Supplier Sustainability Engagement

Dear Valued Supplier,
At Tristone, we are committed to fostering sustainable business practices and minimizing our environmental impact. In line with this commitment, we are reaching out to our valued suppliers to encourage collaborative efforts toward reducing carbon emissions and promoting sustainability throughout our supply chain.
Climate change poses significant challenges to businesses worldwide, affecting not only the environment but also economic stability and social well-being. As a responsible corporate citizen, we recognize the need for collective action to mitigate these impacts and transition to a low-carbon economy.
We believe that suppliers play a crucial role in our sustainability journey, and we are committed to working together to achieve our climate goals. By implementing environmentally friendly practices, optimizing energy efficiency, reducing waste, and sourcing sustainable materials, we can make a tangible difference in reducing greenhouse gas emissions in terms of climate change and preserving natural resources.
To support our mutual commitment to climate action, we invite you to join us in adopting the following initiatives:

• Carbon footprint assessment: Conduct a comprehensive assessment of your organization's carbon footprint to identify areas for improvement and set reduction targets.
• Energy efficiency measures: Implement energy-saving technologies and practices to reduce energy consumption and greenhouse gas emissions in your operations.
• Renewable energy sourcing: Explore opportunities to transition to renewable energy sources such as
  solar or wind power to power your facilities and operations.
• Supply chain sustainability: Work with sub-suppliers and sub-contractors to promote sustainability throughout your supply chain, including responsible sourcing and waste reduction efforts.
• Continuous improvement: Commit to regularly reviewing and updating your sustainability initiatives, training your employees to ensure ongoing progress and alignment with best practices.

By collaborating with suppliers who shares our commitment to sustainability, we can create a more resilient and environmentally responsible supply chain that benefits our businesses, our communities, and future generations.
Since 2024, Tristone will introduce the sustainability as one of the criteria related supplier’s evaluation and panel definition. Tristone is also committing a prompt cooperation with suppliers on identify and implement sustainability measures.
We look forward to collaborating with you on these important initiatives and exploring new opportunities to
advance our shared sustainability goals.
Thank you for your partnership and dedication to building a more sustainable future.

Sincerely,

Gian Franco Buscemi
Vice President Purchasing

Tristone Flowtech Group with record sales in 2023 vs previous years

Tristone Flowtech Group, with its headquarter located in Frankfurt am Main (Germany), part of the Chinese Anhui Zhongding Group since 2017, confirmed sales (preliminary non-audited results) of 500M EUR, continuing the trend to report year-on-year a new record in sales revenue. The final (non-audited) turnover of 2023 reached +11,3% above previous year.

In addition, Tristone´s was able to secure the highest order intake in its history in 2023. Those business awards were well balanced between battery cooling product families and normal combustion engine cooling.

“Maybe one of the most challenging years has just finished, as 2023 was full of obstacles, such as high inflation, increasing prices for bought in components and quite substantial energy cost increases. Tristone has maintained a stable supply chain within all regions and kept positive earnings based on its unaudited financials in 2023. The key success factor that helped achieving the set goal was to strongly execute the cost effectiveness throughout the Tristone group which was also cascaded down to the whole supply chain.
A double digit growth in the past years shows Tristone´s market positioning and the willingness and knowledge to support our OEM´s with innovative solutions in all kinds of cooling applications of the vehicles.” Statement by the new Management Board of Tristone Group: Hua Wei - President & CEO, Marta Martinez - CFO and Alberto Cortesi - COO.

Tristone Group is expecting a further growth in revenue of +4,4% in 2024 compared to 2023. This growth is driven by ongoing start-ups in China, Europe, North America, and India, including new products and applications with new patented technology. This will lead to a total revenue expectation of 523 million Euro in 2024.

Frankfurt/ Germany: TRISTONE Flowtech Group reached 2023 an annual unaudited turnover of 500M EUR with 6.209 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of battery cooling, engine cooling, as well as air charge and air intake with manufacturing and development locations in China, Czech Republic, France, Germany, India, Italy, Mexico, Poland, Slovakia, Spain and Turkey.

The Group is supplying to the largest automotive OEMs, as well as some Tier I suppliers.

Effective February 22, 2017, the Group is part of the Chinese Anhui Zhongding Group, Ningguo.

www.tristone.com
Tristone Flowtech Holding SAS • Rue de Tertre ZI Nantes, F-444 74 Carquefou Cedex, France
Tel: +33 240 686 478 • Fax: +33 240 252 530
SIREN: 522 609 841

RUSSIAN SANCTION: IRON AND STEEL PRODUCTS

Dear Supplier,

As you already be aware, in 2022 EU imposed prohibitions on dealing with certain iron and steel products which were consigned from, or originated in Russia, including a prohibition on import into the EU of such product.

On June 23, 2023, as part of the 11th sanctions package the restrictive measures were intensified and will include the sanctioning of circumvention imports of these products from September 30, 2023. Since this date, it will no longer be permitted to directly or indirectly import or purchase the iron and steel products listed in Annex XVII that have been processed outside the EU. These restriction may impact our, and your, supply chain.

Product falling within the scope of the prohibitions can be found here (each as amended from time to time):

Annex XVII of the EU Regulation:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02014R0833-20231001

More information can be found here:
https://finance.ec.europa.eu/eu-and-world/sanctions-restrictive-measures/sanctions-adopted-following-russias-military-aggression-against-ukraine/frequently-asked-questions-sanctions-against-russia_en

Expectation:
Compliance with applicable laws and regulation is of utmost importance to our business. As a committed and valued supplier of Tristone, we trust and expect that you will continue to exercise due diligence in monitoring the origin and quality of the products that you supply to us, and that shall take appropriate actions  throughout your supply chain (without delay) to maintain compliance with, and ensure we are not exposed to a risk breaching, these upcoming regulations.

We reserve the right to report any damage incurred by Tristone Flowtech Group as a result of non-compliance with the legal requirements and to pursue relevant recourse against you accordingly.

Please confirm your acknowledgment of this letter contacting your Purchasing Commodity Buyer until September 28, 2023.

Dear Supplier,

Please be noticed that we have updated our “Code of Conduct” and added an “Responsible Sourcing of Minerals” Policy. Please find the details in the section of DOWNLOADS.

Tristone - Downloads

In case there is a question, please get in contact with your Tristone Commodity Lead-Buyer.

Tristone Flowtech Group with higher sales in 2022 vs previous years and strong market headwind

Tristone Flowtech Group, located in Frankfurt am Main (Germany), part of the Chinese Zhongding Group since 2017, confirmed sales (preliminary non-audited results) of 444M EUR, continuing the trend to report year-on-year a new record in sales revenue, despite the very high global automotive market volatility and headwind. The final (non-audited) turnover of 2022 reached +26,2% above prior year and +5,5% above 2022´s original budget.

Furthermore, and according with Tristone´s overall market and product strategy, 57% of the total new business awards received in 2022 were in the battery cooling product family, clearly aligned with the market and the OEM´s impulse to promote further vehicle electrification.

“After the most turbulent year many of us remember, 2022 was a hard one to manage the very strong challenges and tensions in raw material markets, big volatility in the incoming orders from some of our customers and an additional unnexpected impact from utilities and big inflation. Tristone has maintained the supply chain stability in all regions and keep positive earnings, based on our unaudited 2022 financials. A solid and healthy distribution of our customer base and product offering, has been key for Tristone to keep our growth and stability during this difficult year. Our market positioning with the right products supporting the vehicle electrification, is key to maintain our financial stability, growth and positive results”, confirmed the Management Board of Tristone Group: Ignacio Salazar - President & CEO, Hua Wei - CFO and Alberto Cortesi - COO.

Tristone Group is expecting a further growth in revenue of +11% in 2023 compared to 2022. This growth is driven by ongoing start-ups in China, Europe, North America, and India, including new products and applications with new patented technology. This is leading to a total revenue expectation of 497 million Euro in 2023.

Frankfurt/ Germany: TRISTONE Flowtech Group reached 2022 an annual unaudited turnover of 444M EUR with 5.856 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of battery cooling, engine cooling, as well as air charge and air intake with manufacturing and development locations in China, Czech Republic, France, Germany, India, Italy, Mexico, Poland, Slovakia, Spain and Turkey.
The Group is supplying to the largest automotive OEMs, as well as further Tier I suppliers.
Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo.

Our Statement: TSTRADINGS

We, the Tristone Flowtech Group are a global tier 1 supplier and development partner of engine & battery cooling and air charge applications for the automotive passenger car industry. We operate in the sections of research, development, production, and sales of rubber and plastic products for vehicles. Our headquarter in Frankfurt am Main operates with 3 Managing Directors.
The details can be found accordingly on our homepage: https://www.tristone.com/

Recently, our attention was drawn to the website “TSTRADINGS”. This company has taken our information of the imprint and is acting with the names of our Managing Directors. That is a form of identity theft. We have forbidden the use of our imprint and the identity of our managing directors, and we have filed a complaint accordingly.

We explicitly distance ourselves from this copy and the company or website based on it. “TSTRADINGS" is not one of our companies. Tristone Flowtech confirms herewith no relationship with “TSTRADINGS” and remarks over this note, that no-authorization from our end to use anything related to Tristone Flowtech has been provided.

At present, this company is increasingly sending links via Telegram or WhatsApp to individual users. These links invite users to make investments. We as Tristone Flowtech distance ourselves from this and can only warn against investing here. Any activity from “TSTRADINGS” is out of Tristone Flowtech´s control and responsibility.

Moreover, we point out that we, Tristone Flowtech, are a global tier 1 supplier and development partner for the automotive passenger car industry. We, Tristone Flowtech, do not operate in investments, cash management, crypto, gold, etc.

We have already forwarded the matter to the responsible police department for further prosecution. If you are one of the users who received such a link, please do not hesitate to contact us. Any information will help us in the prosecution. In case you have not received a link, but a similar request from "TSTRADINGS", then we would be pleased to be contacted in this case as well.

Please refer to my signature for contact details.

Thank you for your understanding.

www.tristone.com

Katharina Jäger, Public Relations
Office of the CEO
Tristone Flowtech Group
+49 (0) 69 904 300 100
Katharina.jaeger@tristone.com

Our Statement: Tristone Finance

We, the Tristone Flowtech Group are a global tier 1 supplier and development partner of engine & battery cooling and air charge applications for the automotive passenger car industry. We operate in the sections of research, development, production, and sales of rubber and plastic products for vehicles. Our headquarter in Frankfurt am Main operates with 3 Managing Directors. The details can be found accordingly on our homepage: https://www.tristone.com/

Recently, our attention was drawn to the website “Tristone Finance”. This company has taken our information of the imprint and is acting with the names of our Managing Directors. That is a form of identity theft. We have forbidden the use of our imprint and the identity of our managing directors, and we have filed a complaint accordingly.

We explicitly distance ourselves from this copy and the company or website based on it. “Tristone Finance" is not one of our companies. Tristone Flowtech confirms herewith no relationship with "Tristone Finance" and and remarks over this note, that no-autorization from our end to use anything related to Tristone Flowtech has been provided.

At present, this company is increasingly sending links via Telegram or WhatsApp to individual users. These links invite users to make investments. We as Tristone Flowtech distance ourselves from this and can only warn against investing here. Any activity from "Tristone Finance" is out of Tristone Flowtech´s control and responsibility.

We have already forwarded the matter to the responsible police department for further prosecution. If you are one of the users who received such a link, please do not hesitate to contact us. Any information will help us in the prosecution. In case you have not received a link, but a similar request from "Tristone Finance", then we would be pleased to be contacted in this case as well. Please refer to my signature for contact details.

Thank you for your understanding.

www.tristone.com

Katharina Jäger
Public Relations / Office of the CEO
Tristone Flowtech Group
+49 (0) 69 904 300 100
Katharina.Jaeger@tristone.com

Tristone Flowtech Group with higher sales in 2021 vs previous years despite market headwinds

Tristone Flowtech Group, located in Frankfurt am Main (Germany), part of the Chinese Zhongding Group since 2017, confirmed sales (preliminary non-audited results) of 352M EUR despite significant volatility and headwinds in global automotive market. The non-audited turnover of 2021 reached +9,3% above prior year, heading for a new record in sales revenue.

Furthermore, and according to Tristone´s overall market and product strategy, “77% of the total new business awards received in 2021 were in the battery cooling product family, clearly materialising its alignment with the market and the OEM´s continued strive to promote sustainability by reducing emission”, confirmed Bernd Bitter, Group Vice President Sales and Marketing.

