Celebration! The Opening Ceremony of CONSTAB CN New Plant

Congratulations on the successful opening ceremony of the new plant of Suzhou Constab Engineering Plastics Co., LTD.

Suzhou Constab Engineering Plastics Co., LTD. (CONSTAB CN) successfully held the opening ceremony on May 5^th after successfully completing the construction of the new plant. The opening ceremony attracted attention from all walks of life, and a lot of guests came to the scene to witness this historic moment.

Founded in 1973, Kafrit Group (Kafrit Group) is one of the world's top three masterbatch manufacturers and the world's leading professional manufacturer of plastic functional masterbatches and compounds. The Group has manufacturing factories, R&D and product compatibility centers in Israel, China, Germany, Sweden, Canada, the United States and other places, and its products are sold in Europe, Asia, the Americas, the Middle East and Africa.

CONSTAB CN new plant is located at No. 999 Pangjin Road, Wujiang Economic and Technological Development Zone, covering an area of 35 mu with a construction area of 22,000 square meters. The project integrates production and R&D, currently has 8 high-efficient and advanced automated production lines of PEX and masterbatch. In the future it will eventually complete the construction of 12 to 14 modern production lines. It focuses on development and production of the world's leading high-quality polyolefin masterbatch and its compounds, and PEX pipeline silane crosslinked polyethylene materials. After the new plant is put into operation, the capacity will reach more than 60,000 tons each year.

The opening ceremony of CONSTAB CN new plant has received high attention and great support from leaders at all levels and friends from all walks of life. Mr. Itzick Sharir, Chairman of the Kafrit Group, Mr. Daniel Singer, CEO of the Kafrit Group, Mr. Moody Pruss, Chief Financial Officer of the Kafrit Group, Mr. Alon Kessler, General Manager of Kafrit Industries, Mr. Juan Castaneda, General Manager of Polyfil, and other distinguished guests attended the event.

Mr. Yishai Nachmani, General Manager of CONSTAB CN, specially invited Mr. Li Wenbin, Standing Committee Member of Wujiang District Party Committee, Deputy Secretary of the Party Working Committee of Wujiang Development Zone, Deputy Director of the Management Committee, and Mr. Chen Jianzhong, Deputy governor of Wujiang District and other relevant government departments to visit and guide.

At the same time, we also sincerely invited some important customers and partners who have grown with us all the way over the years to join together, and whose support and trust have established CONSTAB CN today.

Their arrival fully affirmed CONSTAB CN's unremitting efforts and excellent results in the construction of the new plant, and also injected new momentum and confidence into the future development of the company.

Mr. Itzick Sharir, Chairman of Kafrit Group, Mr. Yishai Nachmani, General Manager of Constamp China, and Mr. Li Wenbin, Standing Committee Member of Wujiang District Party Committee, Deputy Secretary of the Party Working Committee and deputy Director of the Management Committee of Wujiang Development Zone respectively delivered warm speeches.

Chairman Itzick Sharir thanked the company's management team and all employees for their hard work. He said that the new CONSTAB CN plant project is the most important achievement of the Kafrit Group rencently, and on behalf of the shareholders, board members, group management and the Group's global companies, he wished the new plant a smooth handover and rapid growth in the coming years.

General Manager Yishai Nachmani expressed his deep gratitude to the leaders of Wujiang District and Wujiang Development Zone for their cooperation and support in the project. Sincere respect to our customers and partners who have supported us over the years. The opening of the new factory in CONSTAB CN demonstrates the firm commitment of the Kafrit Group to build the future together with our employees, communities, customers, suppliers and shareholders.

In his speech, Deputy Secretary Li Wenbin expressed warm congratulations on the opening of the CONSTAB CN new plant. Wujiang Development Zone will, as always, support CONSTAB CN development in the local area and provide high-quality services and comprehensive guarantees for enterprises.

Subsequently, the leaders jointly held a putter ceremony to announce the official opening of the CONSTAB CN new plant.

Chairman Itzick Sharir, CEO Daniel Singer and General Manager Yishai Nachmani invited Deputy Secretary Li Wenbin and Deputy District Governor Chen Jianzhong to plant the olive tree, which is Israel's "national tree" with the meaning of peace, in the new plant. And led the guests to visit the new intelligent automation plant.

Under the leadership of the Israeli management, the technical support of Germany and the full cooperation and hard work of the Chinese staff, CONSTAB CN has been making continuous efforts to provide customers with high-quality products and services, and has been highly supported and recognized by customers.

Investing in this new plant is a major decision for CONSTAB CN, an important milestone in the development of CONSTAB CN, the result of the desire and hard work of all employees for many years, and the result of the trust placed in us by the market and customers. After more than four years of diligent pursuit, the new plant was finally put into operation under the common witness of everyone.

CONSTAB CN always adheres to the business philosophy of quality, safety, health and environmental protection, and provides our customers with better products and services. At the same time, we will continue to adhere to the "people-oriented" management philosophy, providing employees with a broader development space and a better working environment.

After many years of cooperation, we have today's new factory. Here, our future will continue to grow. The new plant is built for the future, taking into account the sustainability of the development, the safety of the community, the efficiency of the work and the health of the environment.

This is our home, a home that supports us, a home where we can see a better future. We are here to stay in close contact with our operating company and continue to work side by side with our loyal and talented employees!

Let’s work together for the future!