China Chinese authorities to Greenlight Siegfried´s New Multipurpose-Production
Chinese authorities issued operating approval to Siegfried Nantong. This significant site addition to Siegfried’s production network in a cost-effective production environment strengthens the company’s long-term competitiveness.
The Chinese Environmental Protection Bureau (EPB) has issued Siegfried Group (SIX: SFZN) the final operating approval for its Nantong production site. Consequently, all approvals and certificates required by the authorities for large-scale production have now been obtained. Trial operation for the commercial facilities already started a year ago.
Siegfried’s Nantong production site is located in one of China’s most up-to-date industrial parks northwest of Shanghai. The site’s production capacity amounts to 350 cubic meters and provides work for about 200 employees. This significant site addition to Siegfried’s production network in a cost-effective production environment strengthens the company’s long-term competitiveness. The facility was inaugurated in August 2015 and is attracting a great deal of interest from customers.
Dr. Walter Kittl, Head Global Operations at Siegfried: „Thanks to the final operation approval of the Chinese Environmental Protection Bureau our production network and thus our customers can now profit from a modern multi-purpose plant, complying with highest safety, environmental and quality standards”.
The pilot plants have been producing for 18 months and initial orders for large-scale production have been received. In addition, products will be transferred from other locations to Nantong.