Monotez S.A.
Monotez S.A.
The only company that produces EPS in Greece
MONOTEZ S.A. was founded in the early 1960s by Valamonte family. It initially produced only boards of Expanded Polystyrene used for thermal insulation of buildings. As from the early 1970s the company’s main activity switched to the production of Expandable Polystyrene, under the trademark Monocell®. Monotez is also producing General Purpose Polystyrene under the trademark Klarex®.
On the 6th of December 2012, MONOTEZ S.A. was sold to Ravago group. Being member of a healthy Group of Companies, MONOTEZ S.A. had the opportunity to grow and develop its activities in Europe.
MONOTEZ S.A. is the only company that produces EPS in Greece
It, therefore, holds a leading position in the Greek market. During the last years, the company has increasingly emphasized in export sales for further growth. This export strategy has resulted in strong presence of MONOTEZ S.A. in Central, Northern and Eastern Europe, as well as in the Mediterranean region.
MONOTEZ S.A. addresses to medium and large size companies producing and trading thermal insulation boards and packaging materials. In the normal course of business, MONOTEZ S.A. cooperates with many other companies to accommodate its needs. These include sourcing of specialized raw materials, transportation services, insurance companies etc. The headquarters of the company were relocated in 2018 to Maroussi Attikis, in Athens. The production plant is in the industrial zone of Inofyta, Viotia, about 50km north of Athens.
The main objective of the company is to maintain its rapid growth and to increase its market share, both nationally and internationally. For this purpose, the company implements a continuous investment plan regarding machinery and equipment, modern technologies, and personnel trainings. Strong emphasis is also given on environmental protection, energy saving, as well as on Health & Safety issues.