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POLYTEC WORLD 02/15 - DECEMBER 2015

LEADERSHIP PRINCIPLESPOLYTEC corporate culture and leadership

understanding in a nutshell, page 6

SERIAL SUCCESSInnovative VICS material is used in

the Jaguar F-type AWD, page 19

FEATHERWEIGHTPUR RRIM Lightweight rear bumpers

exceed all expectations, page 20

A NON-AUTOMOTIVE PROJECT AT THE EBENSEE PLANT BEARS FRUIT page 10

ALL LIGHTS AT GREEN! A NON-AUTOMOTIVE PROJECT AT THE EBENSEE PLANT BEARS FRUIT page 10

ALL LIGHTS AT GREEN!

© IFCO

All lights at green! With this positive headline, we wish to wel-come our esteemed POLYTEC WORLD readers to this year’s final issue of our company journal, while at the same time presenting an extremely interesting reference project from our non-auto-motive segment. We have made a multimillion investment at our production plant in Ebensee (Austria) for the fully automatic pro-duction of green and black, returnable transport boxes for our customer IFCO. In future, when running at full capacity, the plant will turn out an average of one plastic box every two seconds.

Since July 2015, POLYTEC TOOLING has augmented our group portfolio with its vast expertise in the field of tool development and production, and we have reports on both this company and the progress being made with regard to the construction of our new plant in Tianjin, China. Spring 2016 will see the begin of serial production of transmission oil pans in the People’s Republic, thereby echoing the success along the entire value added chain achieved by our plant in Lohne, Germany, which started produc-tion in May 2015. You can follow this project from pre-develop-ment to logistics on pages 22-23.

Furthermore, we are also proud of the fact that in this edition we can showcase two projects, in the course of which our own material developments have attained serial production maturity. The first of these is PUR RRIM Lightweight, an innovative mate-rial that has enabled a 23 per cent cut in the weight of the rear bumper of the new Porsche GT3 RS. The second is VICS, an intel-ligent fibre compound combination, which is being used for the hybrid underbody of the Jaguar F-Type AWD in order to provide a significant increase in mechanical capacity in combination with low weight.

Our everyday working activities are characterised by many other exciting projects. Accordingly, I am already looking forward to presenting them to you in upcoming editions of POLYTEC WORLD and would like to also take this opportunity to wish you a joyous and restful festive season, and a positive start to the New Year.

Yours sincerely,

FRIEDRICH HUEMER, CEO

Alice Godderidge, CSO

“From the initial idea to just-in-sequence delivery, we create carefully thought-out solutions that generate new perspectives and help our customers to move forwards.”

Highlights

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The new POLYTEC Leadership Principles define our holistic understanding of management.

Introducing . . . A NON-AUTOMOTIVE PROJECT

CREATES FRESH DRIVE!

Cover Story . . . ALL LIGHTS AT GREEN!The international logistics pro-vider IFCO underlines its trust in POLYTEC’s non-automotive competence by awarding the group with an order for the production of a new box generation.

INSPIRATION BEATS PERSPIRATIONA technological quantum leap: Innovative parts made from TECTHAN® polyurethane are heat-resistant up to 150°C.

A SUCCESS STORY TURNS INTO SERIAL PRODUCTION

CARS CAN BE EVEN LIGHTER!The PUR RRIM Lightweight material innovation furnishes a weight reduction of around 23 per cent in case of the rear bumper of the new Porsche 911 GT3 RS.

Passion creates . . .A MAJOR STEP TOWARDS THE ENGINE COMPARTMENT OF TOMORROWPOLYTEC develops a corrosion-free plastic transmission oil pan with an integrated oil drain plug and screw points for the oil cooler.

POLYTEC AT THE IAA 2015: WELCOME TO THE SOUND OF SILENCE

FROM MANAGEMENT ON PAPER, TO LEADERSHIP IN ACTION

0302 PASSION CREATES INNOVATION

The tool making company based in Thannhausen in Bavaria, which has now become part of the POLYTEC GROUP, was founded in 1960 and since 1983 has had a particular focus on the pro-duction of high-tech, injection mould-ing tools. On July 1st 2015, the tool specialist commenced operations under the name POLYTEC TOOLING GmbH & Co. KG and now greatly enriches the scope of group value added.

Markus Huemer, the POLYTEC GROUP’s dep-uty chairperson and COO explains the back-ground to the takeover as follows: “Tool construction and production influence the competitiveness of our components and therefore tool design know-how is of major importance. The take-over has bolstered our internal resources and we have obtained experienced personnel. Moreover, the share of in-house production and the protection of intellectual property have both been strengthened. As a consequence, we have extended our value added as a sizeable con-tribution to the development and manu-facture of increasingly complex product solutions. Accordingly, the modification and expansion of current production capacity is planned in line with our needs.”

TOOL MAKING IS A CORE COMPETENCEApart from individual consulting regard-ing optimum tool construction, POLYTEC TOOLING’s core competences include the development and production of top quality prototypes and reliable, serial processing

tools for technically demanding automo-tive components. The bulk of the compa-ny’s sales revenues (2014: approximately EUR 3.6 million) derives from one- and two-component injection moulding tools. Among the highlights are moulds for intake manifolds, water boxes and air duct parts employing 2C technology, which involves the use of turning, turntable and index plate techniques. In addition to aluminium, pre-series tools, steel is the primary mate-rial utilised in production. Foam tools for PUR-RRIM production processes also round off the POLYTEC TOOLING product portfo-lio to perfection.

Stefan Lewald, the POLYTEC TOOLING Plant Manager: “My team of 25 and I are all pleased to be new members of the POLYTEC GROUP. With our extensive range of expe-rience in the tool making sector, we aug-ment the group’s portfolio to perfection. The planned investments will also serve to further supplement our competences, which allows us to look forward with motivation to a shared, successful future.”

THE STATUS QUO IN CHINA

TOOL MAKING KNOW-HOW WITH A PLUSAdMOULd HAS BECOME POLYTEC TOOLING THUS PROVIdING A SIGNIFICANT INCREASE IN THE dEPTH OF GROUP VALUE AddEd

STRUCTURAL CHALLENGESThe extremely ambitious schedule leading up to the SOP of the first two projects in spring 2016 required a highly efficient construction phase if the plant were to be occupied in November 2015. Following a time-consum-ing audit, efficient local partners were taken on board. Bencer assumed the project man-agement, which was planned down to the minutest detail, and the general contractor S+E took over the building work.

The loose alluvial soil that is typical of the area around Tianjin represented an addi-tional challenge for the entire team and in order to achieve the required floor load bear-ing capacity of 3,000 kg/m2, the POLYTEC plant stands on 123 piles, which are all anchored in the ground at a depth of 16m.

Moreover, not only are the piles integrated under the floor plate, but also a water tank with a volume of 10,000 m3, which in future will

feed the sprinkler system from below and thus provide modern fire protection in the plant.

FULLY EQUIPPEDA total of five, fully electric injection mould-ing machines with a clamping force of 80t to 450t and the related automation technol-ogy will be installed in the plant by the end of this year and prepared for the SOP and annual output of 480,000 transmission oil pans and 550,000 oil separators.

In the meantime, the core POLYTEC AUTO PARTS Tianjin team consisting of a plant manager, managerial assistant, tool engineer and a key account manager has been aug-mented with a quality and a logistics man-ager. In addition, two experienced expats from our injection moulding plant in Lohne (Germany) are looking after the tool tech-nology and mechatronics areas, and train-ing local employees on the spot in order to ensure smooth production procedures.

