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FUCHS opens state-of-the-art plant in Beresfield, Australia (news with additional features)

FUCHS opens state-of-the-art plant in Beresfield, Australia (news with additional features)

DGAP-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous

22.02.2018 / 10:30
The issuer is solely responsible for the content of this announcement.


FUCHS opens state-of-the-art plant in Beresfield, Australia
 

FUCHS PETROLUB SE, the world's largest independent manufacturer of high-quality lubricants and related products, is opening a new plant with a quality and research laboratory in Beresfield, Australia. The state-of-the-art facility, which was built over a period of 18 months, will replace the FUCHS plant in Wickham, Newcastle, which has been operating since 1979.

The new 25,000 m² plant will serve the mining, agricultural and transportation markets of Australia and New Zealand. High flexibility in product changeovers ensures a lower capital commitment and a faster response to customer requirements.

Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB SE, opened the plant in Beresfield on February 15, 2018, emphasizing the global strategy focused on customer proximity, which involves FUCHS investing in new facilities around the world. "Australia is a key market for FUCHS, which is why we have invested in the new plant in Beresfield," said Stefan Fuchs.

Wayne Hoiles, Managing Director of FUCHS Lubricants (Australasia), commented that in contrast to FUCHS' strategy, competitors are increasingly producing outside the market and employing an import strategy. "We need a local infrastructure that satisfies the needs of Australia and New Zealand. Therefore, we are investing locally to provide better service for our customers," added Hoiles.

The new plant meets highest quality, safety and environmental standards. It features a high degree of digitalization, automatic high-speed filling and corrosion-resistant piping and tanks. In addition, solar panels have been installed that generate up to 155 kilowatts of electricity and can cover more than 30 percent of the plant's electricity requirements.

 

Mannheim, February 22, 2018


FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 621 3802-1207
thomas.altmann@fuchs.com

www.fuchs.com/group

The following information is available online:
Image and video material: www.fuchs.com/group/mediagallery

About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. Formed in Mannheim in 1931, the Group employs more than 5,000 people worldwide at 58 operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in terms of sales revenues are Western Europe, Asia and North America.

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, actual future developments and results can differ significantly from these assumptions and estimates due to a variety of factors. These factors can, for example, include changes in the overall economic climate, changes in procurement prices, changes in exchange rates and interest rates, and changes within the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.


Additional features:

Picture: http://newsfeed2.eqs.com/fuchs/656675.html
Subtitle: New Beresfield Plant


22.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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