Home / Knowledge / News / Textiles / Brazil offers excellent growth opportunities to Radici
Brazil offers excellent growth opportunities to Radici
Feb '08
RadiciGroup has just celebrated ten years in Brazil, one of the Group's most strategic markets. This country offers excellent investment and growth opportunities for Group companies RadiciFibras Ltda and Radici Plastics Ltda in the fields of nylon and acrylic yarn, engineering plastics, copolymers and elastomers.

The two Brazilian firms achieved good results in 2007. RadiciFibras Ltda, with two sites covering an area of 300,000 square metres, had gross revenue of about BRL 301 million (equivalent to about EUR 117 million). RadiciFibras Ltda annually produces about 34,000 tons of acrylic fibre and 7,000 tons of polyamide yarn for the Brazilian furnishings, clothing and protective fabrics markets.

Radici Plastics Ltda, on the other hand, attained revenue of about BRL 100 million (about EUR 39 million). The latter firm has been active since 1997 in the production and sale of polyamide 6 and 66 engineering plastics and copolymers for the Brazilian automotive, electric/electronics, packaging and industrial products sectors.

“During our 10 years in Brazil, we have invested about USD 110 million (equivalent to about EUR 75 million),” said Angelo Radici, chairman of RadiciGroup, in the course of a meeting with Waldir Agnello, vice president of the Legislative Assembly of the state of São Paolo, “and we are determined to continue investing. This country has great potential yet to be tapped. We intend not only to improve the quality of our products and increase our market share in the plastics and synthetic fibres sectors, but also to offer new high-tech products.”

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search