Renergia – making energy from waste
Transcrição
Renergia – making energy from waste
cph news July 2015 The company magazine for our employees Renergia – making energy from waste The Renergia facility in Perlen began incinerating waste in January 2015. The new incineration plant provides steam for Perlen Papier. Jeremiah Chapman A vision of recycling from Zeochem blister packs On the Forbes “30 under 30” list A visionary step towards reducing CO2 levels July 2015 // Editorial 04 Word from the CEO Welcome Welcome Core theme 06 Working hard to ensure the efficient use of energy 09 We take care of our health and the environment 20 Jeremiah Chapman on the Forbes “30 under 30” list 6 Working hard to ensure the efficient use of energy 26 Ground-breaking in China is a milestone From the companies 10 Renergia – making energy from waste 13 One year accident-free at the Perlen plant / Repeated award success for service and quality 14 “Smart Move Forward” 16 CPH AGM: shareholders vote electronically for the first time 18 Interview with Manuel Werder 20 Interview with Kaspar Kelterborn 22 Successful participation at the FCE exhibition in Brazil 23 Perlen Packaging at the API China show in Shanghai 24 Blister recycling - a vision 26 Ground-breaking in China is a milestone 28 Well positioned with global strategy 30 At the pulse of the US pharma industry 32 Zeochem’s Jeremiah Chapman Personnel news 35 Personnel matters in the CPH Group 36 Tradition of appreciation Dear Reader, I am delighted to present a new edition of cph news, featuring various articles from the CPH Group. In this edition, we focus on our primary topic of environment and safety and reveal various aspects of everyday working life in CPH’s three business divisions. We also report on the efficient use of energy as well as on environmental matters, which are becoming more and more significant. Following the successful launch of the new Renergia waste incineration plant at the start of the year, our report shows how waste can be transformed into energy and how the use of that energy can be managed in a targeted manner. The need to look after the environment is an issue that affects us all, both in our work and in our private lives. An article on this topic from the Uetikon site is included in this edition of cph news. We report on our successful participation in the pharmaceutical market and on the ground-breaking ceremony at the new site in Wujiang, China, which took place on 16 April following several delays. This edition also focuses on our apprentices in the technical professions who are in the final year of their training. They report on their individual practical assessments, which form part of their final exams. Jeremiah Chapman from Zeochem L.L.C. has taken a big step forwards in his professional career. He was named on Forbes Magazine’s annual “30 under 30” list, a tally of the 30 brightest up-and-coming stars in 15 different fields. In this edition of cph news, we say goodbye to Dr Armin Pfenninger, a longstanding member of our editorial team who is taking his well-earned retirement this summer. We would like to thank Dr Pfenninger for his valuable and always inspiring contributions and his great commitment, and wish him all the very best for the future. On behalf of the editorial team, I would like to wish you a wonderful summer with many sunny, enjoyable and relaxing moments. Anna Ragozzino CPH CPH NEWS 3 July 2015 // Dear Colleagues, W e had exactly two weeks at the start of the year in which to enjoy CPH’s reinvigoration and its good result for 2014. Until 15 January, when the Swiss National Bank scrapped the minimum exchange rate of CHF 1.20 to the euro, CPH’s outlook for 2015 appeared promising. Since then, the franc’s value has increased by some 15 percent against the euro. You will recall that the exchange rate stood at CHF 1.50 to the euro just a few years ago. At that time, when we sold EUR 1 worth of products in the eurozone, we earned CHF 1.50. In mid-January 2015, the same euro was worth CHF 1.20, and since 15 January we have been making only a little over CHF 1 for every euro of sales. This will have an impact on our business performance, particularly on our result for the first half of 2015. CPH generates 86 percent of its income in foreign 4 CPH NEWS July 2015 // Editorial currencies, primarily in euros and secondly in US dollars. If these currencies weaken, our income in francs is reduced, even if our sales remain exactly the same in euros and US dollars. Viewed from a local perspective, our performance in the first half of 2015 was quite good. We were once again able to increase our sales volumes. However, the quantities of paper, films and molecular sieves sold are only one side of the coin. If market prices rise, the picture improves, and revenues increase even if sales volumes remain the same. The opposite happens if prices fall. In the paper industry, prices for newsprint were significantly down year-on-year in the first half of 2015 due to structural overcapacities, and this is having a corresponding impact on sales in local currencies. We can combat falling prices to a certain extent by increasing production volumes. These increased production volumes have enabled us to maintain our sales in the Paper Division in recent years. The situation is somewhat more complex on the cost side. Key questions are which currency the costs are incurred in and whether they are generated in the same currency as the sales. Most products from the Perlen and Uetikon sites are exported, meaning they generate revenues in foreign currencies. The higher the proportion of costs generated in francs at these sites, the greater the gap between income and expenses due to the overvaluation of the Swiss franc. For this reason, raw materials needed for production in Switzerland are purchased in foreign currencies, primarily euros, wherever possible, creating a kind of natural hedge for us. This is not possible with infrastructure and personnel costs, however, and they are incurred in local currencies. Nevertheless, we also have to look for solutions here at the Swiss sites in order to combat margin pressure. To this end, we planned a temporary extension in working hours at the Perlen site. Unfortunately, the Unia union obstructed this measure even though the workforce and employee representatives had agreed to it. Given the paper indus- try’s reliance on exports, this completely incomprehensible attitude puts jobs at risk and damages Switzerland as an industrial centre. We will have to look for other solutions to this problem. In addition, we are in the process of implementing ongoing and new efficiency improvement programmes with the aim of optimizing processes and costs at all sites and at every production level. These include the ProFIT project at Perlen Papier and the Smart Move Forward project at Perlen Packaging, for example. Implementing these programmes puts us in a position to remain competitive. And we have indeed managed to do so thanks to our employees’ untiring commitment over many years, as is evidenced by our return to profit last year. In the first half of 2015, however, we will report a loss due to the appreciation of the franc. Despite this turn of events, we are confident that we are correctly positioned with our strategic focus. The construction of the Packaging division’s site in China is progressing well. The ground-breaking ceremony has taken place, and we plan to be manufacturing our first products locally and selling them on the local markets within a year. This will enable us to gradually reduce our dependence on currency developments and the saturated European markets and react more quickly to the needs of local growth markets. There is a lot going on in the Paper division, too. The process of procuring steam from the Renergia facility has begun. As a result, we are proud to announce that the CPH Group’s production is now practically CO2-neutral. With this in mind, the main topic of this edition of cph news could not be more apt. The Environment and Safety departments introduce themselves and demonstrate that we are making an important