Brussels — Two new companies were formally welcomed into membership of EuroPUR, the European flexible foamers' association on 8 June 2016 at the organisation's 50th annual general meeting.
The new firms are Interplasp of Spain and InterFoam of Ukraine.
Interplasp is a second-generation family owned firm founded in 1987. The company was founded to supply the furniture sector in Spain. The company has a factory of 30,000 m2. The firm invested EUR 12m to double the area of its production facilities, multiply by three its production capacity and add new foaming and cutting machinery.
"The company is growing at 20-30%/year; increased production by 40% of total production and we expect to double production with in the next four years," said Alejandro Palao, financial manager at the firm.
"Production includes conventional foam with density between 10-65 kg/m3 and viscoelastic foam as well as HR. We produce a range of biobased formulations using soya and we are examining materials with recycled content," he added. The company can foam at reduced or higher pressure, he said.
Inga Savchenko, marketing director of Interfoam, Ukraine, said her firm is the largest foam making company in the country with four modern plants. Total production capacity is around 33 kT/year and this may account for around 65% of the foam sold in the country, she added.
January 1997 saw the first Interfoam Ukraine plant launched near Kiev. In 2000, Dnepr plant opened in the west 6000 kT/year. The company also bought the third largest mattress maker in the country to access the consumer market. The company makes over 60 types of PUR, pillows, mattresses and sponges. Most production is sheet at 65%, she said.
"In 2015, the company was hit by the political shock which hit the country as construction stopped.
"Because the target of the Ukranian market is below crisis level the increase will come with the rise of construction and GDP, we expect a 2-5% recovery this year and 7-15% in the future to 2021," added Savchenko.
Per capita consumption is 200g/person, around 22.5m people live in Ukraine, excluding the Crimea. That means the Ukrainian market has the potential for growth, she said.
The company has a large number of relatively small customers, giving it a degree of independence, she added.