Apart from the two projects in the run-up phase, in future it is planned that Tianjin will manufacture intake manifolds and cylinder head covers. In the medium-term, the pro-duction of non-automotive components and high-tech, engine compartment parts for the Integrated Acoustic Solutions product area is also foreseen.

LONG-TERM COMMITMENTThe architectural design of the newly constructed, value retaining building is based on the best practice example of the POLYTEC plant in Wolmirstedt, Germany. The hall, office, engineering and production facilities have been planned using a mod-ular system, which is capable of accom-modating future expansion. Furthermore, POLYTEC also has the option of doubling the area of its site in Tianjin to a total of 24,000 m2 at any time.

THE NEW POLYTEC PLANT IN THE PEOPLE’S REPUBLIC IS GETTING REAdY FOR SERIAL PROdUCTION

Following complex approval processes in connection with environmental technology and fire protection, land purchase and certification, the construction of the new production plant commenced in spring 2015 on the 12,000 m2-site in the TEDA West industrial park in Tianjin.

KARIN WEILCH, HöRSCHING, AUSTRIA

ERWIN REINEKE, TIANJIN, CHINA

A new plant emerges: construction work insights

The serial production of high-tech injection moulded solutions will start at POLYTEC’s Chinese plant

in the spring of 2016

The development and production of technically demanding tools for numerous plastics technologies under one roof

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FROM MANAGEMENT ON PAPER TO LEAdERSHIP IN ACTIONCORPORATE CULTURE TAKES THE LEAd – THE NEW POLYTEC LEADERsHIP PRINCIPLEs dEFINE A HOLISTIC UNdERSTANdING OF MANAGEMENT

RALPH AMORY, PUTTE, NETHERLANDS “I am proud when my employees grow into their tasks. Therefore, I also entrust them with projects that present new challenges. We all thus develop further in the interests of the company.”

HELEN ESDERS, LOHNE IN GERMANY“Trust is one of the most important elements in dealings with my employees. I value the diversity in my team and allot time to each of its individual members.”

dANIEL LEHNER, HöRSCHING, AUSTRIA

A detailed explanation of our new leadership principles is available at www.polytec-group.com/en/Career

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I lead every employee within an individual and situational context.

I listen to my employees and create confidence.

I take time for my leading assignments.

I give my employees orientation, advice and support.

I TREAT EVERYONE AS AN INdIVIdUAL. I support my employees in their development, as this

is the only way that I can also be successful.

I entrust my employees with demanding assignments.

I systematically demand the fulfilment of the agreed targets and discipline.

I do not accept reverse delegation.

I ENCOURAGE ANd EXPECT.

The POLYTEC GROUP is constantly devel-oping, but irrespective of the resultant changes, it always remains true to its PASSION CREATES INNOVATION motto. Passion is our driving force and innova-tive solutions emanate from the innovative thinking of our workforce.

Therefore, in order to retain the services of qualified employees in the long-term and thus be well prepared to deal with the challenges of the future, it is vital that we

offer attractive perspectives, support and optimum leader ship. However, what does management mean? And what core top-ics are especially important for us at POLYTEC? These central issues have led us to a new and uniform understanding of management, which is encapsulated by the POLYTEC Leadership Principles.

Employees using their own initiative in an organisation with a culture of open dialogue, the ongoing advancement of personnel

through target-oriented assignments and the systematic demand for performance play a major role in this connection.

In the practice-related POLYTEC Leader-ship Academy, which represents a mod-ular training programme for managerial staff and since July 2015 has been running throughout the group with the support of the Institut für Führung, the focus is on the active implementation of these principles during day-to-day managerial activities.

FERAMUZ TOPKAYA, GOCHSHEIM, GERMANY“For me, leadership is not merely the delegation of tasks. I am far more concerned with looking after my employees in a proactive

manner and pursuing objectives with them. When we achieve these targets, then I know that I have acted correctly.”

NICK MUNSTER, BROMYARD, UK“By taking initiative and making quick decisions daily, I am able to shape the future of our company, and this spurs me on

to do even more improvements. This passion is the driving force that lead us to innovation and success.”

I set and communicate ambitious but attainable targets for both my employees and myself.

I provide my employees with daily feedback.

I also accept feedback and am self-critical.

I accept mistakes when these lead to learning.

I make decisions.

I use my own initiative and expect the same from my employees.

I create room for innovation.

I behave in exactly the manner that I expect from my employees.

I AM AN ENTREPRENEUR. I LEAd FROM THE FRONT.


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POLYTEC PLASTICS Ebensee

Amsterdam Berlin

Vienna

Prague

Munich

London

A NON-AUTOMOTIVE PROJECT CREATES FRESH dRIVE!

The location in Upper Austria’s salzkammergut region with its roughly 190 employees and 54.000 m2 of floor space has been part of the POLYTEC GROUP since 2011. Originally the plant focused on the production of leisure furniture and logistics boxes, but in recent years it has become increasingly involved in the coverage of the existing capacity requirements of the PLAsTICs business unit with injection moulded, automotive components. It has thus moved closer to achieving the future aim of being responsible for the production of complex, injection-moulded items for both the automotive and non-automotive sectors. In line with this aim, the production location has recently been further upgraded for a far-reaching, non-automotive project involving the manufacture of a new generation of ten types of returnable transport containers for fruit and vegetables.

Friedrich Huemer, the POLYTEC GROUP CEO: “All the parties involved profited from this type of comprehensive and open partner-ship, which in recent years had been encour-aged by the network of the Confederation of Upper Austrian Industry. We are delighted to have been able to cooperate with two reli-able, local partners on this new contract, especially as this enabled us to use short logistical and communication routes in order to push ahead efficiently with this important non-automotive project.”

MAJOR CONSOLIDATION OF THE EBENSEE PRODUCTION LOCATIONThese opinions are confirmed by Markus Huemer, the POLYTEC GROUP’s COO: “Owing to its historical character as a non-automo-tive location, Ebensee offers free space that at other facilities one would have had to cre-ate. Moreover, the geographical proximity to our Bavarian customer and not least the avail-able production infrastructure predestined the plant for this level of output. A solid basis for the strengthening of the location was also provided by the close cooperation with the local works council. Accordingly, in combina-tion with existing automotive business, the plant’s existence is secured in the long-term.”

POLYTEC GROUP INVESTMENTS IN THE EBENSEE LOCATIONIFCO, the Germany-based supplier of international logistics services is a long-term POLYTEC customer, and earlier this year it reaffirmed its confidence in the group’s non-automotive competence by

awarding the Ebensee location a contract for the production of a new box generation (pleases see the following double pages for details). In response, POLYTEC has invested in nine new injection moulding machines and high-end automation technology for a total of fourteen production lines. This

will mean that in future, when working at full capacity the Ebensee location will turn out an average of one plastic box every two seconds. The production of the individual tools for the new machines commenced in August 2015.

WHETHER FOR THE INTERIOR, EXTE-RIOR OR POWER TRAIN, AUTOMO-TIVE PART BUSINESS REMAINS AN IMPORTANT VALUE ADDED MOTORIrrespective of all these new developments, Ebensee will continue to maintain its proven production of injection moulded automotive components. For example, some 400,000 tailgate trims are manufactured annually in the Salzkammergut for the Audi A3, Q5 and A4 Avant models.

