SHANGHAI, China (Nov. 7, 2012)—Freudenberg & Co. A.G. said its sales in China increased by about 10 percent in the third quarter compared with a year earlier, and its employees in that nation have risen this year to 5,723 from 600.
“In addition to established business areas such as seals and vibration control technology, specialty lubricants, non-wovens and household products, medical technology is also becoming increasingly important throughout the world in view of growing life expectancy figures,” said Hanno D. Wentzler, regional representative for China for the company and president and CEO of Freudenberg Chemical Specialties. He spoke at press conference in Shanghai Nov. 6.
Apart from medical technology, the main focus of investments in the global strategy for Freudenberg is on applications in chemical surface technology, oil and gas, industrial filtration and vibration control technology for rail vehicles, wind power and agricultural and construction machinery.
In the oil and gas industry EagleBurgmann is located in 12 cities with production sites and sales offices. And in the field of vibration control technology Freudenberg Schwab Vibration Control has a sales office in Beijing.