Bekaert Corporate Brochure Final 2013

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    Supporting your business worldwide

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    Contents PLEASED TO MEET YOU

    WHAT WE HAVE TO OFFER

    4 Introducing Bekaert

    6 Global presence to support

    your business

    10 Developing for tomorrow

    13 Expanding our horizons

    since 1880

    YOUR BUSINESS,

    OUR BUSINESS

    16 The automotive sector

    18 The construction sector

    20 The energy & utilities sector

    22 Consumer goods

    23 The equipment sector

    24 The agricultural sector

    25 The basic materials sector

    THE WORLD AROUND US,

    OUR SHARED CONCERN

    26 Sustainability is in our DNA

    28 Part of your life

    BETTER TOGETHER

    30 better togetherstories

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    4

    Introducing Bekaert

    Who We Are

    - Founded in 1880

    - A world market and technology leader in steel wire transformationand coatings

    - The world's largest independent manufacturer of drawn steel wire products

    - Customers in over 120 countriesand in diverse markets and sectors

    - 27 000 employeesworldwide

    - Headquarters in Belgium

    - Combined sales in 2012: 4.4 billion

    - Consolidated sales in 2012: 3.5 billion

    - Listed on EuronextBrussels (BEKB)

    - Reporting under IFRS

    - Chairman of the Board of Directors: Baron Buysse

    - Chief Executive Ocer: Bert De Graeve

    www.bekaert.com

    4

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    Bekaert is unique for its combination of metaltransformation and coating technologies, which hasbrought forth a wide variety of products, tailored toour customers needs.

    Our primary raw material is wire rod, purchasedfrom steel suppliers all over the world in 250 dierentcompositions to produce wire products that meetthe highest expectations.

    Bekaert employs unique metal treatment technologies

    to deliver a quality portfolio of drawn steel wire

    products and coating solutions on a global scale.We are passionate about nding the next market trend

    so we can help you strengthen your market position.

    Strength through synergyTransforming steel wire and applying coating

    technologies, that is our core business. We have over

    130 years of experience in creating wire products of

    the form, quality and composition best suited to

    your needs. Working together, we draw on this

    expertise to develop the right solutions for you.

    Our primary raw material is wire rod we purchase

    more than 2.7 million tons annually. Depending on your

    requirements, we draw wire from it in differentstrengths and diameters, even as thin as ultrane

    bers of 1 micron. We group the wires into cords,

    weave or knit them into fabric, or process them into an

    end-product. Our market-oriented innovation

    guarantees an up-to-date product portfolio with new

    products and new functionalities that are better,

    stronger, faster, longer-lasting, and ever more

    materially-efcient.

    Depending on the application, we apply high-tech

    coatings which reduce friction, improve corrosion

    resistance, or enhance wear resistance. Together, our

    core technological competences give you an edge in

    your market.

    Focus on two core competences

    Strength through synergy. This applies not only to our

    customer relationships, but also to the way we

    combine our core technological competences.

    Bekaerts entire product portfolio is centered around

    two major technology axes: steel wire transformation

    and coatings.

    Steel wire transformationfocuses on the bulk

    properties of our products: nding the right metal

    composition, using the appropriate thermal treat-ments, and implementing different forming and joining

    techniques to obtain the properties needed. Strength,

    ductility, fatigue-resistance, shape and dimensions,

    conductivity, magnetic permeability our processes

    provide you with the wire product you need.

    Coating technologiesfocus on the surface proper-

    ties of our products: selecting the right surface

    treatments for the material and depositing the right

    amount (from nanometers to micrometers) of just

    about any material (metals, polymers, ceramics) onto

    the base. Adhesion, corrosion or wear resistance,

    aesthetic appearance, anti-fouling behavior coating

    the product properly can optimize its performance.

    Our customers not only benet from innovative

    products and solutions, they can rely on Bekaerts

    proprietary manufacturing processes: we make our

    quality products efciently and on an industrial scale.

    better together: the core of our corporatephilosophy

    Throughout its long history, Bekaert has bel ieved in

    the value of strong partnerships and sustainable

    customer relationships. better togethersums up the

    unique cooperative approach for Bekaert and its

    business partners.

