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Sioen Industries: Core Competence in Coated Technical Textiles and Industrial Protective Clothing
published in Issue 91, 4th quarter 2012
Sioen Industries is a world leader in coated technical textiles and industrial protective clothing, and a specialist in fine chemicals. The company is divided into three divisions, namely: Sioen Coating, which is a world leader in the global market for coated textiles; Sioen Chemicals, which produces pigment pastes, inks, varnishes, colour powders and colour dispersions; and Sioen Apparel, a leading producer and seller of protective clothing for industrial and leisure use. Although Sioen's sales increased by 10.5% in 2011, the company reported that the economic climate was uncertain and volatile, and that raw materials were at record high prices. Looking ahead, Sioen is investing heavily in new technologies and products, as part of a long term open innovation plan. In particular, the company is focusing on coated textiles for applications relating to the generation of sustainable energy as it seeks to expand into new fields. This report provides details of the company's products, operations, key customers, recent business and financial performance, as well as an outlook for the future.
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