contribution to ensuring the careful use of resources. The paper factory in Perlen is basically a recycling plant in which recovered paper, woodchip waste and energy are recycled into newsprint and magazine paper. Of course it is not just for environmental reasons that we believe we are manufacturing a useful product that is in great demand on Editorial the market. Printed newspapers will continue to exist long into the future. We do not believe that the Internet will completely replace the printed press. The disappearance of newspapers and magazines was already predicted when the radio emerged in the 20th century and then again with the spread of the television. Now we have the Internet too, and all the different media continue to exist alongside one another. Interestingly, 72 percent of today's 20- to 30-year-olds, who have grown up with smartphones and the Internet, still continue to read physical newspapers. This means that the proportion of readers in this group is virtually the same as it is in the older generations. There are many good reasons for print. The website www.printpower.eu has compiled numerous examples and case studies. Have a look, it’s worth it. In the second half of 2015 we will continue to work on becoming even better and even more efficient in order to offset the competitive disadvantage we are facing on the international markets as a result of the currency situation. If you compare purchasing power in Switzerland with that in the rest of Europe, the franc ought to be considerably weaker. But the past has shown that exchange rate imbalances can exist for a long time. For those of you who are going away this summer, I hope you have a relaxing and enjoyable holiday. I look forward to tackling the second half of the year with all of you. Thank you for your valuable contribution and great commitment. Peter Schildknecht CEO CPH Group CPH NEWS 5 July 2015 // July 2015 // Environment and Safety View of the Perlen Papier AG site from the east (from the Renergia chimney): compliance with the requirements of the Swiss Clean Air Act (LRV) with regard to waste gas emissions (boiler house, waste incineration plant) is monitored and ensured. Increasing the moisture content of the paper made in PM7 has reduced the amount of drying/live steam required in paper production, enabling us to save some 1,500,000 kWh of thermal energy per year. Working hard to ensure the efficient use of energy Environmental issues are becoming ever more important. At Perlen Papier, the Environment department is the first port of call both internally and externally for all matters related to the environment. Its main focus is on the efficient use of energy and resources. T he guiding principle of the CPH Group is “to act in a responsible manner towards our employees, business partners, society, the government and the environment.” This is defined more precisely as “the efficient use of resources and the avoidance of emissions, waste and waste water are crucial to the success of our company.” The Environment department is the place where everything comes together. The Head of Environmental Management is an internal contact person and service provider for all topics re6 CPH NEWS lated to the environment and also works with other divisions on specific projects. In addition, he is responsible for contact with the relevant external partners, i.e. with official federal and cantonal authorities, with specialists and with interested or affected members of the general population. Growing importance of environmental issues In day-to-day business, the Head of Environmental Management acts as an expert for en- Environment and Safety In the internal waste-water treatment plant, waste water is cleaned, cooled and fed into the works canal in compliance with the Water Protection Ordinance. vironment-related questions on authorizations, malfunctions and waste disposal. As the company’s “environmental conscience”, he is responsible for compliance with legal, regulatory and other requirements with regard to the environment as well as for maintaining and updating the environmental management system in accordance with ISO 14001. It is clear that environmental issues have grown in importance in recent times and that this trend will continue for many years to come. For companies, this means a constantly increasing number of obligations and responsibilities. Changes in the legal situation result in a greater administrative workload, for example, and more time is required for monitoring, reporting and compiling statistics. Additional restrictions on planning permission, and new authorization requirements and agreements are placing ever greater demands on the Environment department. Energy efficiency – every kilowatt-hour counts We place a special focus on improving energy efficiency and ensuring the conscientious and efficient use of electricity and heat. When you consider that Perlen Papier uses 630 million kilowatt-hours (kWh) of electricity and 530 million kWh of steam every year, it is obvious why. After the costs of buying fibres, energy costs represent Perlen Papier’s second largest variable cost block, meaning that they have a major influence on the earnings of what is one of Switzerland’s most energy-intensive businesses. Alongside numerous individual projects with considerable savings potential, the effect of changing one’s day-to-day behaviour must not be underestimated. By acting responsibly, every single one of us can reduce energy consumption, do our bit for the environment and save money, even if it’s just through small actions such as switching off CPH NEWS 7 July 2015 // July 2015 // Environment and Safety lights, machines and PCs when they are not in use or consistently closing doors and gates. Taken together, targeted actions have an immediate effect. Perlen Papier signed such an objectives agreement with the Swiss Federal Office of Energy in March 2015. In this agreement, we commit to progressively improving our energy efficiency by 2.8 percent by 2022. This objective will be achieved with a total of 30 measures and an investment volume of approximately CHF 2 million. The most important measures are: Energy savings WIP High-pressure steam accumulator 8 million kWh/year PM7 Decommissioning of RT fan 3.2 million kWh/year TMP Use of energy-efficient dolphin rotors (sorting) 3 million kWh/year PM4 Condensate level hood air supply 3 2.9 million kWh/year PM7 Increase in paper moisture content 1.5 million kWh/year Energy Strategy 2050 – ambitious plans At present, the Environment department’s most significant and challenging project is related to the federal government’s Energy Strategy 2050, which is aimed at securing Switzerland’s electricity supply and increasing its energy efficiency over the long term. As part of the strategy, large-scale electricity consumers such as Perlen Papier can exempt themselves from surcharges on the price of electricity by committing to increase their energy efficiency (see box). The basis for this is an objectives agreement with the federal government which sets out the percentage by which a company is going to improve its energy efficiency The implementation and monitoring of this obby 2022 and how it is going to do this. jectives agreement is one of the things that will continue to occupy the Environment department for some years to come. The same is true of the company’s participation in the Business Energy Good to know Agency’s programme to actively reduce CO2 emisAll electricity consumers in Switzersions. Here, too, an objectives agreement recogland pay what is known as compennized by the federal government/the Federal Office satory feed-in remuneration (KEV). for the Environment has to be implemented. FinalSince 1 January 2015, this has stood ly, additional guidelines, restrictions and regulaat CHF 0.011/kWh. The money is tions in the area of the environment are one more used to finance renewable energies. thing which is keeping the Environment departLarge-scale consumers have the opment busy. tion of having the KEV surcharge refunded. 