    We want to help you grow your business. We want to

    know what challenges you face, how you view new

    developments, how you plan to grow, and where you

    need greater efciency. We want to meet your needs

    and offer you added value for both now and in the

    longer term.

    What we have to offer

    better togetheris built on over 130 years of expertise, a tradition of operational excellence, openness to the wider world,and responsiveness to new trends and developments the same factors that make Bekaert world market and technology leader.

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    6

    Global presence to supportyour business

    6

    Being part of your solution means being part of your business. Backed by our global presence we can respondquickly to your needs, wherever you are located.

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    You can rely on our worldwide production and sales network to meet your needs quickly and effectively.

    Our sales network is close at handEuropean by origin, Bekaert has grown into a global

    player active on every continent. You can rely on a

    worldwide sales network that is responsive to market

    changes. Bekaert believes that its performance is

    directly related to the skills and motivation of its

    people. You will be working with highly trained andresult-driven professionals whose constant aim is to

    create added value for your business. This way, you

    get the most from our global reach: our expertise,

    our efciency, our proximity.

    Our production network strengthens yoursBecause the success of your business is important to

    us, we work constantly to strengthen our global

    manufacturing footprint. With production facilities

    worldwide, we are able to meet the needs of our

    customers and our markets quickly and effectively.

    We align our facilities with local requirements while

    ensuring they conform to our international standards ofquality and safety.

    Bekaert is present wherever you do business.

    Our Latin American investments date back to the

    1950s and we continue to strengthen our strategic

    position still further there.

    In Asia, we were one of the rst companies to

    recognize the vast opportunities the Chinese market

    has to offer. Today we operate more than 20 sites at

    10 locations there. Our Indian, Indonesian and

    Malaysian plants are ideally positioned to serve both

    the domestic and the broader Asian and Pacic

    markets.

    When demand grew in Central and Eastern Europe,

    we directed our focus to that region too.

    Bekaert obviously also maintains strong positions in

    North America and Western Europe. But for Bekaert,

    close to the customer is about more than geography.

    We are guided by your plans, your priorities, and your

    approach.

    Committed in products and approachOur commitment to you is not just about product

    quality. We also demonstrate this commitment in the

    way we meet your needs and desires. We talk to you

    about what you want in terms of product quality,

    production methods, and processes. Then, products,

    planning, delivery performance, and inventory

    management are all based around that dialogue.

    Our high exibility enables us to match production

    capacity to market demand, working tirelessly to

    ensure that our products and our approach are just

    what you need.

    Driven to excelAnyone who has worked with Bekaert knows how

    committed we are to total quality. We have spent

    many decades rening our total quality management

    program and expanding it into new areas.

    Through benchmarking across locations, divisions,

    continents, and teams, we select the best practices

    and spread them throughout our worldwide

    organization. Total quality management is the

    springboard from which we pursue our constant drive

    for excellence.

    After all, operational excellence is what ensures that

    our customers are satised.

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    .

    8

    We are present wherever you are. Backed by Bekaert's global presence and technological support, customers

    can benet from our commitment to local service. You can rely on our worldwide production and sales network

    to meet your needs quickly and eectively.

    plants

    offices and distribution centers

    Financial gures 2012

    Latin America7 900 personnel

    Combined sales:

    1 690 million

    38%

    North America1 600 personnel

    Combined sales:

    659 million

    15%

    Where shall we meet?

    Steady

    growth

    Back to

    the core

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    EMEA6 000 personnel

    Combined sales:

    1 040 million

    24%

    Asia-Pacifc11 500 personnel

    Combined sales:

    998 million

    23%

    .

    : :

    Adapting

    to change

    Solidifying

    market

    positions

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    Developing for tomorrow

    Innovation profle

    - High investments in R&D

    - An international team of 400 R&D specialists- R&D centers in Belgiumand Chinaand development labsworldwide

    - Dedicated pilot lines for specic product and process development

    - A portfolio of close to 2 000 patents rights

    - Market-driven R&Dto better serve current and new customer needs

    - Open innovationat work: a majority of projects are run in close cooperation with

    external partners such as customers, universities, or research centers

    10

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    Strategicguidance

    Idea evaluation& selection

    Concept

    assessment

    Projectassessment

    MarketIntroduction

    Technical

    Assistance

    Ideageneration

    Feasabilitystudy

    Researchproject

    Developmentproject

    Market-driven R&D is based on a structured, multi-phase innovation process.

