DGAP-News: Nabaltec AG / Key word(s): Miscellaneous
Nabaltec AG consolidates innovative capacity at the Schwandorf site
"Each of the five departments in our R&D/Technical Service division: 'Adsorption & Catalysis,' 'Coatings & Electronics,' 'Refractories & Polishing,' 'Engineering Ceramics & Ballistics' and 'Cables & Polymers' is designed for specific applications," said Dr. Michael Klimes, Nabaltec AG's Chief Operating Officer. "This clear organization of our R&D/Technical Service division allows us to build a bridge to our markets, and to focus more intensely on individual customer requirements."
As part of its innovation strategy, Nabaltec AG has been moving forward since last year with the expansion of its three testing facilities at the Schwandorf site, for extrusion, ceramics and fillers, in which new products are manufactured in small batches of 10 to 100 kilograms and subjected to application testing. Since 2005, Nabaltec has also operating a research center in Kelheim for the development of new products and processes. Due to a change in conditions at that site, however, the pilot plant in Kelheim will be relocated in its entirety to the Schwandorf site as of the second half of 2017. At that point, a total of 31 employees will be engaged in this work in Schwandorf, with 22 in the R&D/Technical Service division and nine in the Plant & Process Development division.
Johannes Heckmann, Nabaltec AG's Chief Executive Officer, said as follows: "The consolidation of R&D/Technical Service activities, as well as Plant & Process Development activities, is an important milestone in our innovation strategy. The changes to our organizational structure and the expansion of our testing facilities create new opportunities for the optimization of our product lines and the development of new applications. In the long term, this strategy will serve to strengthen our innovative capacity, so that we will continue to be able to meet the needs of our customers. We consider the cost of this project, around EUR 4.0 million, to be a good investment in the future."
About Nabaltec AG:
|Phone:||+49 9431 53-0|
|Fax:||+49 9431 53-260|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt|
|End of News||DGAP News Service|