MEXICO CITY (Oct. 5, 2:50 p.m. ET) — Materials firm Resinas Colores y Compuestos SA de CV recently added a new twin-screw extrusion line and hopes to add a second production site in the next two years.
The new line is the sixth for the Naucalpan, Mexico-based firm, company director and co-owner Jose Antonio de Leon said Oct. 4 at the Plastimagen 2011 trade show in Mexico City.
RCC produces color compounds and concentrates based primarily on engineering resins. The firm employs 72 at a 150,000 square-foot plant in Toluca, and hopes to add a second site in Monterrey, possibly by late 2013, de Leon said. The new site would enable RCC to take advantage of growth from the automotive market, he added.
In 2011, RCC is on track to post sales of about $12 million, which de Leon said would be a 30 percent increase vs. 2010.
De Leon and two partners founded RCC in 1990 before selling it to M.A. Hanna Co. — a predecessor of U.S. compounding leader PolyOne Corp.— in 1993. He and a partner then restarted the firm in 2002.