Foodcom expands its offer with more chemical raw materials
The chemical industry in Poland is gaining more and more attention every year as a key sector for the development of the whole economy. Foodcom S.A. has recognized the growing potential of this market and is expanding its portfolio to include more chemical industry products.
The chemical sector is one of the four main business areas of Foodcom S.A., which started its market presence with businesses in the dairy and vegetable industries. Over the years, the range has expanded to include food additives, vitamins or feed. In the first half of 2023, the company also saw dynamic growth in the FMCG sector. Now chemical raw materials used in the production of paints, varnishes, inks or detergents, among others, are added to the list of the company’s trade offers.
„Thanks to our experience in the trade sector and in-depth knowledge of the chemical market, we are able to effectively respond to the changing trends in the market and the expectations of customers, whose requests for raw materials in this industry are constantly increasing. Expanding our portfolio and setting new directions for expansion is therefore a natural step towards developing our company and expanding its reach, both in terms of our offer and foreign markets,” says Łukasz Klażynski, Partner at Foodcom S.A.
Growth in the chemical industry
The last decade shows that the chemical industry is one of the fastest growing sectors of the Polish market. The average annual growth rate of the chemical sector’s turnover between 2009 and 2021 is 4.9%, according to the CSO. In 2021, chemical industry sales will reach PLN 341.3 billion, accounting for 16.9% of the country’s total industrial output (compared to 2020, this represents an increase of about 39%).
Broken down by the main segments of this market, the products with the highest value of sold production include rubber and plastic products (PLN 125.6 billion), fuels and refined petroleum products (PLN 69.2 billion), chemicals and chemical products (PLN 54.2 billion), and pharmaceuticals (PLN 27.5 billion).
„Many industries would not function if they were not supplied with raw materials and semi-finished products by the chemical industry. Chemical products are the basis for goods used in other sectors of the economy, i.e. food production, automotive industry, electronics, construction, as well as in everyday life,” adds Łukasz Klażynski.