Mersen a leading manufacturer for the international glass industry has reported consolidated sales of 879 million euros for the full-year 2018. Mersen manufactures graphite grades, composites, and metallic systems that are used extensively throughout the glass container industry. Global container glass producers have selected Mersen’s CERBERITE® for its performance and positive impact on their productivity.
Luc Themelin, Mersen’s Chief Executive Officer, said: “Mersen continued to grow in the fourth quarter of 2018, despite a high basis of comparison. Our full-year like-for-like growth of 10%, which exceeds our most recent targets, is the result of a particularly dynamic year marked by growth in all of our businesses and across all regions; the acquisition of two new power electronics companies to strengthen our foothold in this industry of the future; and the establishment of a joint venture in China to harness the strong worldwide growth of the solar market. Buoyed by these different factors among others, we are confident in the Group’s ability to continue to deliver growth.”