    R&D is key for Bekaert as it offers our customers the mostinnovative solutions and secures our technological leadershipposition. We attach particular importance to co-development,starting from highly specic problems or business situations.

    They work together on cutting edge projects in

    countries across the globe and consist of top class

    engineers from all over the world.

    Supporting customers with enhanced product

    performance

    Developing new products is important. But improvingproducts or providing green alternatives is equally key

    for providing our customers a competitive edge in their

    market.

    Some examples:

    - Steel cord reinforced plastics combine excellent

    energy-absorption and structural-integrity

    characteristics with low manufacturing complexity

    and cost. The automotive application opportunities of

    these crash resistant, weight reduced components

    include bumper beams and body-in-white parts.

    - We expanded our portfolio of Dramixbers for

    concrete reinforcement with new steel bers. The

    existing product portfolio was re-branded as the 3D

    series. The addition of the new steel bers in the 4D

    and 5D series takes concrete reinforcement to the

    next performance class: previously unknown levels of

    anchorage, tensile strength and ductility guarantee

    the best possible solution for an ever wider range of

    applications.

    - Bekaert heating cord, made from extremely thin and

    strong plastic-coated wire, is an alternative approach

    to reducing emissions from truck diesel engines.

    - Cushion Ultra ropes were developed to serve themining industrys dragline equipment. This new,

    plastic-enhanced rope ensures a long service life and

    reduced equipment maintenance.

    - Ecobindis a colored eco-friendly coating for

    bookbinding wire. This plant-based coating features

    the same properties as petroleum-based coatings

    but is 100% compostable in an industrial composting

    environment and CO2neutral.

    From emerging idea to the automatedproduction line

    Innovation is a key process at Bekaert. It is a vital part of

    our endeavor to ensure that our product portfolio meets

    the changing needs of our customers and is ready to

    respond to shifts in societal and market trends.

    Finding the right idea and then cultivating it into a

    product tailored to our customers needs requires a

    specic approach.

    Our innovation methodology comprises several steps to

    ensure that customers benet from a dedicated and

    efcient process. Once an idea gets to the prototype

    stage, both our extensive lab facilities and our pilot lines

    support the further renement of the new product.

    Speeding up our time to market

    Development can also be done via modeling. Using

    computer simulation, our developments are designed

    and undergo extensive virtual testing. Only when a

    development is tried and tested via simulation, a real life

    model is produced on pilot lines at the technology

    centers, in line with customer requirements. This results

    in a faster development process, a signicant decrease

    in cost and improved customer focus.

    Innovation matters, more than ever.

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    2012: PartnershipsBekaert and Southern Steel (Malaysia) establish a joint

    venture to combine their steel wire and ropes activities

    in South-East Asia. Bekaert and Xinsteel break groundfor a new production plant in Xinyu, Jiangxi Province,

    China.

    2011: Continued consolidationBekaert and its Chilean partners restructure their

    shareholding, making Bekaert the principal

    shareholder. Bekaert acquires the Qingdao Hansun

    steel wire plant from Hankuk Steel Wire Co. Ltd.

    (South Korea).

    2010: Strategic growthBekaert opens its newly built steel cord plant

    in Lipetsk, Russia and completes the acquisition

    of two Bridgestone tire cord plants.

    2008: Inland ChinaBekaert concludes a strategic partnership with Ansteel,

    a leader in the Chinese steel industry. They invest in a

    joint-venture plant in Chongqing in inland China.

    2003: Central EuropeBekaert expands its manufacturing capacity in Central

    Europe by acquiring two steel wire plants in Slovakia.

    1997: BrazilIn 1997, Bekaert acquires a 45% share in Belgo-

    Mineira Bekaert Trelarias S.A. in Brazil, signicantly

    strengthening our presence in Latin America.

    1996: India and IndonesiaIn 1996, Bekaert announces plans to build two plants

    in Pune (India) and Karawang (Indonesia), establishing

    bases in these growth markets.

    1993: ChinaIn 1993, Bekaert takes a signicant step in China:

    having served customers there for many years,

    Bekaert decides to set up a production platform in

    conjunction with a Chinese partner.