Furthermore, various types of covers for BMW and Audi engines are also in produc-tion in Ebensee and additional automotive projects are in the planning phase.

Accelerating towards greater balance Automotive production competence as

demonstrated by tailgate and engine covers

In troducing .. .

The Ebensee location in Austria

THE POLYTEC GROUP HAS MAdE A MULTIMILLION INVESTMENT IN ITS EBENSEE LOCATION IN A MOVE THAT SIGNIFICANTLY INCREASES ITS NON-AUTOMOTIVE BUSINESS


Combined value added! Apart from complex, automotive components, the POLYTEC plant in Ebensee is now manufacturing returnable transport containers in a highly automated process

REALISATION WITH REGIONAL PARTNERSImmense time pressure and the highly com-plex production lines confronted POLYTEC with a major challenge, which was mastered with the help of strong, regional partners.ENGEL from Schwertberg in Upper Austria, the global injection moulding technology market leader, assumed responsibility for the new production machinery and part of the automation. In addition, POLYTEC suc-ceeded in obtaining the services of another highly qualified Upper Austrian partner for the project in the shape of the tool mak-ing and automation specialist HAIDLMAIR from Nußbach.


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ALL LIGHTS AT GREEN!Cover Story

A NON-AUTOMOTIVE PROJECT AT THE EBENSEE PLANT BEARS FRUIT

IFCO, the Germany-based supplier of international logistics services and returnable transport containers, is a long-term POLYTEC customer and has underlined its trust in the group’s non-automotive competence by awarding the PLAsTICs business unit’s location in Ebensee with an order for the production of a new box generation called GREEN LIFT LOCK. The boxes are to be used to carry fruit and vegetables from the producer to the consumer markets.

© IFCO


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In roughly four months from the allocation of the contract, a multi-million investment was implemented at the Ebensee plant and the production facilities modified to accommo-date the highly automated manufacture of the plastic boxes. The returnable containers are made from tough plastic and with regard to durability and cost efficiency are virtually unsurpassable. This reusable packing system can be fully recycled, offers hygienic and safe protection for the fresh goods and reduces storage demands through simple and secure stacking.

The signal green and black boxes are pro-duced in ten variations with various base areas and heights for loads of 5 to 20 kg. Each of the differing box types has seven

parts (floor, 4 sides, 2 handles) and in future the assembly of these components, the printing, labelling and subsequent stacking of the boxes will take place fully automat-ically on fourteen production lines. Initial, semi-automatic manufacturing commenced in August 2015.

PRODUCTION LOCATION PREPARATIONSIn order to create the ideal preconditions for the new order, the hall floor in the future pro-duction area was completely renovated. This involved the tricky problem of maintaining existing production with uniform high qual-ity, while the existing injection moulding machines were adjusted and structural alter-ations were undertaken.

In addition to the moving of the tool mak-ing and maintenance departments, mas-sive infrastructural adjustments were made, which ranged from the flow of materials and power to the injection moulding machines, to tool cooling and the suitable compressed air supply. For example, in order to secure a suitable level of cooling in future, a new well was bored and a large part of the water sup-ply system including pumps, heat exchangers, controls and piping was renewed.

ONE FOR THE RECORD BOOKS - A PRODUCTION START IN 13 WEEKS!During semi-automatic production, the boxes are assembled and stacked manually, while printing and labelling is already auto-matic. The start-up of the first semi-auto-matic machines and the delivery of the first boxes took place in mid-August, only thirteen weeks after the contractual allocation.

Serial output using the first fully automatic line followed at the end of November and subsequently one additional, fully auto-mated line will start production every week. By mid-March 2016, the returnable boxes will be produced fully automatically on a total of fourteen lines.

Competent, on the spot project management: Production Manager Mohammed Yelec with Project Manager Günter Stieger and Thomas Egelkraut, the Ebensee Plant Manager (from l. to r.)

Cover Story

THOMAS EGELKRAUT, EBENSEE, AUSTRIA

Newly designed surroundings with high-end automation technology for

a total of 14 production lines

Newly designed surroundings with high-end automation technology for

a total of 14 production lines

IFCO RETURNABLE CONTAINERS

SOP August 2015

Technology Injection moulding

Location Ebensee, Austria

Progress live: time lapse changes at the Ebensee location

© IFCO

A robot removes seven components simultaneously from the injection moulding machine. In future, the parts will be assembled fully automatically, labelled with an individual code and printed, prior to be made ready for further transport in space-saving stacks.

SEMI-AUTOMATIC RETURNABLE BOX PRODUCTION IN OVERVIEWOnce full industrialisation has been com-pleted, when running at full capacity the plant will manufacture an average of one plastic box every two seconds.

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For you to pull out!

INTERIM REPORTQ3 2015GROUP RESULTS

During the first nine months of 2015, the consolidated sales revenues of the POLYTEC GROUP rose by 30.5% to EUR 465.5 mil-lion. This figure includes an earnings con-tribution of approximately EUR 82.3 million from the two Dutch plants in Roosendaal and Putte acquired at the end of November 2014. If this acquisitive effect is excluded, organic sales growth of EUR 26.6 million or 7.5% results. In the third quarter, this was

again driven in particular by the marked rise in sales of passenger cars in the small series segment.

Group EBIT was almost doubled in the first nine months of 2015 to EUR 26.7 million. In addition to the earnings contribution from the locations in the Netherlands, the acqui-sition of the property portfolio with a value of EUR 4.7 million previously held by Huemer

Holding GmbH had a positive impact on the operating result.

In the first nine months of 2015, the EBIT margin amounted to 5.7% (Q1-Q3 2014: 3.8%). The EBIT margin in the third quar-ter totalled 5.5%. As compared to last year, this represents an improvement of 1.7 per-centage points. As a result of a fall in prices, the material cost ratio fell by 1.9 percentage points to 47.9%.

The financial result amounted to EUR -3.1 million (Q1-Q3 2014: EUR -0.8 million). This change was due largely to the inter-est expense derived from the promissory note issued at the end of September 2014. The POLYTEC GROUP’s tax rate at the end of the third quarter of 2015 stood at 23.8%. The group’s tax rate for the whole of 2014 came to 24.9%. In the first nine months of 2015, the group generated a net profit of 18.0 million (Q1-Q3 2014: EUR 10.0 million). This corresponds with earnings per share of EUR 0.80 (Q1-Q3 2014: EUR 0.43).

Comparision of the group sales and EBIT margin in the previous four quarters with Q3 2015

Work started immediately on the construc-tion of a special jig for the simulation of the desired temperature and pressure loads, and thus the creation of a reliable testing envi-ronment. At the same time, in a move paral-lel to the development and testing phase at POLYTEC ELASTOFORM in Marchtrenk, field testing was initiated at a leading steel man-ufacturer and logistics company.

WHY STORE COILS WEIGHING TONNES ON PLASTIC PARTS?In the case of both high-quality, steel sheet for the automotive industry and alumin-ium sheet, it is essential that the raw mate-rial remains unblemished. Every metre that cannot be used for the finished product due to indentations caused by incorrect storage represents a serious loss. Moreover, when an aluminium coil is stored on an under-lay of the same material, it is frequently the case that the first fifteen windings are unsuitable for the manufacturing process. With a diameter of up to 2,400 mm, this constitutes material wastage of over 100 m.

