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Trelleborg — Regulatory Filings 2009
Nov 16, 2009
2985_rns_2009-11-16_9e69f1f1-3061-48b0-909e-39fe08f92039.pdf
Regulatory Filings
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Press release Trelleborg, November 16, 2009
Trelleborg further strengthens presence in Brazil Inaugurates new plant for high-performance seals
Trelleborg continues its long-term strategy to invest in markets with favorable growth potential. The Group is now poised to further strengthen its presence in Brazil and will today inaugurate a new plant in São José dos Campos outside São Paulo. The facility manufactures high-performance seals for such items as aircraft and passenger cars, as well as for industrial applications. The plant is part of the Trelleborg Sealing Solutions business area and it will initially employ about 100 staff.
"We believe that Latin America has highly favorable long-term growth opportunities, and Brazil is one of the principal countries in the region," says Trelleborg's President and CEO Peter Nilsson. "Between the years 2005 and 2008, we doubled our sales in Brazil and it is our view that the overall potential in the area remains good."
"Demand for high-performance seals is favorable in many industries, such as the aviation and passenger car industries," says Claus Barsøe, Business Area President, Trelleborg Sealing Solutions. "In applications for biofuels for vehicles, we have, for example, developed seals that can be used in vehicles that use only ethanol and in vehicles that use both ethanol and gasoline. The development of these seals is a highly important step and means that we can now offer the global automotive industry, including the increasingly important automotive industry in Brazil, products and solutions that are unique in the market."
Trelleborg in Brazil. Trelleborg has two production units in Brazil, both in the region surrounding Sao Paolo. The facilities manufacture antivibration products for the automotive industry and highperformance seals, respectively, for the aerospace and passenger car industries, among others. Trelleborg has approximately 950 employees in Brazil and sales in 2008 amounted to about SEK 1.2 billion.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. We develop high-performance solutions that seal, damp and protect in demanding industrial environments. The Group had annual sales during 2008 of approximately SEK 31 billion, with about 20,000 employees in 44 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed in the OMX Nordic List, Large Cap. www.trelleborg.com.
For further information, please contact:
Media:
Vice President Media Relations Mikael Sjöblom, +46 410 67015, +46 733 74 70 15, [email protected] Investors/analysts:
Vice President IR Conny Torstensson, +46 410 67070, +46 734 087070, [email protected]
This is information of the type that Trelleborg AB (publ) is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on November 16, 2009 at 14:00 CET. ____________________________________________________________________________________________________________
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