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Dr. Torsten Derr (c) SGL Carbon SE
Dr. Torsten Derr
10.02.2020

Dr. Torsten Derr wird neuer Vorstandsvorsitzender der SGL Carbon SE

Der Aufsichtsrat der SGL Carbon SE hat heute Herrn Dr. Torsten Derr mit Wirkung zum 1. Juli 2020 für die Dauer von fünf Jahren zum Vorsitzenden des Vorstands der SGL Carbon SE bestellt. Damit tritt Herr Dr. Derr die Nachfolge von Herrn Dr. Jürgen Köhler an, der zum 31. August 2019 von seinem Amt als Vorstandsvorsitzender des Unternehmens zurückgetreten war. 

Der Aufsichtsrat der SGL Carbon SE hat heute Herrn Dr. Torsten Derr mit Wirkung zum 1. Juli 2020 für die Dauer von fünf Jahren zum Vorsitzenden des Vorstands der SGL Carbon SE bestellt. Damit tritt Herr Dr. Derr die Nachfolge von Herrn Dr. Jürgen Köhler an, der zum 31. August 2019 von seinem Amt als Vorstandsvorsitzender des Unternehmens zurückgetreten war. 

Herr Dr. Derr ist seit 2016 Geschäftsführer der SALTIGO GmbH, Leverkusen, einem Tochterunternehmen der LANXESS AG. Nach seinem Studium der Chemie und seiner Promotion an der Universität Bremen begann er seine berufliche Laufbahn 1997 bei der Bayer AG, ab 2003 bei der LANXESS AG. Hier war er als Vizepräsident für Kunststoffzwischenprodukte, Leiter der Geschäftsbereiche Materialschutz und EPDM-Elastomere und in verschiedenen anderen leitenden Funktionen tätig, unter anderem als Leiter Commercial & Supply Chain Excellence & Chief Commercial Officer der LANXESS AG.

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SGL Carbon
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SGL Carbon SE

Dr. Torsten Derr (c) SGL CARBON SE
Dr. Torsten Derr
10.02.2020

Dr. Torsten Derr to become new Chief Executive Officer of SGL Carbon SE

The Supervisory Board of SGL Carbon SE today appointed Dr. Torsten Derr as Chief Executive Officer of SGL Carbon SE for the duration of five years effective July 1, 2020. With this appointment, Dr. Derr is succeeding Dr. Jürgen Köhler, who resigned from his mandate as Chief Executive Officer of SGL Carbon SE effective August 31, 2019.  

The Supervisory Board of SGL Carbon SE today appointed Dr. Torsten Derr as Chief Executive Officer of SGL Carbon SE for the duration of five years effective July 1, 2020. With this appointment, Dr. Derr is succeeding Dr. Jürgen Köhler, who resigned from his mandate as Chief Executive Officer of SGL Carbon SE effective August 31, 2019.  

Since 2016, Dr. Torsten Derr is holding the position of Managing Director of SALTIGO GmbH, a subsidiary of LANXESS AG. Following his master degree and attainment of his PhD in chemistry at the University of Bremen, Dr. Derr began his professional career 1997 at Bayer AG, and since 2003 at LANXESS AG, where he was Vice President for Plastic Intermediates, Head of the Business Units Material Protection Products and EDPM-Elastomers, as well as holding various other management functions, amongst others as Head of Commercial & Supply Chain Excellence & Chief Commercial Officer of LANXESS AG.

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SGL Carbon
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SGL CARBON SE

Tailor-made large-scale fabrics production at SGL Carbon in Wackersdorf, Germany (c) SGL Carbon
Tailor-made large-scale fabrics production at SGL Carbon in Wackersdorf, Germany
07.02.2020

JEC World 2020: SGL Carbon presents new solutions

At this year’s JEC World, the largest trade fair for composites held from March 3-5, 2020 in Paris, SGL Carbon will focus on the topic of serial production for the automotive, aerospace and industrial sectors. The key is customized solutions with individual component designs combined with tailored materials and production processes ready for large scale production. Under the motto “The Solution Provider,” the company will present selective innovative component solutions from all three areas in Hall 6, Booth D25.

