Home / Knowledge / News / Textiles / Brazil offers excellent growth opportunities to Radici
Brazil offers excellent growth opportunities to Radici
23
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

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search