Six months after Haltermann, previously a subsidiary of Dow, became an independent company, Haltermann's CEO, Dr. Uwe Nickel has expressed satisfaction with how business is developing. Dr Nickel is optimistic about the future. Since the company was spun-off in July 2011, Haltermann, which specializes in high-purity refinery chemicals, increased its revenue by 20% over the previous year. In a press release, the company said it has been able to pass on the high price increase of raw materials. Nickel is cautious about 2012 expectations.

"We will only have clarity about the market development after the first three to five months of 2012," he said.