SGL breaks ground at new graphite production site in Germany

SGL breaks ground at new graphite production site in Germany

12:45 PM, 20th July 2011
SGL breaks ground at new graphite production site in Germany

 

BONN, GERMANY: The SGL Group held a groundbreaking ceremony at its Bonn unit, for the construction of a new production centre to manufacture isostatic graphite. The construction is scheduled to start in September while work on the production facility will be completed by the end of 2012.

“The investment in the new production centre for isographite is a pledge to the Bonn site, which we will continue to develop into a high technology location. As part of our multi-year investment programme, we will triple our production capacity around the world. This will consolidate our position in the market,” said Dr Gerd Wingefeld, Member of the Executive Board, SGL Group.

The specific investment in the Bonn location is part of an extensive programme of investment along the global value chain for isostatic graphite. SGL Group will invest around €75 million in expanding its capacity and ongoing technological development by 2012. The planning for this major investment also includes the process technology developed over decades at the Bonn location.

In addition to increasing production in Bonn, the programme also includes investments in the Chinese locations of Yangquan (baking and graphitizing) and Shanghai (machining, purification and coating). Currently SGL is looking to supply local growth markets in Asia, mainly China, Taiwan, South Korea and Japan.

© WOC News

 

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