“After a very turbulent 2021 with substantial challenges coming from the tensions in the raw material markets, big volatility in the incoming orders from some of our customers, and still the effects of the global pandemic situation, Tristone has managed to maintain supply chain stability in all regions and keep positive earnings before tax, based on our unaudited 2021 financials. A solid and healthy distribution of our customer base and product offering has been key for Tristone to keep our growth and stability during this difficult 2021. Our market positioning with the right products in vehicle electrification has clearly supported our growth and results” said Ignacio Salazar, President & CEO of Tristone Group.

Tristone Group is expecting a steep sales growth of +19% in 2022 compared to 2021. This growth is driven by ongoing start-ups in China, Europe, North America, and India, including new products and applications with new patented technology. This is leading to a total revenue expectation of more than 420 million Euro in 2022.

Frankfurt/ Germany: TRISTONE Flowtech Group reached 2021 an annual unaudited turnover of 352M EUR with 5.373 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of battery cooling, engine cooling, as well as turbochargers with manufacturing and development locations in China, Czech Republic, France, Germany, India, Italy, Mexico, Poland, Slovakia, Spain and Turkey.
The Group is supplying to the largest automotive OEMs, as well as further Tier I suppliers.
Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo.

Tristone Flowtech Group with higher sales in H1 2021 vs budget despite market volatility

Tristone Flowtech Group, located in Frankfurt am Main (Germany), part of the Chinese Zhongding Group since 2017, confirmed higher sales versus budget in the first half of 2021 despite very high global automotive market volatility.

In line with its growth plan, but also supported by the substantial effects from the pandemic in 2020, the turnover in the first half of 2021 reached +39,8% above prior year.

Furthermore, and in line with Tristone´s overall market and product strategy, 70% of the total new business awards received in the first half of 2021 were in the battery cooling product family. “Tristone is fully committed to comply with all sustainability directives as well as customer expectations in this field. We have created a cross functional team fully dedicated to succeed in this mission from all different perspectives”, confirmed Bernd Bitter, Group Vice President Sales and Marketing.

“After a very turbulent first half of 2021 with significant challenges coming from the tensions in raw material markets and the big volatility in the incoming orders from some of our customers due to the semi-conductors crisis, Tristone has nevertheless managed to maintain supply chain stability in all regions. We´re very happy to have a solid and healthy distribution of our customer base, supporting the company´s stability in volatile times. We´re very thankful to our customers, allowing us to keep our growth even in difficult times and acting as real partners with us. Without their trust in our company, we would not be able to reach our targets. Being a full design partner to the OEMs allows us to provide the necessary added value and helps us to promote new products and technologies linked to the very fast penetration in vehicle electrification”, said Ignacio Salazar, President & CEO of Tristone Group.

At the same time, Tristone Flowtech Group is proud to announce that its Mexican plant recently received the highly acknowledged “GM Supplier Quality Excellence Award 2020 for outstanding quality performance”. “We feel honoured to receive this award for our outstanding quality performance from our Mexican plant in 2020, particularly in light of the very challenging year for the industry relating to the COVID-19 pandemic”, said Thomas Lowak, Vice President Quality.

Tristone Group is expecting a steep sales growth of +21% in 2021 compared to 2020. This growth is driven by ongoing start-ups in China, Europe, North America, and India, including new products and applications with new patented technology. This is leading to a total revenue expectation of more than 380 million Euro in 2021.

Frankfurt/ Germany: TRISTONE Flowtech Group reached 2020 an annual turnover of 322M EUR with 6.090 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of battery cooling, engine cooling, as well as turbochargers with manufacturing and development locations in China, Czech Republic, France, Germany, India, Italy, Mexico, Poland, Slovakia, Spain and Turkey.
The Group is supplying to the largest automotive OEMs, as well as further Tier I suppliers.
Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo.

Tristone Flowtech Group with record in turnover and business awards in 2020 despite pandemic

Tristone Flowtech Group located in Frankfurt am Main, part of the Chinese Zhongding Group since 2017, confirmed a sales record in 2020 with 322 million Euros total annual sales as well as 151 million Euros new business awards (based on average sales per year) from customers. The sales growth of +7,7% compared to prior year includes the activities of the Group’s acquisition of a second facility in China in January 2020.

Following Tristone´s strategy, 50% of the total business awards were received in the battery cooling product family, clearly reflecting Tristone´s strategic plan, its alignment with the market and the OEM´s impulse to promote sustainability by reducing CO2 emissions. “We are very proud of this achievement, having again outperformed the records achieved during the past years. For the second time in a row, we´ve managed to break the 100 million Euro new business awards barrier, having reached this year a new record of 151 million Euro”, said Bernd Bitter, VP Sales and Marketing.

“After a very difficult year with an average production drop of -22% in the markets where Tristone is present, our company has managed to increase the sales level versus prior year. Our positioning in battery cooling applications has been key to reach these results and growth above the market average. The amount of business already booked for the future years gives us an excellent basis to further develop our Group according to our strategy and shows that we are following the right technology trends with suitable solutions for our very valued customers. We´re also very happy to count on a strong Shareholder, Zhongding Group in China, supporting the group and way forward”, said Ignacio Salazar, President & CEO of Tristone Group.

”We are particularly proud to have maintained overall positive earnings before tax based on our unaudited 2020 financials, despite the tremendous negative impact of the global COVID-19 pandemic to the automotive sector and the associated demand volatility and rolling global shutdowns. With a closing equity ratio of 34%, and the strong support of both its lenders and shareholder, there is a solid base to start 2021.”, added Sonja Rossteuscher, Group CFO.

Tristone Group is expecting a further steep sales growth of +21% in 2021. This growth is driven by ongoing start-ups in China, Europe, NAFTA, and India, including new products and applications with new patented technology. This is leading to a total revenue expectation of 385 million Euro in 2021.

Tristone Flowtech Group with record in business awards in the first half of 2020

Despite a tough first half year in the automotive industry due to the Covid-19 pandemic, Tristone Flowtech Group confirmed a new record in business awards in the first half of 2020, with 122M EUR sales per year from global customers, following the trend from previous years.

In line with Tristone´s strategy, over 60% of the total business awards have been received in the Battery Cooling product family, clearly reflecting the alignment with the market trend and impulse from the OEMs to promote sustainability, one of Tristone´s core values.

Tristone follows a clear strategy focusing growth outside of Europe, supported effective January 1, 2020 by the completion of a share purchase transaction for Anhui Zhongding Rubber Hose Products Co. Ltd, Ningguo from Anhui Zhongding Sealing Co. Ltd., Ningguo. The process is already finished and the company has been renamed Anhui Tristone Flowtech Ltd..

‘Despite a turbulent first half of the year, the Group has managed to maintain its positive momentum, materialized among others in our record-level new business awards. The high amount of booked businesses for the years to come guarantees a robust development plan aligned with the required technical solutions expected from our customers. Tristone continues to grow above the market average, with our geographic expansion being a key driver. This is visible in our 2020 year to date business awards, with 57% and 11% being awarded in China and NAFTA respectively. Being a design partner for our customers positions our Company as value-added supplier to our global OEM customer base’, said Ignacio Salazar, President & CEO of Tristone Group.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of engine and battery cooling as well as air charge systems. The Group is benefiting from the trend towards space and fuel consumption reductions with the introduction of alternative plastic-based materials, as well as the introduction of new powertrain concepts for hybrid and electrical cars and the integration of fluid engine and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group reached 2019 an annual turnover of 299M EUR with 4.159 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.

The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the largest automotive OEMs, as well as further Tier I suppliers.

Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo.

Retirement Günter Frölich as CEO & President and move to Advisory Board Ignacio Salazar new CEO & President of the Group

Tristone Flowtech Group, Frankfurt/M. Germany: The company reports that Günter Frölich retires at the age of 62 years and will leave the Group effective June 30, 2020 after more than nine years successful service in this position. Frölich will move to the Advisory Board of the Group effective July 1, 2020.

His successor will be Ignacio Salazar, so far Senior Vice President Sales and Marketing. He will take over the position of CEO & President of the Group effective June 1, 2020. Mr. Salazar joined the company in February 2013.

During the last decade, Tristone Flowtech Group was developed from a local player in the automotive fluid business being only present in Europe to one of the global automotive supplier group in the dedicated business fields of fluid for engine and battery cooling as well as air charge applications. The Group is now doing business with most of the global OEMs with twelve production plants and sales and engineering companies in Europe, NAFTA, China and India supported by central engineering development and service companies in Europe. During this time, the sales of the Group could nearly be tripled to plan above 400 Mio Euro in 2020 and employment doubled to 5.500 employees.
Recently the Group has been successfully moved through the pandemic crisis and the production in all plants has successfully restarted together with the restart of the automotive passenger car customers.

With the successful acquisition of Anhui Tristone Flowtech Ltd in China, Ningguo in January 2020 and the following completed successful integration, the company could recently improve the market position in China significantly in addition to the already good market position in Europe and NAFTA. With the high order book on hand and the strong technical position especially towards hybrid and electrical passenger cars, the company is expecting despite the pandemic effects an one digit growth in sales 2020.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of engine and battery cooling as well as air charge systems for the automotive passenger car industry. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid applications for engine and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2019 an annual turnover of 300 Mio Euro with 4.195 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.

The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, DS, Opel and Vauxhall, Fiat Chrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, Jaguar Land Rover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers.

Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Flowtech Group with partial unemployment across Europe, NAFTA and India Public and industrial shut down measures in Europe and especially in Germany due to COVID-19 pandemic need to be lifted soon

Tristone Flowtech Group, Frankfurt/M. Germany: The company reports implementation of substantial partial unemployment and plant shutdowns measures since end of March in five out of seven production plants across Europe. This includes the company’s plants in Italy, Spain, France, Poland and Slovakia. Beginning this week, both plants in the NAFTA region, in Mexico and US, are also in shutdown.Tristone’s plant in India has been also in shutdown since mid-March due to the Corona pandemic forced a public nation-wide lock down . The plant shutdowns will continue for at least one to two weeks, and as long as four weeks depending on the customer portfolio and the location of the plant. Both of the company’s plants in China are running again nearly on the planned level which is helping in the current situation.

In addition, partial unemployment and similar measures could be also agreed with the workers council in Germany for the group headquarter, as well as in the Shared Service Center in Czech Republic, the Engineering Center in France and the Sales and Engineering Center in the USA.

“This means, that at the moment roughly 4.000 employees are on forced vacation and partial unemployment out of the 5.200 employees in our 12 production plants and 17 legal entitities around the world. At the moment we are not considering to release temporary staff in our production plants and central service companies, but this would be the next step if the situation would continue“ so Günter Frölich, CEO & President of the Group.

“Now it is important, that clear decisions will be taken soon from the different governments in some European countries, mainly in Germany, but also in Italy, Spain and France to lift the public shutdown measures soon. Looking especially at the situation in Italy, where four weeks of rigorous public shutdowns and curfews have only yielded minimal reductions in the number of new infection with the virus. I can’t imagine, that this is in any relation to the economic damage for the public communities and states in the different countries, as well as the financial damage of our company,“ so Günter Frölich CEO & President of the Group. It is also interesting to see, that some countries in Europe, like Switzerland, Netherland and Sweden are dealing with this situation more pragmatically and avoiding a public shutdown, as is the case in Korea, Japan and Taiwan.”

The Group has reached year-to-date February 9,2 % organic sales growth versus prior year in line with plan. Including the recent acquisition in China, year to date February sales are 18,3 % higher versus prior year. After the sharp drop on sales due to the public shutdown measures and the shutdown of most of the OEM plants in Europe since Mid of March, we have reached ytd March now still a small increase of sales of 2,0 % versus prior year instead of the planned 12,0 % higher sales, including the recent taken acquisition sales are 9,5 % higher versus previous year.

“Originally the Group has foreseen a sales growth in 2020 of 33% versus prior year to 400 Mio EUR including the recent acquisition. It is at the moment hard to predict the impact of the next weeks, but we assume at the moment that three will be a slow recovery of the economy starting end of April in Europe and beginning of May in NAFTA. With our Group equity ratio of 40 % and the solid cash position, we expect to manage the current crisis without financing support of the German government excluding usage of extended partial unemployment and tax regulations.”, so Sonja Rossteuscher-Schütze, CFO of the Group.

