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.
Bulk Molding Compounds, Incorporated (BMCI), announced on the 24th of January 2011 the opening of a production facility in Turkey. BMC TetraDURTurkey Plas3k Hammadde Kompozit Üre3m Sanayi ve Ticaret Limited ªirke3 (BMC TetraDURTurkey) began production in January.
Current production is expected to increase quickly due to customer demand in Turkey and the surrounding regions. The Turkish BMC market is growing at a double digit annual rate annually. The Turkish domestic BMC markets include electrical, appliance and automotive. In addition to these, there is a strong demand for construction and outdoor applications. BMC TetraDURTurkey will employ 20 individuals initially and is located approximately 20 miles east of the center of Turkey’s capital, Istanbul. General Manager for the facility is Hakan Unsal of BMCI’s German division, BMC Europe (BMCE). “We are very excited about this strategic expansion into the dynamic composites market in Turkey. We feel there is significant growth potential with both new and existing customers. This move further demonstrates our commitment to growing our leadership position in the global composites market,” stated Mike Huff, CEO of Citadel Plastics Holdings, Incorporated. BMCI is a portfolio company of Citadel Plastics Holdings, Incorporated. BMCI was acquired by Citadel in 2008 and since that time the corporation has acquired five additional conglomerates.
Source : Bulk Molding Compounds, Inc.