    1988: United States

    In 1988, Bekaert builds new manufacturing plants inShelbyville (Kentucky) and Rogers (Arkansas), United

    States.

    1972: Stock ExchangeIn 1972, Bekaert goes public and the Bekaert family

    opens up the company to new shareholders.

    In just a little over two minutes, all available

    Bekaert shares are sold.

    1950: Latin AmericaIn 1950, Bekaert sets up its rst plant in Chile with

    local partners.

    1880:Leo Leander BekaertLeo Leander Bekaert starts a business in Belgium

    making barbed wire. Later that year, he develops

    his own star-shaped crowns that can be woven

    in with the wire. He patents his invention.

    Expanding our horizons since 1880

    13

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    Your business, our business

    Did you know?

    - The length of our daily production of tire cord worldwide, is the distance from the earthto the moon and back.

    - Every year, 5 million m concrete is being reinforced with Dramixsteel bers

    invented by Bekaert.

    - We transform a 4 meter piece of wire rod to a ber that spans all around the world.

    - SiroLockcarding wire can catch up to 50% more bers compared to traditional wires,

    which leads to improved carding performance and an increased card productivity.

    - Worldwide 1 out of 2 PU timing belts are reinforced with Bekaert ne steel cords.

    - The strongest conveyor belt in the world is reinforced with Bekaert steel cord and has

    an actual breaking strength of 7800 N/mm.

    - Bekaert's customers annually use 3.5 million kilometer of bookbinding wire.

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    AutomotiveDriving tomorrows growth

    Energy & utilitiesExploring new limits

    EquipmentPushing performance

    Basic materialsSupporting your industry

    ConstructionBuilding new opportunities

    Consumer goodsEnhancing comfort and convenience

    AgricultureCultivating excellence

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    The automotive sector

    A passenger car can contain up to 30 kg of Bekaert wire products.

    E

    ricDemurieVolvo

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    The automotive sector is the largest user of Bekaert

    products, accounting for 34% of our sales.

    We set ourselves apart from the competition with

    consistent high quality products and innovations

    tailored to our customers needs. We supply steel

    cord and wire for reinforcing radial tires to nearly alltire manufacturers in the world: one in four tires

    worldwide is reinforced with Bekaert steel cord.

    We also supply specialized wire products that meet

    the highest quality standards. These include spring

    wires, ne cable wires, wires for airbags, wires

    and cables for window elevator systems, wires for

    windshield wiper arms and blades, and welding

    wires.

    In this sector, we are constantly striving to make

    products of higher quality and doing so without

    inating costs. Bumper reinforcement based on

    steel cord and glass ber is an example of thiscommitment. It is an innovative Bekaert application

    that combines the strength of steel with a lower

    weight, outperforming the existing solutions at a

    competitive price. Moreover, it allows for a higher

    level of functional integration and offers greater

    design possibilities.

    Environmental protection and sustainability are

    driving forces of innovation in the automotive sector.

    Bekaert sees growth opportunities in products

    which ensure that solutions last longer or that cars

    consume less. We also produce metal bers for

    ltering particulates from diesel exhausts and

    heating cord for selective catalytic reduction

    systems used to cut emissions.

    Helping tire manufacturers in meetingnew regulatory requirements

    According to the European new tire

    regulatory framework for 2012-2020, tires for

    cars, vans and trucks produced for this

    market after July 2012 have to be classied

    and labeled for wet grip, rolling resistance

    and noise performance. The objectives of

    this new tire labeling system are twofold:

    make products performance more

    transparent and reduce the CO2bill through

    lower rolling resistance.

    This new regulation poses technological

    challenges and opportunities for tire makers.

    Bekaert helps its customers meet these

    challenges by oering a dedicated solution

    that contributes to weight and rolling

    resistance reduction.

    Tire cord

    Power spring wire(seat recliner)

    Bead wire

    Clutch spring wire Wire for pierce nutsin chassis

    Steering column proles

    Hybrid reinforcementfabric for bumper beams

    Suspension spring wire

    Diesel particulate ltermedia

    Wire for wheel weights

    Wiper component wire Heating cord

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    The construction sector

    Customers in the construction sector choose Bekaert for a wide range of products. In concrete reinforcement, we supply both heavy weldedmesh, as well as Dramixsteel bers, oering customers a complete product portfolio tailored to their needs.

