Polyram News
7 articles
growth-positive
פולירם נכנסת לתחום חדש - מדפסות תלת ממד בשיטת FGF המשתמשות בתרכוב על בסיס גרגירים - פלסטיק טיים
Israeli company Polirim, known for its work in composites, has entered the 3D printing sector. The company is representing Spanish firm TUmaker and will market its printers in Israel. Polirim is focusing on Fused Granular Fabrication (FGF) technology, a less common but highly potential method in the industry. The companys unique compounding capabilities can be utilized to customize raw materials according to customer requirements. Polirim has already provided such solutions to two local customers. The companys adoption of this new field is aimed at exposing it to additional industries and accelerating product development processes.
PartnersExpand
growth-positive
Polyram acquires MCT for € 25m - time.news - Time News
Polyram, a company manufacturing and marketing raw materials for the plastics industry, has signed an agreement to acquire the activities of German company MCT for about 25 million euros. MCT manufactures and markets products and additives from polypropylene and thermoplastic elastomers, with most of its revenue coming from the German market. Polyram plans to continue operating MCTs production lines and use its distribution network to sell Polyram products in Germany and other European countries. The acquisition is part of Polyrams strategy to grow both organically and through synergistic acquisitions. Polyram will finance the acquisition from its own sources, following a share issue of NIS 97 million. Along with the acquisition, Polyram is preparing to increase production capacity and is starting the operation of a recycling line in Israel and a production line in England.
Acquisition
growth-positive
פולירם מגייסת 100 מיליון שקל כדי לממן רכישת מפעל חדש: "לא אוהבים להיות ממונפים" | כלכליסט
Polirim Industries, a plastic manufacturing company, is planning to raise approximately 100 million shekels through the issuance of shares to institutional investors. The funds raised will be used to acquire a company in Western Europe, with which it is currently in advanced negotiations. The company also plans to expand its production in the United States. In addition, Polirim is planning to continue its investment in expanding its production in the US. The company is also active in China and the UK, where it acquired a plastic recycling company for 1.5 million euros in September 2019.
InvestmentAcquisitionExpand
growth-positive
UBQ Seals Deal With Polyram For Sustainable Thermoplastic Compounds
UBQ Materials and Polyram Group have announced a partnership to incorporate UBQ™, a bio-based material made from household waste, into Polyrams formulations. The partnership aims to bring new sustainability solutions to the market, particularly for the automotive industry. UBQ Materials converts unsorted household waste into a sustainable and cost-effective functional resin substitute. By combining Polyrams expertise in formulating high-end compounds with UBQs sustainable material, the partnership offers significant environmental benefits, such as reducing emissions and replacing virgin materials, without compromising functionality or profitability. Polyram, an international producer and supplier of high-performance thermoplastic compounds, sees sustainability as a priority for automotive manufacturers due to consumer expectations and legislation on carbon neutrality. The partnership will help meet the market demand for materials that lower carbon emissions while maintaining quality and performance standards.
Partners
growth-positive
מנכ"ל פולירם: "שרשרת האספקה ארוכה יותר וגם התייקרה מאוד"
Poliram, a company that develops, manufactures, and markets advanced raw materials and smart solutions for the plastic industry, reported a 33% increase in its revenues for Q3 2021, reaching 220 million shekels. The company, controlled by FIMI fund, is experiencing rapid growth due to high demand for raw materials for the plastic industry in Israel and worldwide. Poliram is continuing to increase its production capacity in its factories in Israel, the US, China, and Britain. The company also announced that it is in advanced negotiations to acquire a Western European company that operates in the field of manufacturing engineered thermoplastic compounds.
CustomersExpand
Polyram now making materials in Evansville, Ind.
growth-positive
FIMI buys 65% of Polyram
Private equity firm FIMI is acquiring 65% of Polyram, an Israeli thermoplastic compounds company, for NIS 347 million. Polyram produces thermoplastic compounds for various industries and has a market cap of NIS 605 million. The sale will contribute to the growth of Polyram.
Investment
