01-21-2013 Joint Venture between SGL Group and Lindner Group for Graphite-based Green Air Conditioning starts up Joint venture will trade under the name SGL Lindner GmbH & Co. KGCompany formation announced at BAU 2013
Entire value chain for the global growth market for energy-efficient air conditioning in buildings to be offered
Wiesbaden/Arnstorf, January 21, 2013. The joint venture for green building air-conditioning technology between SGL Group The Carbon Company and the Lindner Group will start operations under the name SGL Lindner GmbH & Co. KG. Start up is subject to final approval of the relevant anti-trust authorities. Both companies announced the formation of the joint venture at BAU 2013, the international trade fair for construction and architecture in Munich. Dr Bernd Vogel and Manfred Werner will be the managing directors of the new company.
SGL Lindner GmbH & Co. KG, in which SGL Group holds a 51% stake and the Lindner Group 49%, will focus on the global growth market for energy efficient and environmentally friendly air conditioning in buildings. The joint venture will combine the materials expertise of SGL Group in the manufacture of the environmentally friendly graphite construction material ECOPHIT with the know-how of the Lindner Group in interior fit-out, facade construction and insulation engineering. The objective is to offer the entire value chain from basic materials, heating and cooling elements through to energy saving complete solutions for building temperature control.
The material ECOPHIT is manufactured from expanded natural graphite. It is extremely lightweight with excellent thermal conductivity. ECOPHIT products enhance heat transfer in heating and cooling applications. Energy savings of up to 40% can be achieved compared with standard air conditioning systems. In the future, these graphite materials will be used in cooling ceiling systems bearing the brand name ECOPHIT PLAFOTHERM.
ECOPHIT is a registered trademark of the SGL Group companies.
About the Lindner Group With sales of around EUR 850 million, the Lindner Group is one of Europe's leading specialists in interior fit-out, facade construction, and insulation engineering. The family company has almost 50 years of experience in building with new solutions, comprising the development and realization of individual and innovative project solutions. With its own comprehensive construction, planning, production, and construction site capacities, Lindner is able to carry out projects all over the world as a full-service provider. Control of the value chain and of the adaptability of the products used in interior fit-out and facade construction is decisive because in addition to the construction and refurbishment of office buildings, Lindner is also known for specialist projects such as airport terminals, train and subway stations, concert halls, and clean rooms. The realization of all projects of this kind presupposes a unique combination of cost-effectiveness, visual appeal, security, demanding day-to-day functionality, and ecologically oriented implementation. This is why, for many of our customers, the individual components are developed from scratch, produced, and installed according to the technical specifications of the project in question. Furthermore, as an industry specialist, above all in the field of environmental technology, Lindner's insulation technology for heating and cooling insulation as well as fireproofing and soundproofing is internationally renowned.
From its headquarters in Arnstorf, Bavaria, Lindner manages a global workforce of some 6,000 employees and operates over 50 subsidiaries and production sites in more than 20 countries. The majority of products we use in the marketplace, including facades, metal ceiling systems, flooring systems, wall systems, doors, and lighting, are manufactured in our own production centers.
Further information on the Lindner Group can be found online at:
www.Lindner-Group.com.
About SGL Group The Carbon Company SGL Group is one of the world's leading manufacturers of carbon-based products and materials. It has a comprehensive portfolio ranging from carbon and graphite products to carbon fibers and composites. SGL Group's core competencies are its expertise in high-temperature technology as well as its applications and engineering know-how gained over many years. These competencies enable the Company to make full use of its broad material base. SGL Group's carbon-based materials combine several unique properties such as very good electrical and thermal conductivity, heat and corrosion resistance as well as high mechanical strength combined with low weight. Due to industrialization in the growth regions of Asia and Latin America and increased substitution of traditional with innovative materials, there is a growing demand for SGL Group's high-performance materials and products. Products from SGL Group are used predominantly in the steel, aluminum, automotive and chemical industries as well as in the semiconductor, solar and LED sectors and in lithium-ion batteries. Carbon-based materials and products are also being used increasingly in the wind power, aerospace and defense industries.
With 48 production sites in Europe, North America and Asia as well as a service network covering more than 100 countries, SGL Group is a company with a global presence. In 2011, the Company's workforce of around 6,500 employees generated sales of 1,540 million. The Company's head office is located in Wiesbaden.
Further information on the SGL Group can be found online at: www.sglgroup.com
Important note: This press release may contain forward-looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward-looking statem
