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Sioen further improves production process in 2007

07
Apr '08
Sioen Industries n.v. announced the results for 2007. COATING DIVISION (excluding costs not allocated to the divisions, with the exception of chemicals) Given its size and importance, the chemicals division has, since 1 January 2007, formed a fourth division within Sioen Industries. The 2006 results of the Coating Division have therefore been restated to permit comparison with 2007.

The coating division specializes in the integrated coating of technical textile, of which it masters the entire production process from the extrusion of the yarn (spinning), to weaving the technical fabric and to coating with various polymers. The group is the only player in the world with full proficiency in five different coating techniques, each with its specific products and applications:
- Direct coating : Booming activity in the transportation sector and the related demand for trailers made 2007 a top year. For the direct coating product line this gave attractive growth figures in terms of both volume and sales, with production facilities operating at near 100% capacity.
- Online coating : A strong 2006 was followed by another record year in 2007. To meet demand for open structure fabrics (reinforcement nets, windbreak nets, geotextiles) we will be doubling our capacity in mid-2008 (building of new production hall started at the end of 2007). With the sharp rise in oil prices, our range of reinforcement nets for PVC roof coverings are becoming a popular alternative to bitumen.


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