8 CPH NEWS Patrick Birrer Perlen Papier AG Environment and Safety We take care of our health and the environment Asim Fazlji checks and looks after the banks of the lake. D tems have gradually been renovated and fitted with modern filters. All exhaust air systems now meet the required threshold values for dust. There are no more dust emissions unless a technical defect has occurred. In 2007, Zeochem had an environmental impact assessment carried out on the site. This study showed which conditions would have to be in place for the company to expand its activities on the site of the chemical plant. Factors taken into account included traffic volumes, air, water and soil emissions and the effects on accident prevention systems. Over the last ten years, the issue of energy efficiency has very much come to the fore. Zeochem is participating in the programme of the Business Energy Association and has undertaken to continuously reduce its CO2 emissions. This programme has been particularly successful and won an award from the international organization Responsible Care in 2009. Last year, another important environmental project was implemented. The residual heat from waste water in our internal treatment plant is now used as a source of energy by the Uetikon heating complex. When complete, the system will have the capacity to provide 5.2 million kWh of energy per year in the form of thermal heat and warm water, thus contributing to a further reduction in CO2 emissions. The heating complex was officially inaugurated on 9 May 2015. ue to various accidents and the resulting changes in people’s attitude toward the environment, Switzerland introduced a new Environmental Protection Act in the 1980s. Following the Schweizerhalle disaster, the canton of Zurich set up its own risk committee to support the Uetikon chemical plant with the implementation of the new environmental guidelines. Over the following years, structural changes were made to the large buildings to divide them into separate fire areas, new firefighting concepts were devised and catch basins were installed for chemical leaks and extinguishing water. These measures will prevent chemicals from spreading and leaking into Lake Zurich in the event of an accident. The areas of focus have changed since the Dr Armin Pfenninger turn of the millennium. The ventilation sys- ZeochemAG CPH NEWS 9 July 2015 // July 2015 // Environment and Safety From the companies Energy usage One crucial factor for Perlen Papier is the use of the energy generated by the incineration process. The steam produced by Renergia is fed through pipes into the nearby paper machines, where it is used in the drying of the paper. The steam is also used to generate electricity, with the Renergia steam turbine producing up to 155 gigawatt-hours of electricity per year and meeting the needs of around 38,000 households. The electricity is fed into the CKW grid. We asked Ruedi Kummer, project leader and managing director of Renergia Central Switzerland, to tell us how the project was coming on. Renergia – making energy from waste The Renergia facility in Perlen began incinerating waste in January 2015. A replacement for the old Ibach incinerator, the new incineration plant provides steam for Perlen Papier AG. Increased capacity The new facility has a significantly higher capacity than the old incineration plant in the Ibach industrial zone on the outskirts of Lucerne. The two Renergia incinerators can burn up to 200,000 tonnes of waste per year. Instead of transporting a large part of the waste created in central Switzerland to neigh10 CPH NEWS bouring cantons such as Zurich, Aargau or Glarus, it can now be incinerated in Perlen. With double the incineration capacity, Renergia can dispose of waste from the whole of central Switzerland, thus eliminating the need to transport waste over long distances and significantly reducing the amount of work involved. Mr Kummer, Renergia has been in operation for three months now. Are you happy with how the project is coming on? It was always clear that such a complex facility could not just be started by pressing a button and that numerous obProject leader Ruedi Kummer. stacles would have to be overcome before the plant could go into regular operation. Accordingly, numerous start-up engineers and technicians have been busy eliminating all the weaknesses since the first fire. That said, we are very happy overall. Have there been events that you consider to be particularly positive? On 5 January 2015, the Lucerne incineration plant was officially decommissioned, and two days later Renergia went into operation with the same team. The fact that the whole process worked without a single tonne of waste having to be sent elsewhere was an excellent achievement by the whole team! CPH NEWS 11 July 2015 // July 2015 // Environment and Safety From the companies One year accident-free at the Perlen plant On 11 June 2015, we finally reached a whole year without a single industrial accident. The pleasure is all the greater since we have often had to record an incident shortly before reaching this milestone over recent years. H And what about the more negative experiences? As I said, there are thousands of little problems that are keeping us busy at the moment, but that is normal. However, after the steam turbine went into operation, there were serious concerns that the turbine had been severely damaged and also that other parts of the facility might have suffered internal damage. Meetings were held with the insurers and claims experts and a number of people from the project leadership team suffered sleepless nights. Luckily the all-clear was given after two weeks. What are the next steps in the project? The approval of the plant and the takeover by Renergia is planned for midJune. Until then, we will be carrying out final improvements and training and putting together the final documentation. At the opening ceremony at the end of June 2015, we will be saying thank you to everyone involved for their contributions to this exciting project. Thank you for your explanations, Mr What is happening at the moment in the new Kummer. We would like to congratulate you on the successful start of operations incineration plant? We are currently working through all specified op- and wish you continued success. erating scenarios as part of a test run with subsequent proof of performance, and a number of PEPA employees are feeling the effects of this. Franz Graf Whether it be emissions, noise generation or the Perlen Papier AG use of resources; basically, all parameters guaranteed by the manufacturers are being measured. 12 CPH NEWS ealth and safety plays an important role in our enterprise. We have set ourselves the goal of protecting our staff from hazards at the workplace and ensuring their health and safety. Injuries at work primarily cause pain and suffering for the employees concerned and their families. At the same time, accidents and work-related illness entail high costs for the company. So it is extremely important to constantly maintain and enhance high standards in terms of health and safety and work. To help us achieve this, we will continue to rely on your assistance going forward. You should report any danger points, near misses and physical damage immediately so that an appropriate response can be made promptly. You can play your part in health and safety and work to ensure that, together, we can have yet another year without any industrial accidents. We would like to thank everyone who helped to achieve this goal by working safely. Peter Henz Perlen Packaging Repeated award success for service and quality S ome news that gives us great pride: on 12 May 2015 Perlen Packaging again received an award from the Brazilian Pharmaceutical Industry Association for Best Service and Quality in partnership with Brazilian pharmaceutical companies. This award from “SINDUSFARMA – Sindicato das Indústrias Farmacêuticas” is the result of excellent cooperation with our customers on a local and global level. Johannes Giessler Perlen Packaging (from left to right) Johannes Giessler, Perlen Packaging, Carina Ventura Martins and Patrick Thüring, Selectchemie. CPH NEWS 13 July 