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    Fencing

    Wire and gabionsfor rock protection

    Dramixsteel bers forconcrete reinforcement

    Bekaert Mesh Track Wire for guiderails

    Bekaert Murfor and

    Murfor+Wire for window mesh

    Bekaert BekinoxColorfor architectural applications

    Hoisting cables forelevators

    Environmentally friendlygas burners & heat exchangers

    Welded mesh Rope wire, ropes & PC

    strand for bridges

    Civil, residential and industrial construction sectors

    put their faith in Bekaert. Our wire, mesh, and ber

    products nd applications in construction: in lifts and

    burners, fencing and reinforcement, tunnels, roads

    and bridges; in architectural solutions and concrete

    reinforcement. We are driven by our quest for more

    environmentally friendly solutions with a focus on

    better materials, greater safety, and lower energy

    consumption. We strive for sustainable, cost-efcient

    applications with a minimum impact on the

    environment. For example, Bekaert supports the

    need for greater efciency in energy consumption

    with energy-efcient burners.

    We offer customers in the construction sector nails

    and nail wire, pre-stressed concrete strands and wire,

    and plaster laths and corner protectors, as well as

    solutions for erosion protection. Our strong presence

    in local markets has triggered a number of new

    product developments for specic applications,

    including mining. A large share of our sales in Latin

    American construction projects is generated by

    products that are specically tuned to local demand.

    In mature markets, we are seeing a different pattern

    of demand and one that is characterized by higher

    quality requirements with, for instance, a trend toward

    materials with a high resistance to corrosion or ones

    which allow for faster, simpler project completion,such as Dramixsteel bers. In addition, we support

    our customers with a wide range of services, from

    consulting to the supply of ber dosing equipment.

    A spectacular example of civil engineering,

    the 3 595 meter long Rio Negro bridge in

    Amaznia, Brazil, the second largest river

    bridge in the world, is tensioned by stay cable

    and prestressed strands from Bekaerts joint

    venture plants.

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    The energy & utilities sector

    Oil and gas remain the biggest resources for energy. The circumstances for oil recovery are increasingly challenging and demandever-improved methods and materials. We are perfectly suited to supply energy companies and their contractors with high-qualit ysolutions like wires and cables for oshore oil exploration, and at and proled wires to reinforce oshore pipes.

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    Armoring wire for RemoteOperated Vehicle (ROV)

    Bekaert Armoforstripsfor injection pipes

    Shaped wires forexible pipes

    Proled wires

    Wires for cores foroverhead power lines

    Sawing wire to cutpolysilicon

    Strands and ropes formooring lines

    Wedge wires for oil andwater ltration

    Armoring wire forsubsea cables

    Wire for armoringcables

    Armoring wire forsubsea telecom cables

    Armoring wire forumbilicals

    In the oil & gas industry all over the world, Bekaert

    products play a key role. Whether it concerns

    onshore or offshore oil extraction, gas mining or

    power transmission, Bekaert products contribute to

    sustainable, safer and more cost-effective

    operations.

    In addition to its contributions to the production and

    distribution of energy, Bekaert is also active in

    facilities for telecommunications. Our solutions

    include cable reinforcement, wires and cables for oil

    and gas drilling and sawing wire to cut solar wafers.

    In 2012 we invested in state-of-the art equipment

    and further product innovation in high precision

    wedge wires. These triangular shaped steel wires

    are used to produce wedge screens and lters.

    Thanks to their high precision tolerance and

    mechanical stability, these complex wires can be

    integrated in ne ltration processes for oil & gas as

    well as for drinking water.

    The higher demand on the part of both consumers

    and industry for energy, along with the gradual

    depletion of energy reserves, open the door to the

    use of advanced technologies for the extraction

    of energy sources under increasingly difcult

    circumstances. Our customers rely on Bekaerts

    extensive knowledge of mechanical strengths,

    coatings, specic wire forms, and applications to

    assist in this domain. Bekaert Armoforcomposite

    strips for example, make a signicant contribution to

    maintain the output of existing oil sources at the

    current level. High pressure exible thermoplastic

    pipes form a cost effective, long lasting solution

    when compared to steel pipes in water injection.

