Page 38: of Maritime Reporter Magazine (May 2021)

GREEN COATINGS

Hempel

Charts its

Growth &

Sustainability

Course

Hempel announced an ambitious strategy to double its revenue by 2025, with a focus on innovation, digitalization and sustainability. Michael Hansen, EVP & Chief

Commercial Of? cer and Dorthe Scherling Nielsen, Head of

Sustainability & Government Affairs discuss the path ahead.

By Greg Trauthwein he year 2020 de? ned by COVID-19 presented infrastructure, decorative and energy. While it had already historic challenges for many industries, and even begun work on its strategy toward growth and sustainability, companies such as Hempel – with a 105-year his- COVID-19 and the slowdown in 2020 helped to effectively tory – were not exempt. While the pandemic was put those plans on the fast track, as the company is aiming

T (and continues to be for some) all consuming, it is to double revenue through refocused geographical priorities, far from the sole challenge for maritime companies today. The focused segment leadership positions and M&A, while at the industry is at a transcendent point in its history, with digitali- same time accelerating on sustainability, innovation and digi- zation, decarbonization and autonomy effectively challenging talization. “In 2020 we ? nished the year with a revenue of long-established norms and rede? ning the path ahead. around 1.5 billion euros, and set on a course towards dou-

Hempel is a global coating company founded in Copen- bling in size over the next ? ve years,” said Hansen in an in- hagen, Denmark, present globally in four sectors; maritime, terview with Maritime Reporter TV. Hempel was founded in 38 Maritime Reporter & Engineering News • May 2021

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