Permali Gloucester Limited, a UK-based composite and polymer development and manufacturing firm, has invested over £1.5 million in the company during 2016.
This includes a large investment in upgrading the company's process heating system, resulting in an estimated annual reduction in CO2 emissions of 400 tonnes, while also bringing additional process capability to support future product developments, the company says. Permali also plans to upgrade the factory lighting to energy-efficient LEDs, resulting in a reported further 27 tonne reduction in CO2 emissions.
The company has also installed a new manufacturing line for its Tuftane thermoplastic polyurethane (TPU) film business unit. This new line will increase production capacity by 50% and also help broaden the company's range of products and capabilities.
This investment in the factory and production capability is in addition to a continued investment in research and development to develop new products, with the company re-investing over 6% of turnover in new product development.
‘This investment positions the company for major growth in the coming years, and will support some major new contracts that the company has won this year in a very competitive environment,’ said Permali's MD Colin MacAdam. ‘It will also help us bring to market some exciting new product developments.’
This story is reprinted from material from Permali, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
