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Nanogate: Order for New Stainless Steel Application
Production launched for new application: Promising discussions with potential customers
Technology offensive – an element of the future-oriented NXI program – approaching completion
Leading industry trade fair “K”: Brand identity refined as ONE Nanogate – first-time presentation of completed systems expertise
Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has begun serial production for a reference order for an application in the stainless steel business division. With this order, the Group is implementing another component of its innovation offensive, which will be successfully concluded with the upcoming completion of the technology center in the USA.
The newly launched reference order involves the supply of enhanced stainless steel components to a well-known premium manufacturer in the bathroom fittings sector. This pilot order also represents the first serial use of a new, robot-assisted, fully automated production plant for high-quality stainless steel coatings. The new equipment was installed at the Neunkirchen site in recent months as part of the Group’s innovation offensive. Parallel to the introduction of the product, Nanogate has already recorded strong interest in similar applications from other providers in the home appliances sector.
Ralf Zastrau, CEO of Nanogate SE: “With our innovation offensive, which we launched in 2017, we have significantly expanded our technology and applications portfolio. A total of more than EUR 30 million is being invested in the development of new systems as well as the expansion of the value chain and capacities. In the course of this technology offensive, we have significantly expanded the expertise and application portfolio. The program will be concluded on schedule with the completion of the new technology center in the USA this year and its official opening in the first quarter of 2020. This includes numerous new solutions in the area of artificial metals as well as our entry into the field of integrated smart surfaces. In line with these achievements, we are presenting our complete value chain for the first time at the leading trade fair “K” in Düsseldorf, underscoring our position as a technology leader.”
First-time exhibition of completed systems expertise as ONE Nanogate
Nanogate has continued to expand its recognition in recent years. Today, thanks in part to numerous acquisitions in recent years, the Group is vertically integrated – from engineering to the serial production and coating of components. The company, which has been in operating for 20 years, will now present these system solutions for design-oriented, multifunctional components and surfaces for the first time. This comprehensive exhibit will be on view at a completely redesigned booth at “K” in Düsseldorf, the most important plastics and rubber industry trade fair in the world.
As announced in the future-oriented NXI program, Nanogate has further developed its brand profile in keeping with its presence at the leading international trade fair. “In line with the concept of ONE Nanogate, we are focusing on a central name. This strengthens our external recognition and improves the efficiency of sales and marketing. As a technology leader, our applications are firmly established in the lives of many people through our customers’ products. We thereby act as an innovation partner for numerous international corporations,” explains Nanogate CEO Zastrau.
The Group’s new public image will focus on three central brands in the future:
N-Glaze encompasses plastic components with glass-like properties and/or transparent or colored surface enhancement. These include components such as panels that have high-gloss black or colored surfaces and multifunctional properties like scratch resistance.
N-Metals pertains to all plastic components with metallic surface enhancements such as fine metallized finishes, environmentally-friendly metallization or stainless steel substitutes.
N-Plus encompasses all other components that are given transparent, colored or metallic enhancements. These include heating systems (for corrosion resistance) and anti-fingerprint metal components.
Nanogate focuses primarily on three target markets:
Intelligent Surfaces encompasses optically high-quality surfaces with multifunctional properties (such as scratch-resistant and glass-like surfaces). The integrated systems combine various forms, colors and design options with weight advantages of up to 50 percent. They fulfill the most stringent requirements for design and optical quality. At the same time, Nanogate is working on a new generation of control and operating concepts with innovative designs and functions: Integrated smart surfaces incorporate electronic functions into plastics.
New Mobility encompasses a broad portfolio of applications pertaining to the megatrends of digitalization and autonomous driving as well as e-mobility and lightweight construction. These are resulting in a considerable need for sensors, which in turn require components and surfaces with special properties (transparency, protection from exposure to the elements, etc.) for their installation and coverings. Nanogate already has a presence in this market and supplies products such as components for driver assistance systems to a number of automotive manufacturers. The Group is also producing plastic components for a new electric car that is scheduled to be launched by a German manufacturer in 2020. Nanogate also aims to benefit from the trends toward digitalization and new concepts in operation and mobility. This makes the Group completely independent from the mode of driving used in future vehicle generations.
In the field of artificial metals, Nanogate develops, produces and sells systems for metal applications. These include products like surface systems for stainless steel. We also see significant potential particularly for the decorative metallization of plastics. Nanogate has a broad portfolio in this area, such as for the replacement of chrome, stainless steel, copper and aluminum. Within the framework of the largest order in the company's history, encompassing a cumulative sales volume of up to USD 100 million, Nanogate is supplying components with a stainless steel look to a leading global manufacturer of household appliances in the U.S.
Nanogate will be present at “K,” the world’s most important plastics and rubber industry trade fair, from October 16 to 23, 2019, with a newly-designed booth (Hall 5, Booth A522).
This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the „Shares“) may not be offered or sold in the United States or to or for the account or benefit of „U.S. persons“ (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the „Securities Act“)). No offer or sale of transferable securities is being made to the public.
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