Bekaert NV Unsponsored ADR (BK8)

Overview

NV Bekaert SA, originating in 1880 and headquartered in Zwevegem, Belgium, is a global player in steel wire transformation and coating technologies. The company serves a myriad of industries worldwide through its diverse operations divided into four primary segments: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. With a legacy spanning over a century, Bekaert has carved out a significant niche in supplying advanced steel wire products and solutions adapted to the contemporary needs of the tire sector, construction, energy, automotive, and various specialized markets.

Products and Services

NV Bekaert SA's comprehensive range of products and services is spread across various industries, reflecting the company's versatility and innovation in steel wire technology.

• Rubber Reinforcement: This segment caters predominantly to the tire industry, offering steel cord products for tire reinforcement and bead wire solutions. The products here aim to enhance the performance, safety, and durability of tires, contributing to the overall reliability of automotive vehicles.
• Steel Wire Solutions: Serving a broad spectrum of sectors including energy and utilities, mining, construction, agriculture, automotive, and consumer goods, this segment provides an extensive selection of steel wire products. These solutions are tailored to meet the specific needs of each industry, encompassing a variety of applications from structural support to utility transmission.
• Specialty Businesses: This diverse segment focuses on niche markets and specialized applications. It includes products like reinforced concrete, masonry, plaster, and asphalt solutions; hose and belt reinforcement; fiber technologies; heating technologies; ultrafine wire; and solutions supporting the hydrogen economy for energy transition markets. Each product line is developed with the aim of offering unique, high-performance solutions that cater to specific sector requirements.
• Bridon-Bekaert Ropes Group: Dedicated to providing cutting-edge steel wire and synthetic rope solutions, this segment targets the mining, energy, crane and industrial, fishing and marine, and structural sectors. In addition, it develops fine steel cords for use in elevator and timing belts within construction and equipment markets, supplies automotive sector needs with window regulator and heating cords, and produces Armofor thermoplastic tapes for lightweight pipes in energy sectors. The focus here is on delivering robust, efficient, and safety-enhancing products for critical applications across various industries.