Press

Olikrom triples factory floor space to keep pace with LuminoKrom® growth

In response to strong growth in its business, Olikrom is investing 6 million euros in the expansion of its industrial site in Pessac. The company has acquired a 4,500 m² plot of land adjacent to its current site to create four new production lines. The aim is to triple industrial capacity in order to meet growing demand for LuminoKrom®, the photoluminescent paint developed by Olikrom. With sales doubling every year since 2019, this technology is winning over more and more local authorities who want to make night-time travel safer without resorting to street lighting.

 

Strategic investment to launch innovative new ranges

The site extension, supported by the City of Pessac, Bordeaux Métropole, CIC Sud-Ouest and Crédit Agricole d’Aquitaine, will also enable Olikrom to pre-industrialize several innovations currently under development. The new lines will be dedicated to products for healthcare (replacement of toxic components), luxury goods (high-performance materials), industrial safety (detection of corrosion, leaks, impacts) and anti-counterfeiting. The new site will be operational in 2024 and should enable the company to double its workforce within two years, consolidating its ambition to become an industrial leader in intelligent materials.