Conversely, storage on mats made from TECTHAN® polyurethane reduces these losses to a minimum.

In recent years, POLYTEC INDUSTRIAL has completed numerous successful projects that assist the correct storage and safe

transport of coils. For example, the use of TECTHAN® polyurethane prevents abrasive corrosion and thus protects valuable metres of this first class material.

HOLISTIC SOLUTIONS FROM POLYTEC INDUSTRIALHigh-quality sheet is cold rolled, while alu-minium coils leave the mill with a tempera-ture of around 150°C. As the sensitive coil cannot be simply placed on the ground to cool off, protective storage is especially important in this phase. Our heat-resistant parts made from TECTHAN® polyurethane facilitate a smooth production sequence, as the coils do not have to remain in the plant for cooling. Instead, they can be placed on the plastic mats immediately and trans-ported to their storage location.

LUKAS WATZENBöCK, MARCHTRENK, AUSTRIA

INSPIRATION BEATS PERSPIRATION

At the beginning of 2015, POLYTEC INDUsTRIAL received a customer enquiry, which with regard to the heat resistance of polyurethane elastomers entailed a technological quantum leap. The target was 150°C in combination with loads of up to 40t. To date, the limit for polyurethane elastomers was around 80°C, but nonetheless the developers at the location in Marchtrenk, Upper Austria did not break out in a cold sweat.

AN INNOVATIVE MATERIAL dEVELOPMENT FROM POLYTEC OFFERS PREVIOUSLY UNATTAINEd HEAT RESISTANCE

MATERIAL HIGHLIGHTS•Cut-resistant•Oil-resistant•Heatresistanceofupto150°C•Absoluteflexibilitywithregardtothe

desired geometry

INFOCoil is the word used for metal strip and wire windings and the technical term applied to rolls of steel and steel wire. Strip coils are used frequently for the transport of steel and alloys from the manufacturers to the processing plants (e.g. in the automotive industry). Coils produced in rolling mills can have weights of up to 45 t.

In EUR mill. Q3 2015 Q3 2014 Change Q1-Q3 2015 Q1-Q3 2014 Change

Sales 154.2 118.1 30.5% 465.5 356.6 30.5%

EBITDA 14.5 8.3 74.0% 44.1 25.1 75.8%

EBIT 8.5 4.5 89.5% 26.7 13.5 97.4%

Earnings after tax 5.9 3.1 91.2% 18.0 10.0 79.7%

EBITDA margin 9.4% 7.1% 9.5% 7.0%

EBIT margin 5.5% 3.8% 5.7% 3.8%

Earnings per share (in EUR) 0.26 0.13 100.0% 0.80 0.43 86.0%

sALEs (in EUR mill.) EBIT-MARGIN

Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015

118.1

134.7

155.8 155.6 154.2

3.8%

5.3%5.6%

6.1%

5,5%


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CROSS SEGMENT dATA

CAPITAL EXPENdITURES ANd KEY FINANCIAL FIGURES

SALES BY MARKET SEGMENT

CAPITAL EXPENDITURES

FINANCIAL FIGURES

SALES BY CATEGORY

SALES BY REGION

In the cars market segment, which accounts for the major share of sales in the POLYTEC GROUP, as compared to the same period of the previous year sales rose by 34.3% to EUR 313.1 million. This sizeable increase was due in part to the sales revenue contribution from both of the Dutch plants acquired in the fourth quarter of 2014. The largest relative growth derived from the customers Daimler Car, Volvo Car and Jaguar/Land Rover. VW Car, which is the car customer providing the larg-

Tooling and development sales are subject to cyclical fluctuations with regard to contrac-tual allocations and in the first nine months of 2015 remained at the level of last year. As compared to 2014, the third quarter of 2015 showed an increase in orders.

Additions to fixed assets amounted to EUR 122.5 million and derived mainly from the acquisition of the property portfolio previ-ously held by Huemer Holding GmbH with a value of EUR 87.3 million. Furthermore, corporate acquisitions and larger ongoing

By the end of the third quarter of 2015, the group’s total assets had risen by EUR 45.9 million to EUR 469.9 million. This was due pri-marily to an increase in fixed assets of around EUR 104.1 million. The bulk of this figure (EUR 87.3 million) derived from the purchase of the property portfolio held previously by Huemer Holding GmbH. Conversely, cash and cash equivalents fell by EUR 67.1 million, mainly as a consequence of the payment of the pur-chase price for the property portfolio, corpo-

est percentage of consolidated POLYTEC sales revenues, also developed in a clearly positive manner during the initial nine months of 2015.

As compared to the same period of the pre-vious year, sales revenues in the commer-cial vehicles segment were up by 27.2% at EUR 111.0 million. On the one hand, this was due to the acquisitions in the Netherlands (new customer DAF Truck) and on the other, higher VW Truck sales revenues.

Sales revenues in the non-automotive seg-ment were 14.4% higher than the compara-ble figure for 2014 at EUR 41.4 million. The sales of transport boxes, which are manufac-tured at the Ebensee plant, were also raised further in the third quarter of 2015. More-over, on the basis of considerable investments in both the machine pool and peripherals, an additional sizeable increase in order volume is planned through the successful conclusion of an agreement with the customer IFCO.

Group sales split showing the largest customers in

Q3 2015

spending on production plant also led to a sizeable rise in fixed asset additions. Capital expenditure in the first nine months of 2015 totalled EUR 57.0 million. The difference of EUR 65.6 million between capital expendi-ture and additions to fixed assets resulted

rate acquisitions, repayment of a loan and the payment of the dividend.

The equity ratio as at September 30th 2015 was 0.8 percentage points higher than that in the previous quarter and stood at 33.2%. As compared to the balance sheet date of Decem-ber 31st 2014, the equity ratio at the end of the third quarter was 0.8 percentage points lower. This was due mainly to the initial consolidation of the POLYTEC real estate group.

from non-cash, purchase price shares. Of this sum, EUR 57.5 million emanated from the purchase price of the property portfolio. Detailed explanations of the impact of the acquisitions in the period from January to September 2015 are provided in the Notes.

As compared to the balance sheet date of December 31st 2014, net debt rose by EUR 97.0 million to EUR 108.8 million. The main driver in this connection was the financing of the purchase of the property portfolio. In addi-tion, corporate acquisitions and investments in POLYTEC GROUP fixed assets also contributed to this sizeable increase.

