a plant, there is no better, economical and at the same time reliable technology than variable area technology. Particularly in security-conscious areas such as power plants where our devices have to prove their ability and suitability in extensive test programs, this reliability has been valued for over 30 years. • e'm 26 KROHNE Vortex:Flowmeters Vortex: Flowmeters Vortices frequently have an element of unpredictability - we believe Without wishing to overstate the case, in 2006, our engineers advanced the principle of the n their p re d l cta b I l I ty. Karman vortex street significantly. The result is the OPTISWIRL 4070, the first and still the only vortex flowmeter with integrated pressure and temperature compensation on the market. In this way, KROHNE succeeded in neutralizing the inherent disadvantage of vortex flowmeters almost completely. In the past, these applications often resulted in unreliable measurements because of fluctuating process temperatures and pressures. Thanks to the integrated pressure and tempera- ture compensation of the OPTISWIRL 4070, these problems are very much a thing of the past. Even the temperature compensation for saturated steam and correction calculator are already included as standard in the intelligent unit. For our customers, this innovation doesn't mean any loss of expensive energy carriers, e.g. steam and gas. For the critics of vortex flowmeters, it means conceding that, in contradiction to widely held opinion,vortices are predictable. • VFC07 EAS. IH5T � ; � � -&now I\ ..4 1 NPNW I -' 28 KROHNE Level Measurement Level Measurement KROHNE 29 Level: Innovations that t o 1.1 C h . We have affected many industries in the past years from our position as a technologically leading company. But did you also know that KROHNE has been developing level measuring instruments at the highest level for over 50 years? It doesn't matter whether it's float or displacement systems,whether it's level switches or interfacial layer measuring devices, KROHNE's innovations of today were and often are the standards of tomorrow. In 1990 we brought the first radar measuring device for process tanks onto the market with the BM 70 marking the start of the triumphal advance of contactless level measuring technology. In 1995, our engineers developed a TDR device that determines both level and interfacial layers reliably and safely. This was an innovation that benefited not only the food and beverages industry but also our customers in the water and water treatment industry, in pharmaceuticals, in oil and gas, in chemicals and in the paper and pulp industries. A N �I a 30 KROHNE Temperature measurement Temperature : True to tradition . Anders Celsius who defined the universally used temperature scale in Uppsala in Sweden in 1742,would today probably be very proud of his neighbors in Malm6. After all, within just two generations the company INOR, based in the country's third largest town has become the Scandinavian technology leader for temperature measurement. In 1974, INOR brought the world's first head transmitter onto the market, heralding the start of a new era in temperature measure- ment. Since then, the company has been able to grow its position as the world's leading manufacturer of signal transmitters, step by step. In January 2006, KROHNE took over INOR Process AB completely. As a result, we are in the happy position of being able to offer a complete range of temperature measuring devices alongside our already very extensive portfolio of flow and level meters. f • t1 .r O Temperature measuremen CYHNE 3+' O O l/o . � J �J J : JJJIJJJ JJ V J JJ 0V/\v p ° ° v 0 OJ 0 J J , J 0 '0 O �;7 JJj 0 O 0 J J ,J 00 ✓ 0 0 0O o 0000 ° O � � o ) ?0 Q 0 > o O O o >> f O DO 0 0 > >: O 0 O o 000 O 0O 'O O ' 00 00 0 0 0 - '� ° 0n,0 0�' o O a O O 00 J 00 � - 0 00 0 0 -, :00 � O Ooo oO O n � 0 r o'er O 0 'D 00 0 ) 000 00 , O r) O O o O� 00 n O Off, �n o On On n, _,0 o 32 KROHNE Water and Water Treatment Industry owl _ 'fir '^.,��''•�� `►�=.�_��r_ _ _. , �.` �-i-t=-`� _« _ r •- l: ,.i i �+fir_ .