ColorMatrix Europe celebrates Queens Award success for export achievement

ColorMatrix Europe Ltd has been honoured for the third time as a recipient of a Queen's Award for Enterprise in the International Trade category.

Since its establishment in 1993, the company, part of US-based ColorMatrix Group Inc., has grown at an impressive rate and now sells over 90% of its liquid colorant and additive technologies outside of the UK to more than 50 countries worldwide.

Much of this growth has come through its new colorants and process improvement additives in the beverage packaging sector in developing economies particularly in Eastern Europe.

As true innovators in liquid dispersion technologies the company believes its success is, in part, due to maintaining a strong entrepreneurial spirit which has helped to drive innovation and new product developments and enable it to become a leader in its field rather than a follower.

On a strategic level, the company's Managing Director, William Ravenna believes that a key factor to their success is all about "focus".

He explains: "By following a carefully planned strategy of specifically targeting markets where we know our specialist technologies are able to add real value, we have been able to develop a deep understanding of our customer requirements. By working in close partnership with them, we have been able to develop customised solutions that have allowed them to make a shift change in their production processes."

The company is clearly proud of its dedicated team of professionals that have supported this strategy and played an important part in the company's achievement. As well as a talented R&D team, ColorMatrix Europe's international customer service and sales teams, in most cases, are able to speak to customers in their own language. This has also clearly made a significant impact on their success.

This recent award is the company's 4th Queens Award in total having won an Award for Innovation in 2002. With a host of novel technologies in the pipeline for 2009/10, ColorMatrix is looking forward to the prospect of adding another Innovation award to its growing portfolio for next year.

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Editor's Notes:

ColorMatrix Europe Ltd is based in Knowsley, Merseyside, UK and has production and technical centres in both Knowsley and Eindhoven, in the Netherlands. The company has also recently opened a commercial facility in Moscow.

ColorMatrix Europe is part of US based ColorMatrix Group Inc., innovators of advanced colorant, additive and dosing technologies for the plastics industry. As a group, the company takes a holistic, total package approach to help its customers maximise their production efficiencies and improve both the performance and aesthetics of their products. The company was founded in 1972 in Cleveland, Ohio and today employs over 250 personnel globally. The company has research, manufacturing and technical support facilities in Europe, North America, Latin America, and Asia.
For further details please go to: www.colormatrix.com

For press enquiries please contact:
Morag Girdwood
Global Brand Development Manager, ColorMatrix Group Inc.
Tel: +44 7890 563137
Fax: +44 151 548 3800
Email: morag.girdwood@colormatrix.co.uk