Picanol

Picanol nv, a diversified industrial group founded in 1936 and based in Ieper, Belgium, conducts extensive operations both domestically and across international markets. As a subsidiary of Artela NV, its activities span numerous sectors, including mechanical engineering, agriculture, food processing, energy generation, water management, natural resources, and other industrial ventures. The company organizes its broad scope of work into five distinct segments: 1. Machines & Technologies: This division focuses on the design, production, and sale of weaving machinery and various industrial goods. It also provides specialized services in foundry operations, mechanical finishing, and electronics development. 2. Agro: This segment is dedicated to manufacturing, trading, and distributing vital agricultural inputs like liquid crop and potassium sulfate fertilizers, along with a range of crop protection products. 3. Bio-valorization: Through this segment, Picanol produces and commercializes gelatins, collagen peptides, proteins, and fats. 4. Industrial Solutions: This division handles the manufacturing and distribution of plastic pipe systems, chemicals for water treatment, and a variety of auxiliary products for mining and other industrial applications. 5. T-Power: This segment operates a 425 MW combined cycle gas turbine facility, dedicated to electricity generation.