2013 Nonwovens Sales: $181 million
Matteo Moltrasio, president; Luigi Cassano, managing director; Alessandro Taramasso, commercial director
Spunbond, spunmelt, carded, thermal bonded, apertured
The big news from Union Industries this year is the construction of its first manufacturing facility outside of Italy. In March, the company said it would add a 3.2-meter Reicofil 4 SSMMS line in Poland. The new line will be capable of making 15,000 tons of nonwovens when it becomes operational in the second half of 2015.
“The Polish investment is aimed to be closer to the Northern and Eastern European markets, which we already serve,” says Matteo Moltrasio, president.
In announcing this investment, the company also reported it was looking at investment options outside of Europe, possibly in North Africa, and Moltrasio says that more definitive plans regarding Union’s scope outside of Europe will be announced after the Polish line comes onstream.
Meanwhile, sales of Union’s existing nonwovens business, which includes 84,000 tons of production capacity in Masserano, Italy, were reported at €132 million ($181 million) in 2013, a slight decrease over 2012.
“The European market is mature and saturated,” Moltrasio says. “And, growth in the North African and Middle East markets has slowed down.”
Union has been focused on the development of new materials for hygiene and medical applications. “Union’s aim is to follow our customers’ needs by developing high performing materials and constantly investing in state-of-the art-technology,” Moltrasio adds.