VW CAR

DAIMLER CAR

VW TRUCK

JAGUAR LAND ROVER

VOLVO CAR

BMW GROUP

DAIMLER TRUCK

VOLVO TRUCK

JOHN DEERE

FORD GROUP

DAF TRUCK

OTHER AUTOMOTIVE

NON-AUTOMOTIVE

27.9%

10.7%

8.6%

7.6%

6.6%

5.6%

4.4%

4.0%

3.9%

3.0%

2.8%

6.1%

8.8%

In EUR mill. Q3 2015 Share Q3 2014 Q1-Q3 2015 Share Q1-Q3 2014

Passenger cars 100.1 64.9% 76.6 313.1 67.3% 233.1

Commerical vehicles 39.5 25.6% 28.3 111.0 23.9% 87.3

Non-automotive 14.6 9.5% 13.2 41.4 8.8% 36.2

POLYTEC GROUP 154.2 100.0% 118.1 465.5 100.0% 356.6


Austria 4.3 2.8% 5.6 14.1 3.0% 12.6

Germany 86.5 56.1% 72.2 252.8 54.3% 217.2

Other EU countries 54.0 35.0% 32.8 170.9 36.7% 104.2

Other countries 9.4 6.1% 7.5 27.7 6.0% 22.6

POLYTEC GROUP 154.2 100.0% 118.1 465.5 100.0% 356.6


Part sales and other sales 136.0 88.2% 101.4 418.9 90.0% 310.3

Tooling and engineering sales 18.2 11.8% 16.7 46.6 10.0% 46.3

POLYTEC GROUP 154.2 100.0% 118.1 465.5 100.0% 356.6

In EUR mill. Q3 2015 Q3 2014 Change Q1-Q3 2015 Q1-Q3 2014 Change

Capital expenditures 14.9 6.5 129.2% 122.5 16.6 N/A

Unit 30.09.2015 31.12.2014

Equity EUR mill. 155.9 144.3

Equity ratio % 33.2 34.0

Net working capital EUR mill. 59.2 56.2

Net working capital to sales % 9.9 11.4

Net debt (+) /- cash (-) EUR mill. 108.8 11.8

Net debt (+) /- cash (-) to EBITDA % 1.96 0.32

Gearing % 0.70 0.08

Average capital employed EUR mill. 220.4 150.3


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EMPLOYEES

POLYTEC SHARE PRICE dEVELOPMENT

OUTLOOK

As compared to last year, Group workforce numbers (including leasing personnel) at the end of the third quarter of 2015 had

increased by 725. This rise was due primarily to the integration of the two Dutch plants at the beginning of December 2014. Other

small corporate acquisitions and the new foundation of the Chinese plant also con-tributed to the higher employees numbers.

Assuming a stable business cycle, the man-agement of the POLYTEC GROUP forecasts consolidated sales of more than EUR 600 million for the complete fiscal year 2015. As the substantial sales growth underlying

these expectations is backed by the full-year consolidation of the acquired two Dutch plants and the noticeable organic growth based on the launch of series pro-duction for new products. The earnings

figures should improve significantly. EBIT of significantly more than EUR 30 million to be expected.

CARO dOGGEN, ROOSENdAAL, NETHERLANdS

A DEMANDING BEAUTYIrrespective of the surrounding conditions, the very latest technologies employed in the Jaguar F-Type ensure perfect road holding and an important role in this regard is played by the underbody construction. POLYTEC designed a convincing lightweight solution for this purpose using a material combina-tion composed of lightweight reinforced thermoplastic (LWRT), which minimises the weight of the structure, and glass mat ther-moplastic (GMT) on the sides for the provi-sion of the necessary rigidity.

COOL HEADS FOR A HOT PROBLEMThe ultimate test f or any fast car is the Nür-burgring and a masterly performance was required from POLYTEC’s development team in order that the Jaguar’s underbody would emit sufficient heat following a high-speed run. Using the new VICS material, strength-ened ventilation slits proved to be the answer. This sandwich comprised of a thermoplastic

matrix and woven glass fibres in a so-called organo sheet, provides pinpoint-accurate reinforcement of the backing material and can be pressed with LWRT and GMT in a sin-gle production step. In addition, VICS is so light that it has a barely noticeable effect on the weight of the component and the integration of the reinforced parts into the underbody solution also means that no addi-tional parts require assembly, which brings both optical and cost efficiency advantages.

THE NEXT EPISODE FOLLOWSSince October 2015, some 500 of these advanced underbody covers have been com-ing off the production line at our plant in Roosendaal in the Netherlands every month. This adds up to a yearly total of 6,000 pieces, which is soon to be tripled, as Jaguar Land Rover has also commissioned POLYTEC with the fitting of the standard version of the rear wheel driven F-Type with this under-body solution.

JAGUAR UNDERBODY COVER

SOP October 2015

Technology Compression moulding (LWRT, GMT, VICS)

Location Roosendaal, Netherlands

The underbody of the Jaguar F-Type AWd consists of

lightweight LWRT base material, stable GMT inserts and VICS

ventilation slits for increased strength and improved heat management

In 2013, POLYTEC accepted the challenge of developing an underbody solution for the all-wheel drive version of the Jaguar F-Type, which at that time was in the design phase. since January 2015, this dynamic sports car has been offering the ultimate driving expe-rience on Europe’s roads and is also the first car to be fitted with POLYTEC’s innovative VICs material on a serial production basis.

INFOVICS is an acronym for Vari-able In-moulded Composite Sandwich and is an innovative combina-tion of a thermoplastic matrix core with carbon or glass fibre reinforcement. The resultant manufactured parts demonstrate considerably enhanced mechanical properties in combination with lower weight. As compared to steel, weight reductions of up to 50 per cent are possible.

An innovative POLYTEC product solution sits on the underbody of the Jaguar F-Type AWd at this point

Full-time equivalents of employees (FTE)

End of period Average Period

30.09.2015 30.09.2014 Change Q1-Q3 2015 Q1-Q3 2014 Change

Austria 592 569 23 581 549 32

Germany 2,344 2,343 1 2,314 2,298 16

Other EU countries 1,185 497 688 1,170 510 660

Other countries 171 158 13 165 160 5

POLYTEC GROUP 4,292 3,567 725 4,230 3,517 713

90%

100%

110%

120%

130%

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ATX PRIME

06.05.2015Publication of results Q1 2015

05.08.2015Publication of results H1 2015

August 2015Concerns economic slow-down in China and Emerging Markets

18.09.2015VW exhaust emissions scandal became public

January 2015 October 2015

90%

100%

110%

120%

130%

PYT

ATX PRIME

POLYTEC share price development in red, ATX-Prime-Index in grey;

Source: Wiener Börse AG, price data indexed as per January 2, 2015

PAUL RETTENBACHER, HöRSCHING, AUSTRIA

A SUCCESS STORY TURNS INTO SERIAL PROdUCTION


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The new 911 GT 3 RS brings pure motor sport technology to the roads through the strictest demands with regard to aerodynamics and design

AS dEMONSTRATEd BY THE NEW PORSCHE 911 GT 3 RS WITH A REAR BUMPER MAdE FROM PUR RRIM LIGHTWEIGHT

Lightweight construction is becoming an increasingly important factor in automotive manufacture, as it lowers fuel con-sumption and thus reduces CO2 emissions, which makes cars more environment-friendly. Above all, these facts apply to cars with a performance that borders on professional racing and therefore holistic, lightweight construction solutions were a core issue with regard to the current Porsche 911 generation.

Plastics demonstrate their advantages clearly in the lightweight construction area and score owing to their low density, offer of design freedom and diverse pos-sibilities for functional integration. In the case of the rear bumper of the new Porsche 911 GT3 RS, the PUR RRIM Lightweight material innovation, which was brought to serial production maturity by POLYTEC CAR STYLING in Hörsching, furnishes a weight reduction of around 23 per cent as com-pared to conventional PUR RRIM. Moreover, the wall thickness is far lower than would be possible if injection moulded polypro-pylene were used, which means roughly 13 per cent less weight.

DEVELOPMENT OF INTELLIGENT MATERIAL COMBINATIONSThis latest weight reduction is achieved by the addition of hollow glass spheres and carbon fibres to the polyurethane base of the material. The hollow glass spheres lower the density of the material and hence its weight, while the carbon fibres strengthen its structure and thus permit thinner walls in combination with unchanged mechanical resistance and sur-face quality. The sizeable weight savings provided by the new material derive from close and successful teamwork between Porsche, POLYTEC CAR STYLING, 3M and Covestro (former Bayer Material Science).

