Altana is a global specialty chemicals company headquartered in Wesel, Germany. It was founded in 1977 as a subsidiary of the pharmaceutical company ALTANA AG. However, in 2007, ALTANA AG decided to focus solely on the pharmaceutical business and spun off Altana as an independent company.

Altana's headquarters are located in Wesel, Germany. Altana produces and markets a wide range of specialty chemicals. The company specializes in coatings, with its main products being additives and resins used in the production of paints and coatings.

Altana also offers products for the adhesives, sealants, and composite materials industries. The company's portfolio includes both water-based and solvent-based products. Altana operates globally, with production facilities and sales offices in over 40 countries.

The company has established various joint ventures and subsidiaries to expand its global reach. One notable subsidiary is Elantas, which focuses on electrical insulation materials. Altana also has strategic partnerships with other industry leaders to collaborate on research and development and drive innovation.

In terms of market position, Altana holds a strong position in the specialty chemicals industry. The company has consistently achieved solid global sales and has been ranked among the leading suppliers in many of its markets. Altana is known for its high-quality products and innovative solutions, which have helped it compete effectively against other industry players.

Altana has undergone several notable events and changes in its strategy over the years. In 2014, the company acquired Rockwood Holdings' rheology business, which expanded its product portfolio in the coatings industry. Altana has also focused on sustainability, aiming to develop environmentally friendly products and processes.

Currently, Altana continues to enhance its position in the specialty chemicals market. The company remains committed to innovation and sustainability, driving growth through its global presence and strong product portfolio. Altana's latest updates include the development of new technologies and partnerships to meet market demands and further strengthen its position in the industry