BECHEM

BECHEM Overview

Company Headquarters: Hagen, Germany

Founded: 1834

Workforce: ~700

Company Working: BECHEM is the oldest German industrial lubricants manufacturer and a leading manufacturer of high-quality specialty lubricants and metalworking fluids. The company has 1200 lubrication solutions and 72 sales partners worldwide. BECHEM provides a high-performance range of lubricants for a variety of tribological difficulties to the industrial user. Lubricating greases and pastes, lubricating oils, anti-friction coatings, and coolants cover the entire range of metal working operations. The company has two production sites in Germany in Mieste and Kierspe as well as in China, India, and the USA.

Strategy

BECHEM'S strategy focuses on delivering long-term, profitable growth and creating value for a diverse set of stakeholders, including shareholders, customers, employees, regulators, suppliers, and local communities. The company continues to aim for world-class financial performance by working hard to understand customers' evolving needs in terms of service, product differentiation, and solutions, accelerating organic & non-organic growth by being close to regional markets, selectively pursuing competitive advantage through the process, catalyst, application development, improving efficiencies in core areas of manufacturing, commercial, and supply chain management.

Company Snapshot

700

Employees

1834

Founded

Hagen, Germany

Headquarters

SWOT Analysis

Strengths

Technologically advanced R&D facilities and in-house R&D team

Weaknesses

Unable to tackle the challenges present by the new entrants

Opportunities

Innovations in technologies through the R&D sector
Adoption of online services to supply
Increasing demand in construction industry

Threats

Sanctions from the US due to Russia-Ukraine war
Logistical and transportation costs due to market expansion across the globe

Product Offering

BECHEM
- Global Bio-Lubricants Market

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