Leading manufacturer of specialized polyolefin cross-linkable compounds for the wire, cable and pipe industries, Finproject S.p.A (earlier Padanaplast), is leading the way to technological advancements with Industry 4.0. Padanaplast was acquired by Finproject S.p.A in 2017, a company with international reach and a vertically integrated structure consisting of nine operating and production units in Italy and worldwide. The company is expecting robust growth in future, parallel to the progress of the wire and cable industry. This was revealed by Mr. Davide Vavassori, Business Manager, Finproject S.p.A, during his recent interaction with the Wire & Cable India.

Leading the Way
Since the beginning, the wire and cable industry has been looking for specialized technological products. Finproject S.p.A being a technically sound company backed by professionals from the polymer field, decided to develop products to meet the critical demands of this industry. We have been providing value-driven solutions to our customers for more than five decades now. We develop products after understanding the market needs and the specific requirements of our clients. The focus of Finproject S.p.A is on delivering value to the customers in terms of performance, lifelong service, ease of processing and higher productivity.

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Technological Advancements
Finproject S.p.A invests heavily in the best manufacturing equipment, machines and testing facility. This ensures that we have no issues related to the inconsistency of a product performance. We use best-in-class technology to manufacture high-quality products. Our company follows the Industry 4.0 approach. We have a very strong quality management process and certifications such as ISO 9001, ISO 14001, ISO 45001 to ensure the highest technical advancement and good quality of our products.

Market Footprint
We are supplying our products to the leading cable manufacturers globally. Our target markets are always specialty cables in sectors such as renewable energy, electrical mobility, railways, electronics, mass transportation, building and gas. All our products are designed to comply with the latest European regulations, such as ROHS and REACH. We are focusing our new developments on sustainability. We expect robust market growth and have aligned ourselves in such a way that we walk the progress path parallel to the industry.

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Raw Materials: Sourcing and Challenges
We are partially integrated with some domestic raw materials and majorly source raw material from Europe. Due to Finproject S.p.A’s commitment towards sustainability, safety and environment; being competitive has become a major challenge.