RadiciGroup - Sustainability report 2017 - English

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Polyamide monomers from renewable sources. Polyamides from renewable sources and their derivatives in the field of fibres and plastics. Long chain polyamides in the Performance Plastics Business Area. Metal Replacement materials for the automotive sector. Polyamide staple fibres for technical applications Copolyamides and semi-aromatic polyamides.

A TRADITION IS RENEWED: THE RADICIGROUP PERFORMANCE PLASTICS BUSINESS AREA REWARDED FOR THE EXCELLENCE OF ITS PRODUCTS. After the large number of awards received over time, Radici Novacips Spa, a company belonging to the RadiciGroup Performance Plastics Business Area, won an award recognising its reliability, ability to innovate, closeness to the customer and the global dimension again in April 2017. It was the prestigious “Supplier of the Year 2016” award promoted by STIHL, an important customer company manufacturing chain saws and other tools for outside use including brush cutters, lawn mowers and leaf blowers. In the current scenario Radici Novacips plays a key role in the development of new solutions in the plastics field and is the strategic partner of its customers, as emphasised by STIHL. The German company then backed up its choice by indicating that the award was intended to be a recognition for RadiciGroup’s enthusiasm, patience and strong motivation in the provision of innovative engineering plastics and quality.

As evidence of the correct R&D strategy and the relationship with Customers put in place, the trends of all business areas shown in this Report are testimony to the growth of the Group. In consideration, however, of an international scenario that poses a large number of critical issues, careful monitoring of market trends and the customer performance was carried out by RadiciGroup in 2017 as well, similarly to what occurs in the case of Suppliers. The credit risk, linked to possible delinquencies, has been managed as usual by the Credit Management function of the holding company Radici Partecipazioni S.p.A. , which is constantly carrying out preventive solvency analysis together with a continuous monitoring of the flow of payments, as also shown in the table relating to the “Mapping of Stakeholders, legitimate expectations and risks” Table 19.

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