50 percent in 2001
Novamelt, a manufacturer of pressure sensitive and lamination adhesives based in Wehr, Germany, has announced a record annual sales increase of nearly 50 percent in 2001.
Sales for the company, which has 32 employees, grew to E11 million. Shareholders Pieter Mol and Harald Braun predict growth of 25 percent for 2002.
Novamelt recently added three chemists to its R&D team, as well as product managers in the UK, Benelux and Germany.