HEXPOL committed to Mexico growth – investing in further capacity for Rubber Compounding
HEXPOL has decided to invest in further capacity for Rubber Compounding in Mexico in order to support the growing demand from mainly automotive and engineering related customers in Mexico.
The investment consist of another advanced 135 L Rubber Compounding line and will include building and infrastructure extension at our existing facility in Querétaro, Mexico.
With the new line on stream during second half of 2016 HEXPOL´s Rubber Compounding capacity will increase to more than 70,000 tonnes from six advanced Rubber Compounding lines in our modern and well located facilities in Querétaro and Aguascalientes, Mexico.
For further information, please contact:
Georg Brunstam, President and CEO
Tel: +46 (0)40-25 46 61
Karin Gunnarsson, CFO/IR
Tel: +46 (0)40-25 46 64
HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2014 amounted to 8,919 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.
This press release consists of such information that HEXPOL AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on May 29, 2015.