Viscofan SA - Company Profile
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Business Description
Viscofan SA (Viscofan) is a manufacturer and distributor of casings. The company carries out the production, distribution, and promotion of various casings and films used in the food industry. It also provides collagen-based food products and bioengineering, and generates electricity through co-generation systems for sale to external parties.. Viscofan operates through three reportable segments: Traditional Business, Energy, and New Business. The company had manufacturing facilities in Spain, Uruguay, Brazil, Mexico, the US, Canada, Belgium, Germany, Serbia, Czech Republic, China, Australia, and New Zealand.
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R&D Overview
The company focuses on the development of its products and technology. Viscofan operates a R&D facility in Spain. R&D projects aim at developing new products, improve functionalities in casings, enhance production alternatives, expand material range, and optimize existing processes while adhering to quality standards and cost-effectiveness. In FY2022, the company incurred expenses of EUR3.4 million on R&D, which as a percentage of revenue, stood at 0.3% and grew 17.0% YoY.
Other Break-up
Overview
Involves the production-related activities of the company. Operates cogeneration plants in Spain and Germany, which generate electricity. The primary objectives of this segment are to decrease the cost of electricity, maintain self-sufficiency, and reduce CO2 emissions. Also sells surplus electricity when available.
Performance
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Overview
Comprises the sales of plastic casings and other products and services that are beyond the scope of traditional casings. Segment represents the expansion and diversification efforts of Viscofan into new product offerings and markets.
Performance
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Overview
Manufactures, distributes, and markets various types of casings and films for food use. The casings are based on collagen, cellulosic, and fibrous technology.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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