2015 // July 2015 // From the companies EBIT No. Topic “Smart Move Forward” S mart Move Forward is the name of the programme set up to enhance processes and results at Perlen Packaging. The aim of this programme is to help us return to results at the year-ago level at the least following the weak first half of 2014. This was the goal stated in the article in the last issue of cph news dated December 2014. It was already becoming apparent in December 2014 that the initiated measures were starting to bear fruit, yielding the expected improvement in results. Unfortunately, it was too late to make up for the weak first half of the year. The decision announced by the Swiss National Bank on 15 January 2015 to give up the minimum rate for the franc against the euro took us completely by surprise. The appreciation of the franc this triggered against all the currencies of relevance for us required extra measures to be taken immediately to enhance processes and results. Alongside further activities in the 13 existing sub-projects, it was necessary to shelve investments of CHF 1.783 million as well. The details can be found in the tables at the top. 14 CPH NEWS 1.1 1.2 1.3 2.0 Total measures Waste Müllheim 0 Waste Perlen 140 Waste Packaging 35 Planning (optimization available capacity) 70 3.1 Productivity/performance Müllheim 245 3.2 Productivity/performance Perlen 140 3.3 Productivity/performance Packaging 4.0 Procurement 420 5.0 Logistics/SC 175 6.1 Staff Müllheim* 6.2 Staff Müllheim and Perlen* 210 210 7.0 Sales 350 8.0 Other measures Total CASH The work in the 13 sub-projects since the summer of 2014 has yielded pleasing results. Major advances have been achieved in the fields of waste and productivity involving the Explorer in particular. This meant that it was not necessary to use the Muck machine for coating in the first five months of this year. Improvements have also been achieved in all the other projects at the same time. It’s not just the big gains but also the many small advances that are important and necessary. The table below to the right shows the results achieved in Smart Move Forward as of 31 May 2015 compared with the targets set. The start has been successful: more than 50 percent of the target has been attained. Thank you for your efforts and the achievements to date. Now we need to keep going to ensure that the project remains right on track. Peter Henz Perlen Packaging 0 Reduction, Müllheim facility Reduction, Perlen facility Negative effect, ventilation Reduction, L.L.C. IT reduction Total investment reduction 1.1 Waste Müllheim 1.2 Comments Compliance with demanding budget, improvement in 60 ym manufacturing Implementing measures (length, waste from coating, ECONOMY quality) Reduction of cutting waste in the USA Range adjustments/streamlining Measures (block manufacturing, process optimization, calendar performance enhancement) Realising production optimizations (multiple passes, programmes, cleaning, etc. LZW 87 instead of 85%) No further potential in 2015 Solvin contract, further procurement optimization Further optimisation of shipping costs, optimization of packaging and materials Reduction of contract workers Extended working hours, 3/2 shift model on the Muck Optimization of homo/copo types, food range, additional business in the high-margin segment, sales Waste rolls Further optimizing overdeliveries, travel cost optimization Improvement on 2015 budget 140 2,135 Total measures 1,740 93 –600 150 400 1,783 No. Topic From the companies Comments Automatic packing/cylinder/other Other Ventilation renovation / price gain on primer coating head Other projects Other projects 2015 target Status to 31/5/15 Comments Project status 29/4/2015 0 –17 Waste Perlen 140 155 Reduction of coating waste 1.3 Waste Packaging 35 11 Reduction of cutting waste L.L.C. 2.0 Planning (optimizing available capacity) 70 0 3.1 Productivity/performance Müllheim 245 96 Elimination of performance bottlenecks 3.2 Productivity/performance Perlen 140 583 Improvement in Explorer hourly performance 3.3 Productivity/performance Packaging 0 0 4.0 Procurement 420 412 14 measures under way 5.0 Logistics/SC 175 60 Optimization of L.L.C. and IC delivery 6.1 Staff Müllheim 210 126 Staff shortfall 6.2 Staff Müllheim and Perlen 210 35 Staff reduction / no Muck production 7.0 Sales 350 104 Turnover booked 8.0 Other measures 140 70 Travel costs 2,135 1635 Total Total improvement CPH NEWS 15 July 2015 // July 2015 // From the companies The Chairman of the Board of Directors, Peter Schaub, welcoming the shareholders. The electronic voting devices are in the foreground. CPH AGM: shareholders vote electronically for the first time O n 1 April 2015 (no April fool’s joke!), 187 shareholders gathered in the Lucerne Culture and Convention Centre (KKL) for the Annual General Meeting of CPH Chemie + Papier Holding. They represented 80 percent of the voting rights. No less than 20 votes and elections were on the agenda, more than ever before. Indeed, in the wake of the Minder Initiative, the Annual General Meeting has received additional competencies: It is required to vote on the remuneration paid to Board members and senior executives and elect members to the Personnel and Compensation Committee of the Board of Directors. 16 CPH NEWS Amended bylaws and stock split This meant that the CPH bylaws similarly needed to be revised and approved. In addition, the Board of Directors introduced a stock-split motion at a ratio of one to twenty. In other words, one share would now trade for around 50 francs instead of 1,000 francs. This measure was intended to make the share “lighter” and hence more attractive. A further innovation related to the mode of voting, using electronic means instead of a show of hands as before. The Chairman of the Board of Directors, Peter Schaub, conducted the meeting with his usual aplomb and oversaw From the companies Shareholders in lively conversations in the KKL foyer in Lucerne after the AGM. the voting, with all the motions being approved by large majorities. Two new members of the Board of Directors were elected as Hanspeter Balmer had resigned in summer 2014 and Dr Max Walter did not stand for re-election at the Annual General Meeting for age reasons. compared himself with a relay runner who, after finishing his leg, passes on the baton to the next member of the team. Taking up the baton on the Board of Directors are Manuel Werder and Kaspar W. Kelterborn, both of whom were elected with enormous majorities. As a lawyer and partner with Niederer Kraft & Frey, Manuel Werder brings broad knowledge of corporate law and company transactions to the Board of Directors. A proven expert in finance, Kaspar W. Kelterborn is CFO of Conzzeta and a member of its Executive Board. You can find out more about the new members of the Board of Directors in the short interviews on pages 18 and 20. Dr Max Walter passes on the baton Dr Max Walter was closely linked with the fortunes of CPH for a quarter of a century. He was first elected to the Board of Directors – at that time of Perlen Holding AG – in 1990. This company was absorbed by CPH Chemie + Papier Holding AG in 1998, at which point Dr Walter assumed the position of vice chairman of the Board of Directors. He was also a member of the Finance and Auditing Committee. Peter Schaub praised his major contributions to the long-term development of CPH, notably highlighting his far-sighted, sustained and Christian Weber positive attitude towards innovation. Dr Walter CPH CPH NEWS 17 July 2015 // July 2015 // From the companies From the companies Goal-oriented team player Manuel Werder joined the Board of Directors of CPH on 1 April 2015. He replaces Max Walter, who did not stand for re-election for age reasons. MANUEL WERDER ––– Date of birth 13 June 1974 Family Two children ––– Career After studying jurisprudence and gaining a licence to work as a lawyer, Manuel Werder practiced in various law firms at home and abroad. Today he is a partner at Niederer Kraft & Frey in Zurich, specialising in company law as well as domestic and international M&A transactions. Where will CPH be ten years from now? Manuel Werder: By then, I believe that CPH will have long since achieved the targeted regional cost leadership in the Paper division and strengthened its position in the Packaging and Chemicals divisions. It’s also likely that the Packaging and Chemicals divisions will have a stronger presence abroad. There’s also a fair chance that CPH will have commercial activities in other areas. You’re one of the descendants of the large Schnorf family that founded CPH. How many shareholders still come from the extended family today? Around a hundred shareholders from the extended family have at least indirect holdings in CPH through UBV Uetikon Betriebs- und Verwaltungs AG. A number of these family members also still directly hold shares in the company today. How would you describe your working style? I see myself as a team player and would describe myself as goal-oriented, pragmatic and efficient. 