Vyncke

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Vyncke NV
TypePrivate
IndustryEngineering
Founded1912
FounderLouis Vyncke
Headquarters,
Number of locations
8 (2020)
Area served
Worldwide
Key people
Peter Vyncke (CEO)
Dieter Vyncke (CEO)
ProductsBoilers, steam systems, electricity production equipment
ServicesGreen energy
Number of employees
350 (2020)
ParentPrometheus
Websitewww.vyncke.com

Vyncke NV is a fourth generation Belgian global family business that originated in Flanders with over 350 employees in Belgium, Brazil, China, Czech Republic, Germany, Malaysia, Spain,[1] and Thailand.

The company was founded in 1912 by Louis Vyncke to design and build steam energy plants to burn biomass and waste into thermal energy and electrical power. The energy is delivered in any combination of steam, hot water, thermal oil, hot gas, and electricity, depending on the industrial process.

History[]

In 1912 Louis Vyncke settled as a blacksmith op ’t Hooge in Gullegem. He invested all his money in a first workshop, but in 1914 he had to serve the army during the first worldwar. His wife Flavie survived with 2 children. In 2015 the workshop burned down. After the war till 1921 he acquired more skills and earnings as an employee in France. By the 1920s the local flax industry in Flanders was flourishing. There was a rising demand for steam boilers to easily separate the flax fibers from their stalks with hot water. Louis Vyncke deployed his advanced blacksmith skills to build and repair riveted boilers in a new workshop at the Moorseelse Kassei in Gullegem. As coal was expensive and required transport, while flax waste was readily and economically available, the boilers were adapted to burn local flax straw waste, while the fibers served in the textile industry.[2]

In the post second war era, flax waste became the raw material for fiberboard production, where Vyncke attracted new customers. The business expanded rapidly and in 1956 the sons Michel and René moved to a new office and factory in Harelbeke, still today's headquarters. The steel buildings were moved and rebuilt from the goods trainstation of Sint-Niklaas and some buildings of the Expo 58 in Brussels.[2]

Michel Vyncke expanded the boiler manufacturing business across West Flanders and the North of France regions. When Michel tragically passed away in 1972, the youngest son Dirk Vyncke continued to lead the family company.[citation needed]

The 1973 oil crisis was an opportunity for Dirk Vyncke to convert the company into a global player, to turn biomass and waste into green and clean energy. In 1992 the enterprise became an NV.[clarification needed][3]

Current activities[]

5 micron Vyncke boiler at Metrolina Greenhouses in Huntersville

Peter Vyncke and his brother Dieter became co-CEO in 2002. The board of directors consists of Peter De Keyzer, Alexander Dewulf, Els Verbraecken, Johan Van Den Driessche, and Farhad Forbes.

Vyncke’s activities range across three market segments: food and agriculture, wood, and recovered fuels. Its international business is distributed as follows: 3% in Belgium, 45% in Europe, and 52% outside EU, with a strong presence in South-America and Asia.[citation needed]

It is participating in several international joint ventures: PetroBio, Forbes Vyncke,[4][5] Callens Vyncke, Trasmec, and Panel Alliance; all serving in the energy and processing industry. In 2016 Vyncke was nominated Enterprise of the year.[6][7]

References[]

  1. ^ Cambien, Karel (12 August 2019). "Peter Vyncke verrast met overname in Spanje en persoonlijke verhuis naar Singapore". Made in West-Vlaanderen (in Dutch). Retrieved 2020-10-28.
  2. ^ Jump up to: a b Eeuwen ondernemen : 100 honderdjarige bedrijven vertellen hun verhaal (in Dutch). Debo, Robin., Januarius, Joeri., Spolspoel, Joris., Vereenooghe, Tijl. Gent. 2017. pp. 222–223. ISBN 978-94-6161-412-4. OCLC 1005710115.CS1 maint: others (link)
  3. ^ "Vyncke NV - BE 0447.690.830 - Harelbeke (8530)". trendstop.knack.be. Retrieved 2020-10-28.
  4. ^ Reporter, B. S. (2009-03-13). "Belgian firm forms JV with Forbes Marshall". Business Standard India. Retrieved 2019-11-27.
  5. ^ Reporter, B. S. (2013-12-12). "Forbes Marshall-Vyncke JV sets up facility at Chakan". Business Standard India. Retrieved 2019-11-27.
  6. ^ "VYNCKE IS 'ONDERNEMING VAN HET JAAR®' 2016". press.grayling.be. Retrieved 2020-10-28.
  7. ^ KW, Redactie (2016-10-18). "Vyncke uit Harelbeke verkozen tot 'Onderneming van het Jaar'". Site-KW-NL. Retrieved 2020-11-20.
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