Effective January 1, 2020 a share purchase transaction has been completed with the purchase of Anhui Zhongding Rubber Hose Products Co. Ltd, Ningguo from Anhui Zhongding Sealing Co. Ltd., Ningguo contributing roughly 38 Mio Euro additional sales with roughly 500 employees. In the meantime the company has been already integrated in the Group and had been renamed in Anhui Tristone Flowtech Ltd.,located in Ningguo/China.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems for the automotive passenger car industry. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2019 an annual turnover of 300 M€ with 4.195 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, DS, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers.

Effective February 22, 2017, the Group is part of the chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Flowtech Group reports yet another successful participation in the 15th Auto Expo Components Exhibition at New Delhi, from February 6-9, 2020 at the Pragati Maidan

As one of the market leaders in his business segment, Tristone Flowtech Group has successfully expanded its customer support network and operations from the European region also to the region of India, which will be the 5th biggest economy in the world in 2020.The company is already present in India at Pune, with a well-established plant, catering to Engine Cooling solutions with products like hoses, surge tanks, resonators.

Tristone exhibited current and future technical solutions in the areas of engine & battery cooling solutions. Demonstrative working models of innovative battery cooling solutions for hybrid cars was one of the highlight of the stand.

Even though the average footfall in the Auto Expo Components 2020 show appeared lower than the previous years, over 70 visitors from Local OEMs like Maruti Suzuki India Limited, Mahindra & Mahindra, Tata Motors and Hyundai India as well as Global OEM´s used the opportunity to visit the Tristone stand and discuss about the product offerings, its technological advantages, together with the newest developments in engine and battery cooling applications.

The visitors expressed keen interest with specific questions covering future e-Mobility solutions from Tristone towards hybrid and e-vehicles and usage of plastic pipes in place of metal / rubber.

Enhancing the global support towards the local entity, Tristone Flowtech India Pvt. Ltd. experts from the Headquarters in Germany were also present to inform the overall 150+ visitors to the Tristone stand, about the Tristone product portfolio and newest design activities.

With the established foothold in the country, the stand also witnessed visitors from local and global suppliers willing to support the growth of Tristone in India by offering further potentials of localization.

‘With the decision of the Indian Government to promote electric vehicles going forward, we strongly believe that it is the right time to show the local OEM´s in India our world class portfolio in battery and engine cooling applications as one of the consolidated market leaders in this technology. The extraordinary response from our customers shows that our plant in India/Pune is well positioned and with best in class quality and operational performance this new plant will play an important role in our global growth strategy’, said Ignacio Salazar, Senior VP Sales & Marketing.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of engine and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2019 an annual turnover of 300 M€ with 4.195 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China. The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, DS, Opel and Vauxhall, Fiat Chrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, Jaguar Land Rover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers. Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Flowtech Group with record in business awards 2019

Tristone Flowtech Group located in Frankfurt/M. confirmed a new record in business awards in 2019, with 105M EUR sales per yearfrom global automotive OEM Customers.

Following Tristone´s strategy, 45% of the total business awards were received in the Battery Cooling product family, clearly reflecting the alignment with the market trend and impulse from the OEMs to promote sustainability, one of Tristone´s core values.

“We´re very proud and happy of this achievement, exceeding the records reached during the past years. For the first time, we´ve managed to break the 100M EUR barrier, elevating the Company to the next level”, said Ignacio Salazar, Senior VP Sales and Marketing.

“This success supports the continuous growth above the market average. The amount of business already booked for the next years give us an excellent basis to further develp our Group and shows that we are following the technology trends with our solutions for the automotive passenger car market”, said Günter Frölich, President & CEO of Tristone Group.

Effective January 1, 2020 a share purchase transaction has been completed for Anhui Zhongding Rubber Hose Products Co. Ltd, Ningguo, from Anhui Zhongding Sealing Co. Ltd., Ningguo. The process is ongoing to rename the company in Anhui Tristone Flowtech Ltd., located in Ningguo.

Tristone Group is expecting a sales growth of close to 20% in 2020 not including the recent acquisition in China. This growth is mainly driven by ongoing start-ups based on previously booked business with the global OEMs in Europe, NAFTA, China and India, despite the weaker automotive business in some markets.

With the concluded acquisition of this additional production company in China, Tristone is expecting now total sales of approximately 400 Mio Euro in 2020.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2019 an annual turnover of 306 M€ with 4.195 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, DS, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls- Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers.

Effective February 22, 2017, the Group is part of the chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Group acquires further Automotive Supplier Company in China, Ningguo

Tristone Flowtech Group located in Frankfurt/M. informed, that effective January 1, 2020 a share purchase transaction has been completed with the purchase of Anhui Zhongding Rubber Hose Products Co. Ltd., Ningguo from Anhui Zhongding Sealing Co. Ltd., Ningguo. The process is ongoing to rename the company in Anhui Tristone Flowtech Ltd., located in Ningguo.

Anhui Zhongding Rubber Hose reached in 2019 sales of 34 mio Euro mainly with engine and battery cooling hoses as well as air charge hoses with local chinese OEMs and has 544 employees. The company is expecting in 2020 a sales growth of 10% to 38 mio Euro.

‘The intention behind this acquisition is to strengthen in our business fields engine and battery cooling systems as well air charge systems core Tristone activities in China and to access also the local chinese OEM automotive passenger car market‘, so Guenter Froelich, President & CEO, Tristone Group.

‘With our two production plants in China in Ningguo and Suzhou, Tristone Group will be in a position to offer a broader product portfolio in our business fields, being a full system supplier and design partner to our global OEM customers in China as well as the local Chinese OEMs. Our product portfolio will include not only engine cooling hose systems, but also air charge hose systems, wrapped turbocharged hose systems, plastic PA pipe systems and plastic surge tanks. In a next step, Tristone will be in a position to produce in the chinese market also plastic quick connectors, plastic ducts as well as automated produced engine cooling hoses with Creatube.’

‘The purchase price of this Zhongding internal acquisition could be completely financed with equity’, so Sonja Rossteuscher-Schütze, CFO of the Group.

Tristone Group is expecting in 2019 a sales growth versus prior year of +5 % to 306 mio Euro and a sales growth of close to 20% to 364 mio Euro in 2020 not including the recent acquisition in China, mainly driven by ongoing start-ups based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets.

With the concluded acquisition of this additional production company in China, Tristone is expecting now total sales above 400 mio Euro in 2020.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 295 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China. The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, DS, Opel and Vauxhall, Fiat Chrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls- Royce, Daimler with Mercedes, Smart, Jaguar Land Rover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers. Effective February 22, 2017, the Group is part of the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Group with sales up 6 % in first nine months despite declining markets

Tristone Flowtech Group located in Frankfurt/M. communicated a sales growth of +6 % versus prior year in the first nine month of 2019 to 222.4 Mio Euro (prior year 209.6 Mio Euro) despite declining automotive passenger car markets mainly in China, Europe and partially in NAFTA.

‘This sales growth is again a strong signal in declining markets, where most of our OEM customers and the other market participants are faced with declining sales’ so Guenter Froelich, President & CEO, Tristone Group. ‘This positive sales growth is driven by Tristones broad OEM customer portfolio in the different regional markets and our strong market position in our business fields. In addition, we are highly satisfied with very high business awards of close to 92 M€ annual sales with a share of more than 42 % for battery electric or hybrid passenger cars. At the same time, we recognize the challenging overall market situation is impacting all players. Related to this, we are seeing a first example of a OEM trying to use their market position to ignore contractual obligations towards our Group.’

‘The changed market environment and the costs for the new plants in start-up in the USA and India as well as the high number of program start-ups caused a drop of the Group’s EBIT profitability below prior years. As a consequence, we will be reducing our high investment level’ so Sonja Rossteuscher-Schuetze, CFO of the Group.

The Group is expecting now a sales growth versus prior year of +7 % in 2019 to 311 Mio Euro and a sales growth of +17 % to 364 M€ in 2020 mainly driven by ongoing start-ups based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets.

In August 2019, the new production plant in Mooresville, North Carolina, USA started with serial production for the first OEM customer in US. Further manufacturing start-ups are in preparation in the new plant and are expected during the coming quarters.

In June 2019, the Group opened its expanded facilities in Walbrzych, Poland, with an expanded plastic plant as well as central engineering laboratory. In addition, the groundbreaking of a further plant expansion of 6.200 m2 manufacturing and logistic space was held, which will double the hose production capacity in the next years in Tristone Poland. The production plant in Poland is delivering to a broad range of global automotive passenger car customers including Ford, Volvo, RSA, Nissan, FCA, PSA, Daimler, BMW, Suzuki, JLR, and Ferrari.

In April 2019, the Group opened a further new production plant in Mooresville, North Carolina, USA to support the NAFTA market with its automotive customer plants in US and Canada in addition to the existing production plant in Mexico. It will host hose production as well as, in a next step, plastic pipe and plastic surge tank production for engine and battery cooling applications for major OEMs.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 291 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China. The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers. Effective February 22, 2017, the Group was purchased by the chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone USA plant in Mooresville, State North Carolina

Tristone Group with sales growth of 3,0 % in H1 2019 despite difficult markets

Tristone Flowtech Group located in Frankfurt/M. communicated a sales growth of 3,0 % in the first half-year 2019 to 149,9 Mio Euro (Prior year 145,5 Mio Euro) despite headwinds from declining passenger car automotive markets mainly in China, India and partially in NAFTA and Europe.

‘The sales growth would have been even close to 5,0 % in the first half-year excluding negative foreign exchange impacts’ so Günter Frölich, President & CEO, Tristone Group. ‘This is a strong sign in a market situation where most of our OEM customers and competitors are faced with no sales increase or lower sales. This is also driven by TRISTONEs broad OEM customer portfolio including in the meantime nearly all global OEMs. The EBIT profitability of the Group is still on a good level but below prior years mainly caused by start-up costs of the new plants in the US and India as well as significant new program start-ups.

‘The Group is with a strong equity ratio of 36,6 % at the end of the first half-year 2019 despite significant investments in new plants and equipment to host new program start-ups in the coming months’, so Sonja Rossteuscher-Schütze, CFO to the Group.

The Group is expecting to grow by 9 % in 2019 to 317 Mio Euro mainly driven by start-ups in the second half-year based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets.

In June 2019, the Group opened its expanded facilities in Walbrzych, Poland, with an expanded plastic plant as well as central engineering laboratory. The Group spent 3,0 Mio Euro on investments for this expansion. In addition, the groundbreaking of a further plant expansion of 6.200 m2 manufacturing and logistic space was held, which will double the hose production capacity in the next years in Tristone Poland. The Group will spend a further 7,4 Mio Euro investment in Poland in the new expanded hose production (Hall D) for the building as well as machinery and equipment. The production plant in Poland is delivering to a broad range of global automotive passenger car customers including Ford, Volvo, RSA, Nissan, FCA, PSA, Daimler, BMW, Suzuki, JLR, and Ferrari.

In April 2019, the Group opened a further new production plant in Mooresville, State North Carolina, US to support the NAFTA market with its automotive customer plants in US and Canada in addition to the existing production plant in Mexico. It will host hose production as well as, in a next step, plastic pipe and plastic surge tank production for engine and battery cooling applications for major OEMs.

In October 2018, a new production plant in Pune, India started successfully with the production of plastic surge tanks for a leading Indian automotive customer and is preparing further start-ups for plastic surge tanks and engine cooling hose production for automotive customers in India.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 291 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China. The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers. Effective February 22, 2017, the Group was purchased by the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.  

Tristone Group forms new legal entity in Czech Republic for Group Shared Services Center

Tristone Flowtech Group located in Frankfurt/M. held the opening ceremony for its newest legal entity, Tristone Flowtech Shared Services Center Czech Republic s.r.o. in Liberec as an independent legal entity on Monday July, 1, 2019.

Present at the opening ceremony were the local team which was transferred into the new legal entity, the core project team and representatives of Tristone’s senior management.

Since 2010, the Shared Services Center (SSC) supports the Tristone organization globally in core finance and IT processes including treasury management, accounts receivable, accounts payable, and general ledger handling, as well as IT support in the areas of IT infrastructure and certain SAP functions. At opening, the SSC will transfer 30 headcount dedicated to the Finance and IT areas.

“Moving our Shared Services Center into a separate legal entity will support the Group’s growth strategy and strengthen the perception of the SSC as global center of excellence for financial and IT services”, commented Sonja Rossteuscher, Group Chief Financial Officer. “We are excited about this milestone and what it means for our internal readiness to serve a growing internal client base with best-in-class services.”

