PRESSEPORTAL Presseportal Logo
All Stories
Subscribe to Semperit AG Holding

11.11.2014 – 11:38

Semperit AG Holding

EANS-News: Semperit AG Holding
Modernisation of Semperform Production in Wimpassing

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.

Company Information/Investment

The Semperit Group will rely on the Ultra High Frequency Technology (UHF) in the
Segment Semperform. About EUR 7 million will be invested to modernise production
operations at the Wimpassing plant in Lower Austria. This represents a
continuation of the Semperit Group's expansion and modernisation drive at its
plant in Wimpassing. A total of approximately EUR 40 million will be invested in
the period 2012 to 2015. 

The use of the UHF Technology serves as the basis for Semperit to substantially
increase production and targets new customer groups. The first of the three new
UHF facilities is currently in the start-up phase and will be converted to
regular operations over the next few months. When fully installed, the three
facilities will process more than 6,000 tonnes of raw rubber mix annually into
rubber profiles.

"Our new UHF production line in Wimpassing will enable us to strengthen the
leading market position of Semperform and create the basis for further growth",
says Thomas Fahnemann, Chief Executive Officer of Semperit AG Holding. "We are
rounding off our product portfolio in existing market segments and tapping new
customer groups in construction and industry. The investments also comprise a
clear commitment to the Wimpassing site, and a further step towards achieving
our strategic growth targets", Fahnemann adds.

Aluminium windows as growth market
Thanks to the uniform heating of rubber mixtures, the UHF Technology offers
considerable production advantages, especially for profiles with a medium or
high wall thickness. This is particularly suited for aluminium windows, which
are increasingly in demand as a consequence of the trend towards saving energy.
In the future Semperform will serve this growth market as a complete provider of
sealing profiles. In addition, the investments in the UHF Technology give
Semperform the opportunity to open up new product segments with more complex
geometrical and material requirements, for example high quality seals for
aluminium windows and facades as well as pipe seals.   

Investments at the main plant in Wimpassing
The Semperit Group is continuing its expansion and modernisation efforts as
shown by Semperform's deployment of the UHF Technology and other future-oriented
investments in the medical and industrial sectors. In 2014, the capacity of the
surgical gloves production was increased by the installation of a new washing
line and dryers. Moreover, process control of the mixing plant was modernised
and a new ribbon lap machine for industrial hoses was put into operation in the
Segment Semperflex. 

About Semperit 
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells in more than 100 countries highly
specialised rubber and plastic products for the medical and industrial sectors:
examination and surgical gloves, hydraulic and industrial hoses, conveyor belts,
escalator handrails, construction profiles, cable car rings, and products for
railway superstructures. The headquarters of this long-standing Austrian
company, which was founded in 1824, are located in Vienna, and the global R & D
centre is in Wimpassing, Lower Austria. The Semperit Group employs about 11,200
people worldwide, including more than 7,000 in Asia and more than 700 in Austria
(Vienna and production site in Wimpassing, Lower Austria). The Group has 22
manufacturing facilities worldwide and numerous sales offices in Europe, Asia,
and America. In 2013 the group generated sales of EUR 906 million and an EBITDA
of EUR 133 million.

About Semperform
The Segment Semperform of the Semperit Group is a leading European manufacturer
of moulded and extrusion products made of rubber and plastic. The extensive
product portfolio ranges from escalator handrails, elastomer and seal profiles
for windows and doors, anti-vibration membranes for skis and snowboards to
sleeper beds for railway tracks and cable car rings. These customised products
are manufactured at production sites in Austria, Germany, Hungary and China.
Semperform plans to further expand its strong position in profitable market
niches. In the 2013 fiscal year, the Segment Semperform generated revenue of EUR
131 million (about 14% of total Group revenue), and an EBITDA of EUR 25 million.

Further inquiry note:
Martina Büchele 		
Head of Group Communications
Tel.: +43 676 8715 8621

Stefan Marin	
Investor Relations	
Tel.: +43 676 8715 8210

end of announcement                               euro adhoc 

company:     Semperit AG Holding
             Modecenterstrasse 22
             A-1030 Wien
phone:       +43 1 79 777-210
FAX:         +43 1 79 777-602
sector:      Synthetics & Plastics
ISIN:        AT0000785555
indexes:     WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
stockmarkets: official market: Wien 
language:   English

Original content of: Semperit AG Holding, transmitted by news aktuell