    Bekaert's products give

    our customers access to

    innovative technologies

    and solutions that allow

    them to extract, convey,

    produce and distribute

    energy and other resources

    in an efcient and safe way.

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    Consumer goods

    Bookbinding wireBedding and seatingspring wire

    Medical and dentalwire

    Colored champagnecork wire

    Hook and eye wirefor clothing

    By combining high strength with specic characteristics, Bekaert wire oers excellent results in situations as varied as wirefor cable ways such as ski lifts and spoke wire.

    The wide range of applications for Bekaert wire attest

    to our success in satisfying diverse customer

    requirements. End users discover our wires in a variety

    of coatings, colors and applications including

    champagne cork muselets, paper clips, shhooks,

    staples and spokes, as well as industrial applications like

    ski lift cables, inkjet cartridges, heat resistant textiles, and

    much more. Besides heatable clothing yarns and

    upholstery spring wires, our products are needed for

    springs in electronics and toys. In hospitals wire is used,

    for example, in monitoring devices, catheters and

    diabetes sampling strips. The consumption of these

    applications thrives on the increased concern for

    wellness and health.

    Global consumerism is the present trend. As higher

    quality and comfort standards and functionalities are

    required, the demand for more advanced coated steel

    wire products evolves accordingly.

    To sum it up: often unseen, but always there: Bekaert is

    a part of the products we all use every day. That is why

    we listen to our end consumers. What they want is

    essential, for our customers business and for ours.

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    Brush wireCarding solutions forthe textile industry

    Syncrocordsteel cords rein-forcing synchronous belts

    High strength wire and ropes used for straddle carriers and hoisting cranes.

    The equipment sector

    Hose reinforcementwire

    For heavy equipment makers and operators, we supply

    a range of specialized wire product components.

    These include: ne cord, spring wire and proled wire,

    high-pressure hose armoring wire, hydraulic lter media,

    and steel wire and ropes for cranes. Bekaert offers

    customers in the textile industry wires for carding. We

    also produce high-grade steel wire for the heddles and

    springs of Jacquard looms.

    Bekaert produces an extensive range of high carbon

    rope wire and ropes for hoisting applications, providing

    an excellent ductility on wire level leading to optimal

    fatigue properties on rope level.

    Our solutions are used both in the machines themselves

    and in their assembly.

    As Bekaert builds its own proprietary machinery,

    we know exactly what it means to make

    high-performance equipment allowing a manufacturing

    company to produce goods with a focus on operational

    excellence.

    Wire for retainer rings

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    Wire for oysterbreeding cages

    Bekaert Horseman

    horse fenceVineyard wire Bekaert Solidlock

    xed knotAuger wire for animalfeed systems

    The agricultural sector

    At Bekaert, we have been providing the highest quali ty fencing products to the agricultural industry for over 130 years.We listen to our customers and develop innovative fencing solutions so you can build a better fence.

    Across the agricultural sector, Bekaert provides

    innovative solutions that facilitate the growing of crops,

    the raising of cattle, and the farming of sh and oysters,

    and that make day-to-day work easier. We offer a broad

    range of wires in terms of diameters and grades for

    industrial shing. Our wires offer excellent corrosion

    resistance thanks to Bezinaland other advanced

    coatings. We offer traditional wire products, such as

    barbed wire, as well as fences with specic tensile

    strength and corrosion resistance requirements, like

    Solidlockxed knot fences.

    Through our global footprint and our mix of trading and

    manufacture, we can offer total packages to our

    customers. Vineyards and other fruit and vegetable

    growers around the world rely on our wire for training

    their vines. We provide more than just wire: we want to

    answer all of the sectors requirements: wires, posts,

    fencing, tools, shading, joining and tensioning devices.

    This has turned the one-stop-shop service approach to

    our customers into reality.

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    25To keep belt rips to a minimum Bekaert has been working with several conveyor belt manufacturers to develop andintegrate a self-protecting conveyor belt: a belt which is reinforced from its inside core, using steel cord.