At this year’s JEC World, the largest trade fair for composites held from March 3-5, 2020 in Paris, SGL Carbon will focus on the topic of serial production for the automotive, aerospace and industrial sectors. The key is customized solutions with individual component designs combined with tailored materials and production processes ready for large scale production. Under the motto “The Solution Provider,” the company will present selective innovative component solutions from all three areas in Hall 6, Booth D25. Furthermore, as an example for industrial applications, SGL Carbon will showcase at the JEC world a crossbeam made of carbon fiber reinforced plastics (CFRP) used in automated Schuler press lines.

  •    Composite battery enclosures for e-mobility
  •    Flexible new leaf spring generation for rear axles
  •    Innovative component designs for passenger airplanes, helicopters and air taxis
  •    Extremely lightweight and stable transfer beam for mechanical engineering

Selective applications with focus on serial production
In the field of automotive applications, SGL Carbon will present at the JEC World composite battery enclosures as a promising new application driven by increasing demand for electric vehicles and the resulting new flexible chassis platforms. The company demonstrates a prototype of a battery enclosure based on carbon fibers. However, hybrid composites with a mixture of glass and carbon fibers are also possible.

In the aerospace sector, SGL Carbon is also expanding its portfolio of realized projects and expertise relying on the trend to use more efficient materials and processes in this industry too.
In the area of primary structure components, the company will present a demo exhibit for the door frame of a passenger airplane realized in collaboration with external partners and based on 50k carbon fiber from the SGL Carbon, which is suitable for serial production.

Live simulations and intense exchange at the booth
Visitors can experience live how their ideas can be implemented both sustainably and cost-effectively in composites thanks to simulations. Experts from the company’s own Lightweight and Application Center demonstrate the path from the concept to virtual prototypes using simulation software, with the result visible either to the entire audience or just individual visitors. To prepare, interested parties can contact the team now at the following link: https://www.sglcarbon.com/anmeldung-jec.

On March 4, 2020, the SGL Carbon stand will host its traditional get-together for customers and friends starting at 4 p.m. – no registration necessary.
 

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SGL Carbon JEC World
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SGL Carbon

Automatisierte Qualitätskontrolle in der Produktion von Gasdiffusionsschichten für Brennstoffzellen bei der SGL Carbon in Meitingen (c) SGL Carbon
Automatisierte Qualitätskontrolle in der Produktion von Gasdiffusionsschichten für Brennstoffzellen bei der SGL Carbon in Meitingen
07.02.2020

SGL Carbon awarded by Hyundai as Supplier of the Year 2019

Automatized quality control of gas diffusion layers for fuel cells at SGL Carbon in Meitingen

Automatized quality control of gas diffusion layers for fuel cells at SGL Carbon in Meitingen

  • One of only two awarded overseas suppliers
  • Long-term cooperation for a substantial production ramp-up

Mid of January SGL Carbon received the “Supplier of the Year 2019” award for excellence in quality management and contributions to strengthen the overall competitiveness of Hyundai Motor Group related to the manufacturing and supply of fuel cell components. The award is being granted by the Korean automaker once a year, evaluating several hundreds of suppliers from across the world in different categories. This time only two overseas suppliers have been awarded.

SGL Carbon and the Hyundai Motor Group have been cooperating on fuel cell technology for almost 20 years. Last year, the two companies agreed on an early extension to the existing supply agreement for SIGRACET® gas diffusion layers for the NEXO fuel cell car, encompassing a new long-term cooperation including a substantial ramp-up of the current production and supply volumes.

