ContiTech AG
 | |
| Stock company | |
| ISIN | 🆔 |
| Industry | Automotive |
| Founded 📆 | 1991[1] |
| Founder 👔 | |
| Headquarters 🏙️ | Hanover, Germany |
Area served 🗺️ | |
Key people | Hans-Jürgen Duensing[2] |
| Revenue🤑 | EUR 6,300 million (2018)[3] |
| Members | |
Number of employees | 47,000 (2018)[3] |
| 🌐 Website | www.continental-industry.com |
| 📇 Address | |
| 📞 telephone | |
ContiTech AG, headquartered in Hanover, is one of the world's largest manufacturers of rubber and plastic products outside the tire industry.
The technology company is a subsidiary of Continental AG. Online, ContiTech AG presents itself online as Continental Industry. The company has 112 production and development locations in 30 countries[4] The current workforce of around 47,000[3] employees in 44 countries generated sales of some 6.3 billion euros in 2018 (EUR 6.2 billion in 2017). The CEO is Hans-Jürgen Duensing.[2]
Structure[edit]
ContiTech AG comprises seven business units:
- Air Spring Systems
- Conveying Solutions (conveyor belt technology)
- Industrial Fluid Solutions (hoses and lines for industrial applications)
- Mobile Fluid Systems (hoses and hose line systems for cars, commercial vehicles and mobile machines)
- Power Transmission Group (drive systems)
- Surface Solutions (surface materials, coated fabrics, membranes and printing blankets)
- Vibration Control (anti-vibration and sealing technology)
History[edit]
1871–1990[edit]
Continental-Caoutchouc und Gutta-Percha Compagnie, today Continental AG, is founded in Hanover and begins production of technical rubber goods and medical articles. Pneumatic tires for bicycles and rubber hot water bottles become classic products. In 1988, the ContiTech brand for technical products is introduced.
1991–2000[edit]
In 1991, the Continental “Technical Products” division becomes the ContiTech brand. In 1993, Benecke-Kaliko is incorporated into Continental's ContiTech division. Key products are leatherette and foils.[1]
2001–2010[edit]
ContiTech acquires a majority share of a Chinese air-conditioning and power-steering hose line manufacturer and enters into a joint venture with the Korean company Dae Won Kang Up for the production of air springs.[5] A plant for manufacturing drive systems for air conditioning lines is built in Romania, as well as a factory for air spring systems in Turkey. The joint venture Benecke Changshun Auto Trim opens a plant for soft trim materials for vehicle interiors in Zhangjiagang.[6]
In 2004, the former ContiTech Holding GmbH becomes ContiTech AG. In the same year, it takes over Phoenix AG.[7] This merger between ContiTech and Phoenix gives rise to the world's largest manufacturer of rubber and plastic products outside the tire industry.
In 2007, ContiTech acquires British hose producer Thermopol, with sites in the U.K., the U.S., Romania and Korea[8], as well as Danish drive belt manufacturer Roulunds, based in Europe and Asia[9], plus Serbian conveyor belt company Univerzal Kolubara[10] and a conveyor belt plant belonging to Metso Minerals in Moers.[11] In San Luis Potosí Mexico, the company establishes an engine mount plant and a factory for surface materials. A production plant for textile and steel cord conveyor belts is built in Ponta Grossa, Brazil, and a factory for hoses, lines, anti-vibration technology and air springs is established in Changshu, China.
In 2007, ContiTech shares are traded on the stock exchanges in Hamburg and Hanover for the first time.
