Industry Europe – Issue 23.8

already have a major production presence, and in the longer term we are looking to expand production to include South America and in particular Brazil.”

Mr Verstraeten added, “We are very much an innovation and application driven company and currently we are developing several revolutionary new products, one of which involves flexible electronic circuits which will transform many of today’s automotive functions, especially those relating to heating and steering systems as well as in areas such as car pedals and fuel tank connections. These technological advances will result in significant weight reductions and related cost reductions for the world’s automotive manufacturers.

“In yet another area we are developing an air bag to protect pedestrians in the event of an accident which will be located on the outside of the vehicle. All these significant innovations are at an advanced stage of development. Today, our airbag and other