18 CPH NEWS What did you want to be when you were growing up, and why didn’t this happen? When I was young, I wanted to be a doctor, partly because both of my parents were in the medical profession. When I started thinking seriously about possible careers before going to university, I realised that I had more interest and skills in negotiating and resolving conflicts than in the natural sciences and that I felt far more at home in the world of business than health care. the opportunities to do so have become rarer since I had children. Where do you like going on holiday? In the past, it couldn’t be exotic or far enough away for me. I’m really interested in foreign countries and cultures. At the latest when I had children, I rediscovered the beauty of our Alps and right now I like to go on holiday in the mountains and lakes of Switzerland. But I’m also looking forward to the next stage of my children (plus my wife and me) heading Who is your role model, and what can we off for some foreign corner of the world. learn from this person? What is your favourite TV show? I’ve never really had just one role model. This may be because everyone who might act as a I hardly watch any TV shows today. I used to role model in certain respects also has their watch occasionally when I was living in New weaknesses. Over my life, I’ve encountered York from 2001 to 2004. Of those that were various people who are role models in some airing at that time I liked “Seinfeld” and way and from whom I’ve been able to learn “Friends” the most. something. In some cases, it was their analytWhat would you like to do at least once in ic and tactical skills, in others, the ability to find a healthy balance between work and your life? home, and yet more, their social talents and I’m really pretty satisfied with the way life is panning out and thankful that I’ve already their sense of responsibility. had the chance to experience so much. Maybe taking a flight in a hot air balloon would be What hobbies do you have? Sport and exercise are very important to me. good. I’ve not done that yet. This includes hiking, cycling, swimming and skiing. I like playing football as well. I also en- Christian Weber joy going to the theatre or cinema, although CPH CPH NEWS 19 July 2015 // July 2015 // From the companies From the companies Efficient communicator Kaspar Kelterborn was added to the CPH Board of Directors on 1 April 2015 to succeed Hanspeter Balmer, who resigned last summer. KASPAR W. KELTERBORN ––– Date of birth 22 March 1964 Family Two children What fascinates you about CPH? Kaspar W. Kelterborn: CPH is a company with very deep roots and three lucrative lines of business. It’s also in the middle of a very exciting period of international expansion. I also see numerous parallels with my current employer. Just like Conzzeta, CPH also has a broadly diversified business portfolio, a decentralised leadership structure and a shareholder base with majority owners from the founding family. I had the chance to get to know the senior management team at the awayday we held at the end of April; I was really impressed by the depth of their knowledge and the open, uncomplicated way they communicated, but also by the complexity of the business models and the challenges posed by the strong franc. Where will CPH be ten years from now? Gazing into the crystal ball is not really my ––– Career thing… but I will do all I can to ensure that After studying ecoCPH can pursue and achieve its strategic nomics at the Universigoals efficiently, keeping it an attractive firm ty of St. Gallen, Kaspar W. Kelterborn held for our employees, customers and investors. down leading domestic and international positions in finance at the Clariant Group. FollowHow would you describe your working ing his return to Switzerland, he was CFO and a style? member of the Executive Board at Unaxis. He I like to work in a way that is efficient, approhas been CFO and a member of the Executive priate and goal-oriented. Within this, I appreBoard of Conzzeta since 2006. ciate pragmatic processes, clear responsibilities and direct lines of communication. 20 CPH NEWS What did you want to be when you were growing up, and why didn’t this happen? Like many other young boys, I wanted to be a pilot – I was simply fascinated by the freedom seemingly enjoyed by aircraft, and I secretly still look up to the see the plane whenever I hear one (smiles)… But when I got my first pair of glasses, that dream was quickly put to rest, although I did still manage to gain a parachuting licence while at university. My last jump was actually a few years ago now. What hobbies do you have? I still dream of flying… otherwise, I really like spending time with my family, try to do the cooking every now and then, enjoy music and like getting out in the great outdoors. Where do you like going on holiday? Pretty much anywhere I haven’t been before. What would you like to do at least once in your life? Naturally there’s a whole list of things, but I Who is your role model, and what can we still have plenty of time for all that. At present, it’s important for me to get my personal learn from this person? As far as I’m concerned, a role model emerges and professional life right in the here and from the connection with a given situation in now. which a person or a group has achieved something out of the ordinary. So I don’t really Christian Weber have a role model – rather I’m moved by peo- CPH ple like Mahatma Gandhi, Winston Churchill and Neil Armstrong, and the list also includes Walt Disney, Roger Federer and my parents. They all did something great in quite specific situations, believed in their visions, values and missions, prevailed even in difficult circumstances and always kept their feet on the ground. In the course of my life so far, I’ve come across numerous interesting people from whom I’ve been able to learn much. CPH NEWS 21 July 2015 // July 2015 // From the companies From the companies Successful participation at the FCE exhibition in Brazil Common booth with Selectchemie. Richard Immer (Regional Sales Director, Perlen Packaging) discussing with Stephen Lin (Purchasing Manager, Boehringer Shanghai) T his year was the 20th FCE pharmaceutical exhibition in São Paulo and again we took part, sharing a booth with our Brazilian agent Selectchemie. In short: there was major interest in our barrier products and a gratifying supplier award. FCE Pharma is the leading technology exhibition for the pharma industry in Brazil. It was held from 10 to 12 May in tandem with the FCE Cosmetique and was a big success, attracting nearly 17,000 visitors. The same can be said for Selectchemie and Perlen Packaging. Selectchemie combined the exhibition with their own customer event to celebrate their 45th anniversary. Perlen Packaging had many excellent meetings, including some with major pharma companies, on the subject of high barrier films. Our products Tristar ultra, Tristra Ultra protect and Up 360 attracted the most attention. 