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SGL Carbon Hyundai
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SGL Carbon

SGL Carbon: Zahlen für 2019 und Prognose für das Jahr 2020
SGL Carbon: Zahlen für 2019 und Prognose für das Jahr 2020
31.01.2020

SGL Carbon: Numbers for 2019 und forecast for the year 2020

Within the framework of the preparations for the Group annual financial statements and based on preliminary results, SGL Carbon confirms its guidance for 2019 as revised in October 2019. Accordingly, the Company continues to expect Group sales between €1.05 and €1.1 billion and Group EBIT before extraordinary items between €45 and 50 million. In addition, net financial debt as of December 31, 2019 has also developed as expected, increasing by a mid double digit million € amount and thus remaining below the €300 million mark.

Within the framework of the preparations for the Group annual financial statements and based on preliminary results, SGL Carbon confirms its guidance for 2019 as revised in October 2019. Accordingly, the Company continues to expect Group sales between €1.05 and €1.1 billion and Group EBIT before extraordinary items between €45 and 50 million. In addition, net financial debt as of December 31, 2019 has also developed as expected, increasing by a mid double digit million € amount and thus remaining below the €300 million mark.

SGL Carbon also confirms the initial outlook for 2020 as presented in October 2019. Group sales is anticipated slightly below the 2019 level and Group EBIT before extraordinary items 10-15% below the 2019 level. To reflect the lower earnings expectations and within the context of a conservative free cash flow management, the Company will restrict capital expenditures to €70-80 million in 2020 (previous guidance: approximately €100 million) and thus approximately on the level of depreciation.

As usual, SGL Carbon will communicate further details on the guidance for 2020, particularly relating to the guidance on the level of the reporting segments, with the publication of the annual report 2019 on March 12, 2020.

The Company will also publish statements on the new mid-term plan on this date.

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SGL Carbon
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SGL Carbon

23.01.2020

SGL Carbon product finder supports selection of optimum graphite sealing material

  • New product finder "Flexible Graphite" finds optimum solutions for the respective customer requirements
  • Identification of the best SIGRAFLEX® graphite gasket material for a specific application

With the help of SGL Carbon’s new product finder "Flexible Graphite", users can quickly select exactly the sealing product that best suits their application requirements - from the range of SIGRAFLEX graphite gasket sheets available.

  • New product finder "Flexible Graphite" finds optimum solutions for the respective customer requirements
  • Identification of the best SIGRAFLEX® graphite gasket material for a specific application

With the help of SGL Carbon’s new product finder "Flexible Graphite", users can quickly select exactly the sealing product that best suits their application requirements - from the range of SIGRAFLEX graphite gasket sheets available. The product finder is accessible free of charge on the company's website and guides the user to the optimum sealing material - online, easily and accurately.

The product finder "Flexible Graphite" can be found on the website at www.sigraflex.com/productfinder

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SGL Carbon
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SGL Carbon

Ultra-light landing gear made of carbon fiber composites for air taxis (c) SGL Carbon
Ultra-light landing gear made of carbon fiber composites for air taxis
20.01.2020

SGL Carbon: Ultra-light landing gear made of carbon fiber composites for air taxis

  • Series order for a total of 500 units
  • First SGL Carbon component project for manned autonomous aviation

SGL Carbon will begin serial production of landing gear made from braided carbon fiber material early this year. The landing skids will be installed in around 500 air taxis worldwide over the next two years.

  • Series order for a total of 500 units
  • First SGL Carbon component project for manned autonomous aviation

SGL Carbon will begin serial production of landing gear made from braided carbon fiber material early this year. The landing skids will be installed in around 500 air taxis worldwide over the next two years.

The air taxis will be powered by several electric motors. To optimize the range of the taxis, every single gram counts. Measuring about two meters in length and 1.5 meters in width, the ultra-light landing skid will weigh less than three kilograms, making it about 15 percent lighter than a similar component made from aluminum. This increases the potential flight time capacity of the air taxi which is a key differentiator for the air taxi operator.

