February 25, 2025 16:11
Despite challenging macroeconomic conditions and fluctuating raw material prices, Italian thermoplastic compounder Sirmax closed 2024 with growing revenue, increasing from €410 million to €420 million, and a 10% rise in volume.
This growth was driven by recent investments in new production capacity and strong sales performances in India, Brazil, and the United States.
A slight recovery was also observed in Europe, which accounts for 65% of total revenue, despite inflation, high energy costs, and declining demand for durable goods.