Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, significantly increased its sales in the first quarter of 2023 compared to the same period of the previous year. At EUR 150.4 million, the company recorded a rise of 16%. The main drivers of this positive development were the products from the Specialty Chemicals segment. This segment achieved a 31% increase in sales, or EUR 20.5 million, to EUR 85.8 million, thus setting another record.
On April 18, 2023, the Alzchem Group released 39 happy trainees into their professional lives at its release ceremony.
We are pleased to present the second part of our new Eminex® product film! Eminex® suppresses methane and CO2 emissions during slurry storage, helping to avoid climate-damaging emissions. The key to success in effectively inhibiting greenhouse gases is the correct application.
Demand for lightweight yet extremely stable pressure tanks is increasing, driven by the trend towards climate-neutral vehicles, supported globally by ever stricter legislation on CO2 reduction: This is also giving new impetus to the development of alternative CO2-neutral drive systems in particular - such as for fuel cell vehicles.
Corporate social responsibility is in everyone's mind and is also an essential part of business for Alzchem Group AG. The company, headquartered in Trostberg an der Alz, successfully went through an independent CSR rating by EcoVadis, the world's largest provider of sustainability ratings for companies, in 2023 and improved on its performance in 2022. In recognition of its sustainability success, the company was once again awarded the gold medal, which confirms Alzchem's responsible approach to people and the environment.
We are pleased to present our new Eminex® product film! Eminex® is an additive for manure and biogas fermentation residues, which is added during storage. Mixed into the slurry, Eminex® effectively inhibits the release of methane, CO2 and dinitrogene oxide and is itself degraded within a few weeks. The use of Eminex® can reduce greenhouse gas emissions by 81.5 kg CO2eq/m3 of slurry.
Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, recorded a successful year in 2022 despite the difficult economic conditions. Among the biggest challenges were the outbreak of the Ukraine war and the resulting price jumps for energy, raw materials and in logistics. Nevertheless, the Alzchem Group was able to achieve record sales of EUR 542.2 million, an increase of 28.4% compared to the previous year.
Under the leadership of Maria Noichl, Member of the European Parliament, and SPD district chairman and state parliament candidate Sepp Parzinger, a delegation from the Trostberg SPD local association visited Alzchem Group AG.