Notes to the consolidated financial statements

Notes to the consolidated financial statements

Introductory information

Company information

The CPH Group is active in three industrial sectors. The Group develops, manufactures and distributes chemical products, newsprint and magazine paper and blister pack films for pharmaceutical customers. Headquartered in Switzerland, the Group maintains production facilities at eleven locations in 6 countries in Europe, Asia and North and South America. With its innovative products, the CPH Group offers its customers clear added value.

The shares of the Group’s holding company CPH Chemie + Papier Holding AG are listed on the SIX Swiss Exchange.

Scope of consolidation

The scope of consolidation extends to the following controlled companies, which are all fully consolidated (changes from prior year are explained below):

Currency

Capital in thousands

Shareholding

CPH Chemie + Papier Holding AG, Root, Switzerland

CHF

1 200

100 %

CPH Immobilien AG, Root, Switzerland 1

CHF

500

100 %

Chemistry

Zeochem AG, Rüti ZH, Switzerland 1

CHF

1 000

100 %

Zeochem L.L.C., Louisville, USA

USD

36 547

100 %

Zeochem d.o.o., Zvornik, Bosnia-Herzegovina

BAM

2

100 %

Jiangsu Zeochem Technology Co. Ltd., Lianyungang, China 1

CNY

82 800 2

100 % 2

Zeochem Pte. Ltd., Singapore, Singapore

SGD

1

100 %

Paper

Perlen Papier AG, Root, Switzerland 1

CHF

81 000

100 %

Perlen Papier Immobilien AG, Root, Switzerland

CHF

1 000

100 %

APS Altpapier Service Switzerland AG, Root, Switzerland

CHF

100

100 %

Perlen Deutschland GmbH, Munich, Germany

EUR

100

100 %

Hotel & Gasthaus Die Perle AG, Root, Switzerland 3

CHF

100

100 %

Packaging

Perlen Packaging AG, Root, Switzerland 1

CHF

24 000

100 %

Perlen Packaging L.L.C., Whippany, USA

USD

1 000

100 %

Perlen Packaging GmbH, Müllheim, Germany

EUR

1 300

100 %

Perlen Packaging (Suzhou) Co., Ltd., Suzhou, China

USD

13 000

100 %

Perlen Packaging Anápolis Indústria e Comércio Ltda., Anápolis, Brazil

BRL

2 464

100 %

1 Directly held by CPH Chemie + Papier Holding AG

2 Until 18 September 2023 92 % of CNY 90 million, see note 32 to the consolidated financial statements

3 Founded on 6 September 2023