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- Press release BoxID 530425
Vinnolit: Growth with Specialties
(PresseBox) (Ismaning, )
The markets for specialty PVC have recovered much faster after the economic crisis in 2009 than those for commodity PVC. Vinnolit invests in paste PVC and hence makes the next step in expanding its global leading position in specialty PVC.
In particular, the dynamic markets in Eastern Europe, Turkey, China, India and Brazil offer excellent growth opportunities. Already in the years of 2011 and 2012, Vinnolit's market position could be strengthened by investments in the field of paste PVC and copolymers at Burghausen and the introduction of innovative products. 2014 another step of strategic importance shall follow: At the Cologne site an additional 50,000 tons of paste PVC capacity is projected.
Commercial Director Dr Wolfram Proessdorf says, "By investing in Cologne, we are in a position to engage in new growth markets intensely and to play an important role in the development of these markets. Thereby, we build on our traditional strengths: outstanding product and service quality, deep global customer relationships and an innovative product portfolio."
"With this step, we set another milestone in our strategy to expand our leading position in the field of specialty PVC," Dr Josef Ertl, Managing Director of Vinnolit, says. "And we give a clear signal that we are committed to invest in Germany and the future of our qualified staff."
With the expansion in Cologne, Vinnolit's capacity for PVC specialties will increase from today's 470,000 tons to 520,000 tons per year. "We have access to all major technologies for the production of specialty PVC and will continue to develop them further," Managing Director Dr Ralph Ottlinger points out.
In particular, the dynamic markets in Eastern Europe, Turkey, China, India and Brazil offer excellent growth opportunities. Already in the years of 2011 and 2012, Vinnolit's market position could be strengthened by investments in the field of paste PVC and copolymers at Burghausen and the introduction of innovative products. 2014 another step of strategic importance shall follow: At the Cologne site an additional 50,000 tons of paste PVC capacity is projected.
Commercial Director Dr Wolfram Proessdorf says, "By investing in Cologne, we are in a position to engage in new growth markets intensely and to play an important role in the development of these markets. Thereby, we build on our traditional strengths: outstanding product and service quality, deep global customer relationships and an innovative product portfolio."
"With this step, we set another milestone in our strategy to expand our leading position in the field of specialty PVC," Dr Josef Ertl, Managing Director of Vinnolit, says. "And we give a clear signal that we are committed to invest in Germany and the future of our qualified staff."
With the expansion in Cologne, Vinnolit's capacity for PVC specialties will increase from today's 470,000 tons to 520,000 tons per year. "We have access to all major technologies for the production of specialty PVC and will continue to develop them further," Managing Director Dr Ralph Ottlinger points out.
About Vinnolit GmbH & Co. KG
With an annual capacity of 780,000 metric tonnes (1.7 billion lbs) Vinnolit is one of the leading PVC producers in Europe and, worldwide, is the market and technical leader in specialty PVC.
National and international activities of the company are managed from Ismaning, near Munich. Production sites are in Burghausen, Gendorf, Knapsack, Cologne, Schkopau and Hillhouse (UK). The turnover of Vinnolit in 2011 amounted to €923 million. Vinnolit employs 1,450 staff. Managing Directors are Dr Josef Ertl and Dr Ralph Ottlinger.
Vinnolit produces and markets a wide range of PVC products covering all kinds of PVC applications, e.g. in the building & construction sector, in the automobile industry or in the medical sector. Whether the PVC is for flooring, wall covering, window profiles, pipes, rigid film, technical coatings, automotive sealants, cable sheathing or medical applications, Vinnolit is able to offer a suitable solution.
Additionally Vinnolit produces and markets intermediates such as caustic soda, vinyl chloride and tin tetrachloride, which are required in the chemical industry as well as in other branches.
The technology centre VinTec is licensing Vinnolit's leading EDC-/VCM- and S-PVC technology worldwide.
Vinnolit participates in the worldwide Responsible Care programme of the chemical industry to continuously improve safety, health and environmental protection and supports VinylPlus, the voluntary commitment of the European PVC industry towards sustainable development, as 'Official Partner' financially, ideally and through active participation.
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