Coveme – innovating insulation materials: Interview with Monica Manara, Chief Commercial Officer
The part of business relating to transformers and motors insulation makes up 20 % of our operations, and our plan is to double that percentage.
60 years of know-how
Coveme is a manufacturer of insulation materials for different applications, including for dry-type and oil-filled transformers. Our headquarters are located in Bologna, Italy. We are a privately owned business with 60 years of know-how in converting films. The company operates two production sites in Italy and China with 14 production lines equipped with leading edge lamination and coating technologies such as UV and Ebeam, and three high tech R&D labs in Italy, Germany and China. We employ nearly 300 people and generate more than €100 million p.a. The business is organized in eight business units, targeting fast evolving and highly demanding markets such as automotive, renewable energies and printed electronics, with own global commercial and logistic network.
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In Europe we are one of the leading suppliers of insulation materials. Our plan is also to globally expand our business. Recently, we have had a launch in China, Zhangjiagang, where we have a production plant with four lamination and six slitting lines. The main application for production there is insulation materials for photovoltaics, but with the technology and available capacity we now started to supply the transformers and motor market, and we plan to develop this business in China.
The part of business relating to transformers and motors insulation makes up 20 % of our operations, and our plan is to double that percentage.
On the transformers market, we cooperate with major customers such as Hitachi ABB, Siemens Energy, SEA, and many others. We are supplying mainly European facilities and, as already said, we would also like to expand this business in Asia, offering local distribution and service with multinational groups with production sites in China and for Chinese manufacturers looking for a high-quality product.
Materials for transformers
The part of business relating to transformers and motors insulation makes up 20 % of our operations, and our plan is to double that percentage. There is a strong competition on the market, but we are always prepared to work hard, and in all markets. The market is growing, that is a fact, and I believe there is a place there for high quality suppliers such as we are.
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