A Speed-Dry dry squaring and chamfering line for large-size ceramic tiles has been installed at the RAK Ceramics facility in Tehran.
The well-known Spanish ceramic tile manufacturer has strengthened its technology partnership with SITI B&T with an investment in a new plant for large-size tile production.
SITI-B&T Group has posted 22.5% growth in revenues and 37.7% rise in EBITDA in first half of year.
The Sassuolo-based company continues its growth through technological innovation.
Revenues reach 209 million euros (up 14% on 2015), EBITDA grows by 9.3% and net profits soar to 9.7 million euros (+33.2%).
First launched two years ago, the high-speed dry squaring machine from Ancora has established itself in Italy and in the main foreign markets in Europe, America and Asia.
Lamosa has expanded its factories in Guanajuato and Tlaxcala with the installation of two complete high-efficiency lines supplied by SITI B&T Group.
For the new Daltile factory in Mexico SITI B&T will supply a spray dryer, mills and high-energy efficiency Titanium kilns, as well as an Ancora finishing line.
Following an excellent first-half performance, SITI B&T Group is expecting to close 2016 with 10% growth in revenues to approximately 187 million euros.
A complete end-of-line plant supplied by Ancora is in operation at the factory in San Clemente near Rimini.
First day of trading on the market for the Italian multinational manufacturer of machinery for ceramic industry.
Participation in the Brazilian exhibition will serve to promote the SITI B&T Group’s latest innovations developed for the local market, including Brazilian-made kilns.