The Ukrainian concentrates market is expected to grow more quickly than that of the rest of Europe through 2010, according to an executive with one of that nation's largest concentrates makers.
Sergii Petrenko, general manager of Technocom Ltd. in Kiev, Ukraine, said there's plenty of room for growth in that country, where imported concentrates account for about 70 percent of consumption. The country's per capita plastic consumption of 35 pounds per year also is low by global standards, Petrenko said at Thermoplastic Concentrates 2008, held Feb. 25-27 in Chandler.
Technocom was founded in 1994 and employs 38, operating 11 million pounds of capacity, with five twin-screw extrusion lines. About 90 percent of the firm's output is in additive masterbatches, primarily those using calcium carbonate. More than 40 percent of Technocom's concentrates sales are into polyethylene films.
The firm, which holds a 14 percent share of the Ukrainian concentrates sector, posted sales of about $30 million in 2007.