CPH chemistry + paper

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CPH Chemie + Papier Holding AG

logo
legal form Corporation
ISIN CH0001624714
founding 1971
Seat Root , SwitzerlandSwitzerlandSwitzerland 
management Peter Schildknecht
(Chairman of the Management Board )
Peter Schaub
( Chairman of the Board of Directors )
Number of employees 1086
sales 524.7 million CHF (2019)
Branch Chemistry, paper, packaging
Website www.cph.ch
As of December 31, 2019

The CPH Chemie + Papier Holding AG is a medium-sized industrial group headquartered in Root ( Switzerland ). Its activities include the development, production and distribution of chemicals , papers and packaging films . The group of companies produces at ten locations in Switzerland, Germany, Bosnia-Herzegovina, the USA, Brazil and China. The company is listed on the Swiss stock exchange SIX Swiss Exchange (SIX CPHN) listed .

Field of activity

The CPH Group is divided into three business areas: chemicals, paper and packaging.

chemistry

The focus of the chemistry division is on silicate chemistry , which appears on the market as Zeochem. Under this brand, molecular sieves for the separation of molecules of different sizes and silica gels for industrial applications, chromatography gels for the pharmaceutical industry and deuterated compounds, mainly solvents for NMR spectroscopy , are produced and sold.

paper

The paper sector appears on the market as pearl paper. Perlen Papier produces newsprint and magazine paper on two paper machines at the Perlen site . A total of over 500,000 tons of paper are produced here every year. Perlen Papier is the only manufacturer of newsprint and magazine papers and the largest waste paper recycler in Switzerland.

packaging

The packaging division is present on the market as Perlen Packaging and produces, among other things, PVC mono films and coated PVdC high barrier films that are used as blister packs for medicines. Perlen Packaging is the third largest supplier of coated films worldwide.

Sales figures

The CPH Group generated sales of CHF 524.7 million in 2019 . A little more than half of the sales came from the paper segment.

history

The chemical division of the CPH Group goes back to the chemical factory founded by the Schnorf brothers in 1818 in Uetikon am See ( Canton of Zurich ). In 1881 the Schnorf family took a share in the paper mill in Perlen. This laid the basic structure of today's CPH Group. In the 1950s, pearls began to coat paper. This resulted in the independent packaging division. In 2003 CPH gave itself the current group structure, in which all business activities are managed and controlled. CPH Chemie + Papier Holding AG is listed and is still majority owned by the descendants of the founding family. Around 40% are in free float .

chemistry

In 1818 the Chemische Fabrik Uetikon was founded by the Schnorf brothers for the production of sulfuric acid , iron and copper vitriol . In 1899 the company was converted into a stock corporation . In 1948, the Uetikon chemical factory in Full ( Canton Aargau ) built a plant using the contact method for the production of sulfuric acid. The increase in sulfuric acid production in the 1960s to over 80,000 tonnes per year made the industrial company the largest producer in Switzerland. In 1979, the Uetikon chemical factory in Louisville ( Kentucky ) in the USA founded the Zeochem LLC subsidiary for the production of zeolites as a joint venture with the American United Catalysts Inc. In 1997, this subsidiary was fully taken over. In 1990 the Uetikon chemical factory was converted into the CU Chemie Uetikon AG. A year later, after the takeover of the Lahr ( Germany ) plant of Immenhausen Chemie, CU Chemie Uetikon GmbH was founded in Lahr and the share of organic chemistry increased. In 1994, CU Chemie Uetikon AG was reorganized and, as the “Uetikon Group”, focused on the three business areas of organic fine chemistry (CU Chemie Uetikon GmbH / Organo), silica chemistry (Zeochem) and chemicals / agro (other chemistry). In 2002 the production plant for fine chemicals in Lahr was put into operation, at the same time the plant in Full was shut down and the production of sulfuric acid stopped. Furthermore, the silicate chemistry as Zeochem AG, as well as the mineral fertilizer production as CU Agro AG as legally independent companies were spun off from CU Chemie Uetikon AG. In 2011, the owners sold the fine chemicals division, which accounted for CHF 39 million in sales. Thereafter, the Chemicals division concentrated primarily on silicate chemistry. In 2016 the owners sold the premises in Uetikon to the Canton of Zurich. Production was outsourced to other, cheaper locations, including China to the newly acquired molecular sieve producer "Jiangsu ALSIO Technology" and to a new location in Zvornik in Bosnia-Herzegovina. The production of fertilizer at the Uetikon site was discontinued in mid-2017. In October 2017, the activities of Armar AG, a long-term sales partner and producer of deuterated products, were taken over.

