R&P Polyplastic has taken the second step towards entering the Hungarian market

R&P Polyplastic has taken…

Polyplastic Trading House representatives had a meeting with the Hungarian office managers of HSH Chemie, one of the leading distribution companies having more than 30 years of experience and a network of offices in Central and Eastern Europe.

The parties signed an NDA and agreed to promote the materials of the leading Russian compounder primarily in the automotive industry segment.

"Discussing potential development directions with partners, we mentioned that we already have a good experience in supplying polymer compounds of R&P Polyplastic to Europe for the production of automotive components. Our materials meet the requirements of such well-known molders as Faurecia, Valeo, Magna. This information had a substantial impact for the determination of the priority market for our brand promotion in Hungary," says Pavel Kruglov, General Director of Polyplastic Trading House.

European distributors were also interested in materials developed by R&P Polyplastic for manufacturers of household appliances. HSH Chemie noted that these compounds could be very interesting on Central and Eastern European market, which is equally attractive for both Russian and Hungarian parties.

"In Eastern Europe, there is a quite strong competition among manufacturers of polymer compounds based on PP and PA6, the main matrixes used by R&P Polyplastic. However, we see the potential of the Russian compounder on the Eastern European market," Anikó Petrik, Sales director of HSH Chemie Kft. noted.

It is worth mentioning that R&P Polyplastic will be the first Russian compounder to start working in Hungary with HSH Chemie.

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