During the last six months Warwick Chemicals has made substantial progress in its growth and business improvement initiatives. With the backdrop of challenging market conditions, Warwick continued to grow volumes and improve manufacturing efficiencies. Significant praise has to go to the Warwick employees who have embraced the changes implemented in 2010 and focused on improving the business for all its stakeholders.
From a sales perspective, we have added 2 new high quality distributors in the fast growing regions of the Middle East and Russia. These companies, supported by Warwick's own sales and technical personnel will continue to drive sales expansion with the local companies in these regions. Additionally, we have strengthened our direct sales team with the appointment of Rudi Itoe who joins Warwick in May to focus on the relationship of selected global customers and developing our business in new areas of the world. We see emerging opportunities in numerous parts of the world, notably North America, Latin America and Asia where the performance of TAED linked to its strong environmental credentials can help companies improve their laundry and home care products.
Approval has also been given for a major upgrade to the Mostyn facility designed to lift Warwick from a high quality manufacturing company to one that sets the world standard in the 21st century for its category. This multi-million pound investment will include the introduction of new processing technologies, upgrade of control and storage systems and implementation of new safety systems. Once complete, the project known as Project Olympian, will improve process efficiencies, reduce energy usage and environmental impact and improve the inherent safety of the facility. This is an exciting development for Warwick Chemicals due for completion late in 2012.
We continue to make significant progress on our product development initiatives, which will open new opportunities for the business. In future updates, I will be able to give you some details of our new product programmes.
Over the last year, the business has been transformed with the new management team in place, a focused strategy developed and implemented for the manufacturing business and the distribution businesses disposed of. We expect Warwick to continue to grow and maintain and enhance its position as a leading and critical supplier to the fabric and home care industries.
Peter G Bradley
Chief Executive Officer
A team picked for their
expertise and
experience – leaders in their field with a clear
vision for the future.
Advanced technology
and a continuous
programme of R&D
maintain Warwick’s
status as world leader
in bleach activators.
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