A West Yorkshire polymer manufacture is eyeing up further international expansion into new markets including Bolivia, French Guiana and Namibia after securing a multi-million-pound finance package.<\/p>\n
Rosehill Polymers has also opened a new manufacturing facility at its Sowerby Bridge headquarters with the trade finance from UK Export Finance (UKEF) and Virgin Money. Rosehill is also planning fund apprenticeships and university placements to grow it future manufacturing workforce.<\/p>\n
Founded in 1988, Rosehill produces polymer systems using recycled rubber, with applications across infrastructure, transport, energy, and security sectors.<\/p>\n
The financing has enabled Rosehill to scale operations and break into nine new markets\u00a0in the past year, including Chile, Turkey, South Africa, and Saudi Arabia.<\/p>\n
Further expansion into Argentina, Bolivia, Panama, Suriname, French Guiana, Namibia, Malaysia, Croatia, Latvia, and Singapore is planned this year.<\/p>\n
With around 100 staff based at its West Yorkshire site, including in-house chemists and technical specialists, Rosehill continues to invest in skills through apprenticeships and university placements – ensuring a strong foundation for the future.<\/p>\n
\u00a0<\/strong>Alexander Celik, CEO at Rosehill Polymers Group said: \u201cRosehill has an established history of exporting our products to several developed key markets. However, as competition within the sector increases, it is more important than ever to mirror this success elsewhere. Working with UKEF has not only enabled us to tap into the potential held within Latin America, Southeast Asia and Europe, but also expand our innovative product offering to even more customers worldwide.<\/p>\n \u201cAs we enter this next exciting phase of growth, our attention turns to meeting global demand, all while providing opportunities for people across Yorkshire. Our apprenticeship and placement schemes lay at the heart of what we do, and as we expand our overseas footprint, we hope to see this result in increased opportunities to attract the best talent to the industry.\u201d<\/p>\n Alissia Deane, West Yorkshire Export Finance Manager at UKEF said: \u201cThe support provided to Rosehill Polymers highlights UKEF\u2019s commitment to helping British SMEs achieve growth in overseas markets \u2013 something which in turn supports economic growth across the UK.<\/p>\n \u201cIt\u2019s fantastic to see how our support ended up helping Rosehill to reach new export markets and develop jobs and talent in the local manufacturing industry.\u201d<\/p>\n Craig Wilson, head of FX sales & trade finance at Virgin Money added: \u201cRosehill are fabulous example of a successful and innovative UK manufacturing business growing their customer base through the world, and in the process growing their workforce locally.<\/p>\n \u201cWe are proud to be a key partner of Rosehill and provide some of the international tools and expertise to help them to continue to grow their already impressive international success.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Rosehill Polymers is looking to enter Bolivia, French Guiana and Namibia after securing a multi-million-pound finance package.<\/p>\n","protected":false},"author":271992,"featured_media":2137410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"coauthors":[137100],"class_list":["post-2137409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-west-yorkshire","tag-yorkshire"],"yoast_head":"\n