Improvements of DKK 50 million has already been achieved, and Cheminova is well on track of the improvements target of DKK 100 million at the end of 2010.
Improved efficiency
Implementation of LEAN at Cheminova plays an important part in the succesful fulfilment of the growth targets of Cheminova’s Business Plan ”Five-in-Fifteen”.
LEAN was implemented at one of Cheminova’s largest production plants, the glyphosate plant, at first.
- It is obvious to test LEAN’s improvement potential at the glyphosate plant – glyphosate being Cheminova’s most important herbicide, says President & CEO Kurt Pedersen Kaalund.
The shareholder letter comments on ie. the LEAN tools used at Cheminova and how the future will be with LEAN in production.
 Download the shareholder letter here 
Growth targets in Business Plan ”Five-in-Fifteen”
- Double market share to 5% in 2015.
- Higher earnings with EBITDA matching the best among peers in the industry.
- Increased value creation for the benefit of all stakeholders.
How do we achieve the ambitious long-term targets?
- Organic growth through development and sales of new products.
- Acquisitions of complementary products and companies.
- Economies of scale and improved efficiency in all functions.
The shareholder letter has been forwarded by ordinary mail to Auriga’s shareholders and released as Investor News via NASDAQ OMX, Copenhagen, GlobeNewswire.
See Auriga’s investor news
See Auriga's shareholder letters 2009
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