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POLYTEC GROUP - Nomination as series supplier for the Common Rail Generation by Volkswagen

Geschrieben am 19.09.2006 - [Nächster Artikel]

The POLYTEC GROUP is one of the top ten suppliers for the new Volkswagen TDI
generation of engines fitted with “Common Rail Technology“.


--------------------------------------------------------------------------------
ots-CorporateNews transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------


Volkswagen has appointed the POLYTEC GROUP to develop the new Common
Rail cylinder head covers on account of its highly flexible approach
and comprehensive technical concepts. The planned order value
amounts to EUR 19.5 million per year from the commencement of
production.

It was Polytec Group’s wide range of experience with cylinder head
covers, in particular in the integration of high performance oil mist
separators as well as the ability to manufacture these cylinder head
covers economically which were the crucial points in Volkswagen’s
decision to appoint the Polytec Group.

POLYTEC GROUP was awarded a development and production contract for
the following:

Cylinder head cover 2.0 Common Rail
- Quantity : 690,000 p. a.
- SOP : August 2007
Cylinder head cover 1.6 L Common Rail
- Quantity : 500,000 p. a.
- SOP : August 2008

Fan belt cover / Lower section 2.0 / 1.6 TDI Common Rail
- Quantity : 1.6 mill p. a.
- SOP : August 2007

The individual parts are manufactured by injection moulding and are
assembled in production islands with integrated assembly lines and
welding plant. They leave production as modules ready for fitting
once they have been successfully subjected to a 100% seal and
function test. The cylinder head covers are manufactured in the
Lohne (Germany).

The strengths of the AUTOMOTIVE SYSTEMS DIVISION are quite clearly in
development skills and development capacity. This is also confirmed
by the registered patents and the award received recently for the
cylinder head covers for the VW Transporter and Sharan. These
cylinder head covers were awarded the SPE Award 2006.


end of announcement euro adhoc 19.09.2006 14:08:46
--------------------------------------------------------------------------------


ots Originaltext: Polytec Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Manuel TAVERNE
POLYTEC GROUP
Investor Relations
Tel.+43(0)7221/701-292
manuel.taverne@polytec-group.com

Branche: Industrial Components
ISIN: AT0000A00XX9
WKN: A0CA1R
Index: ATX Prime
Börsen: Wiener Börse AG / official market
 
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