Our main products are plastic sleeves, plastic pipes, compounder raw materials and product development projects with our customers. Most of our production goes to the domestic plastics industry. We export to Denmark and Sweden.
Our product range is extensive and we have a wide variety of sizes and designs. If you can't find what you are looking for in our range, we can make it for you to order. Our plastic sleeves are made from 100% recycled raw materials.
We also provide our customers with compounding, raw materials and increasingly use industrial side streams in our composting process. We have many years of solid experience and know-how in the performance of different raw materials in the production of plastic pipes and sleeves.
We are currently investing heavily in product development. Our aim is to develop completely new types of raw materials for industrial use. We currently have several new and more environmentally friendly raw materials in the product development phase, in which we use industrial side streams. Our new modern laboratory was completed in autumn 2016, which will allow us to monitor quality even more accurately than before.
FL Pipe's product development and quality control measurements are carried out in our new modern laboratory. The laboratory was built in autumn 2016 and all our measuring equipment was replaced at the same time. We now have the most efficient and reliable equipment on the market. As a result, our quality control measurements are even more accurate than before.
The most significant investment we have made in recent years is the purchase in 2015 of a 2-screw compounder for processing plastics, elastomers and composites. The machine's capacity allows it to supply both small and large batches of raw materials to the plastics industry, both on the domestic and export markets. All process steps and parameters of our plastic composites manufacturing equipment are fully computer-controlled.
We started our product development work on composite raw materials in early 2016 and thanks to several trial runs and tests, we are now able to supply our customers with CaCO3+PP or CaCO3+PE raw materials with up to 80% fill rate. We are therefore offering our customers savings on raw materials and in some tests the properties of the final products have even improved.
We want to be involved in developing new products and new opportunities for ourselves and others.
We are currently involved in several product development projects. For example, there are ongoing joint product development projects between VTT and several companies, with the aim of utilising industrial side streams in the production of plastics raw materials and creating completely new and more ecological raw materials for industrial use. Green values are becoming increasingly important in the Western world, so we believe that if these product development projects are successful, we have the potential to expand our activities into global markets.
Another very interesting and worth mentioning product development project is significantly further along. The aim is to replace hard metal products with plastic products. The advantages of plastic are its longevity and durability. If the project is successful, it will mean significant cost savings for our partner thanks to reduced repair costs.