�P Water and Water Treatment Industry KROHNE 33 The future market of water: Carrying the re s p o n s i b i l i ty Globally, water is one of the most important for a valuable resources. After all, only 1.5% of the water on our blue planet is in the form of potable water. commodity. At the same time,the increase in global population and rapid industrialization in densely populated super states, put enormous demands on the natural water resources. Against this backdrop, it is clear how important it is to both man and industry to have an efficient, high-capacity potable water supply and to have eco-friendly wastewater treatment. KROHNE makes a valuable contribution to this future market. Alongside a complete product spectrum for level and flow measurement,we also offer our customers efficient analysis products. Extensive servicing and calibration services round out the portfolio. If good quality water is important to you and if you are dedicated to the careful use of water resources, then KROHNE is the right partner for you. 1/ IW dPoor ; Md � ,l E Ow— Pool 10 ,* iY; Chemical and Petrochemical Industry KROHNE 35 Chemical and Petrochemical Industry: Experience and know- how for Whoever wants to provide a signif- a key industry, icant advantage for the chemical and petrochemical industry, by finding solutions for their current and future challenges needs, on the one hand, profound knowledge about the relevant processes and media and on the other, first-class knowledge about the materials that can be used and all the other factors involved in ensuring operational safety levels. In both these areas, KROHNE can look back on a decade of experience, for instance in the areas of high- performance ceramics or the nanocoating of antennae for level measuring instruments, two name but just two examples. For years, KROHNE has been developing meters with and for its customers that have repeatedly set the standards. 36 KROHNE Complete Solutions Complete Solutions : Better from A to B . Globally, the oil and gas business is one of the most With CARGOMASTER°, KROHNE Skerpernord offers important key industries and at KROHNE, we are a complete cargo control system forsea-going tankers. ideally positioned to support them with our solutions As a result, loading and unloading tankers is made and partnerships. much safer and more accurate for our customers in this booming market, thanks to the use of On the one side, we offer our customers meters for intelligent software. custody transfer measurement, which measure in the range of the highest accuracy classifications and KROHNE Oil & Gas offers its customers a wide- which also provide maximum operational security ranging portfolio of complete solutions in the area and equipment availability in multi-purpose plants. of recording measured values, from the calibrated loading station through various tankfarm inventory On the other side we have two strong subsidiary and management systems, right up to pipeline companies, with the Norwegian marine specialists monitoring and leak locating systems. Whether you KROHNE Skerpernord and our System House in The are looking for engineering, support or transfer Netherlands, KROHNE Oil & Gas, which are proof know-how , we will always create a solution for you of the importance that we attach to this industry. that meets your requirements exactly. w Z x � 0 Y y t o j� l■j 4 7 N N U ' i '.� �� , •• � � �� �i � 1 R '. 1 M� �� � '. . ` � 1 ,� . , � .. v m 0 0 W W Z O K Y ro M Food and Beverages KROHNE 39 Food : Quality is the best recipe . To perform well, you have to be Whether it is a question of the level constantly improving. This is par- measuring of milk using radar, the ticularly true for companies in the batched filling of PET bottles, the food industry.And for their suppliers. measuring of chocolate usage by After all, no other industry is in such mass flow on the production lines a permanent state of change, caused at an industrial bakers or TDR in part, by very short product life measurement using reflex radar, cycles,while at the same time calling measuring devices from KROHNE for the highest levels of cleanliness mix it with the best of them at all and quality. This makes process stages of food manufacturing and optimization particularly important. processing, powerfully, reliably and hygienically. KROHNE addresses these challenges and offers its customers well thought- A further plus for KROHNE is out solutions. the subject of cleaning and, from vortex flowmeters for the exact The extensive portfolio covers measurement of hot water and measuring instruments for the areas steam, through electromagnetic of pressure and temperature, level flowmeters, to the monitoring of and flow. Measuring hoppers during CIP cleaning processes and right metering, mixing and filling and up to conductive meters for CIP throughout the cleaning process is recirculation, one thing remains our particular strength. valid: KROHNE solutions are sure to clean up. 40 KROHNE Steel.Industry Steel : Innovative solutions for KROHNE's roots are in Duisburg. The metropolis with its 500,000 inhabitants and Europe's largest inland port, has been a c h a n g i n g affected by the steel industry like scarcely any other town on industry. the continent. The heart of the industry beats here because industry giants like Thyssen-Krupp or the smelting plant