EANS-News: Binder+Co Aktiengesellschaft Further Binder+Co Group expansion with
the foundation of Bublon GmbH
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Company Information
Gleisdorf (euro adhoc) - January 16, 2012. The internationally successful
Binder+Co AG has started the 2012 financial year with the foundation of a new
subsidiary in the shape of Bublon GmbH. This independent company will handle the
marketing of BUBLON technology, which Binder+Co unveiled in the autumn of 2011.
This technology allows the production of an entirely natural basic composite for
the manufacture of building materials with outstanding heat and noise insulation
characteristics. As a result of this expansion, the Binder+Co Group now consists
of a total of four companies.
Karl Grabner, from the Binder+Co Management Board: "The foundation of our
subsidiary Bublon GmbH, represents a further advance in our growth strategy and
a milestone with regard to the marketing of our new BUBLON technology. We
envisage extremely interesting market potential for this innovative process, the
exploitation of which will provide us with considerable sales revenue growth."
Binder+Co´s foundation of Bublon GmbH has created a solid platform for the
global marketing of its process for the production of a fully natural basic
composite used in the manufacture of building materials, which was presented to
a specialist audience in the autumn of 2011. The outstanding noise and heat
insulation characteristics in question derive from the expansion of perlite and
obsidian, and the use of the "popcorn-like" behaviour of these natural raw
materials, which when heated to over 800°C demonstrate an up to 20-fold increase
in volume.
Bublon GmbH will operate as a supplier of complete plants and if required, apart
from core BUBLON technology, will also cover the up- and downstream comminution,
screening, drying and packaging process phases with Group products. This will
open up interesting new market potential in the industrial regions of Europe,
the USA, Japan and above all, in future, China.
Like Comec-Binder S.r.l., which was founded in 2011, Bublon GmbH is owned
entirely by Binder+Co AG. The sales revenues and results of these two
subsidiaries are allocated to the Processing Technology Segment.
The Binder+Co Group
Binder+Co AG is a specialist in the field of processing, environmental and
packaging technology and the world market leader in the screening and glass
recycling segments. The company was listed on the Vienna Stock Exchange at the
end of 2006 and is now part of the Third Market in the mid market segment. The
Binder+Co Group consists of Binder+Co AG, the two fully owned subsidiaries
Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture.
In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its
successfully implemented inventiveness and in 2011 received the Best Open
Innovator Award of the Zeppelin University Friedrichshafen as the most
outstanding SME in the D-A-CH region (Germany, Austria, Switzerland).
Further inquiry note:
Karl Grabner, Member of the Management Board
Telephone: +43/3112/800-363
end of announcement euro adhoc
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company: Binder+Co Aktiengesellschaft
Grazerstraße 19-25
A-8200 Gleisdorf
phone: +43 3112 800-363
FAX: +43 3112 800-320
mail: karl.grabner@binder-co.at
WWW: www.binder-co.com
sector: Machine Manufacturing
ISIN: AT000BINDER3
indexes: mid market
stockmarkets: Third Market: Wien
language: English