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Gabriel-Chemie opens subsidiary in Spain

Gabriel-Chemie opens subsidiary in Spain
By recently founding the Gabriel-Chemie Ibérica S.L. subsidiary, the Austrian family-owned company is expanding into the Spanish, Portuguese and North African markets, and is therefore pursuing its consistent growth strategy. Spain is Europe's seventh largest plastics market with an annual consumption of approximately 2.7 million tonnes of polymers (2015). Gabriel-Chemie Ibérica is solely owned by Gabriel-Chemie Spain Holding GmbH, whose Managing Director is Ms Elisabeth Sommer.

The well-connected industry expert Jose Luis Santamaria Palacios has been appointed for the operational management of Gabriel-Chemie Ibérica S.L., whose registered office is in Madrid. Together with the Sales Director, Rafael Becedas Diez, he will be responsible for developing the business in Spain, Portugal and North Africa; both managers have shares in Gabriel-Chemie Ibérica S.L. As a first step, the company will invest in a laboratory and production facilities for colour masterbatches.

Over recent years, Gabriel-Chemie GmbH has successfully exported colour and additive masterbatches to countries on the Iberian Peninsula. It is hoped that opening a new sales and production subsidiary will help generate further growth in this important market.

Ms Elisabeth Sommer, Managing Director of the Gabriel-Chemie Group, is delighted to see this step towards expansion: "Our growth potential in this economic area has been limited by our current structure. By having our own sales and production subsidiary, we are able to react better and faster than ever before to the market needs of Iberian industries. By building on our reputation for high quality, we believe there is great potential for us to successfully establish ourselves in this large plastics market".

The Austrian plastics company already has six subsidiaries abroad and, by founding a new subsidiary in Spain, it is signalling healthy growth.

Gabriel-Chemie specialises in refining and colouring plastics. The company was founded in 1950 and is now one of Europe's leading masterbatch manufacturers. The independent, privately owned group has its headquarters in Gumpoldskirchen in Austria, and operates further subsidiaries in Germany, Great Britain, Hungary, the Czech Republic, Poland and Russia, where it employs approximately 530 people.