22 CPH NEWS Second place in the supplier awards Traditionally the winners of the annual supplier awards are crowned during the FCE Show. Perlen Packaging gained an excellent second place and was honoured with a “Golden Oscar”. The exhibition was also a great opportunity to cement the cooperation with Selectchemie and Sekoya. We have decided to jointly strengthen our position in the Brazilian market, which bodes well for the future. Fredy Brunner Perlen Packaging Perlen Packaging at the API China show in Shanghai T he API was held from 15th to 17th May at the new exhibition centre near Hongqiao airport, and Perlen Packaging participated for the first time. On our 18m2 booth we welcomed many Chinese and multinational customers from various regions of China. Despite the sub-optimal timing of the event over the weekend and the transportation collapse on the first evening, the exhibition was an overall success with interesting new leads. We will soon be back in Shanghai for the next exhibition: the CPhI / InnoPack from 24th to 26th June at the SNIEC centre on the Pudong side. Richard Immer Perlen Packaging CPH NEWS 23 July 2015 // July 2015 // From the companies Ambitious environmental goals with PVC Every year 37 million tons of PVC are produced across the world – 5.5 million tons in Europe alone. The European PVC industry employs about 500,000 workers in 21,000 companies. These are bound together by the commitment of the chemical industry for sustainable development from idea to end user. Since 2003 the amount of PVC being recycled has been steadily increasing and peaked at 0.4 million tons in 2003. By 2020 the goal is to reach 0.8 million tons/year, of the theoretically recyclable 2.9 million tons/year across the EU, by using one of the established recycling processes. The remaining quantity is either not accessible, e.g. underground piping, in landfills or mostly incinerated, as in the case of blister films. Post industrial waste. Blister recycling - a vision PVC and PVC laminates can now be recycled using various technologies. The profitable processes long used for window frames, pipes and floor coverings are not yet available for blisters that contain aluminium, however. Together with the AGPU, ERPA and VINYLplus, Perlen Packaging is taking first steps towards recycling instead of the usual method of incinerating blister waste – this visionary step to reduce CO2 greenhouse gases is being closely followed by our customers. 24 CPH NEWS Recycling of blisters is in its infancy The share of blistered material is relatively small – only 0.4% of the PVC produced is used as films for tablet packaging. The established recycling process used for window profiles, pipes and floor coverings cannot be applied for blisters. Apart from technical aspects, the logistical issues are complex: it is not possible to collect the “post-consumer” economically. Therefore, in the pharmaceutical industry the focus is on “post-industrial waste” collected directly at the pharma companies, such as punch scrap or rejected, empty blister packs. These valuable secondary raw materials can be transported to a central collection point and there the plastics can be separated from the aluminium. So far there is neither a business model nor any practical experience. From the companies Recyclable PVC-Granulate. ERPA and VINYLplus. In unprecedented fashion Perlen Packaging is bringing together customers, members of the PVC associations and representatives of the recycling companies to define goals and milestones. Customers are providing tons of their secondary raw materials. Using a new technology the material is first shredded and then the aluminium is separated from the PVC laminate. The results are 0.5-0.7 mm aluminium balls and PVC pieces, which remain flat. The electrostatically charged PVC particles can be simply separated from the aluminium by granulometric fraction. Subsequently, new products can be made from the recycled material using the appropriate and existing recycling process, thereby maximising existing resources and minimising new raw materials. The CO2 balance is positive: compared to making new material, every ton of recycled plastic saves between 1.5 t and 3.2 t of CO2 greenhouse gases, which directly impacts the climate. The experience and synergies gained from other plastic sectors are helping here in the realisation process and its sustainable implementation. A lot of customers are eagerly awaiting our results. Gathering practical experience for a visionary idea Perlen Packaging is supporting the recycling Dr. Stefan Bokorny of blisters in close cooperation with the AGPU, Perlen Packaging CPH NEWS 25 July 2015 // July 2015 // From the companies usually became very rich. The farmers were aggrieved by this and organised themselves into a farmer council. To avoid any civil disputes this council was included in the release process of the land-lease grants with the aim of providing fair, retroactive compensation. Ground-breaking ceremony. Ground-breaking in China is a milestone 你 好(Nǐ hǎo) – hello from Suzhou, on 16th April 2015 we celebrated the ground-breaking ceremony of our new facility in China. Although the process to get the land lease encountered a few unexpected delays, the remaining project phases are on track. A s we reported in the last Perla News eLetter, unfortunately there were some delays in our China project timetable. The originally targeted date for the ground-breaking turned out to be overly optimistic. grants but also of the compensation of the original “owners”, i.e. the farmers. Before industrialisation these plots of land, which now belong to today’s Business Parks, were worked by farmers. For generations it was their home and the basis of their income. When these lands were re-zoned for industrial use, the Granting of land lease linked to compensation farmers were displaced, lost their homes and The release of land leases not only depends on received little compensation. The new owners the examination of potentially incorrect developed the land into business parks and 26 CPH NEWS From the companies Remaining project phases on track The focus of the construction project team is to make up as much time as possible through tight management. The other project phases are still on track. The new coating line is well underway and is being prepared in the manufacturer’s factory for FAT “Factory Acceptance Test” in the middle of June. Our temporary office in Wujiang is fully operational and equipped with all the necessary technology. It’s too early to show you any impressive pictures of the building site, however we’re pleased to show you a photo of the setting of the first pile, which was a great moment for us after the months of waiting. 再见 (Zài jiàn), Byebye Valuable help from our Chinese partners When we signed the Investment Agreement in the middle of last year this process was completely unknown. Our partners at the Wujiang Business Park assume that all landlease deals will take much longer in future. Despite the dedicated help from the Business Park managers, the process to get the “Land Certificates” took an extra three months. After passing these additional hurdles between “Business License” and “Land Certificate”, we Philipp Morgenthaler were finally able to hold the ground-breaking Perlen Packaging ceremony on 16th April. Project of major regional importance Our project is of important significance in Wujiang, so we were honoured by the presence of all the high-ranking officials of the Business Park, such as Shen Guofang, the Mayor of Wujiang, Sheng Hongming, the CEO of the Administrative Committee of the Business Park, and Zhang Jinzheng, the Vice Director of the Business Park. The ceremony was also covered by local media and reports appeared on local TV and on the front page of the local newspapers the next day. After official speeches by Wolfgang Grimm, CEO Perlen Packaging, and the highest officials of Wujiang Business Park, we presented two cowbells – traditional and symbolic Swiss gifts. As tradition and symbolism are highly valued in China our gifts hit the mark. The ceremony was brought to a close with the setting of the first pile. Wolfgang Grimm, CEO Perlen Packaging during his speech. CPH NEWS 27 July 2015 // July 2015 // From the companies From the companies Well positioned with global strategy The revenue growth rate in the pharma industry has slowed somewhat, however the increased demand for blister films and the higher barrier requirements of new APIs are supporting growth. That’s why Perlen Packaging’s international strategy and focus on barrier packaging puts us in a good position for the future. I n one of the previous newsletters I talked about lifestyle trends being one of the drivers behind the growth of the pharma industry. In addition to the issues of population ageing and increasing global urbanisation, lifestyle diseases also play an important role. Today I’d like to highlight the development of the pharma market from a different perspective. Pharma growth rates are down For the last few years the turnover growth rates of the pharmaceutical companies have been dropping. The main reason for this is the influence of individual governments and their policies on sales prices and setting upper limits. Another reason is that several of the blockbuster drugs are off-patent, resulting in generic products being brought on to the market by multiple companies at substantially lower prices. These are the main factors responsible for the dampened turnover growth of the pharma industry. 