RadiciGroup bags award for innovative specialty polyamide

September 03, 2013 - Italy

Frost & Sullivan, an internationally recognized growth partnership consulting company, has selected RadiciGroup Plastics as the recipient of one of its “Best Practices Awards” for the outstanding performance features of its engineering plastics products – specifically its Radilon speciality range – and for demonstrating outstanding achievement in the areas of technical competence, innovation and comprehensive product line development.

Based on its recent market research, Frost & Sullivan, a growth partnership consulting company, has presented RadiciGroup Plastics with the 2013 European Frost & Sullivan Product Line Strategy Leadership Award for the polyamide industry.

The award was given to RadiciGroup for outstanding achievement in the areas of technical competence, innovation and comprehensive product line development.

Every year, Frost & Sullivan bestows the Product Line Strategy Leadership Award on a company that has developed a comprehensive product line for its target markets. The award signifies how well the product line meets customer base demands, its overall impact in terms of customer value and the increased market share.

“Frost & Sullivan research anticipates the high performance polyamides market to grow at an average rate of 6 to 7 percent per annum and RadiciGroup Plastics is well prepared to capitalize on this opportunity,” said Frost & Sullivan Industry Analyst Sandeepan Mondal.

“Focused on innovating cutting-edge materials and consistently reducing product development time, the company is proving itself capable of providing economically feasible solutions for technically challenging, high-performance polymer needs in various industries.”

RadiciGroup Plastics management has expressed great satisfaction. “The award we received from Frost & Sullivan is an important recognition,” said Erico Spini, Marketing&Application Development Director of RadiciGroup Plastics.

“It recognizes our capacity to anticipate the needs of our customers and the market in general, our flexibility, our research and development to find innovative solutions, and the extent of our vertical integration. During the upcoming years we will keep our efforts focused on developing higher performance polymers having ever lower environmental impact.”

“The European Frost & Sullivan award is a further acknowledgement of the validity of our Group development strategy,” stated Cesare Clausi, Business Manager Europe of RadiciGroup Plastics.

“It’s a strategy that reaches outward with an eye to the global market. Indeed, we are an enterprise doing business well beyond the borders of Europe. Over the years we have built and strengthened our presence in the international market to become the global player we are today. We consider this latter aspect to be one of the essential characteristics needed to fully capitalize on the opportunities presented by our plans for innovation.”

The Frost & Sullivan award received by RadiciGroup is a testimony to the European leadership position the Group has achieved over the years.