September 29, 2016 7:40 AM ET

Chemicals

Company Overview of Röchling SE & Co. KG

Company Overview

Röchling SE & Co. KG, together with its subsidiaries, manufactures and supplies high-performance, automotive, and technical plastic parts. The company’s high-performance plastic products include a range of semi-finished products, profiles, and finished parts of various materials; machined components made of thermoplastics and composites; and glass fiber reinforced plastics, laminated densified wood, and pressboard. Its automotive plastic products comprise system solutions, components, and modules, such as aerodynamics and thermal encapsulation products, underbody systems, and engine and fluid systems for the automotive industry; and injection molded technical parts include 2-component-parts,...

Richard-Wagner-Str. 9

Mannheim,  68165

Germany

Founded in 1822

Phone:

49 621 4402 0

Fax:

49 621 4402 284

Key Executives for Röchling SE & Co. KG

Chief Executive Officer, Chief Operating Officer, Member of Management Board and Chief Executive Officer of High-Performance Plastics Division
Age: 63
Member of Management Board and Chief Executive Officer of Röchling Automotive
Age: 57
Member of Management Board and President of Röchling Engineered Plastics - North America
Age: 56
Executive Vice President of Röchling Automotive - Europe South and Member of Management Board
Age: 54
Member of Management Board, Chief Financial Officer of Röchling Automotive and Executive Vice President of Röchling Automotive
Age: 52
Compensation as of Fiscal Year 2016.

Röchling SE & Co. KG Key Developments

Röchling Group Invests €35 Million in Thuringia

The Röchling Group is investing €35 million in its Neuhaus am Rennweg plant, creating some 70 new jobs. This will enable a significant expansion in the production capacities of Röchling-HPT Hochwertige Pharmatechnik GmbH & Co. KG, giving a considerable boost to the market position of the specialist in the manufacture of primary packaging for the pharmaceutical and diagnostic industry. In making this investment, the international Röchling Group, is continuing its strategic expansion in pharmaceutical and medical technology and safeguarding long-term growth at the site in Thuringia. The investment is planned in three phases, the first beginning with the expansion of the existing production building. That will create space for the products of the new injection moulding and assembly facility for closures and administration devices in the GMP class C clean room. The existing extrusion blow moulding line in the GMP class D/C clean room will also be expanded. Clean room is the name given to a closed production area in which the concentrations of particles and microorganisms in the air are controlled. The controlled environment makes it possible to manufacture pharmaceutical primary packaging systems and medical devices meeting the most stringent requirements on purity and quality. Methods of controlling the number of particles include, for instance, extensive ventilation and filter systems, specially directed air flows, structural elements such as air showers and special clean room work clothing. A new four-storey office building with social wing will be built in 2019. The production of closures and administration devices will be expanded with the addition of several injection moulding machines, automatic assembly systems and extrusion blow moulding lines. A further increase in production capacities for closures and administration devices and an expansion of the office building are planned by 2023. Some 30 additional jobs will have been created by the end of the first investment phase in mid-2018. The first ten employees for these new positions have already been recruited and undergone an intensive training programme. A further 40 jobs will be created successively from 2019, giving Röchling-HPT a total workforce of around 350 in Neuhaus in 2023. After the first investment phase the focus of requirements will shift to machine operators and manual workers for packaging. The new staff will be given training in their responsible activities in a broad-based programme delivered in the specially designed training centre. To enable the planned increase in capacity to be achieved, highly qualified specialists and managers will also be required in the product development, production, sales and quality assurance departments.

Röchling SE and Co. KG Announces Executive Changes

Röchling SE and Co. KG announced that Ludger Bartels will become the new CEO at the Röchling plastics specialist. As of June 1, 2016, he will take over the position of CEO from Georg Duffner, who is retiring after many successful years as planned on May 31. Bartels, 62, has worked at the Röchling Group for almost 40 years and, since 2007, has been the second member of the Executive Board together with Duffner.

Röchling SE & Co. KG Announces Earnings Results for the Quarter of 2015

Röchling SE & Co. KG announced earnings results for the quarter of 2015. For the first quarter, compared to the previous years first quarter, the group increased sales 11.9% in the to EUR 378.2 million. EBIT was up 14.3% to EUR 102.9 million. Investments in tangible assets dropped slightly by EUR 5.1 million to EUR 72.8 million.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 10, 2016
80,000 Sqm Site at Schleissheimer Strasse 100
 

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