The majority shareholder since May 2018, Breton has completed its acquisition of the shares of Tecnema, which will be incorporated into the Treviso-based company by the end of the year.
The Sassuolo-based company won the Research category of the award for the creativity and complexity of its tailor-made booth and its skilful use of materials and patterns.
The group’s new goals are set out in the Sustainability Report 2018. With the installation of a further 26,000 sq.m of photovoltaic panels, the company can now meet up to 100% of the electrical energy requirements of its Italian factories.
The company expects to return to CAGR of 12-13% over the next 3-4 years and to increase profitability through capacity expansion for glazed vitrified tiles and a greater retail footprint.
With the appointment of a new export manager, I-Tech aims to expand in the Americas and in Asia.
One year on from the merger that lead to a more efficient, integrated management of the various plants, the Thai company has reported a big improvement in profitability.
The Indian group expects a further 12-13% sales growth in volumes in the fiscal year 2020.
Despite the difficulties, the Iranian ceramic tile industry is pursuing new development plans to upgrade the production mix.
With the death of Giorgio Squinzi in the late afternoon of Wednesday 2 October, the ceramic industry has lost one of its best known and most influential figures.
The latest order was from RAK Ceramics, which installed the new continuous modular mill in the large ceramic tile production plant equipped with the Continua+ line.
LATICRETE® International, a leading manufacturer of globally proven construction solutions for the building industry, has acquired Benfer Schomburg of Castelnuovo Rangone (Modena).
In June, LB took part in two promotional events: the exhibition Forn&Cer in Brazil and the Technical Expert Meeting of System Ceramics in Poland.