Kraiburg TPE targeting growth in Mexico

By Stephen Downer
Correspondent

Published: March 15, 2013 1:55 pm ET
Updated: March 15, 2013 1:59 pm ET

Image By: Stephen Downer Alberto Oba

Related to this story

Topics Materials, Materials Suppliers, Mexico, Plastimagen

MEXICO CITY – Kraiburg TPE Corp has set an aggressive growth target for its new sales organization in Mexico, which it opened in the northern city of Monterrey in 2012.

"We're selling about $12 million in Mexico and our target for 2013 is to grow between 15 and 20 percent," Alberto Oba, Kraiburg's commercial manager for Mexico and Central American, told Plastics News at Plastimagen.

It was the thermoplastic elastomer resins manufacturer's first appearance as an exhibitor at Plastimagen, which the Duluth, Ga.-based company considers Latin America's most important plastics industry trade show.

The decision to participate was the result of growing business opportunities for end users and processors in Mexico this year, Kraiburg said.

"We're sure the show will become a successful part of our growing presence in Latin America," said Katherine Olano, Kraiburg's distribution and marketing specialist.

According to Oba, Kraiburg's Duluth plant produces $25 million worth of resins per year, 40 percent of which is sold in Mexico, in particular to the automotive, industrial consumer, electronic and medical sectors.

"The idea is to develop new clients [in Mexico]," he said.

In addition to Duluth, Kraiburg has production plants in Germany and Malaysia. It has sales organizations in France, Italy, Spain, China, Taiwan, India and Brazil, in addition to Mexico, and sales representatives in a number of other countries.


Comments

Kraiburg TPE targeting growth in Mexico

By Stephen Downer
Correspondent

Published: March 15, 2013 1:55 pm ET
Updated: March 15, 2013 1:59 pm ET

Post Your Comments


Back to story


More stories

Image

DSM planning North American nylon plant

July 22, 2014 11:41 am ET

Materials firm Royal DSM NV plans to build a new nylon resin plant in North America, but no decision has been made on the plant's exact location.    More

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer...    More

Image

Polynt, CCP create composite resins giant

July 18, 2014 10:13 am ET

France's Total SA has agreed to sell CCP Composites to Polynt Group SpA, based in Italy, for an undisclosed price.    More

Image

Continental Structural Plastics buying 5 Magna SMC plants

July 17, 2014 4:35 pm ET

Automotive and construction supplier Continental Structural Plastics has signed an agreement to buy five sheet molding compound facilities from the...    More

Image

PET prices climb 2 cents

July 17, 2014 2:22 pm ET

After holding their ground in May, North American PET prices rebounded to show an average increase of 2 cents per pound in June.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events