Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Sulzer Ltd
  6. News
  7. Summary
    SUN   CH0038388911

SULZER LTD

(SUN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Sulzer : Beads of innovation - Sulzer Chemtech and Borealis have completed the development of an innovative process for the cost-effective extrusion of expanded polypropylene (ePP) beads

04/06/2021 | 04:26am EDT

As opposed to conventional autoclave production methods, Sulzer Chemtech's innovative system relies on extrusion with direct gas impregnation, offering an easy to implement alternative with a quick return on investment. Foam molders, such as packaging manufacturers, can implement the compounding line to considerably reduce the costs associated with material supply, warehousing and intermediate transportation. As a result, companies can offer ePP parts at more competitive prices while supporting the adoption of easy to recycle polyolefin applications.

Additional benefits include having full control over the properties of the ePP, such as bulk density, closed cell content and bead size distribution, as well as maximum flexibility in fine-tuning the recipes. Also, the highly automatized process keeps maintenance requirements low and simplifies operations. Besides, the extruded beads can be subsequently easily processed with standard steam pressure in steam chest molding machines to obtain molded bead foam products with specific shapes. In addition, Sulzer Chemtech and Borealis are developing an alternative that can use carbon dioxide, supporting different customer needs and plant settings.

'Collaborating with an industry leader like Sulzer has been a pleasure,' comments Christopher McArdle, Borealis Vice President Polyolefins Strategy & New Business Development. 'Life demands progress. This innovation will drive further the adoption of our PP foam solutions, supporting the transition to a circular economy of plastics. This is how we re-invent for more sustainable living.'

Torsten Wintergerste, Division President of Sulzer Chemtech, concludes: 'We are extremely pleased with the advanced ePP production line that we have developed together with Borealis. The result of this collaboration truly attests to the extensive expertise of both companies. Using our latest solution, customers will be able to benefit from cutting-edge equipment with enhanced performance as well as high-quality PP for the production of best-in-class foams.'

About Borealis:

Borealis is one of the world's leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. We leverage our polymers expertise and decades of experience to offer value adding, innovative and circular material solutions for key industries. In re-inventing for more sustainable living, we build on our commitment to safety, our people and excellence as we accelerate the transformation to a circular economy and expand our geographical Footprint.

With head offices in Vienna, Austria, Borealis employs 6,900 employees and operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in sales revenue and a net profit of EUR 589 million. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the remaining 25% is owned by a holding company of the Abu-Dhabi based Mubadala. We supply services and products to customers around the globe through Borealis and two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE); and Baystar™ (with Total, based in the US).

Media Contact

Borealis: Virginia Mesicek, Senior Manager, Corporate Communications, Brand & Reputation

tel.: +43 1 22 400 772

e-mail: Virginia.Mesicek@borealisgroup.com

www.borealisgroup.com

borealiseverminds.com

Disclaimer

Sulzer AG published this content on 06 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2021 08:25:06 UTC.


ę Publicnow 2021
All news about SULZER LTD
10/13SULZER : supporting award-winning water treatment plant to irrigate 70'000 acres of agricu..
PU
10/07SULZER : Stifel Lowers Price Target on Sulzer, Upgrades Recommendation to Buy From Hold
MT
10/04SULZER : Bank Vontobel Lowers Price Target on Sulzer AG, Downgrades Recommendation to Hold
MT
10/01ANALYST RECOMMENDATIONS : Acceleron Pharma, General Mills, Southwest Airlines, Home Depot,..
10/01SULZER : Morgan Stanley Lowers Price Target on Sulzer, Maintains Equalweight/Cautious Reco..
MT
09/30GLOBAL MARKETS LIVE : Boeing, Walgreens, Dufry, M&S, Novartis...
09/30SULZER : Spinoff Debuts On Swiss Bourse, Raises $338 Million Capital
MT
09/30SULZER : and medmix shares start trading separately on SIX Swiss Exchange – medmix a..
PU
09/30SULZER LTD : Spin off
FA
09/30Sulzer Ltd completed the Spin-Off of Medmix AG.
CI
More news
Analyst Recommendations on SULZER LTD
More recommendations
Financials
Sales 2021 3 214 M 3 480 M 3 480 M
Net income 2021 145 M 157 M 157 M
Net Debt 2021 432 M 468 M 468 M
P/E ratio 2021 20,2x
Yield 2021 3,65%
Capitalization 3 061 M 3 315 M 3 315 M
EV / Sales 2021 1,09x
EV / Sales 2022 1,00x
Nbr of Employees 15 574
Free-Float 49,4%
Chart SULZER LTD
Duration : Period :
Sulzer Ltd Technical Analysis Chart | SUN | CH0038388911 | MarketScreener
Technical analysis trends SULZER LTD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 90,60 CHF
Average target price 105,00 CHF
Spread / Average Target 15,9%
EPS Revisions
Managers and Directors
GrÚgoire Poux-Guillaume Chief Executive Officer
Jill Ghim Ha Lee Chief Financial Officer
Peter D. L÷scher Chairman
Gerhard Roiss Independent Non-Executive Director
Hanne Birgitte Sorensen Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SULZER LTD45.32%3 315
ATLAS COPCO AB32.04%74 858
FANUC CORPORATION-3.29%41 204
PARKER-HANNIFIN CORPORATION8.11%38 466
TECHTRONIC INDUSTRIES COMPANY LIMITED40.69%36 687
SANDVIK AB5.46%30 929