“With with our landing gear we help to shape this very new, promising application of manned, autonomous civil aviation. This involvement also demonstrates our wide range of services. From engineering, to prototype manufacture, to serial production with our own materials – all of our competences along the entire value chain made a contribution to the project ,” emphasizes Dr. Andreas Erber, Head of the Aerospace segment of the Composites – Fibers & Materials business unit at SGL Carbon.

The landing gear was developed in close collaboration between customer experts and specialists from SGL Carbon. The carbon fibers for the component are produced at the SGL Carbon plant in Muir of Ord, Scotland. The final part is being manufactured at the SGL Carbon site in Innkreis, Austria.

 

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SGL Carbon

(c) SGL Carbon
15.01.2020

SGL Carbon: New production hall at the Bonn site

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony.

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

The background of the expansion is the continuously increasing demand for advanced solutions and products made from graphite in the automotive sector. Due to its durability, high strength, low friction behavior, and high conductivity, the material is suitable for many different automotive applications. Examples include rotors and vanes in vacuum pumps for brake boosters, bearings for exhaust gas management, and sealing rings and bearings for seals in coolant pumps. These solutions include applications for vehicles with conventional combustion engines as well as for e-mobility, thereby making an important contribution to clean driving, higher energy efficiency, and lower emissions.

“Automotive components made from specialty graphite are increasingly becoming the standard in many different applications in the automotive industry. Due to their special properties, they are more and more frequently replacing the materials previously used in pumps and seals, such as plastic and metal. By investing in the modernization and expansion of production in Bonn, we are consolidating our leading position in this market and offering our customers real added value in the close partnership with each other. Through the expansion, we are also strengthening our site in Bonn,” explains Burkhard Straube, President of the business unit Graphite Materials & Systems.

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SGL Carbon
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SGL Carbon

SGL Carbon: Großauftrag für Batteriegehäuse (c) SGL Carbon
SGL Carbon: Großauftrag für Batteriegehäuse
13.01.2020

SGL Carbon: Contract for composite battery enclosures

  • New composite e-mobility application gains momentum
  • Strengthening regional footprint in North America
  • Potential for further extensions

Following the production of first prototypes of battery enclosures for a Chinese automotive manufacturer in 2018, SGL Carbon has now received a contract from a North-American automaker for high-volume serial production of carbon and glass fiber-based composite top and bottom layers for battery enclosures. The serial production of the components will start end of 2020.

  • New composite e-mobility application gains momentum
  • Strengthening regional footprint in North America
  • Potential for further extensions

Following the production of first prototypes of battery enclosures for a Chinese automotive manufacturer in 2018, SGL Carbon has now received a contract from a North-American automaker for high-volume serial production of carbon and glass fiber-based composite top and bottom layers for battery enclosures. The serial production of the components will start end of 2020. The carbon fibers and fabrics as well as the assembled components come from SGL Carbon’s fully integrated value chain. On top of this order, there is the potential for more extensions with further substantial volumes for the shared platform business of the manufacturer.

In addition, SGL Carbon has won a smaller volume contract from a European sports car manufacturer to serially produce bottom layers made of composite as of mid-2020. The company is additionally in talks with further automakers to develop and manufacture battery enclosure solutions for their e-car platforms.

“Driven by the increasing need for e-cars worldwide and thus for new flexible chassis platforms, our composite battery enclosures are a very promising new application in our product portfolio. The recent contract wins show that our approach of developing custom-made solutions based on our integrated value chain offers an excellent value proposition”, says Sebastian Grasser, Head of Automotive Segment.

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SGL Carbon
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SGL Carbon

SGL Carbon (c) SGL Carbon
SGL Carbon
11.12.2019

SGL Carbon produces composite leaf springs for Ford Transit

  • First glass fiber based leaf spring project in series by Ford worldwide
  • From development to serial production

Since midyear, SGL Carbon has produced longitudinal leaf springs made of glass fiber-based composite for Ford Transit rear axles in series. The springs are used in combination with the Transit Skeleton chassis. Thus, they are applied where high payloads play an important role, for example in caravanning models or specific commercial vehicle variants of the Transit.

