The clays extracted at the 11 quarries owned by UMG Holding have the characteristics needed to produce high-strength raw bodies suitable for the production of large-format ceramic tiles.
Due to their perfect flatness, extremely low weight and excellent physical and mechanical properties, Laminam largesize ceramic panels are widely used in architecture and interior design.
The value of production rose by 11% to 182.6 million euros; consolidated EBITDA rose by 52%, to 17.3 million euros. Overall consolidated net profits almost doubled to 7.3 million euros.
These innovative and complementary additives are used in the digital decoration of ceramic tiles to extend the range of decorations that can be performed.
The loan will be used to finance R&D projects in Italy through to 2018 as part of a programme to promote innovative processes in the ceramic and packaging industry.
I.C.F. & Welko has developed an innovative solution with controlled cooling capable of eliminating surface and internal stresses, thereby guaranteeing maximum workability of the panels.