03/21/2006 - Süd-Chemie took over a majority stake in a Swiss producer of pharmaceutical packaging

Süd-Chemie AG, Munich, took over a 51% stake in Süd-Chemie Schweiz SA located in Broc, Fribourg/Switzerland. Joint venture partner is the Swiss company Plaspaq SA, Broc, a wholly-owned subsidiary of PQH Holding SA, Fribourg/Switzerland.

Following the formation of Süd-Chemie Schweiz, Plaspaq transferred its pharmaceutical packaging division to this newly founded company. The transaction was so far subject to approval by the antitrust authorities and the closing.

The joint venture with the Swiss specialist in the development and manufacture of pharmaceutical packaging completes Süd-Chemie’s existing good position in packaging solutions for the pharmaceutical industry in Europe.

Munich, 21 March 2006

Contact:
Patrick Salchow
Head of Corporate Public Relations
Süd-Chemie AG
Phone: +49 (0)89 5110-250
Fax: +49 (0)89 5110-302

Süd-Chemie (www.sud-chemie.com) is an independent specialty chemical company headquartered in Munich and operating on a worldwide scale. Key markets served by its Adsorbents Division include the consumer-goods, packaging and foundry industries, as well as the paper and plastics industries. Products manufactured by the Catalysts Division offer solutions for water treatment, petrochemicals processing, energy storage and hydrogen production, as well as off-gas purification. The common denominator for all its products and innovations is the efficient and sparing use of natural resources to enhance the quality of life for humans and the environment. Sales of € 862 million were generated in 2004, 80% of these outside Germany. Süd-Chemie employs more than 5,100 people at its 62 sales and production sites around the world.