  • First glass fiber based leaf spring project in series by Ford worldwide
  • From development to serial production

Since midyear, SGL Carbon has produced longitudinal leaf springs made of glass fiber-based composite for Ford Transit rear axles in series. The springs are used in combination with the Transit Skeleton chassis. Thus, they are applied where high payloads play an important role, for example in caravanning models or specific commercial vehicle variants of the Transit. In comparison to conventional leaf springs, the innovative composite leaf spring weighs about 50 percent less while offering increased security standards. The serial application is supported by a one-to-one compatibility with standard steel springs.

 

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SGL Carbon
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SGL Carbon

SGL Carbon und Solvay schließen Kooperation zur Entwicklung von im hohen Maße konkurrenzfähigen und fortschrittlichen Carbonfaser-Verbundwerkstoffen für Primärstrukturen in der Luftfahrt (c) SGL CARBON SE
SGL Carbon Large-Tow-IM-Carbonfaser Produktion am US-Standort Moses Lake
03.12.2019

Collaboration between SGL Carbon and Solvay

SGL Carbon and Solvay collaborate to develop highly-competitive advanced carbon fiber composites for aerospace primary structures

SGL Carbon and Solvay collaborate to develop highly-competitive advanced carbon fiber composites for aerospace primary structures

SGL Carbon and Solvay have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials, which address the need to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft, will be based on SGL Carbon’s large-tow IM carbon fiber and Solvay’s primary structure resin systems.

The agreement encompasses both thermoset and thermoplastic composite technologies. It builds on Solvay’s leadership in supplying advanced materials to the aerospace industry and SGL Carbon’s expertise in high-volume carbon fiber manufacturing.

“For Solvay, this is an opportunity to lead the aerospace adoption of a composite material based on 50K IM carbon fiber. This is a highly competitive value proposition that brings more affordable high-performance solutions to our customers. We see this as the first step in a long-term partnership,” said Augusto Di Donfrancesco, member of Solvay’s executive committee.

“By combining SGL’s carbon fiber expertise in our newly developed, unique 50K IM fiber with Solvay’s resin formulation and aerospace market expertise, both partners are aiming to develop an advanced aerospace material system. This alliance supports our strategic direction and accelerates our growth in the attractive aerospace market,” said Dr. Michael Majerus, spokesman of the management board of SGL Carbon.

Composite materials for aerospace applications represent a multi-billion-dollar market that is expected to grow strongly in the coming decade. Solvay and SGL Carbon are uniquely positioned to develop solutions to address the needs of this market.

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Solvay SGL Carbon Carbonfaser
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SGL CARBON SE

(c) Eric RAZ, Airbus Helicopters
25.11.2019

SGL Carbon serially delivers composite materials for rotor blades to Airbus Helicopters

  • Glass fiber textiles for helicopter type H145
  • First ever material supply for primary structural components in the aerospace segment

Since August of this year, SGL Carbon delivers two special glass fiber textiles, so-called non-crimped fabrics, for the new version of helicopter model H145 from Airbus Helicopters. These materials are used in the new, especially efficient five-blade rotor. Developed in close collaboration with Airbus Helicopters, the material has been qualified for the application for the next years to come.  

  • Glass fiber textiles for helicopter type H145
  • First ever material supply for primary structural components in the aerospace segment

Since August of this year, SGL Carbon delivers two special glass fiber textiles, so-called non-crimped fabrics, for the new version of helicopter model H145 from Airbus Helicopters. These materials are used in the new, especially efficient five-blade rotor. Developed in close collaboration with Airbus Helicopters, the material has been qualified for the application for the next years to come.  

Thanks to their unidirectional fiber orientation, the fabrics are extremely resistant, providing optimal support for the new geometry of the especially long H145 rotor blades. The fabrics are manufactured at the SGL Carbon site in Willich near Düsseldorf in a multi-stage process and delivered to Airbus Helicopters in Paris.  

