Strong expansion in the Chinese growth market – Autoneum opens the first of four new Chinese plants in Yantai Donnerstag, 26. Oktober 2017 - 07:13
With four additional plants, Autoneum is significantly expanding its production capacities in China. Thanks to the use of virtual reality applications, customers benefit from optimum production planning and highly-efficient production processes. With this capacity extension, Autoneum is laying the foundation for further profitable growth despite challenging regional markets, as the results of the current financial year show. It is therefore expected that the Company’s 2017 net sales will slightly surpass those of the previous year despite the significant decline in light vehicle production in the USA. The results achieved so far confirm the EBIT margin forecast of over 8% for 2017.
High-volume
orders from European, US-American and Chinese customers made it
necessary to boost Autoneum’s production capacities in China, the
largest automotive market in the world. At the new plant in the Eastern
Chinese city of Yantai (Shandong Province), series and just-in-time
production of inner dashes and carpet systems has already started.
Around 250,000 vehicles of Chinese vehicle manufacturers will be
supplied with components from Yantai each year. A particular area of
focus at this new plant, Autoneum’s seventh in China, will be
sustainable production processes: Production waste in the form of mixed
fiber fleece and polyester will be recycled and re-used in the
manufacture of components.
Yantai is one of Autoneum’s first
plants designed on the basis of digital 3D simulations. Using so-called
“Computer-Based Manufacturing Simulation” (CBMS), machine set-up, layout
of production cells and even deployment of shopfloor workers were
simulated already during the planning phase, which enables Autoneum to
ideally design and utilize the plant, advance working conditions,
increase production efficiency and realize associated cost savings.
Knowledge gained from the use of the virtual reality application in
Yantai will flow into the CBMS-based design of other new plants within
Autoneum’s global production network.
On the occasion of the
grand opening of the Yantai plant, Autoneum CEO Martin Hirzel stated:
“We are investing in the development and expansion of our Chinese
production capacities, taking into account the importance of the Chinese
growth market and ever-increasing demand from international and Chinese
vehicle manufacturers. In line with our strategy, we are focusing on
vertical integration and sustainable production processes at our new
plants.” He further stressed: “With the regional market launch and
production of lightweight components for various types of drives,
Autoneum is supporting the expansion of electromobility in China,
reductions in traffic-related CO2 emissions and thus sustainable mobility in the highest-volume automotive market in the world.”
The new plant in Yantai represents merely the start of a significant
capacity extension by Autoneum in China. In just a few weeks, series
production of carpet systems, inner dashes and wheelhouse outer liners
will also get underway for US-American and Chinese vehicle manufacturers
at Autoneum’s new plant in the city of Changsha (Hunan Province).
Annual production capacity for the Changsha plant will amount to some
1.4 million components. Productivity and sustainability likewise come
together at this approximately 11,000 square meter large plant: Scrap
from carpet and felt production is recycled on a fully-automated basis,
ensuring a closed material cycle.
A plant located in Pinghu
(Zhejiang Province), some 100 kilometers southwest of Shanghai, is still
under construction along with a production facility in Shenyang Tiexi
(Liaoning Province) in the country’s northeast. Starting in the fall of
next year, Autoneum will produce underbody systems for European and
Chinese vehicle manufacturers in Pinghu. In 2018, Shenyang Tiexi will
likewise supply models produced by German customers with heatshields,
hoodliners and carpet systems.
In addition to the three fully
owned plants in Chongqing (since 2006), Taicang (2010) and Shenyang
(2011) and a development center in Shanghai, Autoneum jointly operates
Chinese production locations with Japanese automotive supplier Nittoku
in Guangzhou (2003), Tianjin (2004) and Wuhan (2013). Autoneum’s
customers in China include European, US-American and several Chinese
vehicle manufacturers.
By expanding its production capacities in
China, Autoneum is laying the foundation for further profitable growth
despite challenging regional markets. It is therefore expected that
contrary to earlier assumptions the Company’s 2017 net sales will only
slightly surpass those of the previous year due to the significant
decline in light vehicle production in the USA. The results achieved so
far confirm the EBIT margin forecast of over 8% for 2017.
Photos:
Pictures of the Yantai plant are available for download at www.autoneum.com/media/press-kits.
For further information, please contact:
| Investors | Media |
|---|---|
Dr Martin Zwyssig | Dr Anahid Rickmann Head Corporate Communications & Responsibility T +41 52 244 83 88 F +41 52 244 83 36 media@anti-clutterautoneum.com |
