Green products drive Sirmax's business, taking the Group's 2021 consolidated sales well beyond expectations. The Cittadella-based company, which produces polypropylene compounds, engineering plastics, post-consumer compounds and bio-compounds for a wide range of applications, ended 2021 with €480 million in revenue – up from €315 million in 2020 and €300 million in 2019. Sales volumes saw a significant growth of almost 20%.
Driving these highly positive figures is the strong push towards 100% recyclable recycled compounds, biopolymers and thermoplastic elastomers. With a 40% increase in sales volumes, their growth rate is 2x the Group's average growth. Technopolymers, i.e. high-tech granules for high-tech applications in the automotive and electrical sectors, are also growing by 40%.
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