“The order emphasizes our growing presence in the aerospace business. With the fabrics for Airbus Helicopters, we have realized, qualified, and started serial production for a material concept for primary structural components for the first time,” underscores Dr. Andreas Erber, Head of the Aerospace segment in the business unit Composites – Fibers & Materials at SGL Carbon.

The current deliveries are part of a framework contract with Airbus Helicopters, intended to gradually intensify collaboration. Besides the current development of materials for helicopter components, Airbus Helicopters and SGL Carbon have worked together in the area of component material processing for Airbus group aircraft doors for years. In addition, Airbus and SGL Carbon are jointly involved in various associations and research projects in the area of components, such as Carbon Composites e.V.

 

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SGL Carbon
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SGL CARBON SE

05.11.2019

SGL Carbon increases group sales; recurring EBIT on the level of the prior year

  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite
  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to improve earnings of CFM
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: ”The structural growth drivers remain intact in our strategically relevant markets. The countermeasures to improve earnings of CFM will be implemented consistently.”

In the third quarter 2019, the business units of SGL Carbon developed very differently. While Graphite Materials & Systems (GMS) showed better than expected results, Composites – Fibers & Materials (CFM) deteriorated compared to the two previous quarters. This is attributable to the weaker development in the market segments Textile Fibers and Industrial Applications. In total, sales revenue in the first nine months 2019 grew by approximately 6 percent to reach 832 million euros. Recurring Group EBIT after nine months reached approximately 54 million euros. Adjusted for a positive one-time effect in the prior year, this was comparable to the prior year level.

In its ad-hoc notification of October 25, 2019, the company revised its guidance for recurring EBIT of CFM downwards to a negative mid to high single digit million euro amount. On the Group level the company now expects a recurring EBIT at 45 to 50 million euros. Due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications in the business unit CFM a non-cash impairment charge in the amount of approximately 75 million euros was recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler were not affected by this impairment. In addition, the impairment charge of CFM led to a valuation allowance on deferred tax assets in the amount of 7.4 million euros. Against this background, SGL Carbon now expects a net result of approximately minus 100 million euros for fiscal year 2019.

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SGL Carbon

25.10.2019

SGC Carbon SE: Update on the preliminary status of the new five-year plan;

Deterioration in market segments Textile Fibers and Industrial Applications in the business unit CFM will be counteracted with various measures; strategic growth markets remain intact

Deterioration in market segments Textile Fibers and Industrial Applications in the business unit CFM will be counteracted with various measures; strategic growth markets remain intact

  • Continued weakness in the business unit Composites – Fibers & Materials (CFM) in the final quarter of 2019 due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications leads to a guidance adjustment for the full year 2019
  • Earnings deterioration at CFM triggers an impairment testing; impairment charge will become necessary
  • Initial outlook for 2020
  • Comprehensive measures initiated to improve earnings of the CFM business unit
  • CFM strategic growth markets automotive and aerospace remain intact
  • Growth in higher-margin aerospace business to be accelerated

While the preliminary results for the first nine months 2019 remain, overall, within the scope of the full year outlook outlined in the ad-hoc notification of August 14, 2019 (preliminary 9M/2019 recurring EBIT: Group: approx. €54 million, CFM: approx. minus €2 million, GMS: approx. €71 million, Corporate: approx. minus €15 million), continued weakness is becoming apparent for the final quarter 2019 in the reporting segment Composites – Fibers & Materials (CFM). This is due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications.

SGL Carbon therefore now expects for the full year 2019 a recurring EBIT in the reporting segment CFM in a negative mid to high single digit million € amount (previous guidance: positive mid-single digit million € amount). This results in a Group recurring EBIT for the full year 2019 in the magnitude of €45 to 50 million (previous guidance: approx. €55 million).