    The basic materials sector

    Non-contact dryingsystems

    Fleximat

    for conveyor beltsPulp baling wireFiltration media

    and applicationsWire and ropesfor mining

    Many Bekaert products are used in exploring and

    producing raw materials, from coal and metals to

    pulp and paper, to chemicals and textiles. Paper is an

    outstanding example of an industry in which Bekaert

    products play a crucial role. From the pre-treatment

    of wood pulp to the printing, bundling and recycling of

    paper: Bekaerts presence spans the entire value chain

    of the paper industry. We make cable and wefts for

    conveyor belts that are used across many industries.

    Our stainless steel bers and media are used in ltration

    elements and systems for the manufacturing of synthetic

    bers. Bekaert supplies all manner of wire-based

    products to mines the world over and to almost every

    step in the value chain. Mining is the starting-point for

    any natural resource-related process where value is

    created.

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    Sustainability is in our DNA

    Beliefs and mission

    Bekaert believes that, as a company, we derive our strength from the lasting

    relationships we forge with our customers, suppliers, and other business partners,

    and our clear focus on creating win-win solutions. Our people make the dierence.

    We believe that the resilience, trust, and integrity they demonstrate in their daily work

    generates the power we need to fulll our mission.

    Our mission is:

    - To safeguard the future of the company through sustainable protable growth while

    consistently generating adequate returns.

    - To be recognized as a world leader in our selected business segments, oering our

    customers as their preferred supplier innovative and high-quality products and

    services.

    - To maintain our position as an employer of choice for the best talent by providingprofessional growth opportunities and competitive rewards, thereby reecting the

    value we place on global diversity.

    26

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    The world around us, our shared concern

    Sustainability

    Based on the companys beliefs and mission, we dened sustainability as follows:

    We acknowledge that our pursuit for sustainable protable growth must take into consideration the

    broader economic, ambient and social impact of our activities.

    That is why we integrate the interests of customers, sta, shareholders, communities and other

    stakeholders into all aspects of our activities.Bekaert strives for operational excellence in a manner that is friendly to the surroundings, safe, healthy

    and socially responsible. Bekaert invests in clean and energy-ecient infrastructure, production

    processes and products. Bekaert always complies with local standards and regulations.

    Bekaerts global Corporate Social Responsibility

    strategy is centered on four main pillars, namely our

    responsibility in the workplace, in the marketplace,towards the environment and towards society.

    Our responsibility in the workplaceBecause our people are our most important asset,

    safety comes rst, always. Providing a safe working

    environment for all employees is key to us. In 2012 we

    introduced an assessment system that aims for

    improved safety attitude and awareness. We continued

    safety audits in a substantial number of plants. In other

    plants, we implemented action plans based on the 2011

    audits.

    Our responsibility in the community and inour marketsBekaert strives to be a loyal, responsible partner within

    the communities where we operate. We make a point of

    interacting with local governments in a transparent,

    constructive way and we are rmly committed to

    complying with national legislation and collective labor

    agreements. Bekaert adheres to the Universal Declara-

    tion of Human Rights and the treaties and recommen-

    dations of the International Labor Organization. At

    Bekaert, we deal openly and honestly with our business

    partners. We comply with generally accepted business

    standards, laws and regulations, and we conduct our

    operations in accordance with the principles of fair

    competition.

    Our responsibility towards the environmentbetter togetherfor a cleaner world is one of Bekaerts

    ambitions: we continuously strive to use fewer materials,

    bring down our energy consumption and reduce waste.

    Bekaerts concern for the environment is three-fold: on

    the one hand we develop new, eco-friendlier production

    processes for our plants worldwide. Secondly, Bekaert

    invests in product innovations that allow for process

    improvements at the production sites of our customers.

    Special wire coatings can, for example, eliminate certain

    process steps for our customers and hence improve the

    environmental impact as well as the production cost for

    them. And thirdly, Bekaert also develops products that

    contribute to a cleaner environment. To name a few, wemanufacture super and ultra-tensile steel cord that

    answers the need for light-weight materials in cars,

    stainless steel wedge wires used for oil and water

    ltration, cable armoring solutions for green power

    transmission, and substitutes for solvent-based

    coatings.

    Our responsability towards societyEducation projects form the backbone of funding and

    other community-building activities. Additionally we

    support local activities and projects for social, cultural

    and economic developments. We believe that education

    and learning form the key to a sustainable future. With aglobal reach, we support community initiatives that

    work to improve societal conditions where we are

    active.

