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NORMA Group SE — Earnings Release 2014
May 28, 2014
311_rns_2014-05-28_ead1a0d2-15b5-4fbf-a6c6-4983f03826ad.html
Earnings Release
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Media | 28 May 2014 09:24
NORMA Group obtains large orders: Second generation of fluid pipes gains momentum
(DGAP-Media / 28.05.2014 / 09:24)
NORMA Group obtains large orders: Second generation of fluid pipes gains momentum
Maintal, Germany, 28 Mai 2014 – NORMA Group, a global market and technology leader for engineered joining technology, has obtained large orders for the second-generation of NORMAFLEX fluid pipes from European manufacturers of passenger cars and commercial vehicles. NORMA Group will commence the production in its Subotica site in Serbia in 2016 and in its Monterrey, Mexico, manufacturing plant in 2017. The overall volume amounts to about 400.000 heated NORMAFLEX Urea pipes per year until 2026.
The orders reflect the rising demand for Urea fluid lines resulting from the introduction of the Euro 6 emissions standard in Europe and the EAP 15 standard in the NAFTA area (North American Free Trade Area). “We are committed to anticipating future demands and to constantly improving our product solutions accordingly,” says Bernd Kleinhens, board member Business Development at NORMA Group. “Our latest generation of Urea lines is an example of our commitment and the large orders show the growing demand for our innovative technology among our customers.”
NORMA Group’s heated thermoplastic pipes are an integral part of the “Selective Catalytic Reduction” (SCR) technology used to reduce nitrogen oxide emissions. To unfreeze the Urea fluid and keeping it liquid while driving, the second generation of NORMAFLEX Urea lines has the heating rod inside the Urea fluid instead of having it wrapped around the tube. This design enhances the heat efficiency, which goes directly into the medium and helps to reduce the amount of electrical power used. In addition, the system is weight-optimised due to specialised plastic materials used, contributing further to reducing the overall weight of the vehicle.
Additional information on the company is available on www.normagroup.com . To download press pictures, please visit www.normagroup.com/press pictures .
Contact
NORMA Group SE
Daphne Recker
Media Relations
E-mail: [email protected]
Tel: +49 (0)6181 – 6102 743
About NORMA Group
NORMA Group is an international market and technology leader in engineered joining technology. The company manufactures a wide range of innovative joining technology solutions in three product categories (clamp, connect and fluid) and offers more than 30,000 high-quality products and solutions to around 10,000 customers in 100 countries. NORMA Group joining products can be found in vehicles, ships, trains, aircraft, domestic appliances, engines and plumbing systems as well as in applications for the pharmaceutical and biotechnology industry. The company generated sales of around EUR 636 million in 2013. With around 5,000 employees, NORMA Group operates a global network of 21 production facilities as well as numerous sales and distribution sites across Europe, the Americas, and Asia-Pacific. The company has its headquarters in Maintal near Frankfurt am Main, Germany. NORMA Group was formed in 2006 as a result of the merger between the German Rasmussen Group and the Swedish ABA Group. Since April 2011, NORMA Group is listed on the German stock exchange and included in the MDAX index since March 2013.
End of Media Release
Issuer: NORMA Group SE
Key word(s): Enterprise
28.05.2014 Dissemination of a Press Release, transmitted by DGAP – a company of EQS Group AG.
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| Language: | English |
| Company: | NORMA Group SE |
| Edisonstr. 4 | |
| 63477 Maintal | |
| Germany | |
| Phone: | +49 (0)6181-6102-741 |
| Fax: | +49 (0)6181-6102-7641 |
| E-mail: | [email protected] |
| Internet: | www.normagroup.com |
| ISIN: | DE000A1H8BV3 |
| WKN: | A1H8BV |
| Indices: | MDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP-Media |
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| 270921 28.05.2014 |