Focus on increased system efficiency in Process Technology
Wieland Thermal Solutions at the ACHEMA 2018, hall 6.1, booth C4
From 11th to 15th June the Achema, the World Forum and Leading Show for the Process Industries, will take place in Frankfurt. At booth C4 in hall 6.1 Wieland Thermal Solutions will be presenting current solutions for system efficiency increase in the oil, gas and petrochemical industries as well as in power plant engineering.
The magazine "Wirtschaftswoche" awards the best founders together with Wieland Ventures as a partner
Together with Germany's largest business magazine, Wieland Ventures is looking for the best talents in the start-up scene. Michael Demmer Managing Director of Wieland Ventures is a jury partner in the mobility category.
Together with other members of the jury, Michael Demmer selects the most innovative founders whose business ideas have a significant impact on the economy.
In addition to the grand prize, the winner of the mobility category can also look forward to the individual winner package from Wieland Ventures: an invitation to a two-day "innovation boost" at the Wieland Group plant in Ulm. For the winners, this means that they meet experts and important key persons in the mobility area at Wieland and gain insight into sales, strategic business planning and R&D.
Efficient and economical solutions for water heating and air conditioning
From March 13 - 16, "Wieland Thermal Solutions" presented its new products at the Wieland Group stand at this year's Mostra Convengno Expocomfort in Milan. For the first time, Wieland Thermal Solutions presented the proven medium-high finned tubes of the GEWA-D brand made of carbon steel for cost-effective and energy-efficient water heating and solar supply. Solutions for greater efficiency in heat pump systems and a special heat exchanger for boat air conditioning were also exhibited. As a further innovation, highly enhanced titanium tubes were presented that offer maximum reliability in all water qualities and enable significantly higher energy efficiency and a more compact design for shell-and-tube heat exchangers.
Wieland posts record results and expects further profitable growth
In the fiscal year 2016/17 (1 October 2016 to 30 September 2017), the Wieland Group’s sales volume rose by 5 percent year-over-year to 485,000 tons. The main growth drivers were the sales markets in Europe and China. Due to strong market demand and a copper price level, total sales increased by 18 percent to 3.0 billion Euro (previous year: 2.5 billion Euro). The operating profit (EBITDA) reached a record level of 190 million Euro, an increase of 16 percent versus the previous year (164 million Euro). The improvement was driven by a higher value-added product mix, increased sales volume as well as operational efficiency gains. The development of foreign currencies, in particular the declining USD, impacted results negatively.