11.04.2014
![]()
DGAP-News: IMPREGLON SE: Second Plant in China / New Plants in the USA and Australia
DGAP-News: IMPREGLON SE / Key word(s): Investment
IMPREGLON SE: Second Plant in China / New Plants in the USA and
Australia
11.04.2014 / 07:45
---------------------------------------------------------------------
Second Plant in China
New Plants in the USA and Australia
After the first successful joint venture in Shanghai focusing on the
"automotive industry", the contract has now been signed for a second joint
venture company in the Shanghai area. The new consolidation of the
Shanghai-based technology specialist KeyonTechs with Impreglon SE (51%)
will concentrate on polymer and fluoropolymer coatings for general
machinery manufacturers as well as production facilities in all different
industries. Production is scheduled to begin in the second half of 2014.
To better serve customers in the "oil and gas" field and accommodate the
higher volume, Impreglon Surface Technologies in Houston, Texas has merged
the divisions "thermal spraying" and "polymer coatings" in a new, larger
facility at the existing location.
Despite the weak economy in Australia right now, Impreglon has to set the
course for the future: The existing location is too small for new processes
and the lease expires at the end of 2014. The new plant will be purchased
by Impreglon Australia. It has ample space for expansion and is only five
minutes away from the old location.
With 34 plants in 15 countries on four continents, Impreglon is one of the
global leaders in surface technology.
End of Corporate News
---------------------------------------------------------------------
11.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: IMPREGLON SE
Lünertorstraße 17
21335 Lüneburg
Germany
Phone: +49 (0)4131 - 2260091
Fax: +49 (0)4131 - 2260069
E-mail: [email protected]
Internet: www.impreglon.de
ISIN: DE000A0BLCV5
WKN: A0BLCV
Listed: Freiverkehr in Berlin, Düsseldorf, München (m:access),
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
262675 11.04.2014
|