PTi Targets Southeast Asia and India as Key Growth Markets for Sheet Extrusion Systems
PTi - Processing Technologies International, LLC.
2655 White Oak Circle
Aurora, IL, 60502
Press release date: January 7, 2013
New Sales Agents Give PTi Strong Presence in High-Growth Emerging Regions
AURORA, Ill.- Processing Technologies International (PTi), a leading global manufacturer of high-performance sheet extrusion machinery, has identified Southeast Asia and India as key growth markets for its machinery and named two leading manufacturers' representatives to serve its interests in those regions. Kenda Technologies Pte Ltd., based in Singapore, will serve as a sales agent for PTi's broad range of sheet extrusion systems in Southeast Asia while Shruti International, based in Mumbai, India, will handle sales efforts in India. Both will sell PTi's broad range of monolayer and coextrusion barrier sheet line systems for the packaging industry.
With PTi machinery in 24 countries, the appointments are a key part of the company's aggressive global growth strategy and expand its presence in those two critical growth markets, according to Christopher Curtin, vice president of international sales. "We're excited about joining forces with two of the region's leading machine sales representatives to help position us for future growth," said Curtin. "Both these sales agents bring many years of valuable experience in their respective regions."
Shruti International, led by owner Bharat Muchhala, represents U.S. and European manufacturers and sells machinery and support equipment to Indian packaging companies. Muchhala is an experienced sales agent and has a strong network of contacts in the extrusion and packaging markets.
Meanwhile, Kenda Technologies will sell PTi's broad range of extrusion equipment in Singapore, Indonesia, Thailand, Philippines, Malaysia, and Vietnam. The company, founded in 1978, specializes in the distribution and design of automation, testing and measurement, and custom instrumentation equipment. The company has also been heavily focused on the sheet extrusion business, particularly online gauging systems for the last 20 years. Kenda has branch offices in Malaysia, Indonesia, Thailand, and the Philippines.
Both companies will sell PTi's full complement of sheet extrusion machinery and provide a full range of support including technical service.
The two appointments are a key step forward for PTi in targeting key growth markets. As part of its growth strategy, PTi will continue to evaluate opportunities in other global regions and explore other partnerships as necessary, according to Curtin. "We have an ambitious program underway to expand globally and introduce our innovative technologies to new customers," he added.
About Processing Technologies International LLC (PTi)
Processing Technologies International LLC, based in Aurora, Ill., is a leading global manufacturer of high-performance sheet extrusion machinery, serving more than 20 countries. Established in 1988, PTi produces and services single-screw extrusion equipment for many end-use markets including packaging, construction, automotive, lawn and garden, office products, signage and displays, and appliances. PTi's extrusion systems are engineered to exacting standards and offer an exceptional range of design features which result in superior equipment performance. More information is available by calling (630) 585-5800 or visit www.ptiextruders.com.
(630) 585-5800 Ext. 119