PMMA: exclusive european partnership and distribution
VAMP TECH signed a distribution agreement to import Chinese PMMA in Europe.
The agreement came into force on July 1st and it makes VAMP TECH the first European partner of Suzhou Double Elephant, the largest PMMA manufacturer in China.
Suzhou Double Elephant is a modern company, located in Jiangsu region, equipped with high level technology and brand new assets. Founded in 2012, with an installed PMMA capacity of 120.000 MT, can deliver products for a wide range of optical applications like LCD screens, LED technology, optical fibres, automotive lightings, sheet extrusion just to name a few.
Suzhou Double Elephant invested so far 1.19 billion RMB on this project, with the scope to be the first local player on this market, up to date considered a huge market, but only for importation.
VAMP TECH, that this year celebrates 30 years of activities, has been distributing since the beginning PMMA in Italy from the most important European producers. With this agreement, the company with headquarter in Busnago, foresees the possibility to enlarge its distribution business activity to other markets outside Italy.“We are really proud of having been chosen by the largest Chinese PMMA manufacturer to bring its product into Europe. Our Company is planning the necessary investments to face this challenge, and all the others coming” said Piero Eigenmann, CEO of VAMP TECH.