MOSCOW (MRC) -- R&P POLYPLASTIC, the largest Russian manufacturer of thermoplastic composite materials, plans to expand its presence in Uzbekistan, the company said.
Thus, the company intends to expand its participation in automotive projects and increase the shipments of polymer compounds to the country by 5-6 times. The company is currently supplying compounds for exterior parts for a project of one of the world's leading automotive brands localized in Uzbekistan.
"Despite the fact that it is not easy to compete with the local manufacturers, we are seriously considering the possibility to significantly increase the volume of supplies and also to diversify the range of materials for automotive industry projects and the production of large household appliances in the near future," says Pavel Kruglov, General Director of Polyplastic Trading House, authorized commissioner of R&P POLYPLASTIC.
This summer the company's managers participated in a number of meetings with existing and potential partners, and summarized that the Uzbek markets of materials for the automotive industry and large household appliances are very promising. R&P POLYPLASTIC portfolio already includes approved brands of compounds for the manufacture of household appliances, as well as for exterior, interior and engine compartment parts for the leading automotive brands, which the company is ready to offer to manufacturers in Uzbekistan.
"Plastics processing in Central Asia is developing at a fairly high pace; there is a lot of interest in this industry. This is apparent also evaluating the standard of industry exhibitions like Plastex Uzbekistan 2021, which will take place on November 3-5 in Tashkent. Every year it becomes more interesting and significant. This fact tells us about only one thing, namely the interest in development of polymer industry in the country. And we, as leaders, should not miss the opportunity to gain a foothold in such a promising market," Pavel Kruglov notes.
Earlier it was reported that R@ POLYPLASTIC, the largest Russian manufacturer of thermoplastic composite materials, increased the volume of export of compounds for nine months by 1.5 times. In percentage terms, supplies of materials from the leading Russian compounder increased by 58% compared to the same period in 2020.
R@P NPP "POLYPLASTIC" also plans to modernize 50% of production lines by 2025 in terms of automation of the control system and traceability of production process data.
Research and Production Enterprise "POLYPLASTIC" specializes in the production of thermoplastic composite materials and polymer raw materials for processing by injection molding, injection molding and extrusion and occupies a leading position in the Russian market of compounds based on thermoplastics. The company is in the TOP-10 among European compounders. The total production capacity of the enterprise is more than 115 thousand tons per year.
MRC