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DyStar sees huge opportunity for success and profitability

2 March 2010, Frankfurt - DyStar’s CEO Steve Barron says the newly acquired company’s management sees a huge opportunity to make the business both successful and profitable.

Speaking at a two day meeting of the company’s Executive Management Team in Rheingau, Germany, Barron said: “It is our declared intention to deliver according to our shareholder’s plans. With such high a calibre and dedicated global team we see a huge chance to make the business successful and profitable.” He stressed that management intended to focus on Dystar’s core values of quality, ecology and technical expertise and to improve communications in all aspects.

In presence of DyStar’s new shareholder and Chairman, Manish Kiri, the team discussed topics such as the restart of production in Germany which is expected for end of March, strategies to quickly improve DyStar’s supply situation and ways to finance all projects essential for achieving the envisaged results. The strategies for the 9 sales areas were also presented by the respective Sales Area Managers.

 “I was very happy to see such a high degree of alignment in the Management Team as well as with my vision for DyStar. I am confident that, together, we will create a flourishing future for DyStar,” said Manish Kiri.

 

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