Röhrig High Tech Plastics AG (HTP, A-7201 Neudörfl), which claims to be Europe´s leading precision plastics converter, has managed to win the biggest order in the Group´s history. The order, for General Motors´ new mid-range car, was acquired via the Lear Corporation. Over a period of five years, Röhrig will produce loudspeaker grilles and covers worth nearly EUR 6m. The entire project engineering, mould construction and production will be carried out in HTP´s Competence Centre in Neudörfl. In recognition of its delivery performance and to document the dynamic development of business with Lear, Röhrig HTP has been listed as a “worldwide preferred supplier” of Lear. As a result, HTP could, according to a recent statement, further expand its leading position in niche products for the automotive segment.

The statement added that, following its successful entry into the North American automotive market, HTP would, because of the much larger quantities involved in US car production, achieve a strong increase in order volume per customer in this segment. With comparable engineering and mould-building expenditures, there would be an increase not only in the efficiency of supply but above all in the profitability of production. To add further fuel to the dynamic growth and also to make the most of market and transport synergies, HTP´s Board was currently examining the possibility of acquiring an interest in British and Canadian precision plastics converters.

The seemingly positive business development at HTP has not been reflected in the stock market price (SMAX) during the past few months. On the contrary: since March (just under EUR 25), the share price has continued to fall and, at the beginning of September, hit a year low of just over EUR 11. This development is further stark evidence that companies in the field of plastics processing are not among the most popular on the stock market.