ElringKlinger secures major serial-production contract for global lightweighting project

ElringKlinger secures major serial-production contract for global lightweighting project

- Supply of door module carriers made of organo sheets for compact-class vehicles of a global car manufacturer

- Contract worth more than EUR 100 million up to the year 2024

- Global production in Hungary, China, and Mexico; start scheduled for end of 2017

Dettingen/Erms (Germany), June 7, 2016 +++ ElringKlinger has received a high-volume serial-production order from German automotive supplier Brose. The contract covers the supply of door module carriers made of organo sheets, which are to be fitted to compact-class vehicles manufactured by a global car maker. Running until the year 2024, the order is worth more than EUR 100 million in total. Production in Europe is scheduled to commence in Hungary at the end of 2017, which will be followed by the start of serial production in China and Mexico in 2018. While the production sites in Hungary and Mexico are to be expanded, a new plant is to be established in China.

"This large-scale contract bears testimony to our research efforts with innovative fiber-reinforced composites and illustrates our expertise in the field of lightweight components," said Dr. Stefan Wolf, CEO of ElringKlinger. ElringKlinger's door module carriers are another structural component within the product portfolio for use in the vehicle body. "By becoming increasingly independent from drive systems, we are establishing the strongest possible foundation for the future," explained Dr. Wolf.

In securing this contract, ElringKlinger has shown its determination to pursue a strategy aimed at contributing to the reduction of vehicle fuel consumption and emissions through intelligent lightweight solutions. Among other things, the innovative door module carrier helps to reduce the overall weight of vehicle doors. Their production involves forming extremely light and stable fiber-reinforced composites - so-called organo sheets - and injection-molding plastic elements onto the parts for additional component functions - in a single step. The technology applied in this field was developed by Brose. ElringKlinger is the strategic partner for execution at an industrial level.

For further information, please contact:
ElringKlinger AG
Dr. Jens Winter
Investor Relations / Corporate PR
Max-Eyth-Straße 2
72581 Dettingen/Erms
Germany
Phone: +49 7123 724-88335
Fax: +49 7123 724-85 8335
E-Mail: jens.winter[at]elringklinger.com

About ElringKlinger AG
ElringKlinger has focused its efforts on developing forward-looking green technologies. These are designed not only to reduce CO₂ emissions but also to scale back the level of harmful nitrogen oxides, hydrocarbons, and soot particles. ElringKlinger is one of the few automotive suppliers worldwide with the capabilities of developing and producing high-tech components for all types of drive system - whether for downsized combustion engines or for electric vehicles driven by batteries or fuel cells. Drawing on its expertise in lightweight engineering, ElringKlinger can make a decisive contribution to efforts aimed at further reducing vehicle weight and thus fuel consumption. The company's portfolio centered around emissions reduction also includes particulate filters and end-to-end exhaust gas purification systems used in ships, commercial vehicles, construction machinery and stationary engines as well as in power stations. This is complemented by products made of the high-performance plastic PTFE supplied by ElringKlinger Kunststofftechnik, which are marketed to a wide range of industries - also to those operating beyond the vehicle manufacturing sector. Applying its abilities as an innovator, ElringKlinger is committed to sustainable mobility and earnings-driven growth. These efforts are supported by a dedicated workforce of more than 8,000 people at 45 ElringKlinger Group locations around the globe.