Nanogate Expands Its Stainless Steel Surface Expertise07.02.19
- New multifunctional and decorative properties possible
- Investment attained; mass production expertise established
- Promising negotiations on reference orders
- Future-oriented program Nanogate Excellence International launched
Göttelborn, February 7, 2019. Nanogate SE, a leading global specialist for design-oriented high-tech surfaces and components, has expanded its expertise in stainless steel surfaces for N-Metals technology. The new finishings, which come in a comprehensive color palette, make it possible to simultaneously integrate additional functions such as easy cleaning, scratch resistance, anti-fingerprint glass-like structures and chemical stability. Market implementation is being carried out as part of the recently launched future-oriented Nanogate Excellence International program (NXI).
In the premium segment, the new product is targeted toward design-oriented solutions using stainless steel – for example, in bathroom or domestic appliances. The high-quality finishings with new color palettes, which make design varieties such as rose-gold possible, also offer high-performance surface functions. The resulting investment and development costs in the low seven-figure range needed for an additional plant have been successfully covered. Component finishings can now be created using automated, robot-assisted mass production processes at the new Neunkirchen/Schwäbisch Gmünd site.
Nanogate is in promising negotiations with the goal of initiating reference orders for the new stainless steel application in the first half of 2019. With this expertise now at its fingertips, Nanogate has rounded off its portfolio of surfaces made from stainless steel and stainless steel alternatives.
Growing this expertise is part of the numerous projects launched by the forward-looking NXI program, with which Nanogate aims to boost its organic growth and the Group’s continued development. The new Neunkirchen/Schwäbisch-Gmünd site has been opened with this in mind. Additional measures to combine the sites’ organizational structures and to maintain a strong, international focus on market segments are currently being prepared.
Ralf Zastrau, CEO of Nanogate SE: “Our future-oriented program makes us more efficient and gives us more pulling power. In addition to repositioning the Group, we have launched several projects to enhance our products and at the same time create high-performance structures within short periods. Despite the initial costs, NXI will enable us to bring our profitable course of growth to an international scale. Our goal is to increase sales to EUR 500 million by 2025, while EBITDA should see stronger growth, reaching at least EUR 75 million.”