28 CPH NEWS The good news for our business is that the quantity of drugs is significantly rising, which means a bigger global demand for blister materials. New drugs require more protection From our customers we have learned that many new drugs require more protection against moisture and in some cases also against oxygen. This is partially due to the sensitivity of the APIs but increasingly also due to higher regulatory demands from the health authorities. With our product portfolio and our focus on higher barrier films we have our finger on the pulse of the times. Global distribution The multinational companies manufacture their products for the global pharmaceutical market and the trend toward more globalisation is a further growth driver. Importantly, the world is split into different climate zones and each climate zone has its own demands on the barrier characteristics of the packaging. It makes a huge difference if a product is sold here in Europe or in a tropical region. We can offer our customers the right barrier product for their climate zone. Summarising, we can say that the turnover growth of the pharma industry has slowed down somewhat, however it remains much stronger than the growth of the global economy. The above-mentioned factors show that the turnover and volume growth must be viewed separately and that the latter is much stronger. With our new plant in China and our strategy to focus on barrier films, we are ideally set up to serve our global pharmaceutical customers in the future. Developing countries posting double-digit growth Many developing nations have improved their healthcare systems for their citizens, which of course considerably benefits pharmaceutical sales and pushes industry growth. Tablets in blister packs are the ideal packaging form, as it’s easy to dispense the correct dosage to patients and each tablet is individ- Johannes Giessler ually protected. Perlen Packaging CPH NEWS 29 July 2015 // July 2015 // From the companies From the companies At the pulse of the US pharma industry Europe is losing ground against the growing pharmaceutical markets such as India and China, while the USA – on the other hand – is expected to maintain its position as the largest global pharmaceutical market. Thanks to our presence in Whippany, Perlen Packaging is also successfully participating in the market growth. W ith our subsidiary Perlen Converting LLC in New Jersey – the heartland of the American pharma industry – Perlen Packaging has been present in the metropolitan region of New York since 2006. “About 60% of the US pharmaceutical industry has sites in close proximity to our company, so we are literally at the heart of the pharma industry. Our slitting and logistics centre allows us to provide quick and excellent service to our growing customer base in Canada, Mexico and the USA”, explains Douglas Voreis, Vice President of Perlen Converting LLC. Developments in the blister market “The American pharmaceutical packaging market is quite different from that of Europe, Asia and South America. In the USA solid dosage forms, such as tablets, are normally packed in glass or plastic bottles. Blister packaging is gaining popularity and market share, however. If you look at Mexico and Canada the picture is reverse and more like Europe: 30 CPH NEWS Paxit® from Remedi SeniorCare®. * Aclar is a registered trademark of Honeywell. nearly all tablets are blistered”, comments Johannes Giessler, VP Sales and Marketing. Trend toward barrier films and Aclar® alternatives The blister packaging sector in the USA is mostly characterised by different PCTFE (*Aclar®) specifications. It is for this very reason that Perlen Packaging has been extraordinarily successful in the US market. “With our range of PVdC coated films we can offer an equivalent alternative to every PCTFE specification – with significant processing advantages and commercial benefits. Our pharmaceutical customers are increasingly under cost pressure and we can offer solutions here”, adds Michael Thol, Sales Manager NAFTA. In addition, drugs and APIs are becoming more complex and putting higher demands on moisture, oxygen and UV barrier characteristics. Perlen Packaging’s two high-end products PERLALUX®-Tristar ultra and PERLALUX®-Ultra protect provide a commercial solution, which are widely used in the USA, Mexico, Canada and globally. “Track and Trace” and Medication Compliance Doctors and nursing staff in hospitals and skilled nursing facilities are under enormous pressure in terms of time and cost, and medications can change daily, which is an additional challenge for the staff. This is the main reason companies such as Remedi SeniorCare®, one of our partners, has grown so successfully. Remedi operates as a long-term care pharmacy with multiple locations through the Mid-Atlantic and Midwest and offers Paxit©, a 24-hour medication management and compliance system. Through its proprietary automated dispensing system, individually bar-coded blistered tablets are packed into a date, time and patient-specific labelled pouch that is then delivered to its customers on a daily basis. This saves a huge amount of time administering medications, significantly reduces medication waste and minimizes the risk of med-pass errors in an institutional or community-based setting. “In a recently concluded project Perlen Packaging provided a solution that allowed us to lower certain packaging costs by 18%”, explained Alan Bronfein, Senior Vice President of Remedi. Perlen Converting LLC For the last nine years Perlen Packaging has been present in the USA through Perlen Converting LLC – a warehouse for mother rolls and a slitting centre. As with all Perlen Packaging’s production sites, GMP is strictly adhered to – the slitting is conducted under clean room class 7 standards. Our US subsidiary offers our entire PERLALUX® product range – from Mono PVC through Duplex PVC/PVdC, Tristar PVC/PE/PVdC right up to Tristar Ultra PVC/PE/PVdC and Tristar Ultra protect. Michael Thol Perlen Packaging CPH NEWS 31 July 2015 // July 2015 // From the companies Jeremiah Chapman in the control room. Hand screening batch progress at the ball wheel. Chapman Named to Forbes’s “30 Under 30” List Forbes Inc. is a leading American media and publishing company considered one the best in delivering information on business news and financial information. Forbes has released their 3rd annual “30 Under 30” List for 2015, which profiles 30 rising stars in 15 honour different industries. It is an incredible honor to be featured among the prestigious millennial innovators and leaders; participants are chosen from a pool of over 20,000 nominations. Zeochem is very proud to announce our very own Jeremiah Chapman is featured in the Manufacturing and Industry category. 