Latin American leader in peroxides, the Brazilian company Polinox estimates a 5% growth in the volume produced in 2017. Although it may seem insignificant, it is a reason to celebrate after two consecutive years of decline.
“The economic crisis directly affected the transportation and construction sectors, two of the main local consumers of composites,” said Roberto Pontifex, director of Polinox. In 2016, the company’s results were not worse just because of exports, which rose 70% in the period, especially due to the sales to South American countries. “As a result, we managed to reach the same figures reported in 2015.” Last year, the foreign market accounted for approximately 20% of the company’s revenue.
This year, Polinox’s growth involves the recovery – albeit modest – of the local industry and the expansion of supply contracts executed in recent years with South American distributors.
“Despite the recent depreciation of the US dollar, we are excited about the evolution of our presence in other countries. In parallel, the new US protectionist trade policy may facilitate agreements between companies that hitherto only focused on the US market. This will facilitate, for example, our entry into the Mexican market,” said Pontifex.
Founded in 1960 and certified according to ISO 9001 and 14001 standards, Polinox currently operates an industrial complex in Itupeva (SP) with a monthly production capacity of 360 tons of peroxides.