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Annual report 2009 - Siempelkamp

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Thin MDF line in Turkey<br />

The demand from the European markets has been sluggish but not stopped. Some customers used<br />

the fi nancial crisis to carry out modifi cations. Within the scope of modifi cation projects, we sold<br />

our products and services to our customer Egger. In this way, <strong>Siempelkamp</strong> supplies an attractive<br />

service aspect. Operators of existing plants use our modifi cation packages in order to bring their<br />

equipment up to date, and thus they are ensured many more years of successful operation.<br />

Positioning in the market<br />

<strong>Siempelkamp</strong> Maschinen- und Anlagenbau GmbH & Co. KG used the period of the fi nancial crisis<br />

to optimally position itself for the future. Our strategy: A minority interest in companies supporting<br />

our service chain is not enough. It makes more sense to tie these companies closer to our Group<br />

and to help shape developments, decisions, and strategies together. Consequently, we separated<br />

from PAL/IMAL and modifi ed our relationship to our Italian subsidiary CMC Texpan to the effect<br />

that <strong>Siempelkamp</strong> holds a majority stake as of January 1, 2010. Furthermore, we integrated<br />

Hombak Maschinen- und Anlagenbau GmbH into our Group. With these steps we have set another<br />

milestone towards offering complete production lines for the wood-based materials industry<br />

ranging from the wood-yard to the fi nished laminated board.<br />

Our intention for a high level of vertical integration is supported by our local <strong>Siempelkamp</strong> production<br />

facilities. Our motto is: ‘We manufacture in-house and apply our own procedures.’ Our production<br />

facilities are located in Wuxi, China and Blatnice, Czech Republic. From here, we are able to reach<br />

our customers quickly and generate higher added value within the <strong>Siempelkamp</strong> Group. This can<br />

be expressed in effi cient production hours as follows: Our headquarters in Krefeld records 340,000<br />

hours per year, Wuxi 295,000 hours and Blatnice 83,000. Due to our higher shareholding in CMC<br />

Texpan, its Rumanian production facility in Dimeco is brought closer to us and our standards.<br />

<strong>Siempelkamp</strong><br />

Business development<br />

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