Romi disposes of Sandretto plant in Italy

EUROPEAN PLASTICS NEWS

Published: October 2, 2013 12:00 pm ET
Updated: October 2, 2013 12:02 pm ET

Related to this story

Topics Machinery K 2013 Business News & Features
Companies & Associations

Brazilian machinery group Indústrias Romi SA has disposed of an Italian facility where Sandretto injection molding machines were previously produced, in a deal with local authorities and companies.

The group said in a statement dated Sept. 18 that Romi Italia, which is in liquidation, had concluded the disposal of assets to the Italian company Scout One "for a symbolic amount." The agreement involves transferring the employees of Romi Italia to Scout One along with the facility in Pont Canavese, in Piemonte region, which has a total area of 22,481 square meters.

Romi said the agreement also involves the transfer of the Sandretto trademark and other related intellectual property rights to a company wholly owned by the Piemonte authority. A second plant in Grugliasco was not transferred in the deal.

Romi purchased the Sandretto business in 2008, but over the past two years has been downsizing the Italian operation and transferring production of Sandretto machines to its operations in Brazil. At the Plast 2012 trade show in Milan, around 20 Italian employees occupied Romi's exhibit to protest against the company's restructuring plan.

The Sandretto business includes sales and after-sales service subsidiaries located in France, the United Kingdom and Spain. Romi will retain these operations.

The transfer of the Sandretto trademark leaves the way open for Scout One and the Piemonte company to use the name on any new machinery it starts to produce. But as part of the agreement, Romi will continue to use the Sandretto name as a machine brand "for a certain period of time" before phasing it out, said Monica Romi Zanatta, international sales manager at Indústrias Romi.

"At the K show, Romi will start stamping its brand together with Sandretto and new future machines will be branded as Romi only," she told European Plastics News.

Romi now manufactures all of its injection molding machines at its nine manufacturing facilities in Brazil, she said.

In Romi's news release about its presence at K 2013, Romi Zanatta said: "Romi has decided to consolidate its position in the international market of injection molding machines and stamping the Romi brand in the machines was a decision that confirms the intentions of the company, as well as gives confidence and strength to the Sandretto brand."

At K 2013, Romi will exhibit new injection molding machines, including the EN 450, EL 75 and EL 300.


Comments

Romi disposes of Sandretto plant in Italy

EUROPEAN PLASTICS NEWS

Published: October 2, 2013 12:00 pm ET
Updated: October 2, 2013 12:02 pm ET

Post Your Comments


Back to story


More stories

Image

Haitian aims to revolutionize US molders' purchase process

March 27, 2015 9:00 am ET

Haitian International Holdings Ltd. (Booth W3683) is introducing new machines to North American molders with four presses on display at its large...    More

Image

Techmer PM planning new compounding plant

March 26, 2015 3:30 pm ET

As crowds gathered around their 3-D-printed Shelby Cobra sports car, Techmer PM officials revealed that the firm will open a new materials plant in...    More

Itech South buys 7 Negri Bossi presses

March 26, 2015 4:51 pm ET

Itech South, part of Injection Technology Corp., bought seven Negri Bossi injection molding presses, equipped with Sytrama robots, at NPE 2015.    More

Image

Uniloy Milacron, 20/20 ink massive structural foam press sale at NPE

March 26, 2015 4:19 pm ET

20/20 Custom Molded Plastics Ltd. bought four Uniloy Milacron structural foam machines, in a deal signed March 25 at NPE 2015.    More

Image

Customs snafu snags Boy Machines

March 26, 2015 9:42 am ET

ORLANDO, FLA. — With apologies to poet Robert Burns, this year’s NPE in Orlando definitely proved that “sometimes the be...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events