German manufacturer of moulded engineering plastics components, Schwartz GmbH Technical Plastics, has been renamed Röchling Industrial Xanten GmbH following its takeover by the Röchling Group late last year.
Röchling, which is incorporating the Xanten, Germany-based company into its Industrial Division, said the name change is part of an ongoing integration process that will also include the investment of a “larger six-digit sum” at the newly acquired facility to turn it into a competence centre for moulded cast in the future.
Röchling's new Xantan subsidiary produces custom-made technical plastics for use in machine construction.
The company specialises in the production of high impact resistant plastics and large-sized and complex components – such as sheaves, pulleys and heavy-duty special castings - made of plastic materials like PA6G, PA12G and POM.
The plastic processor has four production sites in Germany, the Czech Republic, China and the US, and employs 240 people.
With the integration of the new company, Röchling expects to generate growth as a result of access to new technologies, such as the manufacture of large format cast parts from cast polyamide.
In particular, the Haren, Germany-based plastics company expects to benefit from Schwartz' expertise in conveying and lifting technology, the oil and gas industry, intralogistics and elevator construction, areas in which Schwartz is particularly active.