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RadiciGroup: 85% of production in Europe

 |  Subj: Press-releses

Resource recycling andáreuse are theákey words ofátheáGroupĺs corporate strategy, ináline withátheáEuropean Commissionĺs circular economy andáecodesign proposal.

ForáRadiciGroup, Europe is where theámost exciting challenges are playing out. TheáGroupጠheaded byátheáRadiciábrothers, Angelo, Maurizio andáPaoloጠis engaged inátheáchemicals, plastics andásynthetic fibres businesses andácarries outá85% ofáits production ináEurope, where it employs 2,624ápeople (3,060áemployees worldwide iná2016) atá17áproduction sites (24, worldwide) andá7ásales sites (10, worldwide).

RadiciGroup boasts aá75-year-long tradition inátheátextiles business and, today, is theásecond-ranking European producer ofápolyamide (210,000átons per year) andápolyester (24,000átons per year), which are two ofátheásynthetic fibres most widely used worldwide foráaávariety ofáapplications, including automotive (55% ofáRadiciGroup sales revenue), apparel (technicaláandásportswear, ináparticular), furnishings andáother industrialáuses.

Withinátheácontext outlined above, theáGroup has formed aápartnership witháAtalanta BC forátheáUEFA Europa League andátheáCoppa Italia. Europe is theáplaying field ofáthis venture, forábothátheáGroupĺs business goals andátheáNerazzurriáClubĺs challenges inátheáUEFA Europa League footballácompetition.

ôSeeingátheáRadiciGroup brand onátheáAtalanta jerseys forátheáEuropa League is something Iácan be proud ofጠunderlined Maurizio Radici, vice President ofáRadiciGroupŚOur Group was founded ináBergamo andástilláhas its headquarters here, even though we operate alláoverátheáworld, particularly ináEurope, where 85% ofáour production takes place. We were aásmalláprovincialátextile company andáhave become aámultinationaláináchemicals, plastics andásynthetic fibres. Iĺd like toáthank Atalanta forágiving Bergamo andáalláofáus residents theáopportunity toáexperience this magicaláEuropean adventure.ö

RadiciGroup is theáonly European producer withácomplete controláofáits entire production process, fromápolymer chemicals toásynthetic fibres andáengineering plastics, including end-of-life recycling. This vertically integrated production modeláis capable ofáimplementing what theáEuropean Commission is promoting inátheáfield ofácircular economy, aásystemádesigned forátheárecycling andáreuse ofáresources.

ôRadiciGroup has long worked atádeveloping low environmentaláimpact materials andáprovidingácertification foráits products andáprocesses,ö stressed Angelo Radici, president ofáRadiciGroup. ôOur Group can rightly be considered anáidealáupstreamásupplier foráanáecodesign-oriented market.ö


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