- CEO
- Michail I. Lempidakis
- Full Time Employees
- 1,274
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- P Street Iraklion GM Greece 71601
- IPO Date
- May 13, 1999
- Business
- Plastika Kritis S.A. (PLAKR.AT) manufactures specialized plastic products for agriculture, industry, water management, and environmental applications; its core offerings include KRITILEN masterbatches as color and additive concentrates for the plastics sector, KRITIFIL agricultural films encompassing greenhouse coverings, mulching, and silage solutions, KRITIFLEX geomembranes for reservoirs, landfills, and environmental protection, KRITISOL polyethylene pipes for irrigation, water supply, and telecommunications networks, KRITISAN recycled plastics as raw materials, and KRITIRES renewable energy through a 12 MW wind park and 2.34 MW photovoltaic stations in Greece. Founded in 1970 and headquartered in the Industrial Zone of Heraklion, Crete, Greece, the company lists on the Athens Stock Exchange since 1999 and operates 10 production plants across seven countries including subsidiaries such as Romcolor 2000 SA (99.99%) in Romania, Global Colors Polska S.A. (100%) in Poland, Agripolyane S.A.S.U. (100%) in France, Senkroma A.S. (100%) in Turkey, Global Colors LLC (100%) in Russia, Shanghai Hitec Plastics Co. (75%) and Anhui Hitec Plastics Co. (100%) in China; it exports to over 90 countries worldwide, serving horticultural, agricultural, plastics processing, construction, telecommunications, and waste management markets with a focus on sustainability via circular economy practices, vertically integrated production, and Global Colors branded masterbatches network. Recent developments feature the 2022 launch of a second production plant in China's Anhui province by subsidiary Anhui Hitec Plastics for agricultural films and masterbatches to meet rising demand, ongoing expansion of masterbatch capacity at group facilities, a 2025 lineup of innovative greenhouse films including Suncooler for hot-climate cooling, Polydispersive for ultra-high light diffusion over 90% transmission, EVO AC AR anti-reflective films, and CHAMELEON adaptive diffusion films tailored to light and humidity conditions, founding membership in the THALES Energy Community in Heraklion for renewable energy distribution to employees and vulnerable groups generating 3,129 MWh in 2023 exceeding consumption needs, and sustained investments in R&D, recycling with 1,747 tons processed in 2023, and ESG initiatives like double materiality assessment and supplier ESG criteria by 2029 amid 2024 financials reflecting EUR 372 million turnover, EUR 62.8 million EBITDA, and 57.6% renewable energy usage.