3) Technology leadership and speed
Our third core strategy is about accelerating Bekaert’s technology leadership and speed in alignment with our strategy to drive value-creating growth. Co-creation is one of the leading principles: we help our customers differentiate themselves in their markets. Our process and product development projects enable fast progress and effective results in all collaboration programs. Find out more in the Technology and Innovation chapter
of the Annual Report.
Shining a light on Technology Leadership and Speed
In 2017, the technology shift in sawing wire went extremely fast.
Over the past years, Bekaert had established a leading position in 2nd generation sawing wire, a structured wire that enabled customers to increase the cutting process efficiency of hard materials while reducing the consumption of diamond substrate: a clear case of total cost of ownership reduction.
However, faster than anticipated, customers made the technology switch to the 3rd generation sawing wire: fixed abrasive or diamond wire. With this technology, micron-sized diamond particles are adhered to a solid core wire, which creates an abrasive cutting tool that can be used in countless applications.
Bekaert took on the challenge to develop a diamond wire that would stand out in performance, diameter and processing quality. The sawing wire team succeeded in developing a solution that is highly advanced and reliable. They demonstrated technology leadership and speed: all key customers approved the Bekaert diamond wire samples after extensive testing. We are now ramping up production capacity progressively and will be ready to grow a position in diamond wire as from the 2nd half of 2018 onwards.