Revenues jump for thermoset elastomer producer
Canadian PlasticsCanadian Plastics
B.C.-based Radical Elastomers Inc. (formerly Botex Corp.) has announced a near doubling of its revenues through the...
B.C.-based Radical Elastomers Inc. (formerly Botex Corp.) has announced a near doubling of its revenues through the first two quarters of this year, compared with the same period last year. Revenues of $727,814 for the six months ending on June 30, 2002 were 74% greater the $418,617 generated during the comparable time frame in 2001, reports Kevin Parkinson, CEO and president of the company. Parkinson says the revenue growth is a result of improvements which have allowed greater production throughput, as well as an increase in shipments to the company’s largest customer.
Radical Elastomers uses a patented technology to manufacture thermoset elastomeric product known for its unique combination of high abrasion resistance and rubber-like elasticity.