EANS-News: Semperit AG Holding
Major Investment at the Belchatów Conveyor Belt
Plant in Poland
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Wien (euro adhoc) - The Sempertrans segment of the Semperit Group is expanding the conveyor belt production at its Belchatów, Poland site. A total of about EUR 40 million will be invested by the year 2015 to expand production capacities in response to the strong demand for Sempertrans products. This is the largest organic investment ever made by Semperit. "Over the last three years we have intensified our sales activities, especially in South America and Asia, and opened up additional market segments. As a result, Sempertrans has been able to establish a foothold in completely new markets", says Thomas Fahnemann, CEO of the Semperit Group, explaining the reason for the large-scale investment. "It is necessary to expand production capacities in order to be prepared to continue our expansion in previously untapped markets and countries. On the basis of our decision in favour of the Belchatów facility, we are expanding our strong technological position in the high-quality conveyor belt business, and create additional industrial jobs in Europe," he adds. Thus the investment is the logical consequence of Semperit's growth strategy in its Industrial Sector. Market growth for conveyor belts is being driven by the "megatrend of mining." The continually rising demand for energy and raw materials requires corresponding investments. Sempertrans Belchatów is one of the largest plants of conveyor belts in Europe and is specialised in the manufacturing of heavy-duty steel cord belts and textile conveyor belts. The fields of application for Sempertrans products are mining, the steel and cement industries, power plants and the transport industry. This year Sempertrans introduced a new energy-saving conveyor belt onto the market, which saves up to 25 percent of energy required during operation versus a conventional belt. Sempertrans Belchatów's first large contract order for more than 30 km of this product results in energy saving corresponding to the average annual energy consumption of 10,000 households in Western Europe. About Semperit The publicly listed Semperit AG Holding is an internationally-oriented group that develops, produces, and sells 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 more than 10,000 people worldwide, including more than 7,000 in Asia and more than 700 in Austria. The group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, and America. In 2012, the group generated revenue of EUR 829 million and an EBITDA of EUR 109 million. About Sempertrans With production facilities in Poland, France, China, and India, Sempertrans is one of the largest and most technologically advanced conveyor belt manufacturers in the world. The portfolio includes belts with both fabric and steel cord carcasses, which perfectly fit the requirements of their respective fields of application. These range from underground and surface mining, to heavy industry and shipping ports. Conveyor belts from Sempertrans are distinguished worldwide for their high reliability and long life. Thanks to customised production, they also impress with versatility. Sempertrans serves customers from design, through manufacturing and installation, to maintenance, and is represented worldwide by a production and distribution network with expert partners for service and systems design. Through an increased presence in emerging markets in Asia and Latin America, Sempertrans will continue to profit from the strong demand for raw materials and energy. In 2012, Sempertrans generated revenue of EUR 144 million (approx.17% of the group revenue) and an EBITDA of EUR 21 million. Further inquiry note: Martina Büchele Head of Group Communications Tel.: +43 676 8715 8621 martina.buechele@semperitgroup.com Stefan Marin Investor Relations Tel.: +43 676 8715 8210 stefan.marin@semperitgroup.com www.semperitgroup.com 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 mail: investor@semperitgroup.com WWW: www.semperitgroup.com sector: Synthetics & Plastics ISIN: AT0000785555 indexes: WBI, ViDX, Prime Market stockmarkets: free trade: Berlin, official market: Wien, stock market: Stuttgart, Frankfurt language: English
Original-Content von: Semperit AG Holding, übermittelt durch news aktuell