FUCHS PETROLUB SE

  • WKN: 579043
  • ISIN: DE0005790430
  • Land: Deutschland

Nachricht vom 24.03.2021 | 14:00

FUCHS opens a new production plant for polyurea lubricating greases at its Kaiserslautern site (news with additional features)

DGAP-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous
24.03.2021 / 14:00
The issuer is solely responsible for the content of this announcement.

FUCHS opens a new production plant for polyurea lubricating greases at its Kaiserslautern site

The FUCHS Group, which operates globally in the lubricants industry, has invested EUR 25 million in its Kaiserslautern site and officially inaugurated a new production facility on March 24. A fully automated production plant for polyurea and other lubricating grease specialties has been built on a 2,000 m² footprint on the over 90,000 m² premises of FUCHS LUBRITECH GmbH, which is based there.

The production plant is state-of-the-art and sets the highest standards in terms of safety, energy use and environmental protection in the manufacturing process. "The new production is one of our final projects in the global growth initiative launched in 2016, which is focused on capacity increase in line with advanced technology," said Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB SE. "It will enable us to significantly increase the production capacity of polyurea greases, allowing us to respond quickly to specific customer requirements and supply tailor-made polyurea greases, for example for use in the e-mobility, wind power and food industries."

"The new plant is a milestone for the entire FUCHS Group in terms of the production and distribution of polyurea greases. The production concept implemented will serve as a blueprint for other Group sites and sets a global standard for grease technology at FUCHS," explains Lucas Haaß, Managing Director of FUCHS LUBRITECH and responsible for Production and Supply Chain.

After the current investment, FUCHS LUBRITECH GmbH, which currently employs 353 people at its Kaiserslautern site, still has a considerable area of land available for future expansion on the premises.

Mannheim, March 24, 2021

FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 621 3802-1104
tina.vogel@fuchs.com

www.fuchs.com/group

The following information is available online:
Image and video material: https://www.fuchs.com/gb-en/photo-gallery/


About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. Formed in Mannheim in 1931, the Group employs almost 6,000 people worldwide at 58 operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in terms of sales revenues are Western Europe, Asia and North America.

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, actual future developments and results can differ significantly from these assumptions and estimates due to a variety of factors. These factors can, for example, include changes in the overall economic climate, changes in procurement prices, changes in exchange rates and interest rates, and changes within the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.


Additional features:

Picture: https://eqs-cockpit.com/c/fncls.ssp?u=d836739e35c3a8617d370c7847b3b270
Subtitle: The new FUCHS Polyurea grease plant in Kaiserslautern, Germany


24.03.2021 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



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Kaufen: Vectron Systems AG legt verstärkt Fokus auf Digitalgeschäft

Nachdem die Vectron Systems AG bislang insbesondere Kassensysteme verkauft hat, wird nun das Digitalgeschäft stärker in den Fokus rücken. Damit sollen die wiederkehrenden Einnahmen und die Wertschöpfung je Kunde deutlich erhöht werden. Über Cloud-Module können die Kunden nun mehrere digitale Services, die sie sonst über viele Einzelverträge abdecken, direkt mit dem Erwerb der Vectron-Kassen über den Fachhandel dazubuchen. Wir haben die Vectron Systems AG im Rahmen eines DCF-Modells bewertet und ein Kursziel in Höhe von 21,15 € ermittelt und vergeben das Rating KAUFEN.

Aktuelle Research-Studie

Original-Research: Rock Tech Lithium Inc. (von Montega AG): Kaufen Rock Tech Lithium Inc.

14. Juni 2021