AN OPTIMISED PRODUCTION CONCEPT FOR SMALL SERIESThe 0.7m high and 0.9m deep bumper has a length of 1.8 m and extends across the entire width of the vehicle. These dimen-sions mean that it numbers among the larg-est PUR car exterior parts. Nonetheless, this sporty component only weighs 4.14 kg and production employing the RRIM process provides decisive price advantages for small series, as it can take place using low-cost aluminium tools with low clamping pres-sure and comparatively simple mould sep-aration. This is in contrast to manufacture utilising polypropylene and an equi valent steel injection moulding tool, which only pays dividends with large numbers of parts.

POLYTEC CAR STYLING is also responsible for the production process, Class A painting and logistics of the rear bumper. The main chal-lenge that these assignments posed was the transfer of the new PUR RRIM Lightweight material to cost efficient serial production. Therefore, POLYTEC not only employed its expertise in the area of optimised tool con-struction and component design in line with the material, but also with respect to the choice of the ideal process parameters for the RRIM plant in connection with material

and tool temperatures, and the air loading and further processing of the component to achieve premium painting capacity.

DIVERSE APPLICATIONSParts made from PUR RRIM Lightweight are highly suitable for exterior use and their applications are correspondingly diverse. These extend from the production of spoil-ers and sill and door panelling to large-area front and rear bumpers. At the moment, POLYTEC’s engineers are concentrating on

pushing back the performance limits of the new material and the related RRIM tech-nology. The objective is to raise mechani-cal capacity still further in tandem with a simultaneous reduction in weight. In addi-tion, another vital, development work focus is on a cut in production costs aimed at also achieving competitive parity with injection moulding in the case of larger component quantities.

Hollow glass spheres and carbon fibres are added to the polyurethane base of the new PUR RRIM Lightweight and combine to form an especially lightweight and tough material

© 3M

KARIN WEILCH, HöRSCHING, öSTERREICH

© Porsche

PORSCHE REAR BUMPER

SOP April 2015

Technology PUR RRIM LightweightClass A painting

Location Hörsching, Austria

With PUR RRIM Lightweight, the rear bumper of the new Porsche 911 GT 3 RS is 23% lighter

Glossy diversity provides a glistening pointer to the Hörsching location’s specialisation in Class A-surfaces for small series

CARS CAN BE EVEN LIGHTER!

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Passion creates. . .

A MAJOR STEP TOWARdS THE ENGINE COMPARTMENT OF TOMORROW

In teamwork with our customer Audi, POLYTEC has developed a plastic transmission oil pan, which represents a major step towards the engine compartment of the future. The weight savings achieved as compared to standard magnesium versions amount to roughly 20 per cent and in addition, the plastic component is corrosion-free. A patented oil drain plug and a screw point for the oil cooler have also been integrated. Production commenced in May 2015 at our plant in Lohne, Germany.

POLYTEC dEVELOPS THE FIRST PLASTIC TRANSMISSION OIL PAN FOR AUdI

Two robots fit the rotary table with bushings. These are then passed automatically to the injection moulding tool by a gripper.

PROdUCTION

ASSEMBLY

The transmission oil pan is manufactured in an injection moulding machine and subsequently fed to further

processing fully automatically

The sealings and magnets are then mounted automatically and the

agreed leakage rate is secured

CHECKSFollowing the thorough exam-

ination of the bushings, a robot carries the transmission oil pan

to a camera check

PRE-ASSEMBLYThe magnets and the sealings are inserted

manually into the end-of-line testing

device

PACKAGINGThe transmission oil pans are

carefully laid into serial packaging specially designed to match the

product ready for delivery to Audi

JENS ELSEN, LOHNE, GERMANY

PRE-dEVELOPMENT

1

“We approach our customers with innovative concepts in order to fulfil our role as a proactive development partner.” HANS JANSSEN, HEAD OF PREDEVELOPMENT

INFOThe oil drain plug seals an opening, which is required for the run out of used oil during oil changes. It is located at the lowest point on the sump in order that all the oil can flow out by means of gravity.

BUSHING SEPARATION


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POLYTEC AT THE

Already heard? The POLYTEC GROUP has combined elements of its automotive component development and production compe-tence to form its wide-ranging Integrated Acoustic solutions concept. Accordingly, the resultant “sound of silence” was spot-lighted on a 75 m2-stand at this year’s IAA, which among other aspects presented at first hand the advantages derived from the use of a diversity of plastics technologies in intelligent, acoustic concepts for engine and engine compartment encapsulation.

With over 930,000 visitors, 1,100 exhibi-tors from some 40 countries and 219 world premieres, in 2015 the IAA both strength-ened its position as the leading, interna-tional mobility trade fair and offered clear evidence of the continuing status of cars in society. POLYTEC was also present as an exhibitor from September 15th to 18th and was able to catch the eye with its light-weight construction technologies and inge-nious functional integration solutions under the “Sound of Silence” motto.

CONCENTRATED COMPETENCE IN A SHOW CARThe POLYTEC show car formed a bright red focal point in the centre of the stand and provided an impressive display of both the group’s long-term experience as a sub-sup-plier to the global automotive industry and its concentrated competence. The show car highlighted over fifty plastic parts, which demonstrated to the fair visitors POLYTEC’s vast technological diversity and prob-lem solving expertise with regard to the employment of injection moulding, fibre compounds and polyurethane in exterior, interior, engine bay, structural and acoustic components.

1 COVERINGPURe noise absorbers that cover the engine

Material PUR flexible foamAppliaction area Engine coversAdvantages Noise absorption, crash protection, light-

weight construction, functional integration, surface quality, design freedom, cost efficiency

2 ENCLOSINGProducts that tightly surround noise sources

Material PUR flexible foam supplemented with foamed metal and injection moulded parts

Application area Directly on the engine or auxiliary units Advantages Noise absorption, heat control, functional

integration, design freedom, lightweight construction

SOUND OF SILENCEIn the evening of Thursday, September 17th, the “Sounds of Silence” were literally on the programme! However, this time the acous-tic highlights were not supplied by our Integrated Acoustic Solutions, but a five-strong live band headed by Key Account Manager Eberhard Pfeiffer from POLYTEC COMPOSITES in Gochsheim (Germany). The result was lively chats in a relaxed atmo-sphere accompanied by classic rock num-bers that included “Sound of Silence” from Simon & Garfunkel.

SOUND OF SILENCEWhat began in 2013 with the launch of pro-duction of soft engine covers for petrol-driven Volvos and was then supplemented by flexi-ble foam parts that lie directly on the noise source, has by no means come to an end with hybrid underbody solutions. For tailor-made “Sounds of Silence” solutions POLYTEC can turn to comprehensive know-how: • For over 25 years POLYTEC has been a

synonym for passion in plastics processing. Both development competence and the necessary production technology expertise are firmly anchored within the group.

• POLYTEC implements individual acous-tic concepts for engine and engine bay encapsulation, as well as an intelligent mix of both.

• Thanks to in-house testing, acoustic ben-efits can be thoroughly measured and cus-tomer requirements fulfilled precisely. This provides a constant flow of high-potential impulses for future development projects.

