Press release
Vilsteren (NL) 31 Jan 2008

Schoeller Arca Systems signs a US$ 1,4 billion contract to supply plastic pallets to US company iGPS
Schoeller Arca Systems, the world market leader for plastic material handling systems, announces today that it has signed a new long term preferred supplier contract with iGPS, a US-based pooling company for plastic pallets. Under this agreement, Schoeller Arca Systems will supply 4 million RFID-tagged (RFID = Radio Frequency Identification) plastic pallets per annum, doubling the annual volume of the previous contract. The new, five year contract, represents a value of approximately US$ 1.4 billion.

Companies are becoming more aware of the benefits of the plastic pallet compared to the wooden version. Schoeller Arca Systems’ pallets are easy to handle, fire retardant and environmentally friendly. The iGPS pallet system, designed in The Netherlands, will change the way goods and services are transported by removing costs out of the supply chain. It will lead to a widespread usage of plastic pallets worldwide. At this moment, there are around 100 million wooden pool pallets circulating in the US of which 25% will be replaced by plastic systems in 2012.

In 2006 the first order of 100,000 pallets was signed, followed by a second one of 1.0 million pallets that same year. In May 2007 iGPS ordered to produce 2 million pallets per year and now a new 5 year contract is signed to supply 20 million pallets in the next 5 years.

”We are very proud to have signed this deal with iGPS. They were looking for a manufacturer who could provide them with a robust plastic pool pallet developed for the American market, and they could choose among several American manufacturers and Schoeller Arca Systems” said René Wolfkamp, CEO of Schoeller Arca Systems. “This contract marks an important step in our strategy to further increase our market share in a growing market characterized by a more widespread usage of plastic pallets worldwide.”

“Schoeller Arca Systems is the ideal strategic partner as we launch the world’s first RFID-tagged all-plastic packaging systems pallet pool”, said Bob Moore, CEO of iGPS. “Made to our exact specifications, the pallets meet or exceed the most rigid pooling standards and will provide manufacturers and retailers with the lightweight, hygienic and reliable supply-chain solution that they demand.”
For more information, please contact:

Citigate First Financial, Edi Cohen:
+31-20-5754017

Mr. René Wolfkamp
CEO Schoeller Arca Systems
+31-529-459052

About Schoeller Arca Systems:
Operating in over 50 countries, Schoeller Arca Systems provides reliable, high quality plastic packaging systems and services. As an innovative and experienced development partner, Schoeller Arca Systems is committed to helping its customers to reduce their overall logistics costs and enhancing product branding.
Our systems are used in a broad variety of industry segments including beverage, automotive, agriculture, retail distribution, postal services, and pool providers. Through our own production facilities and selected licensee partners, we are able to combine global presence with fruitful local partnerships. Schoeller Arca Systems realized a turnover of € 460 million in 2007. In December 2007, One Equity Partner, a subsidiary of JP Morgan bought the majority of the shares in Schoeller Arca Systems.

About iGPS:
iGPS is the world's first company to provide manufacturers and retailers with an all-plastic pallet pool with embedded RFID-tags. iGPS's state-of-the-art pallets are 30% lighter than wood, which saves on transport costs, are easier to handle and eliminate protruding nails and splinters that cause workplace injuries and damaged equipment. In addition, embedded RFID- tags enable shippers and receivers to track and trace shipments in real time. Launched in March 2006, the company is led by pallet and supply chain veterans with decades of experience. iGPS (www.igps.net) is headquartered in Orlando, FL., with offices in Dallas, New York and Bentonville, Arkansas.

Reactie XEA.nl
Het definitief doorgaan van deze order geeft wel aan, dat de technieken van Innoconcepts naar tevredenheid werken, maar en dat schreven wij al, het is het "gewicht", dat de doorslag geeft. Die houten pallet zijn dubbel zo zwaar en de Arbo en andere organisaties kijken steeds strenger naar het gewicht van de pallet. Ook minder onderhoud en nu het afbreekbare plastics nog. CSM is daar weer wereldmarktleider in, ca 80% hebben ze. Dat aandeel CSM wordt nog niet gewaardeerd als producent van dat afbreekbare plastics. Komt ook nog wel, maar dan ben je als belegger te laat.

toevoeging om 17.53
Innoconcepts sluit +77 op EUR 12,88 en 111.674 sts omzet