Industrie Chimiche Forestali S.p.A.

Industrie Chimiche Forestali S.p.A. produces fabrics for tips and counters as well as adhesives for the footwear and upholstered furniture industries.

Forestali Company produces: polychloroprene adhesives, polyurethane adhesives, water-based adhesives, hot melt adhesives.

For what concerns the fabric production (that means special products used in the footwear industry such as tips, counters, shoe linings and reinforcements made by subjecting basic fabrics to special treatments) the manufacturing process involves various different stages such as impregnation, holt melt sizing, powder sizing and co-extrusion.

ICF exports around 70% of its products worldwide, from the Americas to the Far East and from Russia to South Africa.

The first eleven months of 2017 ended with revenues of approximately 72.9 million euros, a gross operating margin (EBITDA) of approximately 9 million euros and an adjusted net profit of approximately 4.4 million euros.