Austrian automotive supplier awarded major contract from premium carmaker / New plant to be built in South Africa
After low third-quarter sales and profits due to the diesel crisis and issues from the new emissions test "WLTP", Polytec’s (Hörsching / Austria; www.polytec-group.com) future now looks set for growth. The automotive supplier received a major order from a German premium car manufacturer and is, for this purpose, investing EUR 10m in the construction of a new plant in the East London Industrial Development Zone (ELIDZ) on the southeastern coast of South Africa. Mercedes-Benz maintains “C-Class” production facilities at this location. This will be Polytec’s first plant in Africa.

The Austrian company will employ plastics production technologies from the composites and injection moulding areas for the production of underbody panelling and other automotive parts. The agreed upon delivery period is eight years, and start-up is scheduled for 2021 – the same year Mercedes’ new C-Class generation is to be introduced.
12.12.2018 Plasteurope.com [241274-0]
Published on 12.12.2018
Polytec: Werkserweiterung in Südafrika für deutschen AutoherstellerGerman version of this article...

© 2001-2019 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2019 by Plasteurope.com, Bad Homburg
Date of print: 16.09.2019 22:10:24   (Ref: 995135458)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp