CHT eyes positive future - sportstextiles: Lea SportsTextiles

News

CHT eyes positive future

15/04/2025
CHT eyes positive future
German chemicals company CHT has released its financial results for 2024, recording a 2% increase in sales, at €614.3 million. The upswing is due primarily to a 14% growth of sales in the APAC region. Earnings (before taxes) made a significant jump to €21.1 million, from under €10 million in 2023.

These positive conditions allowed the company headquartered in Tübingen to increase investments. It allocated €44.2 million in 2024 towards digitalisation, sustainability and expanding production sites.

The chemicals company has recruited new management. In October of last year, Dr. Christian Rink, formerly of Bosch, joined CHT as CFO. This month, Dr. Lorenza Sartorelli, who was formerly at Evonik, began her new position as COO.

CHT Group is part of the Reinhold Beitlich Foundation, which owns nearly 90%, and as such is a company with a mission to support the common good.

Image courtesy of CHT

Related stories:

CHT exceeds 'sustainable solutions' target 24/09/2025
Big demand for low impact and high performance in China, Archroma says 14/04/2025
Rudolf’s bio finishes link nature to urban-wear 03/03/2025
Dyeing partnership will make transition to new fibre ‘easy’, OceanSafe says 22/04/2024
Fulgar, CHT present one-bath ‘shortcut’ for Q-Cycle 21/03/2024
Water, energy and time savings from new process 14/06/2023
Chemicals groups unite to boost sustainability 16/10/2020
ZDHC: Chemical groups’ alignment is ‘critical milestone’ 20/06/2019

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.