The Group is expecting to grow 11 % in 2019 to 321 Mio Euro and a further 24 % in 2020 to reach close to 400 Mio Euro revenues, based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 291 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers.
Effective February 22, 2017, the Group was purchased by the chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Group expands Poland Plant and Engineering Laboratory and holds official groundbreaking of a further plant expansion

Tristone Flowtech Group located in Frankfurt/M. held the opening ceremony for the expansion of the plastic production plant and Engineering lab in Walbrzych, District Lower Silecia, Poland and did the groundbreaking of a further plant expansion to double the house production on Wednesday June 19, 2019.

Present at the opening ceremony were representatives of the District of Lower Silesia, the city of Walbrzych, the Walbrzych special economic zone and many representatives of Tristone’s automotive customers.

In April 2018, Tristone Poland started with the construction work to expand its plastic production (Hall B) as well as its central engineering laboratory which could be finalized in February 2019.

‘The Group spent 3,0 Mio Euro on investments in the expanded plastic production facility as well as in machinery and equipment. We could reach with our new plastic pipe products a significant breakthrough in the market in the last years especially for engine and battery cooling applications. ’said Guenter Froelich, President & CEO, Tristone Group. ‘In addition we are very pleased to have today the groundbreaking of a further plant expansion of 6.200 m2 manufacturing and logistic space, which will double the hose production capacity in the next years’.

Tristone Flowtech Group will spend a further 7,4 Mio Euro investment in  Tristone Polond in the new expanded hose production (Hall D)  for the building as well as machinery and equipment. Tristone Flowtech Poland currently employs close to 700 employees and will add further 200 employees in the next two years. The production plant in Poland is delivering to a broad range of global automotive passenger car customers including Ford, Volvo, RSA, Nissan, FCA, PSA, Daimler, BMW, Suzuki, JLR, and Ferrari.   

Tristone is producing in its Poland plant engine and battery cooling hoses, automated engine cooling hoses with Creatube technology, wrapped hoses as well as  single layer and multilayer plastic pipes.  The total manufacturing and logistic space at the moment is 11.100 m2 and the central engineering lab is with 1.600 m2 without offices.

The Group is expecting to grow 11 % in 2019 to 321 Mio Euro and a further 24 % in 2020  to reach close to 400 Mio Euro revenues, based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets

In April 2019, the Group opened a further new production plant in Mooresville, State North Carolina, US to support the NAFTA market with its automotive customer plants in US and Canada in addition to the existing production plant in Mexico. It will host hose production as well as, in a next step, plastic pipe and plastic surge tank production for engine and battery cooling applications for major OEMs.

In October 2018, a new production plant in Pune, India started successfully with the production of plastic surge tanks for a leading Indian automotive customer and is preparing further start-ups for plastic surge tanks and engine cooling hose production for automotive customers in India.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems.  The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany:  TRISTONE Flowtech Group has reached 2018 an annual turnover of 291 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.

The Group was established  based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I  suppliers.

Effective February 22, 2017, the Group was purchased by the chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Some Pictures

Tristone Group adds new US plant in North Carolina

Tristone Flowtech Group located in Frankfurt/M. holds the opening ceremony for its new US plant in Mooresville, State of North Carolina on Wednesday April 17, 2019.
Present at the opening ceremony were representatives of the State of North Carolina, the Iredell County as well as of the town Mooresville and many representatives of Tristone’s automotive customers.

In 2017, the Group started with the preparation and pre-selection of a new US plant located in North Carolina to support its growing business in the NAFTA region and especially in the US and Canada. In January 2018, the Group announced plans to invest $23.6 million together with the investments in the building by the landlord to launch its first manufacturing plant in the United States. On May 16, 2018, the groundbreaking ceremony took place. The Group plans to create more than 300 jobs over the next three years. In December 2018, Tristone occupied the building and is now preparing start of operations by May 2019 for the first automotive customer in US.

‘We are very satisfied to now have a production plant in the US in addition to our production plant in Mexico and our Sales & Engineering center in Detroit to service the NAFTA market. Exactly 11 months after the groundbreaking, a production plant with 16.500 square meters for manufacturing and logistics could be realized and is now ready for serial production’ said Guenter Froelich, President & CEO, Tristone Group ‘With our new plant in the US we can provide additional benefits to our automotive customers located in the US and Canada. The new Mooresville plant brings us much closer to our customers automotive plants and brings benefits to the local community through local employment’.

The new US plant will be the eleventh production plant of Tristone Group, in addition to the existing production plants in Mexico, Poland, Czech Republic, Slovakia, Italy, France, Spain, Turkey, India and China. It will host hose production as well as, in a next step, plastic pipe and plastic surge tank production for engine and battery cooling applications for major OEMs.

The Group is expecting to grow 11 % in 2019 to 321 Mio Euro and a further 24 % in 2020 to close to 400 Mio Euro, based on booked business with the global OEMs in Europe, NAFTA, China and India despite the weaker automotive business in some markets.

In October 2018, the new production plant in Pune, India started successfully with the production of plastic surge tanks for a leading Indian automotive customer and is preparing further start-ups for plastic surge tanks and engine cooling hose production for automotive customers in India.

In April 2017, the Group finalized a manufacturing transfer from its initial facility in Delicias, State of Chihuahua, Mexico to a new, expanded plant in the same city, which has more than doubled the available manufacturing space to 16.500 square meters. The new plant in Mexico is now delivering in serial production to major OEMS including Ford, General Motors, FiatChrysler, VW, BMW as well as some Tier I customers in Mexico, the US and Canada.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as air charge systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 291 M€ with 3.444 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel and Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley and Bugatti, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, JaguarLandrover, Suzuki, Mahindra-Mahindra, Hyundai Kia, Bosch as well as further Tier I suppliers.
Effective February 22, 2017, the Group was purchased by the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Some Pictures

Tristone Flowtech Group located in Frankfurt/M. reports preliminary sales figures on prior year level with 288 Mio Euro and highest business awards ever received.

“In 2018 the Group could maintain the prior year sales level with 288 Mio Euro sales despite a significant drop of passenger car production volume in the III. /IV. Quarter 2018, mainly in China and Europe and despite negative foreign exchange impacts. The Group reached the highest business awards ever with close to 98 Mio Sales per year or 588 Mio sales on lifetime contracts. The business awards with fluid battery cooling applications for Electrical Passenger Cars (BEV) and Hybrid cars are leading to 42 Mio Euro sales per year or lifetime sales of 252 Mio Euro and are spread among 10 global OEMs with 25 different future car platforms. Business awards for battery cooling applications reached 42 % of total awards, demonstrating the very strong position of the Group in this business field”, so Günter Frölich, President and CEO of Tristone Flowtech Group.

“Despite significant R&D development efforts to follow technology trends towards electrification of the powertrain, as well as investments in establishment of new plants in the US and India to cover the future sales and production growth, Tristone achieved a positive Free Cash flow and satisfying overall financial results.’ so Sonja Rossteuscher-Schütze, CFO of the Group.

The sales level is mainly negatively impacted by reduced sales versus prior year in China by 49 % due to weakness of some customers and in the overall market, followed by -0,3 % lower sales in Europe and higher sales in NAFTA by 12 % and small first serial sales in India.

Tristone Group has started the serial production of the first programs in India, supporting the footprint expansion and materializing the first sales in the Indian region.

The Group is expecting to grow 11 % in 2019 to 321 Mio Euro and 24 % in 2020 to 399 Mio Euro due to booked business with the global OEMS in Europe, NAFTA, China and India.

The Group occupied in December 2018 the new US production plant in Mooresville, State North Carolina with a total production and logistic space of 16.500 m2 and is preparing the production start-ups in the next months. The new US plant will be the eleventh production plant in the Group in addition to the existing production plants in Mexico, Poland, Czech Republic, Slovakia, Italy, France, Spain, Turkey, India and China.

In October 2018 the new production plant in Pune, India started successfully with the production of plastic surge tanks for a leading Indian automotive customer and is preparing further start-ups for plastic surge tanks and engine cooling hose production for automotive customers in India.

Tristone Flowtech Group is highly specialized in fluid applications in the areas of engine and battery cooling as well as air charge and air intake systems. The Group is benefiting from the trend towards weight and fuel consumption reduction with the introduction of polyamide materials, the introduction of new powertrain concepts with hybrid and electrical cars, as well as the integration of fluid, engine and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2018 an annual turnover of 288 M€ with 3.445 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico, USA, India and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault with Dacia, Nissan, PSA with Peugeot, Citroen, Opel, Vauxhall, FiatChrysler, Ford, Changan Ford, Volvo, General Motors, VW Group with Audi, Seat, Skoda, Porsche, Bentley, Suzuki, BMW Group with Mini, Rolls-Royce, Daimler with Mercedes, Smart, Jaguar Landrover, Suzuki, Mahindra-Mahindra, Bosch as well as further Tier I suppliers.
Effective February 22, 2017, the Group was purchased by the Chinese Zhongding Group, Ningguo and is continuing to be managed under the same name and corporate structure.

Tristone Flowtech Group: Inauguration of surge tank production line in India plant

Tristone Flowtech Group located in Frankfurt/M. reports the official inauguration of its surge tank production line in India Plant, Pune.

The inauguration of the surge tank production line on November 8, 2017 was done in the presence of senior management of Mahindra & Mahindra and members of senior management of Tristone Flowtech Group. “This marks yet another important milestone in Tristone towards its Indian passenger car automotive customers by fortifying its global presence and moving closer to its customer locations”, so Günter Frölich, CEO and President of the Group. Tristone Group is investing 2,3 Mio Euro for machinery and equipment in its plant in Pune, Chakanover the next two years to establish a complete local production presence for the Indian market. The plant facility is long term rented.

The surge tank line inauguration comes shortly after the opening of the new plant in Pune in September 2016. The start of production for the Indian market is foreseen in early 2018 with plastic surge tank manufacturing and engine cooling hose assembly. In September 2015, a sales and engineering company was initially established in Pune to prepare the market entry.

“Further booked business with global OEMs are already secured, in line with Tristone’s plan to penetrate the Indian passenger car market and to reach a relevant market share in India in the next years”, said Ignacio Salazar, Senior Vice President, Sales and Marketing.

The Tristone plant in Pune, India is spread over 4.180 sqm and will cater to locally produce engine cooling systems using EPDM hoses, plastic surge tanks, plastic resonators and air charge hoses. The staffing of the Indian plant will increase from presently 20 employees to close to 40 employees end of this year and to 100 employees end of 2018.

Tristone Flowtech Group is highly specialized in fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems. Herewith Tristone Flowtech Group is well prepared for the upcoming challenges resulting from e-mobility.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2016 an annual turnover of 248 M€ with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Jaguar/Landrover, Suzuki, Bosch as well as further Tier One suppliers. With closing date February 22, 2017 the Group was taken over in an exit process from the Chinese Zhongding Group Ningguo and will be managed unchanged under the same name.

Tristone Group 2017 with sales up 15 % versus prior year – high year to date business awards for fluid battery cooling applications with global Automotive customers leading to more than 103 Mio Euro lifetime sales.

Tristone Flowtech Group, located in Frankfurt/M. reports very strong first nine months of 2017. Sales record a 15 % growth to 214,2 Mio Euro versus the first nine months of 2016.
Incoming business awards in the first nine months reached 79,5 Mio Euro sales per year and was also above our internal expectations.
The business awards with fluid battery cooling applications amount to 18,7 Mio Euro sales per year and 24 % of the total business awards received in the first nine months. The received business awards with fluid battery cooling applications for Electrical passenger cars (BEV) and Hybrid cars are spread among 10 global OEMS and 1 Battery Manufacturer with 16 different new future platforms and are leading to more than 103 M€ lifetime sales.
The Group is development partner and supplier to the global Automotive customers for all of these business awards.

‘The high share of business awards for fluid battery cooling applications at 24 % of the total business awards are demonstrating again that the Group is clearly benefiting from the market development towards new hybrid and battery electric vehicles. This is especially visible considering that the Group so far is generating only 3 % of sales with fluid battery cooling applications.’ so Günter Frölich, President and CEO of Tristone Flowtech Group.

In 2017 the Group is expecting a continuous growth in sales of above 12 % to 278 Mio Euro.

In April 2017 the Group finalized a manufacturing transfer from its old plant in Mexico, Delicias, to a new plant in Mexico, Delicias, State of Chihuahua, which has doubled the manufacturing space to 16.500 sqm. The new plant in Mexico is now delivering in serial production to Ford, General Motors, FiatChrysler, VW, BMW as well as some Tier I customers in Mexico, the US and Canada. The Group has invested more than 6 Mio Euro in the last two years in the expansion of the manufacturing facility in Delicias, Mexico.

