Poly Delta estimates 20% increase for 2007

Varnish and paint producer Poly Delta Chemicals, a Romanian-Dutch company, estimates a turnover worth approximately 6 million euros for this year, up 20% on last year, due to the favourable weather conditions and to investments on the real estate market. “The rise seen in the first half of the year was prompted by favourable weather conditions in the first quarter of the year, as well as the development of the real estate sector,” said Tudor Voinescu, general manager of Poly Delta Chemicals, and one of the company’s shareholders. “Products utilised in the industrial sector account for around 80% of the company’s sales. One reason for this figure would be that sales in the industrial sector are not dependent on marketing methods in mass media,” added Voinescu. The main clients of Poly Delta Chemicals for industrial products are companies in the petroleum sector, the pipe industry, rolling stock manufacturing industry, shipbuilding and companies in the steel industry.