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EQS-News: Vossloh celebrates the inauguration of the first series production for the EPS composite sleeper developed in-house


EQS-News: Vossloh Aktiengesellschaft / Key word(s): Miscellaneous
Vossloh celebrates the inauguration of the first series production for the EPS composite sleeper developed in-house

18.06.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Vossloh celebrates the inauguration of the first series production for the EPS composite sleeper developed in-house

  • Vossloh inaugurates the first production line for Engineered Polymer Sleeper (EPS) in Nowe Skalmierzyce, Poland 
  • The highly innovative and sustainable product made from amalentic sets new standards worldwide in the field of synthetic sleepers

Werdohl, June 18, 2024: Together with customers and partners, Vossloh has inaugurated the new production facility for the series production of its proprietary Engineered Polymer Sleeper (EPS) in Nowe Skalmierzyce, Poland.

The ultra-modern and largely automated production line will initially manufacture around 100,000 composite sleepers per year. The product portfolio will include track and turnout sleepers as well as special products for railroad bridges. The EPS are made from secondary raw materials and are fully recyclable at the end of their 50-year service life. An innovative tool concept enables the product design to be quickly adapted to customer requirements. The production process complies with all European energy standards and the topic of sustainability was also a focus from the outset when designing the individual production steps. For example, only green electricity is used in production and energy is recovered and reused wherever possible.

The composite sleepers are the successful result of more than ten years of development work by the experts at Vossloh. The aim was to create an ecological composite sleeper that combines the positive properties of concrete, wood and polymer sleepers. This is made possible by the innovative material amalentic. The isotropic material meets the most important product requirements to a particularly high degree, such as high weather resistance, low thermal expansion, high track stability and stable track gauge.

"Both the EPS product itself and the ultra-modern production facility are masterpieces by the engineers involved. With our new composite sleeper, we are creating a sustainable and durable alternative to wooden sleepers, which are no longer allowed to be used in more and more countries around the world due to their impregnation with chemicals that are harmful to the environment and health. In future, our latest innovation can be used wherever technical requirements mean that concrete ties cannot be substituted. At Vossloh, we not only enable green mobility, but also do so in a sustainable and responsible manner. I am very confident that this product, with its outstanding product properties and exemplary eco-balance, has a successful future ahead of it," says Oliver Schuster, Executive Board Chairman of Vossloh AG.

Contact details for the media:
Andreas Friedemann
Phone: +49 (0) 2392 52-608
E-Mail: [email protected] 

Contact details for investors:
Dr. Daniel Gavranovic
Phone: +49 (0) 2392 52-609
E-Mail: I[email protected]
 

Vossloh is a global technology group that has stood for quality, safety, customer focus, reliability and innovation for around 140 years. With its comprehensive range of products and services for the rail track, Vossloh is one of the world market leaders in this field. Vossloh offers a uniquely broad range of products and services under one roof: Rail fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based services for the entire life cycle of rails and switches. Vossloh uses its systemic understanding of the track to address the central customer need of "rail track availability".

Vossloh products and services are in use in more than 100 countries. With around 75 Group companies in almost 30 countries and over 40 production locations, Vossloh is active locally worldwide. Vossloh is committed to sustainable corporate governance and climate protection and makes an important contribution to the sustainable mobility of people and goods with its products and services.

The Group's activities are divided into three divisions: Core Components, Customized Modules and Lifecycle Solutions. In the 2023 financial year, Vossloh generated sales revenues of €1,214.3 million with around 4,000 employees.



18.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Vossloh Aktiengesellschaft
Vosslohstr. 4
58791 Werdohl
Germany
Phone: +49 (0)2392 52 - 359
Fax: +49 (0)2392 52 - 219
E-mail: investor.relations@vossloh.com
Internet: www.vossloh.com
ISIN: DE0007667107
WKN: 766710
Indices: SDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1927043

 
End of News EQS News Service

1927043  18.06.2024 CET/CEST

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Vossloh AG Stock

€47.10
0.210%
The Vossloh AG stock is trending slightly upwards today, with an increase of €0.10 (0.210%) compared to yesterday's price.

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