Furthermore, in September last year the inauguration of a new plant in India, Pune took place. Production start for the Indian market is foreseen for early 2018. In September 2015 a Sales and Engineering company in India, Pune was established to prepare the market entry in India.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems. Herewith Tristone Flowtech Group is well prepared for the upcoming challenges resulting from e-mobility.

 Frankfurt/ Germany: TRISTONE Flowtech Group achieved an annual turnover of 248 M€ in 2016 with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Jaguar/Landrover, Suzuki, Bosch as well as further Tier One suppliers. Effective February 22, 2017, the Group was purchased by the Chinese Zhongding Group Ningguo and will continue to be managed under the same name and corporate structure.

Tristone Group confirms record in new booked businesses at the IAA 2017 Motorshow in Frankfurt/Germany

Tristone Group was exhibiting at the 2017 IAA Motor Show in Frankfurt; between September 12th and 15th.

As one of the market leaders in his business segment, Tristone Group has successfully expanded its customer support network and operations from the European region into the NAFTA region, China & India, actively pointing to further global locations.

Several OEMs had the opportunity to visit the Tristone showroom and discuss about the product offering and its technological advantages, together with the newest designs in product and application developments especially for battery cooling applications. Members from the complete Tristone Group were supporting the constant customer´s visits from early in the morning, to late in the evening, in an effort to inform the exhibition attendees about the Tristone product portfolio and newest design activities.

OEMs were the main attendees to the show, highlighting some important meetings in the Tristone showroom with OEM customers which took also the opportunity to learn intensively about the Tristone products, with special focus on the technical solutions for the electric powered vehicles.

All TRISTONE products arouse a big expectation, with more specific questions related to surge tank development capabilities, fiber cooling hose technology and air charge.
During some these visits, Tristone was confirmed as future supplier for the water cooling pipes for the hybrid version of future carlines, confirming with this Tristone´s steady growth and year-to-date record on new booked businesses.

The Tristone participants included key persons from the Sales and Engineering Departments,
who worked with customers, in an effort to grow the Tristone brand in the global markets and continue with its global expansion initiated some years ago.

“I´m happy to present Tristone as one of the consolidated market leaders in battery and
engine cooling worldwide, supported by extraordinary new developments in those fields and
by a best in class quality and operational performance shared among our ten factories. It´s an honor to confirm our consolidated global growth through the largest motor show in the world, in addition to the ongoing business activities”, said Ignacio Salazar, Senior VP Sales & Marketing.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of engine and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems. Herewith Tristone Flowtech Group is well prepared for the upcoming challenges resulting from e-mobility.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2016 an annual turnover of 248 M€ with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Jaguar/Landrover, Suzuki, Bosch as well as further Tier One suppliers.
With closing date February 22, 2017 the Group was taken over in an exit process from the Chinese Zhongding Group Ningguo and will be managed unchanged under the same name.

Tristone Group 2017 with sales up of 16 % versus prior year – new plant in Mexico

Tristone Flowtech Group located in Frankfurt/M. reports a very strong first half year in 2017.
Sales record a 16,0% growth to 146,3 Mio Euro versus the first half year of 2016. Incoming business awards reached 54,3 Mio Euro sales per year and was also above the expectations.
‘The Group is strong benefiting from the development towards new hybrid and battery electric vehicles, taking into consideration that the share of battery cooling climbed up to 19 % on total incoming business awards.’ so Günter Frölich, President and CEO of Tristone Flowtech Group.

This increase in sales by 16,0 % compared to the previous year, is mainly driven by very strong growth in NAFTA by 154 % as well of a growth in Europe of 6 % whereby sales in China was flat due to product mix.

In 2017 the Group is expecting a continuous growth in sales of above 10 % to 274 Mio Euro.

The manufacturing transfer from the old plant in Mexico, Delicias to the new plant in Mexico, Delicias, State Chihuahua was completed in April this year. The new plant in Mexico is delivering in the meantime in serial production the customers Ford, General Motors, FiatChrysler, VW, BMW as well as some Tier I customers in Mexico, US and Canada. In December last year the Group started with production in the new plant in Mexico, Delicias with engine and battery cooling applications as well with the manufacturing transfer from the existing plant in Delicias into the new plant. The new plant comprises manufacturing as well as logistic space of 16.500 sqm and is twice as big as the former plant. The Group is investing more than 6 Mio Euro in the last year and the ongoing year in the expansion of the manufacturing equipment in Delicias, Mexico.

  
Pictures: Plant in Mexico

In September last year the inauguration of a new plant in India, Pune took place. Production start for the Indian market is foreseen for beginning 2018.  In September 2015 a Sales and Engineering company in India, Pune was established to prepare the market entry in India.

In September 2013, the Group has established a sales and engineering company in Detroit, USA to support the business growth in the NAFTA region. The Group has furthermore set up a new plant in Suzhou, China in 2013 supplying in the meantime several customers in serial production.

Tristone Flowtech Group is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems. Herewith Tristone Flowtech Group is well prepared for the upcoming challenges resulting from e-mobility.

 Frankfurt/Germany: TRISTONE Flowtech Group has reached 2016 an annual turnover of 248 M€ with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Jaguar/Landrover, Suzuki, Bosch as well as further Tier One suppliers. With closing date February 22, 2017 the Group was taken over in an exit process from the Chinese Zhongding Group Ningguo and will be managed unchanged under the same name.

Tristone Flowtech Group with a new shareholder
Share Purchase finalized by Zhongding Group

Tristone Flowtech Group located in Frankfurt/M., reports that on February 22, 2017 that Zhongding Europe GmbH (Lohr, Germany) finalized the aquistion of 100% of the shares of TRISTONE Group from the present shareholder Bavaria Industriekapital AG, Munich.
The closing of the transaction and this legal change of the Groups shareholdership has been realized three month after the Share Purchase Agreement had been signed on Nov 22, 2016 and after the related antitrust and chinese regulatory approvals had been reached.

Zhongding Europe GmbH is a subsidiary of Zhongding Group, a stocklisted Chinese automotive supplier group. Zhongding Group reached a turnover of 1,7 billion Euro last year and has clearly expressed to support the strategy of TRISTONE Flowtech Group and to build on the existing management to secure continuity for you as our customer.
All Tristone Group responsibilities and Tristone counterparts to customers, suppliers and other stakeholders will remain unchanged as they are.

TRISTONE Group is a well reputed, operationally and financially strong supplier group. The Group reached last year a sales growth of 9% to 247 Million Euro sales and is forecasting this year a sales growth of 10% to 273 Million Euro.

Günter Frölich, President and CEO of the Group said, “that the Group is looking forward that with a strong and supportive shareholder this change will provide TRISTONE with further opportunities in our dedicated business fields fluid engine and battery cooling, aircharge and airintake. It is also an excellent opportunity to thank all our customer, suppliers and stakeholders for the trust so far reached and the expected trust in the future of our Group”.

TRISTONE Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamide materials as well as the introduction of new Power train concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/Germany: TRISTONE Flowtech Group has reached 2016 an annual turnover of 248 M€ with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

Tristone Group 2016 with 9% sales growth and 33% higher order intake

Tristone Flowtech Group located in Frankfurt/M. reports a sales growth of 9% to 248 Mio Euro in 2016 as well as a 33% higher incoming orders. ‘In 2016 the Group has reached the highest sales and the highest order intake ever. A high portion of 17% of the overall order intake is dedicated to Hybrid and Electrical Passenger cars which is demonstrating the strong position of the Group in this business field´, so Günter Frölich, President and CEO of Tristone Flowtech Group.

‘The solid equity ratio of 37% of total capital, as well as the reached positive Net Financial Debt position of the Group forms a solid basis for further growth and the internationalization of the Group’ so Volker Butz, CFO of the Group.

The sales growth of 9% versus prior year is driven by a growth in the NAFTA region of 44%, the European region of 7% and a temporary drop in the China region by 12% due to phase out of programs there.

The Group is expecting 2017 a further growth of 10% to 273 Mio Euro sales.

In December last year the Group started with production in the new plant in Mexico, Delicias with engine and battery cooling applications as well with the manufacturing transfer from the existing plant in Delicias into the new plant. The new plant will have manufacturing as well as logistical space of 16.500 sqm and will be twice as big as the existing plant. The Group is investing nearly 6 Mio Euro in the last year and the ongoing year in the expansion of the manufacturing equipment in Delicias, Mexico.

In September last year the inauguration of a new plant in India, Pune took place. Production start for the Indian market is foreseen for beginning 2018. In September 2015 a Sales and Engineering company in India, Pune was established to prepare the market entry in India.

In September 2013 the Group has established a sales and engineering company in Detroit, USA to support the business growth in the NAFTA region. The Group has furthermore set up a new plant in Suzhou, China in 2013 supplying in the meantime several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/Germany: TRISTONE Flowtech Group has reached 2016 an annual turnover of 248 M€ with 2.991 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

Tristone Flowtech Group will receive new shareholder – Share Purchase Agreement signed by Zhongding Group

Tristone Flowtech Group, Frankfurt/M.Germany: Tristone Flowtech Group informs, that yesterday evening Zhongding Europe GmbH, Lohr Germany, signed a Share Purchase Agreement to aqcuire 100 % of the shares of our Group from our present ultimate shareholder Bavaria Industriekapital AG, Munich. The realization of the Share Purchase Agreement is subject to antitrust and chinese regulatory approvals. Closing and the legal change of the shareholdership, therefore is expected to happen within the first months of the coming new year.

Zhongding Europe GmbH is a subsidiary of Zhongding Group, a stocklisted Chinese Automotive Supplier Group. Zhongding Group reached last year a turnover of 1,7 Billion Euro and has clearly expressed to support Tristone Flowtech Group in the future and to build on the existing management to secure continuity for you as our customer. Our strategy will be unchanged with a dedicated focus to provide innovative solutions to you as our customer for the fluid engine and battery cooling, as well aircharge and air intake applications in an excellent quality and logistic performance.

Tristone Flowtech Group expects this year a sales growth of 9% to more than 247 Million Euro and employs roughly 2.800 employees in ten production plants in Europe, NAFTA, China and India and is financially very solid with a Equity ratio of more than 46% in our Balance Sheet.
It is also an excellent opportunity to thank our customers, suppliers and all business partners for the trust so far reached and the expected trust in the future of our Group.

We are convinced, that this change having a strong and supportive shareholder will provide to our Group in the future further opportunities in our dedicated business fields fluid engine and battery cooling, aircharge and air intake.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.477 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

Tristone Group with more than 7 % in sales growth in first nine months – Inauguration of new plant in India

Tristone Flowtech Group, located in Frankfurt/Main, reports a very positive ongoing business in the first nine months this year. Sales grew with 7,3 % in the first nine months versus the previous year to 183,1 Mio Euro. Excluding exchange rate impacts, sales grew more than 8 %. Incoming order intake grew 70 % versus prior year to 79,5 Mio Euro sales per year. In 2016 the Group is expecting a sales growth of 9 % versus the prior year to 247 Mio Euro.

‘With the newly opened production plant in India, Pune, the Group is continuing its internationalization path entering a new growing emerging passenger car market’, so
Günter Frölich, President and CEO of Tristone Flowtech Group. ‘We are confident of the future growth of the Indian passenger car market, which is as of today already the six biggest passenger car market in the world. And we are seeing very good market potentials for our product portfolio with, amongst others, our plastic surge tanks as well as fluid applications for engine cooling, battery cooling as well as turbocharger.‘, so Günter Frölich.

‘The company was established in September last year as a sales and engineering company. We decided not to enter in a Joint Venture with a local partner, therefore Tristone India is a 100 % subsidiary of the group‘ so Volker Butz CFO of the Group.

The inauguration of the new plant in India, Pune, took place with a traditional Indian ceremony on September 14th 2016 together with a lot of OEM customers, suppliers, representatives of local authorities as well as the indio-german chamber of commerce.

The new plant in Pune/Chakan will be the tenth production plant of the Group and will provide production- and logistical space of 4.180 sqm. The start of production is projected for the fourth quarter in 2017. The new plant will host the future surge tank production as well as engine cooling and aircharge hose production for the Indian market. The Group will invest roughly 2,5 Mio Euro for machinery and equipment in the next years.

