Semperit maintains value in Malaysian glove factory with six new production lines

EQS-Media / 30.04.2022 / 08:40

Semperit maintains value in Malaysian glove factory with six new
production lines 

Kamunting/Malaysia, Vienna/Austria, 30 April 2022 – The publicly listed
Semperit Group invested EUR 21 million from autumn 2020 onwards in the
construction of six additional dipping lines („P7+“) for glove production
at the Malaysian subsidiary in Kamunting. Today, the new production lines
with an output of 1.8 billion pieces per year were opened during a festive
ceremony by CEO Karl Haider and COO Kristian Brok in the presence of the
Chief Minister of Perak and the Austrian Ambassador.

The most modern factory complex at the Kamunting site, called P7, thus now
has 18 production lines with a target capacity of 5.4 billion pieces of
gloves in total; 12 production lines had been built in an initial
investment phase between 2015 and 2017. „The construction of P7+ serves to
preserve value at our Malaysian Sempermed plant and represents the
completion of the successful restructuring initiated in 2017, on the basis
of which we have achieved considerable efficiency gains,“ says Karl
Haider, CEO of the Semperit Group.

„Since P7+ consists of semi-automatic lines, labour utilisation is less
than in other parts of the factory. Overall plant efficiency is also
excellent and gas consumption is lower than in the other areas of our
Malaysian site“, adds COO Kristian Brok. Thanks to greater flexibility,
new types of gloves in colours such as cobalt blue and black can be
produced in the Malaysian Semperit production facility in the future.

For inquiries:
Monika Riedel
Director Group Brand Management,
Corporate Spokesperson
+43 676 8715 8620
[1]monika.riedel@semperitgroup.com

Judit Helenyi
Director Investor Relations
+43 676 8715 8310
[2]judit.helenyi@semperitgroup.com
 

[3] www.semperitgroup.com
[4] www.linkedin.com/company/semperit-ag

About Semperit

The publicly listed company Semperit AG Holding is an internationally
oriented group that develops and produces highly specialised polymer
products for the industrial and medical sectors, selling them in over 100
countries around the world: hydraulic and industrial hoses, conveyor
belts, escalator handrails, construction profiles, cable car rings,
products for railway superstructures, and examination and surgical gloves.
Founded in 1824, this long-standing Austrian company has its headquarters
in Vienna, Austria. The Semperit Group employs around 7,000 people
worldwide, including some 3,800 in Asia and approximately 900 in Austria
(Vienna and production site Wimpassing, Lower Austria). The Group has 15
manufacturing facilities worldwide and numerous sales offices in Europe,
Asia, Australia, and America. In 2021, the Group generated revenue of EUR
1,182.2 million and an EBITDA of EUR 361.8 million.

End of Media Release

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Issuer: Semperit AG Holding
Key word(s): Enterprise

30.04.2022 This Press Release was distributed by EQS Group AG. www.eqs.com

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Language: English
Company: Semperit AG Holding
Am Belvedere 10
1100 Wien
Austria
Phone: +43 1 79 777-310
Fax: +43 1 79 777-602
E-mail: judit.helenyi@semperitgroup.com
Internet: www.semperitgroup.com
ISIN: AT0000785555
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1340391

 
End of News EQS Media

1340391  30.04.2022 

References

Visible links
1. monika.riedel@semperitgroup.com
2. judit.helenyi@semperitgroup.com
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