JEC Group have brought together the international community of composites leaders and executives in our Composites Circle as an unique networking opportunity to meet with both peers and future partners.
The new AXSON group created in 2011 is today bringing together BS Coatings, Revocoat and Axson Technologies to become a world leader in high performance operational polymer formulation.
The birth of a new group
“Our three businesses together represent a major asset for AXSON’s customers who will now have access to a broader range of solutions,” indicates Charles CHURET, Chairman of AXSON. “And every customer will benefit from the synergy of the expertise, R&D facilities and worldwide presence of these three businesses”. AXSON specialises in innovative solutions for design, creation, assembly and protection in industrial transport, energy, water, sports and leisure, construction and infrastructure markets.With its 25 subsidiaries and 16 production and R&D sites, AXSON has an immediate presence in most industrial countries in Europe, Asia, the Americas, the Middle East, India and Africa. The group can rely on the mobilisation of over 800 employees throughout the world. To improve its geographic coverage even further, AXSON also has a well-established, parallel retail network. “Our international coverage means we can work in the best conditions to offer our customers local solutions to support their development on-site,” continues Charles CHURET. “Our forecasts are targeting sales figures of around €250 million for 2011.”
New plant in RussiaAXSON is further strengthening its global presence with the announcement of the construction of a new Revocoat formulation plant in Kolomna, Russia for the local automotive market. It will also be a shared platform for future developments of the group’s three businesses. “This new plant will enable us to double our production capacity compared to the existing plant and also meet growing local demand in the automotive sector,” adds Charles Churet.
Creation of a joint venture in Saudi ArabiaAXSON continues its international development with the announcement of BS Coatings’ acquisition of equity in SIPCO (Saudi Industrial Paint Company). The joint-venture with the Saudi group UNIVEST plans to develop SIPCO’s industrial paints by introducing technologies for the production of BS Coatings’ pipelines under the Eurokote® and Endoprene® brands for the Middle Eastern market.
More information: www.axson-group.com