MOSCOW (MRC) -- The new RadiciGroup industrial site in Suzhou, China has been officially opened. Designed to double capacity for manufacturing engineering polymers, the area will significantly step up the Group’s presence on the Asian market as a key player serving numerous sectors – from the automotive and electrical/electronics industries to consumer and industrial goods, said the company.
The Group has had production operations in China since 2006, when it first opened in a small factory in Jiangsu Province. In 2012 it moved to a larger site, to then start on the construction from the ground up of this new fully-owned facility, designed for future scalability, as required.
RadiciGroup invested €35 million in the development of the new complex, sited on 36,000 square metres of land, around half of which is occupied by production and research & development facilities. The rest houses offices, meeting rooms, and communal areas, along with gardens and parking areas.
The state-of-the-art complex features the most advanced green building technologies available today, for which it is LEED Gold (Leadership in Energy and Environmental Design) certified. This international standard for high-performance green buildings incorporates parameters such as benefits for the environment and human health, the reduced consumption of water, energy efficiency, and the use of environmentally-friendly building materials and solutions. Notable features of the Suzhou site include the installation of a continuous monitoring system to ensure the energy efficiency of the building, rooftop solar panels to produce renewable energy, and a rainwater recycling system to meet the water needs of the site.
We remind, RadiciGroup High Performance Polymers acquired the Engineering Plastics business of the Indian company Ester Industries Ltd. Last May, RadiciGroup announced this important action aimed at strengthening its internationalization strategy, with an investment of around 35 million euros: the transaction allows RadiciGroup - in India since 2006 - to further reinforce its local presence through the acquisition of one of the main and historic players on the Indian market.
RadiciGroup High Performance Polymers is a multinational organization with the capacity to manufacture and supply engineering polymers (based on polyamide, polyester and other materials) around the globe, with the backing of a production and sales network across all continents, as well as research and development increasingly focused on high-performance polymers.