ElringKlinger

DGAP-News: ElringKlinger pools forces within Shielding Technology unit

Retrieved on: 
Thursday, October 28, 2021

Committed to successfully meeting the challenges of change in the future, too, the Group aims to pool forces within the Shielding Technology unit as part of strategic efforts and optimize its site structure in this area.

Key Points: 
  • Committed to successfully meeting the challenges of change in the future, too, the Group aims to pool forces within the Shielding Technology unit as part of strategic efforts and optimize its site structure in this area.
  • This trend affects ElringKlinger in the area of near-engine shielding parts and heat shields fitted around the exhaust tract.
  • This, too, explains the more pronounced levels of competition now seen in the field of shielding technology.
  • Against this background, forces within the Shielding Technology unit are to be pooled and capacities consolidated.

DGAP-News: ElringKlinger AG: German government backs hydrogen - ElringKlinger on board with subsidiary EKPO Fuel Cell Technologies

Retrieved on: 
Wednesday, August 25, 2021

German government selected 62 large-scale hydrogen projects, 12 of them from the mobility sector

Key Points: 
  • German government selected 62 large-scale hydrogen projects, 12 of them from the mobility sector
    Dettingen/Erms (Deutschland), August 25, 2021 +++ The German government has recently made its selection to promote hydrogen technology as part of an "Important Project of Common European Interest" (IPCEI).
  • ElringKlinger has applied to develop a new generation of fuel cell stacks for the commercial vehicle sector and has been pre-selected.
  • Its subsidiary EKPO Fuel Cell Technologies shall be responsible for the realization of this project.
  • With this so-called hydrogen IPCEI, the German government is fully committed to developing hydrogen technology for mobility.

DGAP-News: ElringKlinger posts solid first-half figures across the board

Retrieved on: 
Thursday, August 5, 2021

The Group generated revenue of EUR 393.6 million, an increase of EUR 141.4 million or 56.1% compared to the same period last year.

Key Points: 
  • The Group generated revenue of EUR 393.6 million, an increase of EUR 141.4 million or 56.1% compared to the same period last year.
  • Without currency effects, revenue would have been up by an additional EUR 19.4 million.
  • After a sharp pandemic-induced drop in revenue in the previous year, there were signs of recovery in all regions.
  • In terms of consolidated earnings, ElringKlinger again anticipates an EBIT margin of around 5 to 6% calculated in relation to Group revenue.

DGAP-News: ElringKlinger secures major contract for supply of battery components

Retrieved on: 
Tuesday, March 9, 2021

Dettingen/Erms (Germany), March 9, 2021 +++ ElringKlinger AG has received a high-volume order for cell contacting systems.

Key Points: 
  • Dettingen/Erms (Germany), March 9, 2021 +++ ElringKlinger AG has received a high-volume order for cell contacting systems.
  • From the first half of 2022 onwards, the Group will supply the German plant of a global battery manufacturer who produces battery systems for the series platform of a German premium car marker.
  • ElringKlinger has been mass-producing battery components such as cell contacting systems for around ten years.
  • Alongside components, the Group also offers high-performance modules using prismatic and cylindrical cells as well as complete battery systems.

DGAP-News: Launch of EKPO Fuel Cell Technologies

Retrieved on: 
Monday, March 1, 2021

New company, jointly owned by ElringKlinger and Plastic Omnium, ready to supply fuel cell stacks and components for broad range of applications

Key Points: 
  • New company, jointly owned by ElringKlinger and Plastic Omnium, ready to supply fuel cell stacks and components for broad range of applications
    EKPO Fuel Cell Technologies, the joint venture of ElringKlinger (60%) and Plastic Omnium (40%), is now ready to start operations, having implemented all contractual arrangements and been granted the necessary antitrust approvals.
  • The newly created company offers best-in-class and cost-competitive fuel cell stacks and components for a broad range of applications.
  • By successfully establishing fuel cell drives, we make our contribution on the road to emission-free mobility."
  • Armin Diez (58), previously in charge of ElringKlinger's fuel cell business, is responsible for the technical and operational activities.

DGAP-News: ElringKlinger and VDL conclude fuel cell partnership

Retrieved on: 
Thursday, November 12, 2020

Dettingen/Erms (Germany), Eindhoven (Netherlands), November 12, 2020 +++ ElringKlinger AG and the Dutch vehicle manufacturer VDL Bus & Coach BV have agreed on a strategic partnership within the area of fuel cell technology.