Krupp-Mannesmann are here, with their high-tech plants. But KROHNE is not only the first port of call for steel producers in the Rhein-Ruhr Region when it comes to questions about measuring technology. Also in China, Korea and Western Asia where demand is huge, companies operating plant in safety- sensitive areas have high demands when it comes to the reliability of the measuring technology. An example is the differential measurement for the monitoring of leakages in the cold water circuits of blast furnaces. Typically, electro- magnetic flow meters from KROHNE are used here. Hightech in the best tradition are the variable area flowmeters in the blow molding at the blast-furnaces. Ludwig Krohne started his operation in Duisburg in 1921 with floats.The latest process for determining levels is FMCW radar. This is used to measure the pan level with liquid steel as well as determining the level of torpedo cars or coke and ore bunkers. Steel Industry KROHNE 41 10 44 It. witi IV /yam��- _ � - �` •1^ may`, . � /,�r, •'! '7�, ems, - ,. , �a � a Ilr `I �1 i l� I r141 �' � ylrll ,� lrl I�� �' �,�► ��%(x I, 1 f 'j uv i /i - 7 14 / I � I � �I .A I 4 � 64' - - , ram* ti - l V i Paper Industry KROHNE 43 Paper: The fascinating aspects of From machine-smooth uncoated paper to art paper that is coated on both sides, giving each printed object an individual a product . and high-quality personality, vibrancy and presence, paper has many fascinating aspects today. Only very few of them will have been known to the Chinese Ts'ai Lun when, in the year 105, he cooked up a fibrous 'soup' of fishing nets, old rags and tree bark,forced it through a sieve, dried it pressed and smoothed it,and gave birth to what became the modern paper. Today, wood is the most important raw material in industrial paper manufacturing. Correct mixing is critical with the quantity of wood that is to be processed. The highest precision is called for as the customer will not forgive any variations in quality. The new flow and level measuring instruments from KROHNE perform excellent work here. Even difficult-to-measure material such as the aggressive acids and leeches found in felt laundering as well as easily adhesive materials such as glue and paste, do not disturb our high-tech devices. The result is an extra- ordinarily high product quality. So it is no surprise that well-know paper manufacturers use solutions from KROHNE throughout the whole process, from the preparation of the material,through the sieving and pressing right up to the rolling out. 44 KROHNE Power Plants The Energy Challenge : Our drive for the future . No-one can say with any degree of certainty In the oil and gas industries, KROHNE accom- what the future will bring. One thing however panies its customers over the complete process: is certain today; that the demand for energy on Consultancy, Planning, Design, Test and Super- our planet is set to grow exponentially.According vision - a one-stop-shop. From the individual to reputable estimates, demand is expected to measurement points, right up to complete,turnkey grow by some 40% by the year 2020. systems calling for calibration. Against this backdrop, controls, instrumentation We also make a significant contribution when and the active monitoring of facilities, pipelines it comes to protecting the environment. Our and power plants to ensure safe, efficient and equipment enables our customers to reliably smooth operation will become ever more important. monitor leakages in crude oil pipelines or to reduce NOX when burning off flare gases in refineries. In the nuclear sector, KROHNE has been a reliable partner when it comes to plant instrumentation for decades. Following certification up to ASME Section III levels, KROHNE is now in a position to equip nuclear plants with devices, in accordance with the American standard. Power Plants KROHNE 45 4 J•1 i i WE WE E tl j �+ , � �•�: '. y �.��, �+`!' '�y`1 7�j .` Y ..�.:,y: d� M �, L 11 �` O � `� �'1. � � 1Q a�. .. ��� '�, ♦. ' .a, �'���». { �.; 1�`�r�. �i, � , .„ tK. i'!` ��. _ _ `.