    Bekaerts CSR report 2012 is based on the GRI

    G3 Guidelines regarding the GRI Sustainability

    Reporting Framework. Global Reporting

    Initiative (GRI) is a non-prot organization that

    promotes economic sustainability. Other CSR

    related certicates and references valid for the

    reporting year 2012 regard Vigeo, Ethibel

    Excellence & Pioneer Index and Kempen SRI.

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    06:45 07:30

    the ATM positions your bank card

    perfectly thanks to a timing beltreinforced with Bekaert ne cord,

    and its housing contains Bekaert

    conductive plastics to avoid

    electro-magnetic interference.

    the woolen carpet of the

    airplane you y on resists staticdischarge of electricity with

    Bekaert Bekinoxspun yarns.

    Bekaert Murforand Murfor+

    reinforce your masonry with acrack-free solution.

    The timing belt in the garage door

    is reinforced with Bekaert ne

    steel cord.

    Bekaert's strong, ductile wires

    and ropes are used for hoisting

    applications, such as the cranes

    you see every morning.

    one out of four tires is reinforced

    with Bekaert steel cord.

    Your car can contain up to 30 kg

    of Bekaert wire products.

    06:30your toaster contains Bekaert

    Bekanickelwire, for a safe and

    healthy breakfast.

    12:30 13:15 15:30

    Part of your life

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    29

    the spokes of your bike are

    made of Bekaert wire.

    the polymer wrap around your

    bouquet of owers ismanufactured with a lter based

    on Bekaert porous metal media.

    the wire holding the cork of your

    sparkling wines is made byBekaert. Cheers!

    08:00 08:30 09:00the road you take every day is

    reinforced with Bekaert Dramix

    and Bekaert Mesh Track.

    the elevator in your ofce may

    be equipped with (at belts

    reinforced with) Bekaert cables.

    your ofce has awless

    electricity supply thanks to

    Bekaert armoring wire.

    The stationery materia ls you

    are using contain Bekaert

    bookbinding wire and staples.

    16:45 17:30 18:45

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    better togetherstories

    30

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    The combination of Bekaert

    steel cord and our Glass Matt

    Reinforced Thermoplastic

    was essential for Polynorm in

    order to introduce a solution

    compliant with the latest

    automotive safety and impact

    tests.

    Kees van Koert, Director Product

    Development at voestalpine Polynorm

    Plastics Solutions

    Ducab considers Bekaert

    an important partner in

    supply chain management.

    Prestigious projects such as

    the Dubai Metro and Burj

    Dubai can only be supported

    by world players like Bekaert.

    Ducab and Bekaert believe in

    Total Quality Excellence; our

    partnership perfectly

    illustrates the baseline, better

    together.

    Mohamed Yousif Al Ahmedi,

    Designation - Purchase Manager -

    Supply chain Ducab

    The Bekaert team was

    highly committed, diligent

    and knowledgeable and

    they have deployed all the

    available resources, including

    world-class laboratory

    facilities, for the successful

    completion of our technology

    partnership which will, no

    doubt, be highly benefcial to

    both parties.

    PK Mohamed, Chief Adviser,

    Research & Technology, Apollo Tyres

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    Imagine what we can

    achieve together ...

    Would you like to learn more about the solutions we oer?

    Are you interested in any of our products or services?Please dont hesitate to get in touch. We would be delighted

    to talk about how we can work together.

    www.bekaert.com

    NV Bekaert SA

    President Kennedypark 18

    8500 Kortrijk, Belgium

    T +32 56 23 05 11

    F +32 56 23 05 43

    Bekaert Corporation

    3200 West-Market Street, Suite 303Akron, Ohio 44333-3326 USA

    T +1 330 867 3325

    F +1 330 873 3424

    Bekaert Corporation

    1395 South Marietta Parkway

    Building 500, Suite 100

    Marietta, Georgia 30067-4440, USA

    T +1 770 421 8520

    F +1 770 421 8521

    Bekaert Management

    (Shanghai) Co., Ltd17 F, Block E, Waterfront Place

    No. 31, Lane 168, Daduhe Road

    200062 Shanghai, China

    T +86 21 2219 7000

    F +86 21 2219 7399

    onsiblee

    ditor:KatelijnBohez