Paramelt is global leader in specialty waxes, adhesives and coatings. For more than 125 years we are essentially wax formulators and are an independent, privately owned company.
Paramelt
Dutch, since 1898
revenue 2023: €263 mln
# employees 2023: 502
owned by Ter Group
Ter Group
German, since 1908
revenue 2023: €910 mln
# employees 2023: 1140
owned by Westphal family
As the recognized wax specialists, we harbor industry experts and rank # 1 or 2 positions in our core markets. We continue to invest in process technology leadership and consolidation in these core wax markets and grow by offering ‘value for money’. Over time this position has enabled us to grow strongly in adhesives and dispersions markets. Value is our driver and custom-made products the norm.
Specialists (niche player)
Top 3 reasons to
recommend Paramelt*)
– reliable supplier
– consistent quality
– value for money
*) Customers survey Europe and USA
We are specialists, but are always open to complementary opportunities. We have direct decision making and short communication lines, our people throughout the organization take ownership and with a can-do attitude we make it happen. The annual re-investment rate is high and the company’s financial mass can underpin substantial investments.
With an entrepreneurial attitude
Annual re-investment rate
~10%
Technology drives our thinking. We combine long term strategic product and process research with flexible and responsive product development. We are inquisitive and challenge conventions which can result in ‘blue sky investments’. We are recognized by our knowledge leadership in core markets.
Driven by technology and innovation
# laboratory requests
> 1000 last year
# new commercial products
~ 110 last year
‘Batch-to-batch consistency is our constant goal’: this is our focus both for investment casting waxes used for aerospace parts and our food grade waxes and adhesives produced in our FSSC/ISO 22000 sites. This is why our customers rely on us.
Delivering security and consistency
Financial stability
D&B rating 1
From our 8 manufacturing sites we can address regional differences and trends and provide product equivalence with local sourcing. We have our own regional sales and technical staff and have a specialized and knowledgeable distributor network for ‘selected market niches’.
With a global reach and local service
manufacturing sites
Europe : 3
USA : 3
China : 2
customers in
87 countries
At the core of our performance lies a team of experienced and knowledgeable employees. We build long-term partnerships and are responsive, flexible, committed and loyal.
Building on people and partnership
Average employee retention
> 12 years
Paramelt = ‘knowledge & experience’
recognized by > 85% customers
(Customers survey Europe and USA)
