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Nabaltec Reorganizes its Southeast Asia Business
Nabaltec AG/DE will restructure its business activities in the growing market for separator films in lithium-ion batteries in order to further sharpen its profile in the market and to strengthen ties with customers and distribution partners.
“We have observed and accompanied the business development in the product segments Functional Fillers and Specialty Alumina in the Southeast Asia region with the greatest interest and commitment and have always supplied our local customers in close cooperation,” said Johannes Heckmann, CEO of Nabaltec AG. “With the establishment of a direct communication channel to our headquarters in Schwandorf, which coordinates all relevant issues with regard to expansion plans in the battery business and markets, we can provide maximum support for our customers’ global growth plans and thus generate greater added value.” With the direct connection to Nabaltec in Schwandorf, the company is thus implementing its announced expansion plans and strengthening its commitment to the growth market for boehmite in the range of battery applications.
The subsidiary Nabaltec Asia Pacific K.K. will no longer be able to play its originally strong role in this restructuring process. Therefore, the management has decided not to continue the company and to dissolve it. Due to the small business volume of the sales and marketing company, the subsidiary was previously classified as immaterial for accounting purposes and thus not consolidated.
www.nabaltec.de
