02.07.2018
Nabaltec AG DE000A0KPPR7
DGAP-News: Nabaltec AG receives award for innovation once again in 2018
DGAP-News: Nabaltec AG / Key word(s): Miscellaneous
Nabaltec AG receives award for innovation once again in 2018
02.07.2018 / 10:00
The issuer is solely responsible for the content of this announcement.
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Nabaltec AG receives award for innovation once again in 2018
Schwandorf, 2 July 2018 - Nabaltec AG was once again among the most
innovative small and innovative German mid-sized companies in 2018. The
company received the "TOP 100" award for the eleventh time at the Deutscher
Mittelstands-Summit (the German Small and Mid-Sized Companies Summit) on 29
June 2018 in recognition of its record as an innovator. In the independent
selection procedure this year, Nabaltec won over jurors particularly in the
category of "outward looking/open innovation."
"Being recognized for our innovation once again, and particularly being
selected as one of the leading innovators in Germany in the field of open
innovation, is above all a confirmation of the mission statement which our
employees work day in and day out to realize. Those who consistently work
closely with customers and join with them to develop new products which
satisfy market demand can create real innovation," said Johannes Heckmann,
CEO of Nabaltec AG, who accepted the award on the company's behalf. "We are
proud that this award reaffirms our forward-looking approach and our
strategy."
With highly specialized products, Nabaltec AG operates in the "functional
fillers" and "specialty alumina" product segments, developing
flame-retardant fillers which are used e.g. in cable and insulation
materials. Changes in legislation, such as laws concerning the use of
flame-retardant building materials, require constant changes in products.
But developments in electric mobility are also generating demand for
innovations. "The TOP 100 are small and mid-sized businesses which are
taking a chance on change and are not afraid to let go of the old," said
Ranga Yogeshwar, the mentor of the TOP 100 competition. "They are people who
have no fear of new things, but rather welcome change."
The candidates in this year's TOP 100 innovation competition were 471 small
and mid-sized companies, which were graded in around 100 parameters, as
assessment criteria, in the following categories: "innovative
processes/organization," "climate of innovation" (employee inclusion),
"innovation-friendly senior management," "outward looking/open innovation"
and "successful innovations." 288 companies in three size classes were
awarded the TOP 100 seal this year (maximum of 100 per size class).
The "TOP 100" competition
The "Top 100" quality seal has been awarded by compamedia to small and
mid-sized companies since 1993 for innovativeness and outstanding innovative
success. Dr. Nikolaus Franke has served as research director since 2002.
Franke is founder and Director of the Institute for Entrepreneurship and
Innovation at the Vienna University of Economics and Business. The mentor of
the "Top 100" competition is science journalist Ranga Yogeshwar. The project
partners are Fraunhofer Association for Applicational Research and the
German Association for Small and Medium-Sized Businesses (BVMW), and the
media partners are manager magazin, impulse and W&V. More information can be
found at www.top100.de.
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 and aluminum oxide on an industrial scale through its two product
segments, "Functional Fillers" and "Specialty Alumina." 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 specialty oxides 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:
Simone Schuller Frank Ostermair/Vera Müller
Nabaltec AG Better Orange IR & HV AG
Phone: +49 9431 53-447 Phone: +49 89 8896906-14
Fax: +49 9431 798 39 55 Fax: +49 89 8896906-66
E-mail: [email protected] E-mail: [email protected]
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02.07.2018 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
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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