In March this year, the groundbreaking ceremony of a new plant in Mexico, Delicias, Chihuahua State was held. This plant will have manufacturing as well as logistical space of 20.500 sqm and will be twice as big as the existing plant. The Group will invest roughly 4 Mio Euro within the next two years in the expansion of the manufacturing equipment in Delicias, Mexico.
In September 2013, the Group has established a sales and engineering company in Detroit, USA to support the business growth in the NAFTA region. The Group has furthermore started to set up a new plant in Suzhou, China in 2013 supplying several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.477 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

Tristone Group 2016 with strong first half year – construction of the new plant in India is finished

Tristone Flowtech Group located in Frankfurt/M. reports a very strong first half year in 2016.
Sales record a 8.3% growth to 126.1 Mio Euro versus the first half year of 2015. Incoming orders grew 125 % versus prior year to nearly 72 Mio in sales per year.
‘These first 6 months of 2016 were the most successful the Group has ever had. The Group is continuously benefiting from the development towards new hybrid and battery electric vehicles, taking into consideration that the share of battery cooling climbed up to 19 % on total order intake.’ so Günter Frölich, President and CEO of Tristone Flowtech Group.

‘We are also satisfied with the overall improvement of the EBIT profitability and free cash flow, despite the negative impacts from the lower growth in China.’ so Volker Butz, CFO of the Group.

This increase in sales, by 8.3 % compared to the previous year, is driven by a general growth in the business; in Europe by 8%, in the NAFTA region by 16% and in the China region by 3 % (which can be explained by a weak market side).

In 2016 the Group is expecting a continuous growth in sales of 9 % to 247 Mio Euro.

In June, the construction of the new manufacturing plant in India, Pune, was finished. The plant was handed over from the construction company to Tristone India as scheduled. The opening ceremony of the new production plant is scheduled sometime in the next months. The production start is planned for the fourth quarter in 2017. The new plant will have manufacturing-, as well as warehousing capabilities with a total of 3.500 sqm. In addition it will host the future surge tank production as well as engine cooling and aircharge hose production for the Indian market. Tristone India is a 100 % subsidiary of the Group. The establishment of a new Sales and Engineering company in India, Pune in September 2015 will further support the market entry in India.

In March this year, the groundbreaking ceremony of a new plant in Mexico, Delicias, Chihuahua State was held. This plant will have manufacturing as well as logistical space of 20.500 sqm and will be twice as big as the existing plant. The Group will invest roughly 4 Mio Euro within the next two years in the expansion of the manufacturing equipment in Delicias, Mexico.
In September 2013, the Group has established a Sales and Engineering Company in Detroit /USA to support the business growth in the NAFTA region. The Group has furthermore started to set up a new plant in Suzhou/China in 2013 supplying several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems. The Group is benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.477 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

Tristone Group 2016 with strong first quarter and groundbreaking of new plant in Mexico

Tristone Flowtech Group located in Frankfurt/M. reports a very strong first quarter 2016.
Sales growths by 9,4 % to 60,3 Mio Euro versus the first quarter of the last year and incoming order growths by 600 % to nearly 65 Mio Sales per year. ‘The first quarter 2016 was so far the most successful quarter the Group had. Especially that the share of order intake for battery cooling applications for hybrid and electrical cars climbed up to 12 % of the total incoming order is a very encouraging trend and is outlining the very strong position of the Group in this market segment.’ so Günter Frölich, President and CEO of Tristone Flowtech Group.

‘It’s good to see that the EBIT profitability was further improved and the Group has reached a very solid equity ratio with 42 % of total capital’ so Volker Butz, CFO of the Group.

This sales growth by 9,4 % versus prior years first quarter is driven by a growth in the European business by 9%, in the NAFTA region by 9 % and in the China region by 19 % due to the ongoing production start-ups there.

The Group is expecting 2016 a further significant growth to 247 Mio Euro sales.

In March the Group held a ground breaking ceremony for the new plant in Mexico in Delicias, Chihuahua State. The major of the town Delicias as well as representatives of the Chihuahua State participated at the ground breaking ceremony.
The new plant will have a manufacturing and logistic space of 20.500 m2 and will be twice a big as the existing plant. The staff is expected to increase to 600 employees coming from 250 employees at the moment. The Group will invest roughly 4 Mio Euro within the next two years to expand the manufacturing equipment in Delicias, Mexico.

In September last year, a new Sales and Engineering company was established in Pune/India to support the market entry in India. Before, in September 2013 the Group has established a Sales and Engineering Company in Detroit /USA to support the business growth in the NAFTA region. Beginning 2013 the Group has started to set up a new plant in Suzhou/China which is in the meantime supplying several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.477 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo,General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

New Delhi: Tristone Flowtech Group participated in AUTO EXPO COMPONENTS – 2016 from 4^th Feb 2016 to 7^th Feb 2016.

This event is India’s biggest event in terms of its scale and response from not only the local Indian Manufactures but also for the manufacturing companies across the world.

With India being seen as one of the most important markets of the world with growing economic GDP and strong buying power consistently becoming stronger day by day, Tristone Flowtech Group perceives huge potential in this market and strongly believes in launching its footprint in the Indian Market.

Tristone Flowtech Group has got enormous response from OEM’s present in India and have welcomes TFT’s position in coming to the Indian Market. Senior Leaders from OEM’s like Mahindra & Mahindra, Maruti Suzuki, GM, Volkswagen India, JLR, Renult-Nissan visited Tristone Flowtech Group booth and have been keen to understand companies strategy for Indian footprint.

Tristone had primarily showcased two of its important product lines:

• Engine Cooling Hoses
• Surge Tanks

Both the product lines received good response from OEM’s, especially Surge Tanks is a huge market for country like India where manufactures of pressurised surge tanks are very few.

Currently Tristone Flowtech Group has a Sales Office in Pune, India and is in the process of tapping the local market with business development and promotional activities.

The Group is planning to set-up the production plant in western part of India in Pune Industrial zone and intends to be operational by end of 2017. The plant is at the moment under construction.

Tristone Flowtech Group received highest business award with 230 Mio Euro lifetime sales for fluid engine and battery cooling for a global worldwide OEM

Tristone Flowtech Group located in Frankfurt/M. has been awarded with a supply contract as First Tier supplier over 230 Mio Euro lifetime sales volumes for fluid engine and battery cooling for one of the largest global OEM. The expected annual sales volume will be 40 Mio Euro. The start of serial deliveries is planned for the end of 2018.

The Group will manufacture these technical solutions for engine and battery cooling in its facilities in Mexico (Delicias), China (Suzhou) and Poland (Walbrzych) to supply the OEM in North America, Asia and Europe.

"Our global footprint, our technical competence in engine and battery cooling applications as well as our high quality and delivery performance has been key to convince our customer that Tristone Group is the right partner to supply this global platform with its high volume", said Günter Frölich, President and CEO of the Group.
“We are proud to be the selected First Tier Supplier for this global Passenger Car platform”, so Ignacio Salazar, Vice President Sales and Marketing of the Group.

The Group reported for 2015 a sales with 228 Mio Euro with a 17 % sales increase versus prior. This sales increase was driven by a growth for the European business of 13%, for the NAFTA region by 8 % and for the China region by 360 % (due to the ongoing production start-ups there). The Group is expecting 2016 a further significant growth on a global basis.

In September last year, a new Sales and Engineering company was established in Pune/India to support the market entry in India, In September 2013 the Group has established a Sales and Engineering Company in Detroit /USA to support the business growth in the NAFTA region. Beginning 2013 the Group has started to set up a new plant in Suzhou/China which is in the meantime supplying several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.500 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China. The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, JLR, Bosch as well as further Tier One suppliers.

Jaguar Land Rover - Slovak suppliers' day 27-28 January 2016 at Heritage Motor Centre in Gaydon

Jaguar Land Rover has confirmed that it will be the first British carmaker to open a manufacturing facility in Slovakia. The announcement follows an agreement between the company and the Government of the Slovak Republic to build a new plant in the city of Nitra, western Slovakia.

Due to current businesses supplied to Jaguar Landrover and to the proximity to the Tristone Slovakian Facility in Nová Bana, Tristone Flowtech Group was invited to attend to the Slovak suppliers´ day on 27th and 28th of January 2016 and present the last innovative products and innovations, having taken the opportunity to share with the Jaguar Landrover Teams the know-how in Battery Electric Vehicles and Hybrid Passenger Cars, related to electrified powered vehicles.

This event gave also the opportunity to the Tristone Flowtech Group to promote the local manufacturing capabilities out of Tristone-Slovakia, as well as to present the current global footprint and future expansion plans, full in line with the internationalization plans driven by Jaguar Landrover and most of the global EOMs Tristone works together with, said Ignacio Salazar, VP Sales and Marketing.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.500 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, JLR, Bosch as well as further Tier One suppliers.

Tristone Group 2015 with 17 % sales growth and 22 % higher order intake

Tristone Flowtech Group located in Frankfurt/M. reports a sales growth of 17 % to 228 Mio Euro in 2015 as well as a 22 % higher incoming orders . ‘In 2015 the Group has reached the highest sales and the highest order intake ever. Included is also awarded business for plastic pipes with PPS material (Polyphenylene Sulfide) used for the first time. It is also very pleasing that in addition the profitability has further improved´, so Günter Frölich, President and CEO of Tristone Flowtech Group.

‘Such achievements together with the solid equity ratio of 43 % of total capital as well as the improved Free Cashflow forms a solid basis for the further expected growth and the ongoing internationalization of the Group’ so Volker Butz, CFO of the Group.

This sales growth of 17 % versus prior year is driven by a growth in the European business of 13%, in the NAFTA region by 8 % and in the China region by 360 % due to the ongoing production start-ups there.

The Group is expecting 2016 a further significant growth.

In September last year, a new Sales and Engineering company was established in Pune/India to support the market entry in India. Before, in September 2013 the Group has established a Sales and Engineering Company in Detroit /USA to support the business growth in the NAFTA region. Beginning 2013 the Group has started to set up a new plant in Suzhou/China which is in the meantime supplying several customers in serial production.

Tristone Flowtech Group, is highly specialized on fluid applications in the areas of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards a reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2015 an annual turnover of 228 M€ with 2.477 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Suzuki, Bosch as well as further Tier One suppliers.

The Eberspächer Group is one of the world´s leading system developers and suppliers of exhaust technology and vehicle heaters for the Passenger Car industry and bus air conditioning systems.

Tristone Group delivers since years from our plant in Czech Republlic Hrádek nad Nisou water hoses for the fuel operated heater systems that Eberspächer delivers to their OEM customers.

Thanks to the preferred supplier award, Tristone has become a strategic supplier of Eberspächer. Eberspächer awards in every category a maximum of 3 strategic supliers. The expectations to Tristone are to work on continuous cost and process improvements, focus on innovations and further development of the supply channel. In contrary Tristone gets access to the global entities of Eberspächer and the opportunity to be involved more intensively in the product planning.

High Business Awards during Tristone´s Exhibition at the IAA 2015 Motorshow in Frankfurt/Germany

Tristone Flowtech was exhibiting at the 2015 IAA Motor Show in Frankfurt; between September 15th and 18th.
As one of the market leaders in Europe, Tristone has successfully expanded its customer support network and operations into the NAFTA region & China and is now looking to India and further global locations. 

Several OEMs had the opportunity to visit the Tristone stand and discuss about the product offering and its technological advantages. Members from the complete Tristone Group were supporting the constant customer´s visits from early in the morning, to late in the evening, in an effort to inform the exhibition attendees about the Tristone product portfolio.

OEMs and Tier 1 suppliers were the main attendees to the show, highlighting some important meetings in the Tristone stand with customers such as GM, Audi, Porsche and Mobis among others, which took also the opportunity to learn intensively about the Tristone products, with special focus on the technical solutions for the electric powered vehicles.

All TRISTONE products arouse a big expectation, with more specific questions relating to surge tank development capabilities, air charge and air intake applications and fiber cooling hose technology.

During two of these visits, Tristone was confirmed as future supplier for the water cooling pipes for the hybrid version of two future carlines, as well as for the ones assembled in the traditional combustion engine.

The Tristone participants included key persons from the Sales and Engineering Departments, who worked with customers, in an effort to grow the Tristone brand in the global markets.

“Overall the event was a further step for the Tristone Group to build a network of relationships and to show a global presence through the largest motor show in the world, in addition to the ongoing business activities”, said Ignacio Salazar, VP Sales & Marketing.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of engine and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2014 an annual turnover of 195 M€ with 2.400 employees, and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Bosch as well as further Tier One suppliers.

