DRAKA POLYMER FILMS BV (“DRAKA”) WILL REMAIN INDEPENDENT, WITH HEALTH OPERATIONS AND SECURE GOING CONCERN

Draka hereby communicates that it respects Renolit’s strategic choice of not renewing the SPA. Draka is a Global company – last year exported to 59 countries; market leader in the Office Supplies market (PVC) – which declined and now stabilized; but the Company also has the calanders and capacity to expand in other markets – …

INVESTMENTS TO SECURE THE FUTURE OF THE LOCATION

INVESTMENTS TO SECURE THE FUTURE OF THE LOCATION Worms/Hoofddorp, Netherlands, September 07, 2018 – RENOLIT Benelux B.V., a subsidiary of RENOLIT SE, plans to purchase the business interests of Draka Polymer Films B.V. from its parent company Vulcalux Nederland B.V. Both companies have signed a share purchase agreement which foresees the future takeover of the Draka location in Enkhuizen/Netherlands …