Nanogate AG: Significant Expansion Of US Plastic Glazing Business

Nanogate AG: Significant expansion of US Plastic Glazing business

09-Jun-16

Nanogate AG: Significant expansion of US business Supply of glazing components for car manufacturer - Annual volume in the mid-single-digit million range Göttelborn, Germany, 9 June 2016. Nanogate AG, a leading international integrated systems provider for high-performance surfaces, has seen a significant increase in sales in the US. The Group is supplying a car manufacturer with glazing components to be built into the exterior of vehicles. The order has an annual volume in the mid-single-digit million euro range. Nanogate AG's US subsidiary, which was established a few weeks ago, is also involved in the implementation.

Nanogate AG's CEO, Ralf Zastrau, commented: "As the world's largest economy, the US plays a central role in our strategy of internationalisation. This major order gives us reason to be optimistic about future development. In particular, enhanced plastic components of the highest optical quality - such as those we are already supplying to a car manufacturer - are in high demand around the world. Opening up new, international markets is an important component of our Phase5 growth strategy, with which we intend to continue significantly increasing business volume and profitability."

Nanogate is a leading international integrated systems provider for high-performance surfaces. The Group, which is based in Göttelborn (Saarland), enables the programming and integration of additional properties - such as non-stick, scratchproof and anti-corrosive - into materials and surfaces as well as enhanced plastic components. True to its slogan 'A world of new surfaces', Nanogate opens up the diverse possibilities of multifunctional surfaces based on new materials for companies in a wide range of industries. Nanogate provides its customers with technologically and optically high-quality systems. To do so, the company uses its extensive expertise in innovative materials. The aim is to improve customers' products and processes by means of high-performance surfaces while achieving environmental benefits.

The Group concentrates on attractive sectors such as automotive/transport, mechanical/plant engineering, buildings/interiors and sport/leisure as well as on the strategic growth areas of advanced polymers and advanced metals. Nanogate has a unique combination of extensive materials expertise paired with comprehensive, first-class process and production know-how. As a systems provider, Nanogate offers services throughout the entire value chain, from the purchase of raw materials, to the synthesis and formulation of the material systems, right through to the enhancement and production of the finished surfaces.

The Group focuses primarily on optically high-quality plastic and metal coatings for all surface types. Its value drivers are the opening up of new, international markets, the development of new applications for the strategic growth areas of advanced polymers (innovative plastics, e.g. glazing) and advanced metals (innovative metal enhancements) as well as external growth. The Nanogate Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Bosch und Siemens Hausgeräte, Daimler, FILA, Jaguar, Junkers, Porsche, Volkswagen). Several hundred projects have already gone into mass production.