• We also put our PASSION CREATES INNOVATION maxim into practice in the material development field, as exemplified by VICS and PISA. With its thermo plastic matrix core and carbon or

glass fibre reinforcement, the variable in-moulded composite sandwich (VICS) facilitates the creation of light under-bodies that offer a high level of mechan-ical performance capacity. Moreover, as part of underbody solutions, the POLYTEC in-moulded sound absorber (PISA) serves as a sealed, thin-walled absorber for the highest levels of acoustic insulation.

• High-end, one-shot production permits the low-cost pressing of up to five differ-ing materials in varying thicknesses.

Provided “Sounds of Silence” & more! A live band headed by singer and POLYTEC Key Account Manager,

Eberhard Pfeiffer (centre)

IAA 2015WELCOME TO THE SOUNd OF SILENCE

3 HOUSINGEngine bay encapsulation

Material Mix of PP/PA, LWRT, VICS, GMT, D-LFT, SMC, PUR, PISA, etc.

Application area Engine compartment side surfaces Advantages Noise absorption, functional integration,

lightweight construction, design freedom, cost efficiency

4 SHIELDINGHybrid underbody solutions

Material Mix of LWRT, PP/PA, D-LFT, GMT, PUR, PISA, VICS, aluminium, etc.

Application area UnderbodyAdvantages Noise absorption, protection against stones

and impacts, lightweight construction, design freedom, cost efficiency

Party!


Lively exchanges of views and interesting expert discussions on the POLYTEC stand

This year’s IAA exhibit showcased the advantages from the four product areas contained in our Integrated Acoustic Solutions:


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OVER 150 IN-HOUSE-DEVELOPED POLYURETHANE RECIPES FOR INDIVIDUAL APPLICATIONSFor the second time in succession, POLYTEC INDUSTRIAL presented the application possi-bilities for moulded polyurethane parts and abrasion-protective coatings at the larg-est German Schüttgut (bulk material) fair, which is held in the Westfalenhalle in Dort-mund, the innovative fair has evolved into an important, supra-regional specialist event.

As the positive experiences gathered during the last trade fair presentations have shown, polyurethane has become an indis-pensable material where wear and noise protection for transport systems and components are involved. In particular, POLYTEC INDUSTRIAL’s ability to develop a diversity of recipes for individual applica-tions in-house is the object of great inter-est among the fair’s expert visitors.

At the Blechexpo 2015, POLYTEC INdUSTRIAL demonstrated its full range of advisory competence. On the company stand, interested fair visitors were able to obtain infor-mation about innovative plastics solutions for the steel industry.

DO-IT-YOURSELF: WEAR PROTECTION USING THELAN® POLYURETHANEUnder this motto, in 2015 POLYTEC INDUSTRIAL showcased a new cartridge system for sprayed coatings. Using a spe-cially coordinated 2-component system, users have the possibility to easily create top

quality, wear-resistant polyurethane layers for themselves. The POLYTEC spray gun and static mixers provide a homogenous, seam-less and highly wear-resistant coating for applications such as surface repairs.

WITH PURE PASSION... we convince as a reliable and competent supplier of heavy, sprayed polyurethane cor-rosion protection for all types of armatures. Therefore, it was only logical that POLYTEC INDUSTRIAL could not miss the DIAM, Ger-many’s specialist fair for industrial arma-tures, sealing, drive and plant technology.

In the tradition-rich Jahrhunderthalle, which is only a few kilometres away from the group subsidiary in Bochum, on the POLYTEC stand visitors to the fair were able to see for them-selves the advantages of armatures coated with polyurethane. Our coatings are impact- and chemical resistant and provide solid protection against corrosion and abrasion.

Coated ball cock that is employed to seal gas lines

Coated domestic connection valves and gate valves are buried underground and above all are

used for closing urban gas lines

A major attraction at the Schüttgut: our innovative spray system means

that complicated part disassembly is no longer required prior to coating

Want to learn more? You can access the product

video using this QR code.

dIRK GREVENHAUS, BOCHUM, GERMANY

© Rudolf Fomm GmbH

© Böhmer GmbH

© Kühme Armaturen GmbH

A SKILLEd dEMONSTRATION OF UBIQUITY

The Blechexpo and schweisstec trade fairs constitute a globally unique duo that focuses biannually on the complementary areas of sheet processing and joining technology. POLYTEC INDUsTRIAL was not only able to enthral the specialist visitors at this singular event from November 3rd to 6th 2015 in stuttgart, but at the same time the POLYTEC GROUP’s business unit specialising in industrial applications also showcased its product innovations at specialist fairs in Dortmund and Bochum.

dURING THE AUTUMN FAIR SEASON, POLYTEC INdUSTRIAL’S PIONEERING CAPABILITIES WERE ON OMNIPRESENT dISPLAY

ONE-STOP-SHOPPING SOLUTIONS FOR SHEET HANDLING AND STORAGEFor POLYTEC INDUSTRIAL, which has a com-petence range that supports metallurgical industry companies in the areas of produc-tion, processing and storage, participation at the Blechexpo represented a premiere. However, the time was ripe for the presen-tation to the steel world of an interactive stand on which many of the exhibits were of original size.

Within a very short time, the Blechexpo has captured the no.2 global ranking among the specialist fairs for sheet process-ing. And with well over 1,000 exhibitors from more than 30 nations and an exhibi-tion area of 70,000 m2, it not only offers quantity, but also convincing quality. The declared objective of the fair association is to present the entire cold rolled sheet pro-cessing chain, as well as the related thermal and mechanical cutting, joining and bond-ing techniques.


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In troducing .. .

Christa Kaliauer, Gerlinde schneider and sandra Hajek form the indispensable support team for our Board members. They organise appointments and travel and complete all administrative assignments. During these activities the ladies are not only in constant communication with numerous internal departments, but also serve as competent contact persons for customers and business partners.

GERLINDE SCHNEIDER

Date of birth June 26th 1969

Personality Open, warm-hearted and reliable

Date of entry September 1st 2010


Ms Kaliauer, what for you is motivation? An exciting job in a super team and always learning something new.What is your passion? Movement and emotionality.What for you is important during cooperation with other departments? Collegiality and fairness.

The world needs… more peace and humanitarianism. Future means… adventure.Time is… precious.The most important thing in life… is to go one’s own way.Contentment… is what I call joie de vivre.Change is… bravely following new paths.Friends describe me as… reliable, creative and empathic.

My motto:

CHRISTA KALIAUER

Date of birth March 8th 1966

Personality Reliable, creative, empathic

Date of entry April 23rd 2001


THREEFOLd FEMALE POWERTROUBLESHOOTING AT THE HIGHEST LEVEL

SANDRA HAJEK

Date of birth February 15th 1984

Personality Humorous, warm- hearted and reliable

Date of entry October 1st 2014


Ms Hajek, what for you is motivation? Being greeted every day with a smile from my colleagues.What is your passion? Fast cars.What for you is important during cooperation with other departments? Communications, understanding and forbearance.

The world needs… fair human relations. Future means… a secure job.Time is… one of the most valuable commodities of our age.The most important thing in life… is to be happy, or to achieve a similar state of mind.Contentment… means falling asleep and awakening worry-free.Change is… not closing one’s mind to the new.Friends describe me as… humorous, warm-hearted and reliable.

Mein Motto:

Ms Schneider, what for you is motivation? Entering unexplored territory.What is your passion? Family, friends and holidaying.What for you is important during cooperation with other departments? Teamwork and open communications.

