Today’s virtual Annual General Meeting of Alzchem Group AG expressed its continued confidence in the Management Board and the Supervisory Board by discharging them for the fiscal year 2021 and approved all agenda items with a large majority.
The Supervisory Board of Alzchem Group AG has extended the Management Board contracts of Dr. Georg Weichselbaumer (CSO) and Klaus Englmaier (COO) ahead of schedule until the end of 2025.
Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, reported a very pleasing business performance in the first quarter of 2022 despite the challenging environment.
Against the background of the current market developments, Alzchem Group AG is increasing its sales forecast for the fiscal year 2022. The company now expects to generate “strongly to particularly strongly increasing” consolidated sales of up to EUR 520 million (previously: up to EUR 480 million). The other forecasts for the fiscal year 2022 made in the consolidated financial statements as of December 31, 2021 remain unchanged.
Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, has again successfully passed an independent CSR rating by EcoVadis, the world’s largest provider of sustainability ratings for companies, in 2022 and has improved again compared to 2020.
2021 was a successful year for the paper industry, and the forecasts for 2022 are also promising: the demand for various types of packaging products made from renewable raw materials - especially paper bags, food boxes and outer packaging - has increased enormously worldwide.