Double digit growth for Ingenia; expansion at its Saudi plant
Ingenia Polymers, a compounder with Canadian roots, continues to experience double digit growth every year, said president and CEO John Lefas when interviewed by Canadian Plastics last week at the company’s booth at the NPE trade show in...
Ingenia Polymers, a compounder with Canadian roots, continues to experience double digit growth every year, said president and CEO John Lefas when interviewed by Canadian Plastics last week at the company’s booth at the NPE trade show in Orlando, Fla.
Ingenia opened a plant in Al-Jubai, Saudi Arabia last October, where it is making its line of SuperBlend ultra-high concentration additive masterbatches. It is now in the process of installing another line to make wire & cable compounds, having purchased a plant in Bahrain and moved that equipment into the Saudi plant. Material made at the plant will be sold in India and China, as well as in the Middle East.
Lefas, who now lives in London, England, founded the company in 1986 in Brantford, Ont., when it was known as WedTech.
There are also plants in Calgary and in Houston. Lefas said that because of his company’s diverse product portfolio, growth has been steady throughout the world – no one region has predominated.
One of Ingenia’s plant in Houston is dedicated to black masterbatch. It has seen strong gains in black masterbatch for pressure pipe, conduit and drip irrigation, according to Clark Brumbaugh, Ingenia’s global marketing director. It has also seen growth in its Superlink cross-linkable polyethylene for rotational molding. Ingenia has recently started to serve the wire & cable market, and is looking for growth in that market.
Ingenia generates about half of its sales from proprietary products: white and black masterbatches, color and additive concentrates, and specialty products for the roto molding, pipe and film markets. The other half comes from the tolling work that it does for major resin producers.