2011–2020[edit]
The company takes over the conveyor belt business of Tianjin Xinbinhai Conveyor Belt Co. Ltd. in Tianjin, China[12], the Australian M.I.R.S. retail company in Perth,[13] the British steep-angle belt manufacturer Specialised Belting Supplies in Thetford,[14] the conveyor belt manufacturer Legg Company Inc. in Halstead, Kansas,[15] the industrial conveyor belt division of the Metso Corporation[16], and the molded brake components business of Freudenberg Sealing Technologies mit drei Standorten in Deutschland, Frankreich und Mexiko.[17] Furthermore, ContiTech acquires the air conditioning business of Parker Hannifin with factories in the U.S., Mexico, Czech Republic and South Korea.[18]
ContiTech opens a new compounding center in Nyíregyháza, Hungary, a research and development center for mounting and anti-vibration technology in Changshu, China,[19] a hose line plant in Subotica, Serbia[20] a factory for air conditioning and power steering lines in Kaluga, Russia[21], and builds a hose plant for oil production and gas extraction in Macae, Brazil.[22] The company enhances its plastics expertise with the purchase of Inotec Innovative Technologie GmbH in Kohren-Sahlis and Präzisionstechnik Geithain GmbH in Geithain,[23], Germany, opens an air conditioning plant in Hangzhou[24], China, and establishes a joint venture with the Chinese partner company Jiangsu Changshun Group Co. Ltd. for the construction of a second Chinese plant for soft trim materials for vehicle interiors in Changzhou.[25]
Since 2013, ContiTech’s expansion strategy has been geared toward continuously reducing the company’s dependence on the OEM business in the automotive industry. In 2015, ContiTech acquires its American competitor Veyance. The Ohio-based company complements ContiTech in previously underrepresented markets such as the United States and South America.[26] In addition, ContiTech takes over two plants for surface materials from the Belgian Mecaseat Group in Pamplona, Spain, and Wagrowiec, Poland.[27] With the launch of a production plant for rubber compounds in Changshu, China, ContiTech now also has its first compounding center for general applications beyond tires and conveyor belts outside Europe.[28] At the end of 2015, the new plant for producing low-emission vehicle interior materials also commences production in Changzhou, China.
In 2016, ContiTech takes over the Australian rail transport specialist Vulcanite.[29] This company, with 60 employees and two production sites at its headquarters in Sydney and in Malaysia, develops, designs and produces components for the insulation of mechanically generated vibrations.[30] In 2017, surface specialist Benecke-Kaliko, which belongs to ContiTech, takes over the Hornschuch Group headquartered in Weissbach, Germany. The two companies now operate together under the Continental brand and today constitute the Surface Solutions business unit.[31] The company is intending to expand its industrial business further and open up new sales markets, particularly in North America. ContiTech also opens its first manufacturing facility outside Germany for elastomer coatings in Changshu, China.[32]
In 2017, ContiTech purchases the South African technology company Advanced Imaging Technologies to expand its service offerings for the conveyor industry, as well as the company Custom Machining Services in Valparaiso, Indiana in the U.S., to extend its range of services for the hose industry.[33]
In 2018, ContiTech opens a new plant in Changshu, China, where it produces 3D blow-molded hose lines for use by the automotive industry in high-performance turbochargers.[34] Moreover, construction begins in Changshu of a foam factory for automotive interiors.[35] In Qingdao, China, ContiTech relocates to the Qingdao Sino-German Ecopark, where it manufactures hose products and mobile fluid systems for passenger cars and commercial vehicles.[36] In Pune, India, it starts the construction of a plant for the manufacture of surface materials for automotive interiors.[37]
In 2019, ContiTech takes over the Anti-Vibration Systems business of Cooper Standard, based in Novi in the U.S. State of Michigan. The unit has five locations in Canada, France, India, and the U.S. and employs a workforce of around 1,000 people.[38] ContiTech also expands its material expertise with the acquisition of the plastics specialist Merlett Group, based in Daverio, Italy. The company, with around 500 employees, manufactures hoses for industrial applications at three locations in Italy and Switzerland.[39]
Products[edit]
The company develops and produces functional parts, components and systems for the automotive industry, machinery and equipment engineering, the rail transport industry, the printing industry, the construction industry, the chemical and petrochemical industry, shipping and aviation, the mining industry, agriculture and forestry, the food and pharmaceutical industry, the energy industry, for home, garden, and leisure, as well as numerous other areas, and combines all this with individual services. Furthermore, ContiTech offers functional and design-oriented solutions for living spaces. Environmentally and climate-friendly products are an important focus. Here are some examples:
In 1995, silicone rubber that remains flexible down to minus 85°C is developed for the expedition suit worn by Greenland explorer Robert Peroni.
2002 sees the first demonstration run of the maglev Transrapid train in Shanghai, with air springs from ContiTech.
In 2005, ContiTech introduces the Gigabox, a new system for rolling stock consisting of an axle box and hydraulic springs.
