precious metals trader Ophirum GmbH. The platform allows retail customers to buy Heraeus precious metal bars and a variety of popular coins. Corporate structure Heraeus Metal Management This GBU includes products of the precious metals cycle, including precious metal trading, precious metal recycling, and the melting and pre-production of precious metals. These functions, which were formerly located in Heraeus Precious Metals and Heraeus Materials Technology, were combined to form the current Heraeus Metal Management. Heraeus Chemicals This GBU specializes in the development of products and solutions for the chemical industry and pharmaceutical industry. In addition to catalysts, it also sells pharmaceutical ingredients. Heraeus Electronics This GBU manufactures products for the electronics, consumer goods and automotive industries. These include bonding wires and assembly materials for integrated circuit and mounting technologies, as well as miniaturized electronics components such as thick film pastes, powders and conductive polymers. Heraeus Photovoltaics This GBU is a manufacturer in the field of thick film technology for the photovoltaic industry. Heraeus Medical Components This GBU develops and produces components and solutions for the medical technology industry. These include microparts such as pacemaker components and components for the treatment of vascular diseases. Heraeus Performance Products Products manufactured by Heraeus Performance Products can be found in the hard drive industry, the watchmaking and automotive industries, and in the areas of lab equipment and decorative coloring. Heraeus Medical Heraeus Medical manufactures bone cement and develops coatings for medical implants. Its products are used in orthopedic surgery as well as traumatology and biosurgery. Heraeus Electro-Nite Heraeus Electro-Nite provides measurement and sampling technology for metal smelting. Its portfolio includes sensors, sampling devices tailored for specific applications, and hardware and software for systems technology. Heraeus Quarzglas Heraeus Quarzglas specializes in the manufacture and processing of high-purity quartz glass. This GBUt manufactures quartz glass for the semiconductor industry and telecommunication industry as well as for applications in the optical industry, chemical industry and lamp industries. Heraeus Noblelight Specialty light sources from Heraeus Noblelight are used in the industrial, scientific and medical fields, with wavelengths ranging from ultraviolet to infrared. Heraeus Emerging Businesses This GBU includes the two business lines Sensors and Display & Semiconductors. Incubator New Businesses The Incubator New Businesses is a platform for new, high growth businesses. These activities are independently managed and include among others: Heraeus Fuel Cells GmbH, producer of AnkaloN(R) Catalyst Coated Membranes (CCMs) for PEM fuel cells in automobiles,