Key Points: 
  • Dettingen/Erms (Germany), Eindhoven (Netherlands), November 12, 2020 +++ ElringKlinger AG and the Dutch vehicle manufacturer VDL Bus & Coach BV have agreed on a strategic partnership within the area of fuel cell technology.
  • Within this partnership, ElringKlinger AG will focus on the customer-specific development and production of fuel cell stacks.
  • Another cooperation partner is ElringKlinger Fuelcell Systems Austria GmbH (EKAT), which has expertise within the area of complete fuel cell systems.
  • Alongside its proprietary fuel cell stacks, ElringKlinger is acknowledged in particular for its innovative fuel cell components, including patented designs for metallic bipolar plates and plastic media modules that complement the product range.

DGAP-News: ElringKlinger and Plastic Omnium partner in fuel cell technology to accelerate the development of hydrogen mobility

Retrieved on: 
Wednesday, October 28, 2020

- Creation of EKPO Fuel Cell Technologies, a leading joint venture for development and mass production of fuel cell stacks for CO2-neutral mobility

Key Points: 
  • - Creation of EKPO Fuel Cell Technologies, a leading joint venture for development and mass production of fuel cell stacks for CO2-neutral mobility
    - Plastic Omnium acquires ElringKlinger's Austrian subsidiary, specialized in integrated hydrogen systems, to complement its global hydrogen strategy
    Hydrogen will play a major role in tomorrow's sustainable mobility.
  • To fulfil this objective, they will create EKPO Fuel Cell Technologies, a joint venture dedicated to fuel cell stack development, production and commercialization.
  • EKPO Fuel Cell Technologies will be owned 60% by ElringKlinger and 40% by Plastic Omnium.
  • Dr. Stefan Wolf, CEO of ElringKlinger, commented: "ElringKlinger has gained strong expertise in fuel cell technology over the past 20 years.

Global Automotive Heat Shield Market Report 2020-2025 | Includes Profiles of Dana Incorporated, Morgan Advanced Materials, Autoneum, ElringKlinger, Lydall and More - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 27, 2020

The global automotive heat shield market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4%.

Key Points: 
  • The global automotive heat shield market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4%.
  • Some of the key players in the automotive heat shield market are Dana Incorporated (US), Morgan Advanced Materials (UK), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (UK), Carcoustics (Germany), and UGN Inc. (US).
  • Growing advancements in advanced automotive technologies to fuel the demand for the automotive heat shield.
  • The market growth is also driven by the presence of automotive heat shield manufacturers such as ElringKlinger, Lydall, Carcoustics, and Morgan Advanced Materials.

DGAP-News: First virtual ElringKlinger AGM: Strong support for all items on the agenda

Retrieved on: 
Wednesday, July 8, 2020

Against the backdrop of the coronavirus pandemic and as a consequence of associated regulations, ElringKlinger had decided against a physical meeting.

Key Points: 
  • Against the backdrop of the coronavirus pandemic and as a consequence of associated regulations, ElringKlinger had decided against a physical meeting.
  • As regards sales revenue, ElringKlinger managed to grow by 1.6% to EUR 1.727 billion despite a global market downturn of 5.6%.
  • In the trendsetting areas of E-Mobility and Lightweighting/Elastomer Technology, we increased our revenues by more than 9% in each case.
  • These efforts are supported by a dedicated workforce of more than 10,000 people at 45 ElringKlinger Group locations around the globe.

Global Automotive Gaskets and Seals Market Outlook 2020-2025 with Freudenberg Group, SKF Group, Dana Inc, Elringklinger, Jayem Auto Industries, and Kunshan Sanwa Engine Parts Industry Dominating

Retrieved on: 
Monday, July 6, 2020

The Global Automotive Gaskets and Seals Market is expected to register a CAGR of over 5.5 % during the forecast period.

Key Points: 
  • The Global Automotive Gaskets and Seals Market is expected to register a CAGR of over 5.5 % during the forecast period.
  • European firms, like Freudenberg, have already patented few automotive seals in 2017 to be ahead in the competition.
  • Some of the manufacturers in the market include Freudenberg, Dana Incorporated, Federal Mogul, SKF GmbH, ElringKlinger AG, etc.
  • Some of the major players in the market are Freudenberg Group, SKF Group, Dana Incorporated, Elringklinger AG, Jayem Auto Industries, Kunshan Sanwa Engine Parts Industry, amongst others.