Imtech: exclusive 10 years cooperation agreement with Airbus
Gouda - Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces an exclusive 10 years cooperation agreement with aircraft manufacturer Airbus for the implementation of new drying technology in Airbus' drying halls worldwide. Imtech's innovative drying technology allows several types of Airbus aircrafts to be dried twice as fast, which reduces aircraft production time. At the same time, this new technology delivers savings of 45% on energy for heating and 50% for electricity. In addition, there is a 50% reduction in CO2 emissions.
René van der Bruggen, CEO Imtech: 'Imtech has been a technology partner for Airbus for many years, for example in Germany, UK and China. Active involvement with and knowledge of specific technical challenges Airbus faces has resulted in a unique solution for drying paint on several aircrafts types in the Airbus fleet. During the next 10 years, Imtech will be installing new drying technology solutions - Imtech Smart Drying System - and the attendant technical services, including maintenance services, in Airbus drying halls. This has been agreed in an exclusive cooperation agreement. It underlines the technological expertise and innovative character of Imtech solutions, and contributes to further growth for Imtech in and outside Europe.'
Innovative drying technology
The essence of the new Imtech drying technology is this: instead of intensive transfer of warm air over a long period in a huge drying hall, aircrafts now undergo tailor-made drying (according to aircraft type) in a compact environment with special 'drying covers' manufactured by Imtech. These are air filled textile hoses which are placed around the aircraft. The hot air in the hoses enables the painted areas to be heated immediately and evenly. This technique makes it possible to dry Airbus aircrafts - for example the aircraft A320 family - in a much more targeted way, making it unnecessary to heat entire drying halls. The Imtech Smart Drying System meets exact requirements to allow the heating and drying process to take place in the shortest time and as energy-efficiently as possible. Compared with the conventional technology used by all aircraft manufacturers until now, this has many advantages - as far as production time as well as operating costs, the environment and energy saving are concerned.
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Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT (information and communication technology) and mechanical solutions. With 29,000 employees, Imtech achieves annual revenue of more than 5.1 billion euro. Imtech holds strong positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and Spain, the European markets of ICT and Traffic as well as in the global marine market. In total Imtech serves 23,000 customers. Imtech offers added value with integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society, for example in the areas of energy, the environment, water and mobility. Imtech shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600 index.
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Source: Imtech via Thomson Reuters ONE