Manufacturing Today Issue - 227 August 2024 | Page 109

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Colloids
We expect rapid expansion in North America , where developing products for a rapidly changing market presents significant opportunities
market growing now that our Houston facility is up and running . Moreover . we have a strong position in the Middle East and increasingly in Latin America and Southeast Asia ,” he adds .
Developing the global reach of the brand and diversifying its product portfolio through acquisitions has put Colloids in a position of strength , enabling it to overcome unexpected challenges . “ For instance , when the conflict in Ukraine made expansion into Russia untenable , we quickly pivoted to other markets in the region , with great success . This flexibility has been vital to our ongoing success ,” Russell unveils .
Looking to the future , Russell is optimistic about Colloids ’ prospects . “ We expect rapid expansion in North America , where developing products for a rapidly changing market presents significant opportunities . With access to affordable shale gas and improved infrastructure , the region is becoming more aligned with Western Europe . There are also numerous utility projects underway to replace outdated piping with modern , durable materials ,” he ends .
Thanks to its forward-thinking strategy , Colloids has successfully transformed into a truly global player , well-positioned to capitalize on new markets and future opportunities . ■
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