Crete Plastics SA (03N1) Price & Analysis

Established in Heraklion, Greece in 1970, Plastika Kritis S.A. is a prominent manufacturer and global supplier of masterbatches and agricultural films. The company offers a comprehensive selection of masterbatches, including color, white, black, UV-stabilizing, additive, and filler types. Their specialized range extends to compounds for garden furniture, masterbatches for PVC cables and synthetic fibers, bespoke multi-functional blends, single pigment concentrates, as well as masterbatches suitable for polylactide and biodegradable or photo-oxo degradable applications. For the agricultural sector, Plastika Kritis provides multi-layer films specifically designed for various uses such as greenhouse coverings, low tunnels, mulching, soil disinfection, energy screening, silage and grain storage, farm and animal buildings, and pond lining. Furthermore, they produce geomembranes, offering flexible liners made from HDPE, LDPE, LLDPE, EVA, and fPP. These are crucial for a wide array of environmental and civil engineering projects, including landfill lining and capping, wastewater treatment reservoirs, artificial water reservoirs, irrigation canals, agriculture, aquaculture, tunnels, earth dams, underground insulation, mining, and evaporation basins. Their product portfolio also features polyethylene pipes for irrigation, potable water supply, cable protection in telecommunications, and natural gas distribution, alongside a range of recycled plastics. Beyond its core plastics operations, Plastika Kritis is committed to renewable energy, owning and operating a 12 MW wind park and four photovoltaic stations with a combined capacity of 340 KW. Serving the plastics manufacturing industry, horticultural and agricultural markets, and various water management and environmental protection projects, Plastika Kritis distributes its products to approximately 70 countries worldwide.