In 2014, ContiTech launches the prototype of a solar cell produced using the flexographic printing process.
In 2015, ContiTech presents the first prototype of an engine mount made of natural rubber from dandelion roots.
2017 sees the company's technological developments influenced by increasing levels of automation in various industries. ContiTech presents concepts for intelligent (e.g. equipped with sensors) drive belts, air springs, rubber tracks, and conveyor belts.
In 2018, ContiTech introduces the smart CrimpIQ control system for the crimping hydraulic and industrial hoses. This system enables crimpers to be serviced remotely and operating software updates to be installed.
In 2019, the new skai Design Lab online tool is presented. This enables customers to select and customize digital print designs for their projects.
Awards (selection)[edit]
2020
The skai Design Lab is bestowed the 2020 German Design Award in the “Web” category.
2019
The flexible Conti Thermo Protect insulation system wins the Industrial Energy Efficiency Award for outstanding energy efficiency processes in industry.[40]
The breathable upholstery material laif VyP Nappa wins the German Design Award.[41]
2018
At the German Innovation Awards, ContiTech is handed eight awards for its product innovations.[42]
The particularly lightweight NAG 3 transmission adapter impresses the expert jury of the 14th Materialica Design + Technology Awards.[43]
2017
ContiTech receives four awards for innovative, lightweight construction bearing elements made from polyamide, including the SPE Automotive Innovation Award.[44]
2016
The surface material Dynactiv Power wins a special prize in the Sustainability category at the INOVYN award ceremony.[45]
Web links[edit]
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Wikimedia Commons has media related to ContiTech AG. |
References[edit]
- ↑ 1.0 1.1 https://www.continental.com/en/company/history Our History. continental-corporation.com. Accessed on March 22, 2018.
- ↑ 2.0 2.1 la/reuters/dpa, Autozulieferer – Vorstandswechsel bei Continental. manager-magazin.de. Accessed on March 22, 2018.
- ↑ 3.0 3.1 3.2 ContiTech Unternehmensgruppe. continental-industry.com. Accessed on October 17, 2019.
- ↑ 2018 Fact Book Investor Presentation continental-corporation.com. Accessed on April 29, 2019.
- ↑ ContiTech - Luftfedersysteme aus Korea. Vogel Business Media GmbH & Co.KG. Accessed on March 22, 2018.
- ↑ ContiTech - Benecke-Kaliko AG weiht Werk in China ein. Vogel Business Media GmbH & Co.KG. Accessed on April 3, 2018.
- ↑ Phoenix-Übernahme nach Zitterpartie geglückt. Handelsblatt Online. Accessed on March 22, 2018.
- ↑ Kartellamt genehmigt Continental die Übernahme von Thermopol. Neue Reifenzeitung. Accessed on April 3, 2018.
- ↑ Corinna Wnuck, ContiTech übernimmt dänische Roulunds. Finance Magazin. Accessed on April 3, 2018.
- ↑ ContiTech Buys Serbian Conveyor Belt Company Univerzal Kolubara. mining.com. Accessed on April 3, 2018.
- ↑ Metso sells its Flexowell conveyor belt operations to ContiTech Transportbandsysteme GmbH. metso.com. Accessed on April 3, 2018.
- ↑ ContiTech takes over Chinese conveyor belt maker. worldcement.com. Accessed on March 22, 2018.
- ↑ ContiTech stärkt Präsenz in Australien. Pressebox. Accessed on March 22, 2018.
- ↑ ContiTech kauft britisches Spezialgurt-Unternehmen. Pressebox. Accessed on March 22, 2018.
- ↑ Kelsey Ryan, German company acquires Halstead-based Legg Co. WichitaOnline. Accessed on March 22, 2018.
- ↑ Metso agrees to divest certain parts of its industrial rubber conveyor belt manufacturing and related sales and services operations in Northern Europe to ContiTech and Lutze Group. metso.com. Accessed on March 22, 2018.
- ↑ Michael Ziegler, Conti Tech kauft Bremsenformteile-Geschäft von Freudenberg. Vogel Business Media GmbH & Co.KG. Accessed on March 22, 2018.
- ↑ Thomas Günnel, ContiTech kauft Klimaleitungsgeschäft von Parker. Vogel Business Media GmbH & Co.KG. Accessed on March 22, 2018.
