Information about current situation
Dear customers and partners,
We are pleased to share an update on the current status of the Balver Zinn Group and recent market developments.
Negotiations with potential investors are progressing very positively and are currently at an advanced stage. We anticipate that a solid financial reinforcement will be finalized on short terms, ensuring long-term continuity, reliability, and stability of our supply chain.
All production facilities in Germany, the Netherlands, and other locations are once again fully operational.
The defined restructuring measures are being implemented according to plan.
In addition, we can arrange transportation from Breda again as of today. Upon your approval, we will gladly arrange transport for you.
You may also continue to collect the goods yourself or organize your own logistics.
As we operate without stock, we kindly encourage you to place your orders well in advance to ensure delivery in line with your preferred schedule.
Furthermore, we would like to draw your attention to the fact that prices for metal-containing materials have increased significantly over the past period. These price increases are a direct result of the sharply rising LME (London Metal Exchange) prices and the Silver (Ag) prices.
In view of the market situation outlined above, it is advisable to consider the silver free alternatives SN100C® and SN100CV® from Balver Zinn. This will offer you and your customers a huge cost reduction versus equal or better reliability.
We will keep you informed as the situation develops.
Thank you for your support and understanding during this challenging time.
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Balver Zinn Josef Jost GmbH & Co. KG