Trelleborg inaugurates new facility in Brazil for the manufacture of products for deep-sea oil and gas extraction

Date: 13.09.12

Today, Trelleborg officially inaugurates its newly constructed facility in Macaé, Brazil. The facility will develop, manufacture and supply high-performance polymer and syntactic foam-based solutions for the offshore industry, such as various buoyancy products. It will also feature the world’s largest hydrostatic pressure testing vessel for products used in deep-sea environments.

“Brazil has quickly become a highly attractive country for us with such growing markets as offshore oil & gas, infrastructure, agriculture, mining and the graphics industry. As a result, we have made a Group decision to increase our presence and customer support in the region. We will come closer to the epicenter of events in selected segments, and closer to our existing and potential new customers. Both our production and technical support located in the country will expand,” says
Peter Nilsson, President and CEO of Trelleborg.

“Following the major oil and gas discoveries that have been made off the coast of Brazil in recent years, it is a logical step to increase our presence and customer support in this key region. The Brazilian market is attractive for its significant long-term growth opportunities for our offshore business and because this facility further reinforces our strong global platform. The new facility demonstrates our strong dedication to manufacturing within Brazil,” says Fredrik Meuller, President of Trelleborg Offshore and Construction, which is part of Trelleborg Engineered Systems business area.

The inauguration on September 13 will be attended by guests from all over the world, including local and regional government officials and customers, as well as management and personnel from Trelleborg.

Trelleborg has several production facilities in Brazil: in Macaé, Santana de Parnaíba and São José dos Campos. These facilities produce a wide range of Trelleborg’s specially manufactured polymer technology-based products and solutions, such as buoyancy products for offshore oil & gas, oil hoses, printing blankets and precision seals. In addition, there are several sales offices to effectively cultivate the local markets. In 2011, Trelleborg had about 1,000 employees in Brazil and sales totaled approximately SEK 1,200 M.

For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67094, 46 (0)733 747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46 (0)708 665140, christofer.sjogren@trelleborg.com

Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of about SEK 22 billion, with about 15,500 employees in over 40 countries. The Group comprises three business areas: Trelleborg Sealing Solutions, Trelleborg Wheel Systems, and Trelleborg Engineered Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of SEK 13 billion and about 8 000 employees in 17 countries. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the NASDAQ OMX Nordic List, LargeCap.
www.trelleborg.com

Press release