Argentina's top masterbatch producer to expand capacity

By Bob Moser
Correspondent

Published: July 7, 2014 2:38 pm ET
Updated: July 7, 2014 2:41 pm ET

Image By: Bob Moser Graciela C. Garcia, president of Julio Garcia e Hijos SA.

Related to this story

Topics Materials, Latin America, South America, Materials Suppliers

BUENOS AIRES, ARGENTINA — Julio Garcia e Hijos SA, Argentina’s largest domestic producer of color concentrate and compound masterbatches, will expand production capacity in the third quarter by 100 metric tons per month at its newest subsidiary, which is dedicated to unique colors and specialty client orders, the company’s president told Plastics News during Argenplás. The subsidiary, Concentrados y Compuestos SA, began production in July 2012 in Pilar, Buenos Aires province, and focuses on one-of-a-kind thermoplastic masterbatch orders for customers with unique needs.

The company produced roughly 15,000 metric tons in 2013, and its three plants offer a total production capacity of 1,800 metric tons per month. Of that, Concentrados y Compuestos contributes 300 metric tons, but the arrival of three new extrusion lines in July should boost the subsidiary’s production capacity to 400 metric tons per month.

The new lines, dedicated to specialty colored masterbatches at Concentrados y Compuestos, should be operational by the third quarter of this year. However, because the machines were purchased from Europe, the company can’t be certain how many loops it’ll have to jump through to get its assets out of customs in the Buenos Aires port, said President Graciela C. Garcia, in an interview at Argenplás in Buenos Aires.

“In recent years, the import restrictions applied by the federal government, and case-by-case authorizations for imports of materials and machines, have added new challenges to our business,” Garcia said. “The government simply doesn’t settle on and make clear the rules of imports. Our new machines arriving in July, we ordered back in April 2013. The purchase spent more than one year in authorization phase with our government.”

Roughly 95 percent of Julio Garcia e Hijos’ sales are made within Argentina, but the company has to import as much as 70 percent of its raw materials.

Because it is not a net exporter, and thus given import privileges by the federal government, the company had to invest in a safety net last year. The firm added a 2,000-square-meter warehouse in Pilar where it can store raw materials. 


Comments

Argentina's top masterbatch producer to expand capacity

By Bob Moser
Correspondent

Published: July 7, 2014 2:38 pm ET
Updated: July 7, 2014 2:41 pm ET

Post Your Comments


Back to story


More stories

Image

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Image

PET film maker Evertis expanding production in Mexico, Brazil, Portugal

November 20, 2014 2:52 pm ET

Evertis, a PET film maker, is expanding production at plants in Mexico, Brazil and Portugal, the company said.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Image

Silica can replace plastic microbeads

November 19, 2014 6:00 am ET

As cosmetics and soap makers face pressure to remove plastic microbeads from their products, Evonik Industries touts its new silica-based microbeads a...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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

Upcoming Plastics News Events

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

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

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events