The world needs… more peace and quiet. Future means… uncertainty.Time is… life.The most important thing in life… is health.Contentment… is being at peace with oneself.Change is… further personal development.Friends describe me as… open, warm-hearted and reliable.

My motto:


PASS

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Now+Then

since its foundation in 1986, POLYTEC has been a think tank for trendset-ting innovations in the plastics field. Today, the group numbers amongst the world’s leading systems suppliers to the automotive sector and thus to an industry that is constantly developing.

The Upper Austrian location in Hörsching focuses on the development and production of original accessories and small part series and systems for the automotive world. In fact, POLYTEC was already a strong partner with regard to the individualisation of vehi-cle design at the beginning of the 1990s.

At that time, the rigid foaming of PUR and reaction injection moulding (RIM) were the main technologies used and above all, thick-walled and relatively heavy components with low surface quality were manufactured in small batches.

WEIGHT-SAVING MATERIALS AND COST-EFFICIENT DESIGN CONCEPTS In 2015, things look very different. A high speed RRIM process is employed for the production of thin-walled components with Class A surfaces and innovations such as PUR RRIM Lightweight furnish weight reductions of as much as 35 per cent as compared to standard PUR RRIM. Modern plant with an output of 10,000 g per sec-ond and clamping forces of 400 t facilitate shot times of less than 0.8 seconds even for large-volume parts.

Moreover, POLYTEC CAR STYLING acts as a proactive partner in the design process. Special customer and target group demands are thus fulfilled precisely and extensive accessory programmes and special models are realised on a one-stop-shop basis.

Rigid spoiler production at the Hörsching location in

the early 1990s

Today’s cutting edge production facilities at the Hörsching location in Austria

CHRISTIAN WINTEREdER, HöRSCHING, AUSTRIA

1990...2015... GLOSSARY

1K technology/injection moulding Production of injection moulded parts that are only made from one plastic material

2K technology/ injection moulding Production of injection moulded parts that are made from two different plastics

CEO Chief Executive Officer: management board chairperson

Class A (A-side) Visible, exterior and interior component surfaces

CSO Chief Sales Officer: member of the board with responsibility for sales, marketing and development

GMT Glass mat reinforced thermoplastic

LWRT Low-weight reinforced thermoplastics: light, glass fibre reinforced, thermoplastic blended fibre nonwovens with high acoustic efficiency

Matrix Compound materials embedded in other components

PISA POLYTEC In-moulded Sound Absorber: patented POLYTEC product that protects the engine bay against moisture, dirt and mould

Polyurethane Plastic or plastic resin with an exceptionally large range of application

PUR see polyurethane

PUR rigid Two components (polyol and isocyanate) are converted from a fluid into a solid state using heat and pressure. The result is polyurethane (PUR) rigid, a hard, stiff material

RIM Reaction injection moulding: polyurethane is injected into a mould under high pressure

RRIM Reinforced reaction injection moulding: polyurethane and a reinforcing material (e.g. glass or carbon fibres) are mixed and injected into a mould under high pressure

RRIM Lightweight is a POLYTEC-developed, low-density (reduced weight) material. during its production, polyurethane is mixed with hollow glass spheres and injected into a mould under high pressure

SOP see start of production

Start of production Launch of serial manufacture

Thermoplastics Plastics that can be moulded within a certain temperature range

VICS Variable In-moulded Composite Sandwich: combination of a thermoplastic matrix with carbon or glass fibres

Imprint and disclosure according to § 25 Austrian Media Act:POLYTEC HOLdING AG; Managerial functions as well as engineering and production of plastic parts. UId no.: ATU 49796207; Company reg. No. 197646 g, Regional court Linz; Polytec–Straße 1, 4063 Hörsching, Austria; Tel. +43 7221 701-0, Fax +43 7221 701-35, [email protected]; Executive Board: Friedrich Huemer, Markus Huemer, Alice Godderidge, Peter Haidenek; Chairman of the Supervisory Board: Fred duswald; Half-yearly magazine for information of customers and em-ployees of the POLYTEC GROUP with regard to tasks, targets and operations of the company. Responsible for contents: Alice Godderidge; Chief editor: Karin Weilch; Concept and graphic design: Carina Gruber; Layout: Andreas Schlor; Editorial team: C. Gruber, K. Weilch, P. Rettenbacher, E. Reinecke, d. Lehner, T. Egelkraut, C. doggen, L. Watzenböck, J. Elsen, d. Grevenhaus, G. Schneider, S. Hajek, C. Kaliauer, C. Wintereder; Images: POLYTEC GROUP, Fotolia, Jaguar Land Rover, Porsche, netcarshow, IFCO, Böhmer GmbH, Rudolf Fomm GmbH, Kühme Armaturen GmbH, 3M. Errors and printing errors excepted.

You want to unsubscribe from receiving the POLYTEC WORLd or update your contact data? Please send an e-mail to [email protected].

PEFC certified: Printed on paper from sus-tainably managed forests and controlled sources. More info at www.pefc.at.


READ & WIN1. What are the four principles that are binding for

all POLYTEC managers?2. On how many fully automatic production lines

will plastic boxes be produced at the Ebensee location in future?

3. How heavy is the rear bumper of the Porsche GT3 RS, which is made from PUR RRIM Lightweight?

Send the answers to the questions above to [email protected] by January 22nd 2016 and win a voucher for two nights for two persons including half board at the Berghotel Alpenrast in South Tyrol, Italy. The voucher is valid until April 3rd 2016. The editorial team is excluded from the competition.

WINNER FROM THE LAST EDITION: BRITTA BÖRGERDING, POLYTEC PLASTICS GERMANY, LOHNE, GERMANY

PASSIONCREATES

INNOVATIONwww.polytec-group.com

Dear Reader,

As you can see from this edition of POLYTEC WORLD, thanks to our innovative capacity and the multifaceted activities throughout our group, 2015 was a very exciting year in a challenging market envi-ronment. Under these circumstances, the ability to react flexibly in an extremely volatile European market is and will remain one of the main attributes demanded of any sub-supplier that wishes to remain successful.

In the course of this financial year, we were also concerned with strategic issues such as targeted acquisitions, a focus on long-term personnel development, group globalisation in the direction of China and last, but not least, the development of numerous inter-esting new projects and subsequent serial production.

The resultant successes constitute motivation for the tasks ahead and allow us to look forward with pleasure and confidence to the continuation of our excellent cooperation. In this spirit, may I offer you my sincere thanks and wish you and your family a joyous Christmas and a healthy and prosperous New Year.

Friedrich Huemer, CEO

DONATION PROJECTS 2015

This year we once more deliberately refrain from giving out Christmas presents and instead support the following social projects:

Familienbund (Linz, Austria) - The “ICH-DU-WIR” (I-YOU-US) project facilitates the non-violent resolution of conflicts involving socially excluded children within the framework of family advice units.

Vitos Kalmenhof (Idstein, Germany) provides handi-capped children of school age with a home and peda gogic support in residential groups.

ARCHE IntensivKinder (Kuster-dingen, Germany) offers intensive care, support and therapy for children on permanent ventilation in their own homes.

Win a luxury break for two!

Documents

polytecworld 022015 E - PASSION CREATES · PDF fileunderstanding in a nutshell, page 6 ... Germany, which started produc- ... ing audit, efficient local partners were taken