Expanding the activities of "Capricorn Chemicals Group" Ltd. through investment in innovative equipment

"Capricorn Chemicals Group" Ltd. is a leading manufacturer of various types of cleaning, disinfecting and sanitation products and liquid and solid laundry detergents of high quality. We realize our business mainly on the Bulgarian market, but during the last year we started targeting the foreign markets by exporting out products to Finland, realizing an export in the amount of 859 643.41 BGN. Our company has always persisted in offering products of high quality and produced in a high-tech method with care for the nature. In the formation of our product range, we always strive to meet the market demands and the customers' needs. With respect to that, after detailed studies of the Bulgarian and other foreign markets, we identified the production of water-soluble capsules with liquid and powder detergents, as a niche market in which we can develop successfully. To diversify our product range with this type of product, we need a thermoforming packaging machine for packaging liquid or powdered chemicals in water-soluble (PVA) capsules. Water-soluble capsules attract the interest of many customers, as they are widely used in both households and businesses. Although our enterprise has stable market positions, we meet a number of difficulties that do not allow us to increase our market share at national and European level. These difficulties are related to the lack of sufficient financial resources to invest in additional technological equipment. By implementing this project, we will meet market expectations, improve the financial performance of the enterprise, overcome the competition and increase our export revenues. The implementation of the present project proposal will give a strong impetus to our development and improve our financial and economic indicators and will allow us to expand significantly our export potential and export share.

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