Tristone Group with sales growth of 14 % in I. Halfyear 2015, further similar sales growth

expected in 2015, new sales and engineering company in India in setup. Tristone Flowtech Group located in Frankfurt/M. has reported a very succesfull I.Halfyear 2015 with among others a sales growth versus prior year of 14% to 116,4 Mio Euro. Serial sales excluding tooling and prototypes has been increased by 16 % in 2015. The Group is expecting during the ongoing year a similar sales growth leading to 230 Mio Euro Sales. ‘In addition, the company can record in the I.Halfyear a significant higher order intake versus prior year as well as a further improved profitability despite further investments in production start-ups in the plant in China.´, so Günter Frölich, President and CEO of Tristone Flowtech Group.
‘These positive development has enabled a refinancing of the Group with a solid equity ratio of 36,5 % of total capital in the meantime. This forms a solid basis for further expected growth and the ongoing further internationalization of the Group’ so Volker Butz, CFO of the Group.

The Group is expecting 2016 a further significant sales growth.

‘This sales growth is driven by the growth in the European business with a growth of 8,1% versus prior year and a higher growth outside Europe of 78,2 % mainly due to higher sales in the plants in China and Mexico. A significant contribution has been determined by the started serial production of new products like Polyamid Pipes reducing weight and costs in the area of cooling of combustion engines and battery systems in combustion engines driven passenger cars as well as Hybrid and electrical cars’, so Günter Frölich.

Beginning of 2013 Tristone Flowtech Group has started to set up a further plant in Suzhou/China which is in the meantime supplying several customers in serial production. In September 2013 the Group has further established a Sales and Engineering company in Detroit /USA to support the further business growth in the NAFTA region. At the moment, a further sales and Engineering company is in legal setup in India, Pune to penetrate the Indian passenger car market 2016.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Bi-layer co-extrusion plastic pipe - polyamide coupled with advanced processing technology bring innovation to automotive coolant pipes (Awarded by the Society of Plastics Engineers (SPE) for most Innovative use of Plastics Award – Chassis 2014)

Replacing metal, saving weight

The quest for Tristone Flowtech Group was to find a material/technology solution for an unusually long 2 to 3 meter variable flexibility coolant pipe designed to transport water and glycol fluid from the radiator end tank at the front of the car to the engine at the back, while saving weight. The challenge was not so much the length of the part since it was extruded, but to produce large pipes of up to 27mm diameter, with suitable compliance that would still resist 3 bar pressures, aggressive fluids, and road salt.

The solution was found with Dupont via a co-extrusion of Bynel®PP & Zytel® PA612 LCPA and its patented Variable Stiffness Bellows (VSB) technology, enabling thermoplastic parts to be flexible yet high pressure resistant. At the same time, the new pipe can withstand engine compartment temperatures of 150°C, aggressive fluid temperatures up to 120°C combined with road salt, and continuous working temperatures of 95°C.

In this application, Zytel® PA612 in a corrugated extrusion offers a lightweight alternative to metal, enabling up to 60% weight reduction over the former aluminum component.

This product is applied on Renault Twingo and Daimler Smart programs:

TRISTONE is a full system provider of Engine & Battery Cooling, Air charge and Air Intake applications for the automotive industry. As one of the market leaders in Europe, TRISTONE has successfully expanded its customer support network and operations into the NAFTA region & China and is now looking to India and further global locations.

Group with 12% sales growth 2014, further two digit sales growth expected 2015

Tristone Flowtech Group located in Frankfurt/M. has reported a sales growth versus prior year of 12% to 195 Mio € in 2014. Serial sales excluding tooling and prototypes growed by 16 % in 2014. The sales growth excluding negative foreign exchange rate impact would be 14 % leading to 199 Mio €. ‘The Group has reached 2014 the highest sales and in addition to the sales growth we could reach an improved profitability ´, so Günter Frölich, President and CEO of Tristone Flowtech Group.
‘Such achievements together with the solid equity ratio of 37,4 % of total capital form a solid basis for further expected growth and the ongoing further internationalization of the Group’ so Volker Butz, CFO of the company.

The Group is expecting 2015 a further two digit sales growth.

‘This sales growth is driven by the growth in the European business with a growth of 8% versus prior year as well as driven by the internationalization of the Group. A significant contribution was also determined by the started serial production of new products like Polyamide Pipes reducing weight and costs in the area of cooling of combustion engines and battery systems in combustion engines driven passenger cars as well as Hybrid and electrical cars’, so Günter Frölich.

Beginning of 2013 Tristone Flowtech Group has started to set up a further plant in Suzhou/China which is in the meantime supplying several customers in serial production. In September 2013 the Group has further established a Sales and Engineering Company in Detroit /USA to support the further business growth in the NAFTA region.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2014 an annual turnover of 195 M€ with 2.260 employees and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, FiatChrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Bosch as well as further Tier One suppliers.

Tristone Flowtech USA
Automotive Testing & Engine Expo
Suburban Collection Showplace, Novi, Michigan 

Tristone USA made its debut at the 2014 Engine Expo at the Novi Suburban Showplace this October. Several automotive and non-automotive testing companies along with specialty engine parts manufacturers served the Engine and Test Expo. The members from the USA team along with Johan Bunse, Tristone Business Development Director, were responsible for showcasing the exhibit in an effort to inform the expo attendees about the Tristone product portfolio. In addition to the Tristone Booth, Johan Bunse helped kick-off the 3-day event by presenting the company and its capabilities to the Technology Forum.

Local and international engineers seeking to learn about new suppliers and their technologies were the main attendees to the forum. Johan Bunse gave a complete company presentation but placed emphasis on the plastic PA pipe used on the Renault Twingo and Daimler Smart, electric vehicle, during the presentation. This uniquely extruded product sparked an interest with SAE writers, who were also in attendance. Following the presentation SAE interviewed Johan, and plans to include Tristone in a publication of the event in the next SAE news release.

The Tristone USA participants, who included Jason Ruetz, Jeremy Dicks, Terry Baldwin, Justin Haugh, and Stephane Demolin, worked alongside Johan Bunse to network with both suppliers and potential customers, in an effort to grow the Tristone brand in the US market. Representatives from General Motors, Ford, and Detroit Diesel were among the larger companies who visited the booth. There were several suppliers who showed an interest in working with Tristone for both testing and prototype development. These suppliers are also familiar with Tristone’s customers and their requirements.

Overall the event was a further step for Tristone USA to build a network of relationships and to show a presence within the NAFTA region, in addition to ongoing business activities.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2013 an annual turnover of 175 M€ with 2.161 employees, and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Bosch as well as further Tier One suppliers.

“We’re happy to announce the completion of new buildings for our plant Nantes, France“, so Michael Schlachter Managing Director of the company.

With this project, initiated in 2011, we could reach two main objectives:

• Integrate warehouse surface directly connected to the existing facility, in order to internalize the storage and the dispatching of the finished goods, which were outsourced to a logistics provider and therefore to optimize the plant layout.
• Destroy old buildings attached to our company.

The new building was provided by an industrial building investor, Alsei. We could contract with the industrial building investor to refurbish the old building, and equip it with all the necessary equipments in order to use it as a logistic warehouse. In that respect, 6.000m² of old building and offices were destroyed. They have refurbished 5.000m² remaining surface, installed new lighting system, created a complete new concrete floor, according to logistic flatness standard, created three docks, according to the latest legislation, and they have created a corridor connecting this refurbished building to our factory.

Our company in Nantes is now managing all the logistics with its own personnel, with a storage capacity of 3.700 pallets of finished goods, and is shipping 16 trucks per day to our various customers. The employees are now able to use parking slots directly next to the plant. 

With this project, so Günter Frölich, President and CEO of the Group, “we are showing our commitment to provide investments also in France to improve the competitiveness of our company and to provide a modern plant infrastructure for our employees”.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Tristone Flowtech Group with 14 % sales growth in 1st Half Year 2014

Tristone Flowtech Group located in Frankfurt/M. has reported a sales growth of 14% to 102,6 M€ in the 1st Half year 2014. ‘With this sales growth in the 1st Half year we are confident about the further positive development of the Group in 2014 onwards´, so Günter Frölich, President and CEO of the Group. The Group is expecting for the full year 2014 a growth of 20 % to 210 M€ sales.

‘This sales growth is more and more driven by the internationalization of the Group as well as by a significant growth in the European market due to several serial start-ups for major OEM’s. A significant contribution was also determined by the started serial production of new products like Polyamid Pipes reducing weight and costs in the area of cooling of combustion engines and battery systems in Hybrid and electrical passenger cars’, so Günter Frölich.

Beginning of 2013 Tristone Flowtech Group has started to set up a further plant in Suzhou/China which is in the meantime supplying several customers in serial production. In September 2013 the Group has further established a Sales and Engineering company in Detroit /USA to support the further business growth in the NAFTA region.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has reached 2013 an annual turnover of 175 M€ with 2.161 employees, and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers Renault, Nissan, PSA, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Bosch as well as further Tier One suppliers.

New Energy vehicle show in Hong Kong

TRISTONE was exhibitor in Hong Kong new energy vehicle show on the 2-3-4 of April 2014.

It was the opportunity for our Company to show our battery cooling portfolio during 3 days, highlighting our knowledge in weight and cost reduction by presenting a comparison between metal, rubber and plastic solution, combined with our HEV Twin Surge Tank solution.

Renault, FAW and BYD were exhibitors and several General Managers of the Electric Departments were very interested in TRISTONE technical solutions, including the Twin Surge Tank.

Toyota confirmed their decision to develop together with FAW new hybrid platforms in China to reduce the cost of hybrid cars on the Chinese market. The aim of this new development is to reduce the current gap and to benefit from the Chinese Government plans on low emission cars.

Tristone Flowtech Group with 16 % sales growth in I. Quarter 2014 despite an only partially improved European Automotive Passenger Car production

Tristone Flowtech Group located in Frankfurt/M. has reported a significant sales growth of 16 % in the I.Q.2014, despite only partially improved European Automotive Passenger Car production. ´After closing 2013 which was the best business year so far reached by Tristone Group, achieving sales of 175 M€ and a sales growth of 4%, we are with the realized sales growth in the I.Quarter confident about the further positive development of the Group in 2014´, so Günter Frölich, President and CEO of the Group. The Group is expecting for the full year 2014 a growth of 20 % to 210 M€ sales.

‘This sales growth is more and more driven by the internationalization of the Group as well as a significant growth in the European market driven by several start-ups for major OEM’s. A major contributor was also the good quality position of the company reaching a single digit external ppm figure last year´, so Günter Frölich. ‘Such achievements together with the solid equity ratio of 34 % form a solid basis for further expected growth and the ongoing further internationalization of the Group’ so Michael Hurter, CFO of the company.

Beginning of 2013 Tristone Flowtech Group has started to set up a further plant in Suzhou/China which is in the meantime supplying several customers in serial production. In September 2013 the company has further opened a Sales and Engineering company in Detroit /USA to support the further business growth in the NAFTA region.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

Frankfurt/ Germany: TRISTONE Flowtech Group has an annual turnover of 175 M€ and 2.161 employees, and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers RSA, Nissan, PSA, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, Suzuki, BMW, Daimler, Bosch as well as further Tier One suppliers.

From January 6th to 9th, TRISTONE Flowtech Group participated in the 12th Indian Auto Expo (www.autoexpo.in) in New Delhi. The booth was shared with local partner Bony Polymers with whom TRISTONE currently have a Technical Assistance Agreement (TAA). This is the first time, this Expo have been splitted between Components Suppliers (Delhi) and Motor Show (Greater Noida, Delhi).

The Expo gave good exposure to many local OEM’s as well as the Indian branches of known global European, American and Asian OEM’s. In particular the following companies visited, showing specific interest in TRISTONE products: Maruti-Suzuki, Renault, Nissan, Honda, Daimler, Jayem Automotive, GM, Mahindra, Tata Motors, Eicher Polaris, Piaggio.

The current TAA with Bony Polymers heading to a JV by 2015 also raised the OEM´s expectations and confirmed their genuine interest in supporting TRISTONE global growth and market share increase.

All TRISTONE products arouse a big expectation, with more specific questions relating to surge tank development capabilities, air charge and air intake applications and fibre cooling hose technology. For the first time in an Indian Auto Expo, battery cooling technology has been one of the primary focuses of the customers visiting TRISTONE booth.

