Franco Stefani will maintain a 40% stake in the new company System Ceramics and will stay on as Chairman. The closing of the transaction is expected to occur by the end of the year.
Several SBOX and TFLAT units have been adopted in the ceramic slab production factory started up at the end of 2017.
The Italian facility and the Cinca plant in Portugal have undergone a technology upgrade, including significant investment in the end-of-line department.
The US division of the Chinese group Marco Polo is investing in advanced automation for new porcelain tile products and sizes.
The Indian company will start up in April a new System line to produce slabs up to 3200 mm.
The new line will be used mainly for the production of 3 mm and 6 mm thick panels in sizes 3600x1200 mm, 3200x1500 mm, 2600x1200 mm and 2600x1500 mm.
The Lamgea 22000t press and the Creadigit systems are the key technologies adopted in the Indian group’s new facility.
System’s Ceramics division will present a case study on improving printing performance.
Faboce has chosen System technology for digital decoration, handling and packaging of full-body and glazed porcelain tiles in sizes up to 120x120 cm.
The Morbi-based company has initiated an expansion programme with the installation of System’s LAMGEA press.
The company has seen a sharp rise in orders for Tech Tower plants and complete lines for handling extra-large sizes.