Color and additives maker REPI reports record sales

Published: April 24, 2013 11:29 am ET
Updated: April 24, 2013 11:30 am ET

Related to this story

Topics Product News

Officials of Italian color and additive concentrate maker REPI SpA report that 2012 was its third straight record year.

They are predicting 8 percent growth in 2013, even though the Italian economic outlook is pessimistic.

“Our growth is basically generated by our export business and therefore is mostly independent from national economic fluctuation,” said Michael Rath, polyurethanes managing director at the company in Lonate Ceppino, Italy. “We all know that our targets are very ambitious considering the current economic conditions. The polyurethane market is growing much faster in Asia than in Europe. Nevertheless, we are very confident that we can gain additional PU customers in Europe with new products.”

REPI opened a U.S. manufacturing plant in Dallas, N.C., in 2012, operated a REPI LLC. That plant, which serves North and South America, boosted turnover for the Americas by 20 percent in 2012, over the level of 2011, with a similar growth rate forecast for 2013.

REPI plans to add 10 to 15 new employees in 2013. That will bring the total to more than 100 people.

Turnover should reach 30 million euros ($38.5 million) in 2013.

Tel. 011 39 331 819511, email g.gianazza@repi.com.


Comments

Color and additives maker REPI reports record sales

Published: April 24, 2013 11:29 am ET
Updated: April 24, 2013 11:30 am ET

Post Your Comments


Back to story


More stories

Image

Fabri-Kal introduces new HDPE packaging for mushrooms

July 16, 2014 11:04 am ET

Fabri-Kal Corp., the Kalamazoo, Mich.-based thermoforming company, has introduced a new line of mushroom packaging, known as tills, made from high...    More

Image

SCIGRIP provides sponsorship, materials for solar challenge boat

July 16, 2014 10:53 am ET

SCIGRIP, a maker of adhesives, sponsored the Polish Green Solar Team in the DONG World Cup Solar Power Challenge in the Netherlands, June 28-July 3.    More

CarbonLite installing recycling equipment at new Texas plant

July 16, 2014 10:43 am ET

CarbonLite Recycling LLC has signed contracts for equipment at its new 200,000-square-foot plastics recycling plant in Abilene, Texas.    More

CyFrame focuses on Baby Boomers' retirement

July 16, 2014 10:57 am ET

Montreal-based CyFrame International Enterprises is marketing its enterprise reporting systems as a survival guide for plastic processors as their...    More

Outdoor uses targeted for new SMCs

July 16, 2014 9:34 am ET

The Composites Group has a new family of high-performance, ultraviolet-resistant and flame-retardant thermoset sheet molding compounds.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

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

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events