Cabopol Polymer Compounds (Cabopol), a Portuguese supplier of thermoplastic and crosslinked compounds, announced that it is expanding its global presence with a new production unit in Monterrey, Mexico.

A company spokesman said that the new plant, which will cover some 10,000 sq m, is located in the heart of Monterrey’s industrial zone. It is expected to be operational by year’s end, at which time it will represent the company’s first compounding production in the Americas.

A press release said that the plant will use the latest technology and equipment to produce high-quality polymer compounds at a competitive cost. It will start with two production lines with annual capacity of 25,000 tons and be able to expand that to meet its commitment to growth and innovation in the polymer industry.

The new production unit will initially focus on supplying compounds for the wire and cable industry, with a specific emphasis on serving the automotive sector. The new capacity will improve supply chain efficiency and reduce lead times for customers in the Mexican and American markets. Future plans include expanding offerings to provide solutions for a broader range of industries. “In the first stage, we will supply Mexican clients, but we are looking forward to develop the market all along South and Northern American potential customers.”

The press release said that this initiative “will pave the way for our expansion in this region.” It notes that it follows the successful operations of company production units in Serbia, Morocco and Portugal. Cabopol Sales Director Anselmo Mendes said that the Monterrey plant “marks a pivotal moment for (us). ... We are excited to better serve our customers and contribute to the growth of the local economy.”