SKYTECH continues its expansion in Italy and announces the signature of a distribution partnership with Polytrade
Le Val d’Hazey, December 1st, 2022 – As part of its development in Italy, SKYTECH, the French greentech specializing in the production of premium recycled resins for industrial applications and plastics manufacturers, announces the signing of a distribution agreement for its entire product range with the Polytrade Group in Italy.
Polytrade, a company of the group Com-ita plast spa, is a distributor based in Italy offering procurement solutions for plastics and thermoplastics. Founded in 1994, Polytrade advises its industrial customers in the implementation of solutions to decarbonize their production process and accelerate the circular economy. Its ambition is to develop the use of recycled plastics in a context of increasing demand from manufacturers.
SKYTECH – which recently created a subsidiary in Italy and will set up a 50,000-ton premium recycled plastics production plant in Pozzaglio ed Uniti in Lombardy – has initiated commercial relations with Polytrade from the beginning of 2022. The signature of this commercial partnership confirms the cooperation between these two companies and allows them to expect a significant acceleration of their activity in 2023 in Italy.
Christophe Lamboeuf, CEO of SKYTECH, comments: “We are delighted to have signed this commercial partnership with Polytrade, which is a major player in the distribution of polymers in the Italian peninsula. Polytrade is fully committed to the circular economy and is eager to meet the growing demand from its industrial customers for clean and sustainable alternatives to petroleum-based plastics. For SKYTECH, this partnership is a major step in our long-term establishment in Italy.”
The commercial team of Polytrade, said: “We are very pleased to have entered into this partnership with SKYTECH, which is an innovative, reliable and leading supplier of high-quality recycled ABS and PS. Together, our companies have the opportunity to significantly accelerate the circular economy in Italy by helping manufacturers to greatly reduce their carbon footprint. We would like to thank the SKYTECH teams for committing to our side.”
About SKYTECH
A company active in the intelligent and sustainable circular economy, SKYTECH contributes to revolutionizing the plastics industry with eco-plastics. SKYTECH produces premium recycled materials from complex plastic waste for industrial applications. After many years of R&D carried out with support from ADEME, SKYTECH has developed a proprietary, innovative sorting platform enabling the separation of post-consumer polymers at a purity rate greater than 99% as well as their granulation. SKYTECH offers a concrete answer to the challenge facing the plastics industry, namely, how to evolve their product to serve eco-design as well as to address a major environmental issue at the heart of society’s concerns. As a company, SKYTECH also strives to limit its own environmental impact with a production line delivering first class energy performance. SKYTECH has been supported since its founding by Xerys Invest.
For more information, www.SKYTECHslp.com; LinkedIn @SKYTECH SLP
About XERYS INVEST
Xerys Gestion is a French investment company primarily positioned on trending sectors that include healthcare & Life Sciences, renewable energy, Greentech and new digital technologies. As such, Xerys Gestion supports companies in industries undergoing major transformation to address economic, environmental, and societal challenges and that have great ambitions for their growth and international expansion.
In its market, Xerys Gestion stands out as much for its modus operandi and the strategic and operational support it provides to portfolio companies, as for the range of à la carte investment opportunities offered to investors and the firm’s close relations with them, or its sector-based approach. Lastly, Xerys Gestion has considerable sector expertise, bolstered by a strategic committee made up of recognized specialists and experts in key sectors.
For more information, visit: www.xerys.com; LinkedIn @Xerys.
Press contact
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Edouard de La Loyère – +33 6 76471444 – edelaloyere@convictions.fr Nedjma Amrani – +33 6 84 78 92 30 – namrani@convictions.fr