Participants present at the Expo from TRISTONE were Thomas Lowak (VP Quality), Ignacio Salazar (VP Sales and Marketing), Johan Bunse (Business Development Director) & Francesco Maffione (R&D).

The Expo was a clear success and is supporting TRISTONE’S forecasted growth in the Indian market as a potential low cost supplier for the global and local OEM’s. The time spent between TRISTONE and Bony Polymers strengthened the relationship and trust between both parties, confirming the short term target of common future together.

Volvo Quality Supplier Award for Tristone Plant Slovakia

On December 18th, Tristone Plant Slovakia received the Volvo Quality Excellence Award (VQE) at a ceremony in Gothenburg. The VQE Award consists of 12 elements, eleven performance elements and one customer endorsement element. The reward for improving quality and maintaining VQE status is the recognition that the supplier’s facility is the best in the business. Tristone Plant Slovakia delivered to Volvo plants 2013 with 0 ppm failure parts.

VQE means that the supplier’s facility achieves excellence in the following areas:

• Capable systems
• Capable manufacturing process
• Ongoing performance
• Customer Plant Impact
• Customer endorsement

At the same ceremony, Tristone Group received a Diploma for the Volvo Cars Award of Excellence.
This award is to acknowledge outstanding suppliers who have gone an extra mile to support Volvo.

We want to thank herewith the complete Tristone Group Team for the outstanding efforts and results achieved dealing with Volvo Cars Group

Tristone Flowtech Group

Tristone Flowtech Group with 7 % sales growth in the last quarters 2013 despite weak European Automotive Passenger Car market

Tristone Flowtech Group located in Frankfurt/M. has reported a significant sales growth of 7 % in the III.Q.2013 as well as in the quarter before, despite an ongoing weak European Automotive Passenger car market. The Group’s expectation for the full year is a growth of 7 % as well leading to 180 M€ total sales. ‘This sales growth is more and more driven by the internationalization of the Group with its established manufacturing footprint in NAFTA, China and the started collaboration with an Indian Automotive Supplier Group. In addition to the sales growth, we could reach an improved profitability.´, so Günter Frölich, President and CEO of Tristone Flowtech Group. ‘Such achievements together with the solid equity ratio of 40 % of total capital form a solid basis for further expected growth and the ongoing further internationalization of the Group’ so Michael Hurter, CFO of the company.

Beginning of 2013 Tristone Flowtech Group has started to set up a further plant in Shuzhou/China which has been put into operation in the III.Q supplying first serial deliveries to Volvo. In September 2013 the company has opened a Sales and Engineering company in Detroit /USA to support the further business growth in the NAFTA region.

Tristone Flowtech Group, is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems and is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling systems.

The Automotive Supplier Group is expecting a further significant growth in the next following years despite an ongoing weak European passenger car market.

Frankfurt/ Germany: TRISTONE Flowtech Group has an annual turnover of 180 M€ and 2.000 employees, and is one of the leading automotive supplier groups worldwide for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers PSA, RSA, Nissan, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, BMW, Daimler, Bosch as well as further Tier One suppliers.

Tristone Flowtech Group with it’s headquarters in Frankfurt/Germany has started on January 1 this year with a new plant in China . The newly build plant in Shuzhou, nearly 100 km north-west of Shanghai is providing 8.500 m² manufacturing and logistic space and will start with serial production in the III.quarter this year for the customers Ford and Volvo, as well as in a next step for General Motors. It is foreseen, that the new plant will start with assembly for fluid applications for aircharge and water cooling and afterwards to increase the local added value.

„With this new plant in Shuzhou/China our Automotive Supplier Group did a further important step to complete our worldwide manufacturing footprint“, so Günter Frölich, Präsident und CEO. „We are able as a highly specialized, mid-sized Automotive Supplier Group to follow our customers also in the growth markets China and Asia and to start to penetrate the Chinese automotive market.“

The Automotive Supplier Group signed in April 2012 a Technical Assistance Agreement (TAA) with the indian Automotive Supplier Group Bony Polymers Ltd., Faridabad, to provide together fluid applications in the area of motor and battery cooling as well as aircharge to the Indian automotive industry. Tristone Flowtech Group is providing in the meantime technical support in production and logistic for fluid motor cooling applications like surge tanks, cooling water hoses, polyamide pipes and aircharge hose systems.

In July 2011, the Automotive Supplier Group has also taken over a plant in Delicias/Mexico with 11.000 m2 manufacturing and logistic space and is delivering in the meantime in serial production cooling water applications for the automotive industry in the NAFTA region. At the moment the customers BMW and VW in US and Mex are delivered, the delivery to the customers Chrysler and Bosch are in the start-up as as well in further steps Ford and GM.

Tristone Flowtech Group, which is highly specialized on fluid applications in the area of motor and battery cooling as well as aircharge and air intake systems is more and more benefiting from the trend towards reduction of space and fuel consumption with the introduction of polyamid materials as well as the introduction of new Powertrain concepts with hybrid and electrical cars and the integration of fluid motor and battery cooling
systems.

The Automotive Supplier Group is expecting in 2013 sales significant above the prior year, despite the weaknesses of some european automotive markets. Due to booked business, a further significant growth is expected in the following years.

Frankfurt/ Germany: TRISTONE Flowtech Group has an annual turnover of 180 M€ and 2.000 employees, and is one of the leading automotive supplier groups for fluid applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Poland, Czech Republic, Slovakia, Turkey, Spain, France, Italy, Mexico and China.
The Group was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers PSA, RSA, Nissan, Fiat/Chrysler, Ford, Volvo, General Motors, VW Group, BMW, Daimler, Bosch as well as further Tier One suppliers.

Tristone Flowtech Group 2011 with high sales growth and improved profitability

Tristone Flowtech Group located in Frankfurt/M. has reported a significant sales growth of 14 % for the year 2011 to nearly 180 M€. ‘In addition to the sales growth, we could reach an improved profitability through realized restructuring and optimization measures. The EBITDA margin adjusted by non‐periodical impacts increased the first time to more than 6 %’, so Günter Frölich, President and CEO of Tristone Flowtech Group. ‘This is together with the solid equity share of 33 % of total capital a solid basis for further expected growth and the foreseen further internationalization of the Group’.

The newly acquired plant in Delicias, Mexico achieved in the meantime a successful production ramp‐up with fluid cooling applications for the NAFTA Automotive market. The production start of battery cooling applications is foreseen as planned in autumn 2012.

The order intake in 2011 reached also a peak with nearly 70 M€ based on significant awarded business from Renault, Nissan, Ford, Volvo, BMW, PSA, Volkswagen and GM. The automotive supplier group specialized in fluid applications for combustion engine and battery cooling, turbocharger and air intake systems is increasingly benefiting from the trend to fuel and weight consumption with the increased usage of polyamide as well as new powertrain concepts with hybrid and electric drives with the integration of motor and battery cooling systems in the automotive industry.

Tristone Flowtech Group is also expecting a further, but smaller, growth in the current year despite a slowdown of some automotive markets in Europe.

Frankfurt/M: Tristone Flowtech Group has an annual turnover of 180 M€ and 2.100 employees, and is one of the leading automotive supplier groups for fluid applications in the area of engine cooling, battery cooling, turbocharger and air intake systems with manufacturing and development locations in Germany, Mexico, Spain, France, Italy, Poland, Czech Republic, Slovakia and Turkey.
The Group was established based on a spin‐off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to automotive customers PSA, RSA, Nissan, Fiat, Chrysler, Ford, Volvo, General Motors/Opel, VW, BMW, Daimler, Magna as well as further Tier One suppliers.

TRISTONE FLOWTECH GROUP – 2012 Indian Auto Expo Participation

From the 5th to 11th January, TRISTONE Flowtech Group participated in the 11th Indian Auto Expo (www.autoexpo.in) in New Delhi. The booth was shared with local supplier Bony Polymers with whom TRISTONE currently have a Memorandum of Understanding (MOU).

The Expo gave good exposure to many local OEM’s as well as the Indian branches of known European/American OEM’s. In particular the following companies visited, showing specific interest in TRISTONE products.

Maruti/Suzuki, PSA, GM, Mahindra, Jaguar/Landrover, Volvo, Chrysler, JCB, Tata Motors, Behr, Delphi Motors.

Interest was generally shown in all products, with more specific questions relating to surge tank development capabilities and fibre cooling hose technology. Fibre is seen as a new development with potential cost savings in a historically standardised product area.

Participants present at the Expo from TRISTONE were Andrew Hoodless (Program Management), Stephane Thomas (Sales and Marketing) & Patricia Oliveira (R&D).

In conclusion the Expo was a real success both in increasing TRISTONE’S exposure in the Indian market and as a potential low cost supplier for European OEM’s. The time spent with Bony Polymers also strengthened the relationship building trust between both parties.

Press Release:
Tristone Flowtech Group signed Memorandum of Understanding (MoU) with Indian Supplier Bony Polymers

TRISTONE Flowtech Group, with its headquarters located in Frankfurt/Germany, announced together with Bony Polymers Pvt. Ltd. located in Faridabad/India, that they have signed a Memorandum of Understanding. “This signed MOU is supporting TRISTONE Flowtech Group’s penetration of the Indian Automotive market and will be the basis to establish our manufacturing footprint in the Indian region”, says Günter Frölich, President and CEO of TRISTONE Flowtech Group. Mr. Saket Bhatia, Director of Bony Polymers said: “We are happy to have agreed with TRISTONE Flowtech Group on a future working partnership with technical support. This association will help Bony to add value to its current product portfolio by offering complete solutions in the area of engine cooling and turbocharger”.

TRISTONE Flowtech Group has recently taken over a plant in Delicias/ Mexico to increase their presence in the NAFTA and Mercosur Market with a fully owned subsidiary delivering products initially to BMW, VW and Ford.

The MOU signed will provide a framework within which TRISTONE Flowtech Group and Bony Polymers will be able to combine the strengths of both partners. The objective is to further penetrate the Indian automotive market by working together on common projects. It is intended that TRISTONE Flowtech Group will provide technical support in the areas of Engine and Battery cooling and Turbocharger applications by entering into a Technical Assistance Agreement and later a Joint Venture company in India.

Frankfurt/ Germany: TRISTONE Flowtech Group has an annual turnover of 180 M€ and 2.100 employees, and is one of the leading automotive supplier groups for Fluid Applications in the area of engine cooling, battery cooling as well as turbochargers with manufacturing and development locations in Germany, Mexico, Spain, France, Italy, Poland, Czech Republic, Slovakia  and Turkey.
The Group  was established based on a spin-off of the former Fluid Automotive Business Unit of Trelleborg AB in July 2010 and is supplying to the automotive customers PSA, RSA, Nissan, Fiat/Chrysler, Ford, Volvo, General Motors/Opel, VW, BMW, Daimler, Magna as well as further Tier One suppliers.
www.tristone.com

Faridabad/India: Bony Polymers Pvt. Ltd. has an annual group turnover of 55 M€ and is one of the leading supplier for a wide range of rubber products in India with four plants in the National Capital Region near New Delhi. Bony Polymers is supplying to the automotive customers Mahindra & Mahindra, Maruti Suzuki, Tata Motors, Swaraj Mazda, as well as to Hero Honda Motors, Honda Motorcycle & Scooter, India Yamaha Motor, Suzuki Motorcycle and to Earth Moving Equipment Manufacturers like Claas India, Escorts Agri Machineries, and JCB India and outside the automotive industry to Indian Railways.
www.bonypolymers.com

The new and modern Central Laboratory facility for rubber development is located in Walbrzych (Poland), adjacent to Tristone's production site.

Innovation, development and costumer focus are key points for the new TRISTONE Laboratory  and as a result its activities are divided in three main areas:

• Compound development
• Material/compound testing
• Functional/product testing

Satisfying costumer's demands, improving our products features and creating innovative developments is TRISTONE'S laboratory focus. Our compounds portfolio is based in different polymer bases eg. EPDM, EAM, ACM, NBR, CR, and Silicone-based among others. In addition, TRISTONE has a solid expertise and experience on the development of EPDM compound with short fiber reinforcement.

In our modern  and well equiped facilities we provide testing (compound and functional tests) according to international standards (DIN, ISO, ASTM...) as well as customer standards (VW, BMW, VOLVO, FIAT, RSA, PSA...).

Every day a team of expert engineers work on these different activities focusing on our customers requirements and offering innovative solutions.

To read more about „Training is a chance for Tristone employees“ please see the PDFs.