Treofan Germany GmbH & Co. KG
Treofan signs agreement with Works Council and Union, to invest in Treo-Pore(R) capacity

Press Release

Treofan signs agreement with Works Council and Union, to invest in Treo-Pore^(R) capacity

Raunheim, 12 October 2011 – Treofan Group, a global leader in high-end BOPP films, has reached a multi-year agreement with its Works Council and Union on site security contractand the terms of future cooperation for all German employees. Treofan will continue to focus on its cost-reduction strategy in this challenging market environment.

Treofan will further develop the Neunkirchen site in Germany, adding an additional line for Treo-Pore^(R)products. These high-end membrane films are utilized by several types of energy storage and transmission devices.

Treofan is fully committed to delivering the best value to its customers and will continue to improve its competitive position in the market with the support of its Works Council, Union (IGBCE) and the Chemical Industry Employers' Association (BAVC).

For further information, please contact:

Wolfgang Posner
Managing Director & CFO

T: +49 (0) 6142 200 3201
E: wolfgang.posner@treofan.com

About the Treofan Group:

The Treofan Group, headquartered in Raunheim, Germany, develops, manufactures and markets biaxially oriented polypropylene films (BOPP films) under the brand name Treofan(R). With more than 40 years of experience in global markets, Treofan markets its products in more than 90 countries, manufacturing some 200,000 tons of film a year at four sites in Europe and America.

Treofan offers its customers a consistent, high quality array of technologically advanced film products through a global manufacturing and distribution network. As an industry leader in research and development, Treofan offers one of the broadest product lines for food packaging, non-food packaging, labels and advanced technical applications in its industry globally.