NGF EUROPE’s unique cord wins Queen’s Award for Enterprise in Innovation

NSG Group's UK subsidiary, NGF Europe Ltd has been honoured with the Queen's Award for Enterprise.   The award comes in recognition of the design and manufacture of small filament diameter glass cord which, when coated in rubber latex in a novel chemical dipping process, is uniquely oil resistant and so capable of reinforcing timing belts which run in oil.This application significantly reduces noise and carbon dioxide emissions and increases the fuel economy of automobile engines.“This award recognises the achievements of our R&D team and the NSG Group's commitment to technical development and manufacturing excellence which reflects the NSG Group's focus to be a “VA Glass Company".

The award also pays tribute to our marketing people who successfully brought the product to market, where it now stands as a commercial success, adding value for our customers and their clients, ” said Alistair Poole, NGF EUROPE managing director.

The accolade coincides with the unveiling of a £4 million High Tensile Strength Fibre Forming facility at the site, making NGF EUROPE the only fully integrated glass cord production factory outside of Japan.

NGF Europe supplies glass cord to timing belt manufacturers in all the major car manufacturing countries worldwide.

Under the long-term Strategic Vision and Medium-term Plan, announced on 15 May 2014, NSG Group is aiming to be a “VA Glass Company” by increasingly focusing on value-added (VA) products.

http://www.nsg.com/~/media/NSG/Site%20Content/ir/IR%20Presentations/MTPPresentation2014_E03.ashx

600450 NGF EUROPE’s unique cord wins Queen’s Award for Enterprise in Innovation glassonweb.com
Date: 2 June 2014
Source: www.nsg.com

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