Semperit maintains the value of the Malaysian glove factory with six new production lines

Semperit maintains the value of the Malaysian glove factory with six new production lines

Kamunting/Malaysia, Vienna/Austria, April 30, 2022 – The listed Semperit Group has invested 21 million euros from autumn 2020 in the construction of six additional dipping lines (“P7+”) for the production of gloves in the Malaysian branch of Kamunting. Today, the new production lines with a production of 1.8 billion pieces per year were inaugurated in 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 industrial complex at the Kamunting site, called P7, now has 18 production lines with a target capacity of 5.4 billion gloves in total; 12 production lines had been built in a first phase of investment between 2015 and 2017. “The construction of P7+ serves to preserve the value of our Malaysian Sempermed plant and represents the completion of the successful restructuring initiated in 2017, on the basis from which we have achieved considerable efficiency gains,” says Karl Haider, CEO of the Semperit Group.

“Because P7+ consists of semi-automatic lines, the use of labor is less than in other parts of the plant. Overall plant efficiency is also excellent and gas consumption is lower than other areas of our Malaysian site,” adds COO Kristian Brok. Thanks to greater flexibility, new types of gloves in colors such as cobalt blue and black can be produced in the future at Semperit’s Malaysian production facility.

For requests:
Monika Riedel
Group Brand Management Director,
Corporate spokesperson
+43 676 8715 8620
[email protected]

Judit Helenyi
Investor Relations Director
+43 676 8715 8310
[email protected]

www.semperitgroup.com
www.linkedin.com/company/semperit-ag

About Semperit

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

30.04.2022 This press release was distributed by EQS Group AG. www.eqs.com

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