- ↑ Eröffnung von neuem ContiTech-F&E-Zentrum in China. Neue Reifenzeitung. Accessed on March 22, 2018.
- ↑ Contitech hat neue Schlauchfabrik in Serbien eingeweiht. kgk-rubberpoint.de. Accessed on March 22, 2018.
- ↑ ContiTech: Werk für Klima- und Servoleitungen im russischen Kaluga eröffnet - 17 Mio.-Invest in Aufbau des Standortes. K Portal. Accessed on March 22, 2018.
- ↑ ContiTech: Neue Schlauchfabrik in Brasilien. K Portal. Accessed on March 22, 2018.
- ↑ ContiTech stärkt Kunststoffkompetenz - Erwerb des Blasformspezialisten Inotec. Pressebox. Accessed on March 22, 2018.
- ↑ Jens Scheiner, ContiTech: Zweigwerk in Hangzhou eröffnet. Vogel Business Media GmbH & Co.KG. Accessed on March 22, 2018.
- ↑ Mike McNulty, ContiTech business unit expands presence in China. Rubber & Plastic News. Accessed on March 22, 2018.
- ↑ Dorothee Tschampa, Continental AG kauft Veyance zur Stärkung des Industriegeschäfts. Welt Online. Accessed on March 22, 2018.
- ↑ Jens Schreiner, Interieur - Benecke-Kaliko kauft Standorte von Mecaseat. Vogel Business Media GmbH & Co.KG. Accessed on March 22, 2018.
- ↑ ContiTech eröffnet Compounding Center in China. Dr. Gupta Verlag. Accessed on March 22, 2018.
- ↑ ContiTech acquires air springs business. Rubber & Plastic News. Accessed on March 22, 2018.
- ↑ About us. Vulcanite. Accessed on March 22, 2018.
- ↑ skai® & Dynactiv™ – Benecke-Hornschuch Surface Group. Homepage Konrad Hornschuch AG. Accessed on March 22, 2018.
- ↑ P. Reichardt, China: ContiTech opens plant in Changshu. OWC. Accessed on March 22, 2018.
- ↑ Continental acquires Advanced Imaging Technologies. Rubber & Plastic News. Accessed on March 22, 2018.
- ↑ Continental: Neues 3D-Blasformwerk im chinesischen Changshu – Blasgeformte Schlauchleitungen für Hochleistungs-Turbolader. Plasticker. Accessed on January 30, 2019.
- ↑ Continental Celebrates the Groundbreaking of New Foam Solutions Plant. ContiTech. Accessed on January 30, 2019.
- ↑ Continental investiert in Sino-German Ecopark für Schlauchtechnologien für die Automobilindustrie. Aftermarket News. Accessed on January 30, 2019.
- ↑ Continental startet 2020 Produktion im indischen Pune. Plastverarbeiter. Accessed on January 30, 2019.
- ↑ Conti übernimmt „Anti-Vibration Systems“–Geschäft von Cooper Standard. Automobil Industrie. Accessed on April 3, 2019.
- ↑ Continental: Zukauf des Kunststoffspezialisten Merlett Group – Erweiterung des Geschäftes mit Industrieschläuchen Plasticker. Accessed on July 1, 2019.
- ↑ ContiTech, Eaton, Gerotor und MWK Bionik sind die Gewinner. Deutsche Messe AG. Accessed on October 17, 2019.
- ↑ German Design Award 2019 – Excellent Product Design: »Gold« and »Winner«. German Design Award. Accessed on October 17, 2019.
- ↑ Continental gewinnt beim German Innovation Award 2018. agrarheute. Accessed on October 17, 2019.
- ↑ ContiTech Getriebeadapter NAG 3 ausgezeichnet. www.gummibereifung.de. Accessed on October 17, 2019.
- ↑ SPE Award für ContiTech. AMupdate. Accessed on October 17, 2019.
- ↑ Solarfolie sichert Wasserversorgung und erzeugt Strom. Maschinenmarkt. Accessed on October 17, 2019.
Coordinates: 52°23′23.5″N 9°43′51.82″E / 52.389861°N 9.7310611°E
ContiTech[edit]
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