paper

In 1872 a wood pulp factory was founded in Perlen , based on a hydroelectric power station on a newly constructed Reuss Canal. In 1873 this was expanded to include a paper mill . In 1876/1877 the first two paper machines went into operation with a daily production capacity of 5 tons. In 1881 the Schnorf family took a share in the Perlen paper mill. In 1904 a third paper machine was put into operation for the production of one-sided smooth papers. In the following decades the paper machines were modernized. A fourth paper machine was put into operation in 1954 for the production of newsprint and greaseproof papers. In 1971 a new paper machine was able to produce more than 100,000 tons of newsprint per year for the first time. In order to meet the higher demands on paper quality due to new printing processes, Perlen increasingly concentrated on the production of printing and writing papers with new machines. In 1992 the structure of the Perlen Group changed with the introduction of the holding structure with the subsidiaries Perlen Papier AG, Perlen Converting AG (coating of packaging films) and Perlen Immobilien AG. In the same year the factory switched production to the raw material waste paper with a corresponding waste paper processing plant , the old wood pulp grinding shop was closed. In 1994 a thermomechanical wood pulp production plant (TMP plant) was put into operation. In 2000, Perlen Papier began manufacturing magazine paper (LWC offset paper) with a wood content for offset printing . Conversions since 2006 increased the output to 190,000 tons of paper per year. In 2009, an additional processing plant for waste paper and a new loading terminal were built. In 2010 the newsprint machine was replaced by the seventh paper machine with a capacity of 360,000 tons of paper per year. In 2012, Perlen Papier took a 10% stake in the Renergia waste incineration plant, which was built in the immediate vicinity of the paper mill. At the beginning of 2018, Perlen Papier took over the recycling of waste paper at the Utzenstorf paper factory.

packaging

In 1949, the Perlen paper factory began its first attempts to combine paper and plastic into one product. After the first successful results were achieved, the coating and siliconization of paper began in 1954. As a result of the organizational independence and the move into its own production building in 1962, Perlen Converting AG gradually developed from the original paper refinement to an independent branch of the company for the coating of plastic films. In 2005 Perlen Converting LLC was founded with headquarters in Whippany, New Jersey (USA). In 2007, Perlen Converting took over ac-Folien GmbH in Müllheim , a manufacturer of PVC mono films. The packaging companies have been operating under the Perlen Packaging brand since 2010. In 2015, Perlen Packaging expanded with the construction of a coating plant in Suzhou, China, and in 2018 took over the majority stake in Sekoya Indústria e Comércio Ltda. in Brasil.

Web links

Individual evidence

  1. ↑ Entry of CPH Chemie + Papier Holding AG in the commercial register of the Canton of Lucerne
  2. ↑ a b c https://cph.ch/de/investoren/wichtigste-zahlen/
  3. ↑ https://cph.ch/de/cph-gruppe/globale-pr%C3%A4senz
  4. ↑ https://reports.cph.ch/19/de/kennzahlen/
  5. ↑ https://cph.ch/de/cph-gruppe/geschichte/
  6. ↑ https://cph.ch/de/investoren/aktieninformationen/
  7. ↑ https://www.tagesanzeiger.ch/wirtschaft/chemie---papier-holding-verkauf-den-bereich-feinchemie/story/28147137
  8. ↑ https://cph.ch/de/medien/mitteilungen/2016/03/22/schulhausprojekt-in-uetikon/
  9. ↑ https://cph.ch/de/medien/mitteilungen/2015/11/18/zeochem-%C3%BCbernnahm-alsio/
  10. ↑ https://cph.ch/de/medien/mitteilungen/2016/10/17/zeochem-baut-produktionswerk-in-zvornik/
  11. ↑ https://cph.ch/de/medien/mitteilungen/2017/11/02/zeochem-%C3%BCbernnahm-armar/
  12. ↑ https://www.luzernerzeitung.ch/zentralschweiz/luzern/perlen-eine-neue-papiermaschine-fuer-perlen-ld.29194
  13. ↑ https://www.rontaler.ch/rontal/root/ro10_renergia/
  14. ↑ https://cph.ch/de/medien/mitteilungen/2017/07/25/perlen-papier-ag-%C3%BCbernehmen-altpapierrecycling-der-papierfabrik-utzenstorf/
  15. ↑ https://cph.ch/de/medien/mitteilungen/2014/05/28/cph-gruppe-expandiert-nach-china/
  16. ↑ https://cph.ch/de/medien/mitteilungen/2018/01/21/perlen-packaging-%C3%BCbernnahm-sekoya-in-brasilien/