20.01.2017
Nabaltec AG DE000A0KPPR7
DGAP-News: Nabaltec AG consolidates innovative capacity at the Schwandorf site
DGAP-News: Nabaltec AG / Key word(s): Miscellaneous
Nabaltec AG consolidates innovative capacity at the Schwandorf site
20.01.2017 / 14:00
The issuer is solely responsible for the content of this announcement.
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Nabaltec AG consolidates innovative capacity at the Schwandorf site
Schwandorf, 20 January 2017 - Nabaltec AG is consolidating its research and
development activities by concentrating R&D/Technical Service and Plant &
Process Development at its Schwandorf site. The object is to ensure that
all development activities in process engineering and product development
conform as closely as possible to customer requirements and their areas of
application. With an innovation management system based on three pillars:
"products," "processes" and "market & customers," Nabaltec AG is laying the
groundwork for success; this is just one reason why Nabaltec AG has
received the "Top 100" award nine times in recent years, as one of
Germany's most innovative mid-size companies.
"Each of the five departments in our R&D/Technical Service division:
'Adsorption & Catalysis,' 'Coatings & Electronics,' 'Refractories &
Polishing,' 'Engineering Ceramics & Ballistics' and 'Cables & Polymers' is
designed for specific applications," said Dr. Michael Klimes, Nabaltec AG's
Chief Operating Officer. "This clear organization of our R&D/Technical
Service division allows us to build a bridge to our markets, and to focus
more intensely on individual customer requirements."
As part of its innovation strategy, Nabaltec AG has been moving forward
since last year with the expansion of its three testing facilities at the
Schwandorf site, for extrusion, ceramics and fillers, in which new products
are manufactured in small batches of 10 to 100 kilograms and subjected to
application testing. Since 2005, Nabaltec has also operating a research
center in Kelheim for the development of new products and processes. Due to
a change in conditions at that site, however, the pilot plant in Kelheim
will be relocated in its entirety to the Schwandorf site as of the second
half of 2017. At that point, a total of 31 employees will be engaged in
this work in Schwandorf, with 22 in the R&D/Technical Service division and
nine in the Plant & Process Development division.
Johannes Heckmann, Nabaltec AG's Chief Executive Officer, said as follows:
"The consolidation of R&D/Technical Service activities, as well as Plant &
Process Development activities, is an important milestone in our innovation
strategy. The changes to our organizational structure and the expansion of
our testing facilities create new opportunities for the optimization of our
product lines and the development of new applications. In the long term,
this strategy will serve to strengthen our innovative capacity, so that we
will continue to be able to meet the needs of our customers. We consider
the cost of this project, around EUR 4.0 million, to be a good investment
in the future."
About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ("ATH") and aluminum oxide, as well as other raw materials, on an
industrial scale through its two product segments, "Functional Fillers" and
"Technical Ceramics." The company's product range includes halogen-free
flame retardant fillers and functional additives for the plastics industry.
Flame retardant fillers are used e.g. in cables in tunnels, airports, high-
rise buildings and electronic devices, while additives have applications in
catalysis and in electric vehicles. Nabaltec also produces base materials
for use in technical ceramics and the refractory industry. Unlike
halogenated flame retardants, flame retardant fillers contain no hazardous
substances and do not require separate disposal. Rather, they actually
decrease the development of fumes hazardous to human health and the
environment in the event of fire. Nabaltec maintains production sites in
Germany and the US and plans to continue to develop its market position by
expanding capacity, further optimizing processes and quality and making
strategic extensions to its product range. On the strength of its specialty
products, the company strives to attain the market leadership in each
segment.
Contact:
Dr. Michael Klimes
Nabaltec AG
Phone: +49 9431 53-400
Fax: +49 9431 53-260
E-mail: [email protected]
Frank Ostermair/Vera Müller
Better Orange IR & HV AG
Phone: +49 89 8896906-14
Fax: +49 89 8896906-66
E-mail: [email protected]
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20.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Nabaltec AG
Alustraße 50-52
92421 Schwandorf
Germany
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: [email protected]
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7, DE000A1EWL99
WKN: A0KPPR, A1EWL9
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange; Open Market (Entry
Standard) in Frankfurt
End of News DGAP News Service
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538151 20.01.2017
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