Corporate Profile for Hercules Inc., dated July 31, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: July 31, 1998
Company Name: Hercules Inc.
Address: 1313 N. Market St.
Wilmington, DE 19894-0001
Main Telephone
Number: 302/594-5000
Internet Home
Page Address
(URL) www.herc.com
Chairman and
CEO: R. Keith Elliott
President and
COO: Vincent J. Corbo
Senior VP,
International,
and General
Manager Paper
Technology: Dominick W. DiDonna
Senior VP and
General Manager,
Resins: Reid J. Frazier
Senior VP and
CFO: George MacKenzie
Senior VP,
Corporate
Development: Harry J. Tucci
VP and General
Counsel: Richard G. Dahlen
VP and General
Manager,
Aqualon: Monika Riese-Martin
President,
Hercules Asia
Pacific: John E. Montgomery
VP and General
Manager, Food
Gums: Hans H. Hjorth
President,
Hercules Europe: Klaus Petersen
Trading Symbol/
Exchange: HPC/NYSE
Company description: Hercules is a global manufacturer of chemical specialty products used in a variety of home, office, and industrial products. Core businesses and their key products are Aqualon, for thickeners used in water-based products such as latex paint; FiberVisions, for staple fiber Noun 1. staple fiber - a natural fiber (raw cotton, wool, hemp, flax) that can be twisted to form yarn; "staple fibers vary widely in length" staple fibre, staple natural fiber, natural fibre - fiber derived from plants or animals used in hygienic hy·gien·ic adj. 1. Of or relating to hygiene. 2. Tending to promote or preserve health. 3. Sanitary. products and automotive textiles; Food Gums, for natural gum Natural gums are polysaccharides of natural origin, capable of causing a large viscosity increase in solution, even at small concentrations. In the food industry they are used as thickening agents, gelling agents, emulsifiers and stabilisers. ingredients in food and beverages F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. ; Paper Technology, for strength and sizing aids used in manufacturing paper; and Resins, for hydrocarbon and rosin rosin or colophony, hard, brittle, translucent resin, obtained as a solid residue from crude turpentine. Usually pale yellow or amber, its color may vary from brownish-black to transparent depending on the nature of the source of the crude resins used in adhesives. With expert technical and sales service, innovative product development, and the number one or two positions in their major markets, Hercules' businesses generate excellent returns on capital, stable and strong operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: , and good free cash flow. Hercules' unique technology base centers on the conversion of natural raw material -- pine stumps, wood pulp wood pulp: see paper. , cotton linters, citrus peels, and seaweed seaweed, name commonly used for the multicellular marine algae. Simpler forms, consisting of one cell (e.g., the diatom) or of a few cells, are not generally called seaweeds; these tiny plants help to make up plankton. -- into value-added chemical specialties. The corporation's focus is on sustainable, long-term growth in shareholder value, driven by new product growth and continuous improvement in manufacturing costs. Hercules, established in 1912, is headquartered in Wilmington, DE. CONTACT: Hercules Inc. |
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