€40 million is to be invested in the construction of a pan-European logistics centre for Klüber Lubrication, a new technical centre with laboratories for Chem-Trend and additional offices for Chem-Trend and OKS. The three companies are subsidiaries of Freudenberg Chemical Specialities. Covering an area of around 19,000 square metres, this major project underscores the growth of Freudenberg Chemical Specialities in Europe.
“Klüber Lubrication, Chem-Trend and OKS all stand for innovation, customer orientation and growing global success. With our investment, we are creating an important framework for their future success,” said Dr. Mohsen Sohi, CEO of the Freudenberg Group.
Construction of the new logistics centre, which will house some 120 employees, and the Chem-Trend technical centre is due to be completed in the second half of 2017. The new logistics centre will centralise the European logistics operation of the Munich-based specialty lubricant manufacturer Klüber Lubrication.
“Today’s groundbreaking ceremony marks an important step for our company,” commented Hanno D. Wentzler, CEO of Freudenberg Chemical Specialities. “It will strengthen the operational infrastructure in the Munich area and in individual European companies. By combining essential logistics functions throughout Europe and creating additional capacity, we will increase our competitiveness for years to come, shorten delivery times for customers and pave the way for further growth.”