The first trade fair after months of pandemic. China, a market of great interest to the Group in its aim to grow in the automotive, home appliance and consumer goods sectors
RadiciGroup High Performance Polymers – the Group business area engaged in the manufacture and sale of high performance engineering polymers – will be participating in Chinaplas 2021 trade fair, to be held from 13 to 16 April at the Shenzhen Convention & Exhibition Center.
Chinaplas marks RadiciGroup's return to the world of trade fairs after months of pandemic, during which no business events could be organized. Together with High Performance Polymers, the Group’s Specialty Chemicals Business Area will also be present at the event (Hall 17, Booth G145), exhibiting its wide offering of polyamide 6, 6.6, 6.10, 6.12 polymers and recycled polymers.
“There is a lot of excitement surrounding this event,” Alberto Sessolo, country manager China of RadiciGroup High Performance Polymers, said. “as it is the first Chinaplas where Chinese nationals will make up nearly all the visitors. For us, it is an opportunity to meet with customers, strengthen existing partnerships and discuss future projects,” Sessolo continued. “Since April 2020, the Chinese market has experienced a strong recovery in both internal demand and export. As per tradition, we will be focusing mainly on automotive and its e‑mobility evolution, while also keeping a close eye on the home appliance and consumer goods sectors, where volumes have seen a steady increase.”
In China, in order to meet the rising demand and ensure the necessary support for current and future development activities, RadiciGroup High Performance Polymers has begun work on the construction of a new 25,000-square-meter plant equipped with optimized internal logistic systems that will increase production capacity by 30,000 tons/year: a total investment of almost EUR 20 million, in the Suxiang District Industrial Park in the city of Suzhou, in accordance with expectations for strong business growth in the Asian region.