Press Release

# Company

17.10.2019   14:10

ALBIS plans strategic program at group level

Hamburg, 10/18/2019 - ALBIS plans a strategic program at group level. By mid-2020, the Distribution and Compounding business will be transferred to formally separated companies with their own growth and profit responsibility under the umbrella of a holding company.

"Our goal is sustainable global growth. We have successfully achieved this in recent years. From this position, it was important for us to actively meet the strategic challenges of the future," says Philip O. Krahn, CEO of ALBIS PLASTIC GmbH. Thus, digitization does not stop at the plastics industry. At the same time, globalization is increasing the number of competitors and capacities in an already competitive market. "The new structure will make us even more efficient, agile and service-oriented. For our customers, this means that they can do their business with us much more quickly and at the same time benefit, as usual, from independent advice and our comprehensive portfolio, from which we recommend the individually perfect solution for every application.”

Horst Klink, former Vice President Distribution at ALBIS, will take over the management of the new Distribution Business. Ian Mills, former Chief Sales Officer of the ALBIS Group, will lead the Compounding Business.

Author

Lennart Meyer

Specialist Communication & PR

+49 40 78105-523 +49 40 78105-523

moc.sibla@reyem.trannel

ALBIS PLASTIC profile in brief

ALBIS PLASTIC is one of the leading globally operating companies in the distribution and compounding of technical thermoplastics and thermoplastic elastomers. In addition to the product portfolio of well-known plastic manufacturers, ALBIS offers the plastic processing industry a diverse product range of high performance plastics, compound solutions and masterbatches. In 2018, the ALBIS Group, which has more than 1400 employees, achieved sales of 1.1 billion EUR. With 26 locations worldwide, the Hamburg based company is strongly represented in Europe with a growing presence in North Africa, the Asia Pacific and the Americas. At five German locations as well as in Knutsford (UK), Duncan, South Carolina (USA) and Changshu (China), ALBIS produces compounds and masterbatches, in part specializing in high-quality recycled compounds and green materials. All sites are certified according to the IATF 16949 or ISO 9001 Standard. In 2018, ALBIS was certified according to European Corporate Social Responsibility standards by rating specialist EcoVadis.

For more information visit http://www.albis.com and http://www.albisamericas.com.