EuroWire November 2017

News Corporate

New production line for compounds

DURING the summer break Fainplast has installed a new production line for HFFR (halogen-free flame-retardant) compounds crosslinkable with the SIOPLAS method (XLPO-HFFR), also known as HFX. For this new line, included in its 2017-2020 investment plan, Fainplast expects complete saturation of production capacity within year 2018, with an expected increase of sales turnover of €10m in this specific product segment. The total amount of investments scheduled by Fainplast for 2017 is approximately €3m. In addition to the new HFX line, at the end of 2017 the installation of a new compounding line of the brand EVAtech will be completed. The Fainplast HFX compounds, which are developed in its R&D laboratories and produced with innovative technology, are shipped worldwide to some of the most reputable cable manufacturers for the production of high temperature cable or solar cables. Faraotti Battista, founder and chief executive of the company, said: “With this new investment we want to consolidate our leadership in the halogen-free flame-retardant cables segment. A market in which we are already one of the global leaders for thermoplastic applications.” Fainplast Srl – Italy Website : www.fainplast.com

▲ ▲ The Fainplast plant in Ascoli Piceno, Italy

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November 2017