SIRMAX DOUBLES IN POLAND

01/06/2018

STARTING INVESTMENT OF 30 MILLION EUROS FOR NEW PLANT IN KUTNO

Sirmax SpA, doubles in Poland. The plastics multinational with it’s Headquarters in Cittadella (Pd), 5th European producer of polypropylene compound and of engineering plastic compound for the automotive, domestic appliances, electronics, power tools sectors and for all the appliance (home, furniture, constructions) sectors, yesterday signed the contract for the construction of the second production plant of plastic material compounds in Kutno (Poland), in the Special Economic Zone (ZES) of Lodz. The signature follows the approval of the project of the new plant by the ZES of Lodz last February.

Sirmax inaugurated the first Kutno plant in July 2006 (photo), which currently produces 80,000 tons of polypropylene compound per year for the automotive and household appliance sectors.  The new plant will consist of 12,000 square meters of production area and 10,000 square meters of warehouse over a total area of about 60,000 square meters.  Three categories of compound will be produced:

- EPC technopolymers based on polyamides, ABS and polycarbonate, productions already present in Italy (Tombolo - Pd and San Vito al Tagliamento - Pn plants);

- PP LFT and PP FR, polypropylene reinforced with long glass fiber and self-extinguishing polypropylene, the latter already produced in Italy, United States and India;

- thermoplastic elastomers (TPV, TPE, SEBS, SBS).

Thermoplastic elastomers are a brand new entry for Sirmax, which completes the product range, combining the "soft" family with "rigid" compounds.

 

"We are continuing positively in our strategy of being" multi-countries" and " multi-products"- states Massimo Pavin, President and CEO of Sirmax -. We want to be globally present and with the full range of our products, at the service of our large global customers in the automotive and household appliance sectors ".

 

The construction of the new plant in Kutno will begin in August 2018, the start-up of production is expected in the second quarter of 2019. For the 2018 financial year, Sirmax SpA expects a turnover of over 300 million Euros, continuing a steady growth trend (216 million in 2016, 265 million in 2017).

 

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