Ad hoc-News

Glanegg, September 21, 2009

HIRSCH Servo AG: In-House Development Paves the Way for Entry into Pallet Sector

The market for transport packaging is currently seeing many changes. Trends in pallets are towards sustainable reusable systems made of wood or, to an increasing extent, alternative materials. Experts reckon some 850 million new pallets are produced annually worldwide with alternative materials accounting for about ten percent. Of this figure, around 18 million are plastic pallets. They are used in many different industries, including pharmaceuticals, cosmetics, food and electronics, for temperature sensitive and high quality products, airfreight, etc.

Following a year’s development work, HIRSCH is now rolling out the prototype of a fully automatic pallet manufacturing facility. It is scheduled to be production ready by the end of 2007. The unique production process developed by HIRSCH maximizes flexibility and cost efficiency in manufacturing a new composite pallet using polystyrene. Thanks to its properties, the premium HIRSCH pallet is suitable for the most demanding solutions. It has been certified by the Institute of Distribution and Handling in Dortmund to ÖNORM EN ISO 8611-1 and a patent is pending.

Over the next few years, the HIRSCH Servo Group intends to operate an increasing number of HIRSCH pallet plants. A HIRSCH pallet manufacturing facility has a capacity of around 300,000 pallets/year and the pallets are 100% recyclable.

The next date on the financial calendar is October 18, 2007 when the balance sheet press conference and the analysts’ and investors’ meeting will be held.

*The HIRSCH Servo Group is the EPS specialist on the Vienna Stock Exchange with manufacturing facilities in Austria, Hungary, Poland, Slovakia, Italy and Romania. EPS products (EPS stands for expandable polystyrene and is better known under the brand name of Porozell®) support a variety of functions, including climate protection and energy savings, as well as sustainable and eco-friendly growth. Their wide-ranging applications cover packaging, shape-molded parts, building insulation, modular boards for underfloor heating, construction blocks and Thermozell® lightweight concrete products.

For further information, please contact Michaela Promberger, Tel: +43 4277 2211-312,
Fax ext.: 370, michaela.promberger@hirsch-gruppe.com, www.hirsch-gruppe.com