The earnings deterioration at CFM triggers an impairment testing. Based on the preliminary status of the new five-year plan, a non-cash impairment charge of €70 to 80 million is becoming apparent in CFM mainly due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications. This impairment charge will be recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler are not affected by this impairment.

 

 

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SGL Carbon
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SGL Carbon SE

(c) SGL Carbon
Dr. Stephan Bühler
18.10.2019

Expansion of the Board of Management of SGL Carbon SE

On October 14, 2019, the Supervisory Board of SGL Carbon SE decided to appoint Dr. Stephan Bühler as an additional member to the Board of Management effective October 15, 2019. He will be responsible for Legal and Compliance.

Dr. Bühler is familiar with the Company, having been Head of Legal and Compliance for many years. He is therefore perfectly suited for his new role. He will assume this responsibility on a temporary basis until a new Chief Executive Officer has been appointed and taken office.

On October 14, 2019, the Supervisory Board of SGL Carbon SE decided to appoint Dr. Stephan Bühler as an additional member to the Board of Management effective October 15, 2019. He will be responsible for Legal and Compliance.

Dr. Bühler is familiar with the Company, having been Head of Legal and Compliance for many years. He is therefore perfectly suited for his new role. He will assume this responsibility on a temporary basis until a new Chief Executive Officer has been appointed and taken office.

Dr. Michael Majerus, who has been the sole member of the Board of Management of SGL Carbon SE since September 1, will run the Company as Spokesman of the Board of Management going forward.

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SGL Carbon

20th anniversary of the JEC Innovation Awards (c) GROUPE JEC - Thierry-Alain TRUONG
07.03.2018

20th anniversary of the JEC Innovation Awards

  • JEC Group pays tribute to the winners at JEC World 2018

The 2018 session of JEC World, the reference trade show organized by JEC Group, is in full swing and the focus is on innovation!

  • JEC Group pays tribute to the winners at JEC World 2018

The 2018 session of JEC World, the reference trade show organized by JEC Group, is in full swing and the focus is on innovation!
The JEC Innovation Awards ceremony, which took place on the Agora stage on Wednesday, March 7 at 5 pm, opened with a presentation by Yves Rossy, aircraft pilot and inventor of the first jet-powered wingpack. Then the jury revealed the names of the composite champions up for a JEC Innovation Award. Eleven winning innovations were chosen, out of the thirty finalists that had been previously selected from more than 100 applications from all over the world.

“JEC Group supports innovation. In 1998, it created the first award dedicated to composites, as a way to promote and reward the sector’s champions. Thanks to the work of JEC Group’s teams, the program has become an international benchmark. Each year, we receive more than a hundred applications from all over the world. Selection is now based on criteria like the level of involvement of the innovation’s partners in the value chain, the technical nature of the innovation, or its commercial applications,” explains JEC Group President & CEO Frédérique Mutel.
A new feature this year is that the jury revealed the winners during the ceremony, and the public could choose their favorite innovation before, during, and after the ceremony. So there is still time to vote! Votes are opened until Thursday March 8th, 5pm http://innovationawards.jec-world.events
Did you miss the ceremony?

11 AWARD WINNERS:
AEROSPACE APPLICATION

Winner:
AeroComposit, JSC (Russia) and its partner Solvay (United Kingdom)

  • Infusion technology for an aircraft wing

The use of infusion technology to manufacture primary structural components for an aircraft wing. The technology makes it possible to create extra-long, integrated composite structures with complex aerodynamic shapes.

AEROSPACE PROCESS 
2 tied winners!
Winner: Airbus (Germany) and its partners, BMW Group (Germany), Technical University of Munich (TUM) (Germany), Neue Materialien Bayreuth GmbH (Germany), Werkzeugbau Siegfried Hofmann GmbH (Germany), BASF SE (Germany), Foldcore GmbH (Germany), Neenah Filtration (Germany) and SGL Carbon GmbH (Germany)

  • Complex structural applications for MAI sandwich technology

Cost-effective production of a complex 2.5D structure made of thermoplastic composite sandwich, with very short cycle times: under 5 minutes for aerospace materials and 2.5 minutes for automotive materials.