�` � •;:� ; f, Z � ,� •, O ,�) n Y f w ��.... �+ �t KROHNE 47 "The future belongs to those who give the next generation good reasons to hope " Pierre Teilhard de Chardin (1881 -1955,French Jesuit, theologian,philosopher, anthropologist,geologist and paleontologist) i 48 KROHNE Service r ! I I 1 s - Service KROHNE 49 From Development to After Sales Service : We are always there for you. For many suppliers, service first starts when In this way, you benefit from KROHNE's basic maintenance is due or when there are operational principle that we only offer our customers products problems. For KROHNE, service starts with the and solutions that meet the highest demands in first point of customer contact and lasts throughout respect of reliability. the lifecycle of your plant. This gives you an advantage at many different Together with our customers, we work out sol- levels, for example through state-dependent utions that are perfectly tailored to their individual maintenance and service intervals, which are requests and requirements,starting with telephone increasingly superceding fixed ones. Or through advice about the layout and commissioning of our intelligent diagnostic tools that sense errors before products and continuing on to our extensive offering they can have any effects. Both of these increase in the area of After Sales Service. the availability of your equipment and are also good for the balance sheet. Naturally, we will support you if required at handover as well, either at your site or at your And what happens if, in spite of the 'joined-up' customer's premises. technology, an unexpected issue should arise? Then we are with you very quickly,with a team of experienced service and application engineers. 24 hours a day, 365 days a year, on all five continents, thanks to a our tightly-knit Sales and Service network. l ' r J L Jilt! t lop i W „�� Employees KROHNE 51 KROHNE ' s Employees : The motor of our success . KROHNE has a place for discoverers, both large and small. In every depart- ment. For researchers with visions. For lateral thinkers. For specialists and generalists. Here, ideas fall on fertile ground. And sometimes,a completely new technology is born from what appears to be an impossible idea. Or even a completely new market, as for example, with the introduction of the the first straight tube mass flowmeter with a single measuring tube in 1987. This joy of innovation makes KROHNE an incredibly lively and in particular a very successful company. Our 2,500 employees worldwide benefit from this, as of course do our customers. Going forward,we don't just want to pro- mote the know-how and the ability of our staff to integrate in the business pro- cesses at KROHNE, but also to promote their ability to work unsupervised and the originality of each and every member of staff within the business processes. 52 KROHNE Art Art gives a company the chance to think Each company has its own, unmistakable face that shows and to reflect. itself in countless forms of expression and facets. Particularly when it can look back over such a long and eventful history as KROHNE. The promotion and showing of art has a long tradition at KROHNE. Ultimately, a company's success depends not only on the quality and reliability of its products but also on the skills and accomplishments of its employees who stand behind these products. Just at our headquarters in Duisburg, more than 1,000 pieces The preoccupation with of contemporary art are on show. We believe, that for each contemporary art and its forms member of staff, the spiritual, even sub-conscious exposure of expressions,constitutes a bond linking all areas and to this art offers each one of us the chance to switch off, to departments of the company, top up the body's batteries and to find inspiration, which can whether it is in R&D, Manufacturing and Sales or extend well beyond the confines of daily work. Or it can also Planning and Administration. provide inspiration for the work itself. Art joins them together like a wide,richly facetted belt. The level of closeness and intensity that the art may develop, is left up to the decision of each employee, each day. For this freedom, like the art itself, has a long,established tradition at KROHNE. Art KROHNE 53 54 KROHNE Let the future come . Through the establishment of strategic partnerships and the company acquisitions made over the last twenty years, we have established an excellent market position for ourselves in many different industries. The further expansion of this position will depend, not least, on whether we, as an inde- pendent, owner-run company, are also successful in the future in systematically asserting our strength of innovation, our passion and our know-how in these growth markets. The chances for this are extremely good. Currently, the world's Largest and most accurate system for the calibration of flow meters for oil products is being built in Rotterdam, right next to Nerefco and Shell - from KROHNE , of course. Going forward, our intention is to generate enough growth to ensure the financial independence of KROHNE, for the benefit of our customers, our employees and equity owners. KROHNE 55 Imprint KROHNE Messtechnik GmbH&Co.KG Ludwig-Krohne-Str.5 47058 Duisburg Tel.:+49(01203 301 0 Fax:+49(0)203 301 389 infofdkrohne.de www.krohne.com 0 0 3 w rn 0 w 0 0 0 v m w Z 2 O Y