R&P POLYPLASTIC reports First-Quarter 2017 results

The Research and Production Enterprise POLYPLASTIC displays a growth dynamics. Shipment of the company’s products in Q1 exceeded numbers of the business plan by 9%. The company reported its results today.

The automotive industry holds the first place among consumers of the Russian compounder, along with that, this industry had shown the best growth trend. Along with the auto industry, white goods and civil construction continue to lead the company’s consumers list: 37%, 25% and 17%.

Sales capacities had grown by 9,2% in comparison with identic period of last year. In respect of territorial results – Engels remains to be the compounders’ logistics hub with 65% of shipping happening at that production site. This quarter had been marked by a substantial achievement delivered by the company’s sales department – Samsung entered R&P POLYPLASTIC’s Top-10 consumers list.

According to analytics from the compounding enterprise, the fact of increase in capacities amid an unstable currency environment should be regarded as a substantial growth. POLYPLASTIC was able not only to hold its leadership on the market, but also increase its supply capacities – all these whilst low materials prices of foreign compounders.

“Every cent of the company’s income had come as result of a beneficial impact from each employee” – thus summarized Andrey Menshov, the company’s managing partner

 In respect of production, the enterprise had also strengthened its position by exceeding numbers in the BP. A proposal was made to correct the company’s course in spite of upcoming challenges, among which is the future expansion of custom borders.