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NORMA Group SE
Business and Financial Review • Nov 15, 2018
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Business and Financial Review
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Corporate | 15 November 2018 09:51
NORMA Group wins orders for exhaust gas treatment for trucks in China
DGAP-News: NORMA Group SE / Key word(s): Miscellaneous
15.11.2018 / 09:51
The issuer is solely responsible for the content of this announcement.
NORMA Group wins orders for exhaust gas treatment for trucks in China
– Up to 1.8 million vehicles to be equipped by 2025
– NORMA Group supports customers in reducing environmentally harmful emissions
– Asia has been a strong growth region for the company for years
Maintal, Germany, November 15, 2018 – Starting in July 2019, NORMA Group will supply urea transport systems and exhaust gas clamps to several leading Chinese commercial vehicle manufacturers as part of four orders. On average, about 300,000 diesel vehicles are equipped each year over a six-year period until 2025. The products help to reduce vehicle emissions and help customers comply with the China 6 legal emissions standard, which will come into force in 2020.
“Stricter emission standards call for ever more complex exhaust aftertreatment systems – worldwide,” says Bernd Kleinhens, CEO of NORMA Group. “These orders prove that our product solutions are well established in the rapidly growing Chinese market. Together with our customers, we can make a contribution to effectively reducing environmentally harmful emissions.”
Urea solution is injected into the exhaust tract of diesel vehicles using NORMA Group’s urea transport systems (UTS). During exhaust gas purification, or selective catalytic reduction , harmful nitrogen oxides (NOx) and ammonia are broken down into the harmless substances of water and nitrogen. The robust AccuLock exhaust pipe clamp is specially designed for joining in the exhaust tract. Thanks to its low weight and space-saving geometry, it is significantly more flexible in the assembly process than conventional flange connections. It also has particularly low leakage rates, which is essential for car manufacturers to achieve the stringent emissions regulations in the various countries worldwide.
The product solutions are produced at the NORMA Group plants in Qingdao and Changzhou, China. Apart from these two plants, NORMA Group has two further production facilities in China, in Wuxi and Shaoxing.
“Thanks to our consistent localization strategy, we are close to our customers in the dynamic Asian market, support them in product development and have short delivery times,” says Kleinhens. “We have achieved consistently high sales growth in the Asia-Pacific region for years and will continue to advance our activities in this important future market.” From January to September 2018, NORMA Group sales in the region rose by 26.5 percent year-on-year to EUR 107.2 million.
Two press photos are available for download in high resolution here .
Additional information on the company is available at www.normagroup.com . More press photos are available from our platform on www.normagroup.com/images .
Contact
NORMA Group SE
Daphne Recker
Group Communications
E-Mail: [email protected]
Tel.: +49 (0)6181 – 6102 743
NORMA Group is an international market and technology leader in engineered joining technology (joining, connecting and fluid handling technology). The company manufactures a wide range of innovative connecting solutions and water management technology offering more than 40,000 products to customers in 100 countries with around 9,100 employees. NORMA Group helps its customers and business partners react to global challenges such as climate change and increasing scarcity of resources. NORMA Group joining products can be found in vehicles and trains, ships and aircraft, buildings and water management as well as in applications for the pharmaceutical and biotechnology industry. The company generated sales of around EUR 1.02 billion in 2017. NORMA Group operates a global network of 30 production facilities as well as numerous sales and distribution sites across Europe, the Americas, and Asia-Pacific. NORMA Group has its headquarters in Maintal, Germany. NORMA Group SE is listed on the German stock exchange (Prime Standard) and included in the MDAX index.
15.11.2018 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.
Archive at www.dgap.de
| Language: | English |
| Company: | NORMA Group SE |
| Edisonstr. 4 | |
| 63477 Maintal | |
| Germany | |
| Phone: | +49 6181 6102 741 |
| Fax: | +49 6181 6102 7641 |
| E-mail: | [email protected] |
| Internet: | www.normagroup.com |
| ISIN: | DE000A1H8BV3 |
| WKN: | A1H8BV |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |