Exhibitor interview: Mine Colours
Next up on our exhibitor interview series, we catch up with Onur Ege Onar, Managing Partner from Mine Colours Inc.
Mine Colours is a well-established company with over a decade of experience in the manufacturing of color concentrates and additives, based in Ankara, Turkey. Their core expertise lies in producing high-quality color concentrates and a wide range of additives that cater to various industries and applications.
What do you think sets your company apart from your competitors?
What sets us apart is our commitment to customization and innovation. We excel in providing tailored solutions, including custom compounding and precise color matching, to meet the unique needs of our clients. Additionally, we offer tailor-made additives designed to enhance the performance and characteristics of polymers in diverse applications.
At Mine Colours, we're not just a manufacturing company; we're also dedicated to advancing the field of polymer research and development. We constantly strive to push the boundaries of what's possible, working on innovative solutions and staying at the forefront of technology.
Are there any new technology developments that your company is working on at the moment?
At Mine Colours, we're committed to staying at the forefront of technological advancements in the plastics industry. While I can't provide extensive details about ongoing projects due to confidentiality, I can share that we are actively exploring cutting-edge materials like graphene to develop innovative additives.
What are the biggest challenges facing the industry today and how can this be overcome?
Intense competition and rising costs of raw materials, energy, and labor can squeeze profit margins. We will continue to seek cost optimization opportunities through process improvements, automation, and lean manufacturing practices. Explore strategic pricing and value-added services.
Economic fluctuations and uncertainties can impact demand and market dynamics. Thus, diversifying your customer base and exploring new markets or sectors can allow Mine Colours to maintain financial flexibility to weather economic downturns.
How do you see the sector developing in the next five to ten years?
Technology will continue to play a significant role in the sector's development. This could include advancements in manufacturing processes, materials, and automation. Businesses that embrace digital transformation, such as Industry 4.0, are likely to gain a competitive edge.
There's also a growing emphasis on sustainability and environmental responsibility across industries. Companies in the sector may need to adapt by developing eco-friendly products, reducing waste, and adopting more sustainable manufacturing practices.
What are you most looking forward to at this years’ show?
I'm eagerly anticipating this year's show for the opportunity to connect with industry experts, discover the latest innovations, and gain insights into emerging trends. It's a fantastic platform for networking and staying updated on what's shaping our industry's future. I look forward to engaging discussions, new partnerships, and the chance to explore groundbreaking technologies and products.
Mine Colours are exhibiting at the Compounding World Expo North America 2023