TREOFAN
Speciality films growth drives significant increase in operating profit / First commercial orders for “Treopore” now being delivered / Optimistic outlook for 2016
A shift in product mix towards speciality films was a key factor in German BOPP film producer Treofan (Raunheim; www.treofan.com) almost doubling its operating profit to over EUR 32m in 2015, with the upward trend continuing into the first quarter of 2016, the company said.
During the year, volumes of speciality films increased to 155,000 t, accounting for almost 70% of sales volume. This figure rose to 72% in the first quarter of 2016. The company’s speciality films business in the Americas was responsible for the largest volume gains, increasing by more than 12 percentage points.
In the company’s packaging and labels business unit speciality products now account for 66% of sales volume. In the tobacco packaging business, this figure is 90%, while the technical films department produces only specialities. The first commercial orders for “Treopore” nanostructured microporous separator film for use in lithium-ion batteries are now being delivered and the company expects the material to reach an order volume of around 5m m² in 2016.
Walter Bickel, Treofan CEO, said: “We increasingly see ourselves as a provider of BOPP film surface technologies. Being the only BOPP manufacturer to cover all application areas, we can tailor film parameters such as thickness, barrier effect and porosity, adhesive properties and processing speed to all kinds of different uses. This ability, combined with our direct access to major brand owners and our network of partners at every stage of the value chain, strongly differentiates us on the market.”
Treofan has bundled its expertise related to developing customer-oriented solutions into a “tech powerhouse”. This organisation, headed by Marco Holst and Yvonne Düpre, has two areas: Service and solutions includes technical service, where requirements are defined in collaboration with the customer, while know-how and competences includes technology, where material properties are defined, along with quality management, which ensures maximum reliability and handles issues of approval.
Looking forward, Bickel views 2016 with optimism, with profitability set to continue rising. In addition to the ongoing expansion of Treofan’s speciality product share, initiatives to make the organisation even more customer-oriented will play a role in growing profitability, as do continued investments, including a coater at the company’s Battipaglia facility in Italy, he added.
During the year, volumes of speciality films increased to 155,000 t, accounting for almost 70% of sales volume. This figure rose to 72% in the first quarter of 2016. The company’s speciality films business in the Americas was responsible for the largest volume gains, increasing by more than 12 percentage points.
In the company’s packaging and labels business unit speciality products now account for 66% of sales volume. In the tobacco packaging business, this figure is 90%, while the technical films department produces only specialities. The first commercial orders for “Treopore” nanostructured microporous separator film for use in lithium-ion batteries are now being delivered and the company expects the material to reach an order volume of around 5m m² in 2016.
Walter Bickel, Treofan CEO, said: “We increasingly see ourselves as a provider of BOPP film surface technologies. Being the only BOPP manufacturer to cover all application areas, we can tailor film parameters such as thickness, barrier effect and porosity, adhesive properties and processing speed to all kinds of different uses. This ability, combined with our direct access to major brand owners and our network of partners at every stage of the value chain, strongly differentiates us on the market.”
Treofan has bundled its expertise related to developing customer-oriented solutions into a “tech powerhouse”. This organisation, headed by Marco Holst and Yvonne Düpre, has two areas: Service and solutions includes technical service, where requirements are defined in collaboration with the customer, while know-how and competences includes technology, where material properties are defined, along with quality management, which ensures maximum reliability and handles issues of approval.
Looking forward, Bickel views 2016 with optimism, with profitability set to continue rising. In addition to the ongoing expansion of Treofan’s speciality product share, initiatives to make the organisation even more customer-oriented will play a role in growing profitability, as do continued investments, including a coater at the company’s Battipaglia facility in Italy, he added.
04.05.2016 Plasteurope.com [234009-0]
Published on 04.05.2016