32 CPH NEWS Chapman is a 2013 graduate of the University of Louisville Speed School of Engineering, with a master’s degree in chemical engineering. He joined manufacturing as a process engineer at Zeochem in 2013. The whole thing started when he was in college. Chapman began collecting spent cooking oil from restaurants for biodiesel experiments. During his investigations, he was shocked at the amount of oil restaurants were using. This inspired him to start experimenting with naturally occurring adsorbent silica to neutralize fatty acids and free radicals, which cleanses the oil and extends the life. These experiments led to Chapman being a recipient of the Vogt Award, a local innovation award which distributes USD 20,000 of non-dilutive capital, enabling the founding of FreshFry. FreshFry manufactures FreshFry Pods, a packet which contains proprietary materials to cleanse oil being used in deep fryers, extending the life of the oil so restaurants can reduce costs. FreshFry also manufactures Fryer Eye, a Bluetooth enabled sensor which continuously monitors the oil quality in a deep fryer. Chapman began with the first production of pods and was able to secure several local customers who used his technology in their restaurants. With the consent of Zeochem, Chapman works on the further development of his product for local customers in his free time in order to solidify his market and his brand. From the companies Wyssmont Dryer. Chapman's current outlook for his venture is to allow the restaurant market to take FreshFry where it sees fit. He does not base success on the rate of growth, but instead values the quality of development. He wishes to develop enhancements based upon predetermined customer needs in order to use his time and resources wisely. Chapman made it a point to express why Zeochem has been integral in his development as a professional. He points out that while FreshFry gives him complete autonomy with everything including product development, marketing, and sales, Zeochem allows him to grow as an engineer. He most appreciates the ability to sharpen his problem-solving skills, receive mentorship, and learn large scale business functionality while working with a dedicated team. Zeochem LLC plant manager, Jackie RustSchmidt, explains Chapman's dedication: “Jeremiah has an excellent work ethic. He loves to learn, is willing to listen to opposing views and is willing to tackle difficult plant CPH NEWS 33 July 2015 // July 2015 // From the companies People Personnel matters in the CPH Group In the Paper division, Alex S. Bellakovics joined Perlen Papier AG as head of Logistics on 1 April. He has many years of experience in various management functions in transport logistics. The most recent position Alex held was head of the Carriers / Shippers Business Unit at SBB Cargo AG. problems. This has been demonstrated in his work with the new silica bound materials. He has worked closely with the operators, R&D, and maintenance to produce the precursor for the commercialization for the OP-76 and ESI-24 materials. In addition, Chapman has been known to bring humour to the group. That added dynamic helps add to the strong team we are developing in the manufacturing group. We try to never take ourselves too seriously but we get the job done together as a team. He is a great pleasure to work with.” Chapman feels being a part of the passionate Zeochem team allows him to 34 CPH NEWS maintain positivity in his own ventures. He iterates, “I would never have pursued FreshFry if I did not have the confidence Zeochem has instilled in me as a professional. My passion is something I have strengthened while here at Zeochem, a constant with which I work, the application is the variable.” Thank you to Forbes Inc. for recognizing and honouring the accomplishments of young entrepreneurs and visionaries. Congratulations to Jeremiah on his well deserved recognition, the people of Zeochem are proud to have you as a part of our talented team of professionals. Jennifer Rosenberg and Mike Steinmetz Zeochem L.L.C. The Sales department in the Packaging division was reinforced on 1 May 2015 when Daniel Egger became Area Sales Manager responsible for the Africa / Middle East / South Asia region. Daniel brings many years of international experience in the pharmaceuticals segment with him. Before joining us, Daniel worked in pharmaceutical packaging in the Sales and Export In the Chemistry division, Steven M. unit at Amcor Flexibles. Whitthoeft is retiring after 16 years of service to be replaced by Robert L. Gray as General Manager of Zeochem L.L.C. “We would like thank Steven for his tireless efforts and wish him all the best for the future”, says Alois Waldburg-Zeil, CEO of the Zeochem Group. “We’re delighted that, with Bob, we’ve found a successor with a profound knowledge of products and markets who will expand Zeochem’s position going forward.” Robert L. Gray boasts many years of experience in the molecular sieve industry, gathered largely at UOP. Part of the Honeywell Group, UOP is one of the world’s biggest producers of molecular sieves. His most recent position at UOP was Global Business Director Separations, Additives and Specialties. CPH NEWS 35 July 2015 // July 2015 // From the companies Tradition of appreciation Anniversary celebrations were held in Perlen on Wednesday, 25 March 2015. This year, 21 people counting 25, 35 and 45 years of service to our company were honoured. This makes for a grand total of 615 years of loyal service. 36 CPH NEWS D People nance, repair and overhaul services, upgrades as well as manufacturing and integration of subsystems on aircraft and helicopters – throughout their entire service life. Split up into two groups, we were given a guided tour of various workshops. The two expert guides had plenty to recount. Upon leaving the last building, we encountered an F/A-18 rolling across the airfield. Imposing, loud, fascinating. The trip continued to Lake Lucerne, where we enjoyed an excellent lunch in a restaurant overlooking the lake. After this, attention turned to the guests of honour. Wolfgang Grimm opened the proceedings with a speech, highlighting among other things that 14 people were celebrating 25 years of service in 2015 and another five 35 years of service. In addition, two faithful servants were celebrating an impressive 45 years with the company. He honoured the first veteran, after which Philipp Morgenthaler, Peter Henz and Daniel Büchi also expressed their respect, thanks and appreciation to employees from their respective companies. Markus Keller concluded the official part of the day with a wide-ranging speech thanking all the long-serving employees. After all this, desserts could be enjoyed in a relaxed atmosphere. There was just time to take a few group photos before returning to Perlen: by the lake, in the water, against a wonderful mountain backdrop. There was plenty of light-hearted posing, accompanied by much laughter and wet shoes. Then the coach took us back to Perlen, where the veterans had the chance to see out the day in style in the restaurant. aniel Büchi welcomed the guests of honour that morning in the restaurant of Die Perle and took them on a journey through time spanning 45 years. It’s amazing what has happened around the world over all that time, the technical innovations, what people have discovered, achieved and created. Listening, you always had the feeling: Was it really that long ago? And then the surprise: But that was just the other day... The day continued by coach, destination unknown. The journey did not take long – we were expected at RUAG Aviation in Emmen. RUAG Aviation is a leading supplier, support provider and integrator of systems and components for civil and military aviation. The Anna Ragozzino company’s core competencies include: mainte- CPH CPH NEWS 37 Editorial team contact address: [email protected] Anna Ragozzino, Editor-in-Chief, CPH Chemie + Papier Holding AG, Tel. +41 41 455 87 56, [email protected] | Jacqueline Felber, Perlen Packaging, Tel. +41 41 455 88 30, [email protected] | Dr. Armin Pfenninger, Zeochem AG, Tel. +41 44 922 92 39, [email protected] | Christa Biotti, Perlen Papier AG, Tel. +41 41 455 80 93, [email protected] | Christian Weber, CPH Chemie + Papier Holding AG, Tel. +41 41 455 87 51, [email protected]