SIA CrossChem publishes its audited annual report for 2022.

“In 2023, the company will focus on increasing efficiency, modernizing and automating processes by investing in infrastructure and team composition to ensure the fastest and strongest growth after the situation in the world will stabilize again. The plan is to retain turnover at the level of 2022 while keeping the EBITDA margin within a 6%-7% range,” says Ričards Andersons, Chairman of the Management Board of CrossChem.

SIA CrossChem is a 100% Latvian capital company, which is part of the CrossChem International group – a chain of worldwide chemical product producers and distributors. The basis of the business is the production of sustainable and environmentally friendly products, which, by combining global experience, allows to reduce costs and increase competitiveness. The company produces AdBlue®, AUS40®, liquid fertilizers and automotive products and in parallel provides a range of services related to these products.