Electrolube global sales rise 35%

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Electrolube, the manufacturer of specialist chemicals for the electronics, automotive and industrial manufacturing industries, has today announced its best ever sales performance, with global sales figures up by over 35% on 2012.  More than 30 senior staff from Electrolube’s international offices gathered at the company’s state-of-the-art manufacturing site and UK headquarters, based in Ashby-de-la-Zouch, for the group’s annual conference.  Following strong market performances from the UK, China and Germany, the conference focused on plans to expand Electrolube’s impressive growth through new product development, further international expansion and emerging growth markets.

Contributing to the company’s highest growth rate in 72 years, Electrolube’s facility in China reported an over 30% increase in sales across Asia from last year and the UK, French and German offices reported total European sales are up by over 10% on 2012. The company’s long term strategy of developing specialist chemical solutions for emerging technologies and maintaining a presence for local customers in each country has proved highly successful in expanding the business and meeting the demands of its customers.

Ron Jakeman, Electrolube’s Group Managing Director, said, “2013 has been an excellent year for Electrolube. We delivered a powerful global performance throughout the year across all the markets we serve, with the highlight being that we have sold more complete solutions to manufacturers this year than ever before in our 72 year history. The launch of our new global identity, together with receiving the ISO 14001 standard for our Environmental Management System and the debut of new legislation-compliant chemical products, have created a real buzz around the brand with customers clearly delighted with our offerings and our collaborative approach to providing solutions for all of their specialist chemical requirements. Looking ahead to 2014, we will continue to invest in our business to support our ambitious plans for growth and gear the company even more intensively towards emerging technologies, product expansion and customer development.”

Karen Harrison, Electrolube’s Group Marketing Manager, said, “Electrolube’s annual conference is a great opportunity for key R&D, management and sales staff from the group’s global offices in the UK, France, Germany, India, Brazil, USA, China and Australia to drive the company forward, share success stories and deliver technical presentations. We will be introducing new products that will all comply with REACH regulations throughout the year within our core product groups, which include conformal coatings, contact lubricants, thermal management solutions, resins, cleaning solutions, and service and maintenance aids.”

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Electrolube, a division of H.K. Wentworth Limited, is a leading manufacturer of specialist chemicals for electronics, automotive and industrial manufacturing. Additionally, Electrolube manufactures and supplies specialist lubricants to the automotive, industrial and domestic switch manufacturing sector. Research and development, quality and environmental concerns are fundamental to the Electrolube philosophy of providing the highest level of customer service. This is achieved both direct to manufacturers and via a worldwide network of subsidiaries and distributors. The continued global expansion of Electrolube and its innovative range of environmentally friendly products prove that the total capability and dedication to customer care combine to create a winning formula.

Contacts:

Electrolube (A division of HK Wentworth Ltd)

Karen L. Harrison, Group Marketing Manager

Email: karen.harrison@hkw.co.uk

Mobile: 44 (0) 7764 771392     

Office: 44 (0) 1530 419600

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