Gurit Renews Distribution Agreement for Maricell PVC

Zurich, Switzerland, (PresseBox) - Gurit (SIX Swiss Exchange: GUR), a worldwide leading developer and manufacturer of advanced composite materials, components and technologies, today announced that it has renewed its distribution agreement with Maricell S.r.l., an Italian producer of closed-cell PVC structural foam.  

Under the terms of the agreement, Gurit will continue to distribute all Maricell PVC globally until December 31, 2020, with further extension options.

 

The distribution agreement is equally beneficial for both parties. Gurit benefits from a guaranteed volume of high-quality PVC while Maricell can rely on a sales volume which Gurit has committed to distribute through its global network.

 

Gurit will continue to produce and distribute its existing core materials range Corecell™, PVC, Balsaflex™ and Kerdyn™ PET globally. Furthermore, Gurit offers regional stock as well as slicing and finishing capacities for structural foam to customers in Europe, the

Americas and the Asia-Pacific region in order to provide customers the complete composite solution – from engineering to material selection and material processing to on-site technical support.

 

Forward-looking statements:

To the extent that this announcement contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this announcement. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this announcement. Therefore, Gurit Holding AG does not assume any responsibility relating to forward-looking statements contained in this announcement.

Gurit Holding AG

The companies of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) are specialized on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fiber reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, structural engineering and select finished parts on the other. The global Group has production sites and offices in Switzerland, Germany, Hungary, Italy, Spain, the U.K., Poland, Canada, the U.S.A., Ecuador, Australia, New Zealand, India and China. For more information, please visit www.gurit.com

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