Winner: M. Torres Diseños Industriales SAU (Spain)
Moldless process to manufacture one-piece parts
A new manufacturing process for oversized one-piece reinforced composite structures, without requiring the use of complete molds.

AUTOMOTIVE APPLICATION
Winner: Ford Werke GmbH (Germany) and its partners, Gestamp (United Kingdom), GRM Consulting (United Kingdom) and University of Warwick (United Kingdom)

  • Lightweight composite automotive suspension part

Structural suspension part made of lightweight composite, using a brand-new patented process for prepreg/SMC/steel overmolding that was designed using a new computer-aided engineering (CAE) technology.

AUTOMOTIVE PROCESS
Winner: Audi AG (Germany) and its partners, Voith Composites GmbH & Co. KG (Germany), Dow Automotive (Switzerland), and Zoltek Corp. (United States)

  • Series production of a rear panel module made of carbon composite

For the first time, the potential of carbon fiber reinforced plastics (CFRP) is used to full advantage in series production with a new rear panel module and cost-effective production technologies.

CONSTRUCTION & INFRASTRUCTURE
Winner: Komatsu Seiren Co., Ltd. (Japan) and its partners, Kanazawa Institute of Technology (Japan) and Nagase ChemteX Corporation (Japan)

  • Cabkoma cable made of CFRTP

Komatsu Seiren has developed a cable made of molded carbon fiber reinforced thermoplastic (CFRTP), using a very cost-effective process that consists in polymerizing a thermoplastic epoxy resin in situ.

MARINE
Winner: Uljanik JSC (Croatia)

  • Composite cargo decks for a vehicle carrier

On the SIEM Cicero, a vehicle carrier with a capacity of 7,000 vehicles, glass-fiber reinforced composites are used for a number of the structures for the cargo decks, thereby considerably reducing the ship’s weight, fuel consumption and CO2 emissions.

RAILWAY
Winner: ELG Carbon Fibre Ltd. (United Kingdom) and its partners, Alstom Transport (United Kingdom), Magma Structures (United Kingdom), the University of Birmingham (United Kingdom), and the University of Huddersfield (United Kingdom)

  • A bogie frame made of optimized lightweight carbon fiber

This project has developed the very first carbon-fiber bogie frame that uses a recycled material, making it possible to overcome the obstacles to a commercial adoption of this type of structure.

SPORTS & LEISURE
Winner: BMW Group (Germany) and its partners EDAG Engineering GmbH (Germany), KraussMaffei Technologies GmbH (Germany), Chr. Karl Siebenwurst GmbH & Co. KG (Germany), TUM-LCC (Germany), Automation W + R GmbH (Germany), and FHG-IGCV (Germany)

  • A modular construction system for the rear swing arm suspension of a motorcycle

A modular system to produce a complex-shape swing arm suspension reinforced with carbon fiber. The system can adjust the mechanical properties on a case-by-case basis, for a competitive cost and weight compared to metal solutions.

SMART CITIES
Winner: MC Materiales Compuestos (Argentina) and its partners, Plaquimet (Argentina), Purcom (Brazil), IS Groupe - Composite Integrity (France), and G12 Innovation (Brazil)

  • The Wet Core Pod composite housing module

The Wet Core Pod is a composite housing module with an industrialization potential that can facilitate the most complex, costly and difficult step in a construction project.

SUSTAINABLE DEVELOPMENT
Winner: Cetim-Cermat (France) and its partner, CETIM (France)

  • “3-in-1” line for producing recycled composites

A modular line that uses an innovative thermomechanical process to make large panels from recycled composites or plastics. The panels are then thermoformed into parts.
 

Source:

Dorothée David & Marion RISCH, Agence Apocope