CONSOLIDATION OF BRAZILIAN SITES COMPLETED

Grand opening with new Managing Director

ACTEGA has announced that the consolidation of its three Brazilian sites into a new 22,500 square meter facility in Araçariguama, São Paulo, is now officially complete. This state-of-the-art production and R&D site is the result of a major investment of $7 million and will cement ACTEGA's position as an industry leader. The new facility was officially opened at the beginning of October with the new Managing Director.

In 2019, ACTEGA merged the administration, production, and R&D activities of its two Brazilian sites in Guarulhos and Barueri into the new site in Araçariguama. With an investment of around $2 million and a total area of 12,000 square meters at that time, the new location had explicitly invested in new high-performance dispersion units for the printing ink production and corresponding equipment for the production of water-based coatings. ACTEGA do Brasil thus became the largest production site for oil-based printing inks and water-based coatings in South America, particularly serving customers in the metal packaging and paper and board markets.

While the existing building was subsequently expanded once again to accommodate and strengthen the sealants business for two- and three-piece cans, ACTEGA's third Brazilian site in Santana de Parnaíba has now also been integrated into the new location. This represents a capacity expansion of another 10,500 square meters. These additional investments account for $5 million and make ACTEGA the largest manufacturer of specialty UV and solvent-based coatings as well as sealants in Brazil for the packaging industry. This step completes the major project and the overall investment. The new facility in Araçariguama has now been officially opened.

Furthermore, ACTEGA has appointed a new Managing Director of ACTEGA do Brasil, effective October 2023.

Ronaldo Begnossi, an experienced industrial leader with a Chemical Production Engineering degree and an Executive MBA in Industrial Management, has been appointed to the position. With a career spanning 25 years, Ronaldo brings extensive strategic, managerial, and board experience to ACTEGA do Brasil.

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