Promens hf is an Icelandic holding company with primary interests in rigid plastics manufacturing. It is majority owned by Icelandic investment companies Horn Invest and The Enterprise Investment Fund. Promens' headquarters are in Kópavogur, Iceland. It has main business operations in Iceland and India. Promens operates 42 manufacturing in 19 countries, with 3800 employees, and total sales exceeding EUR 611 million in 2011. Promens traces its roots back to 1984 when a group of local investors in Dalvik, Iceland, established a company called Sæplast to manufacture insulated, double walled containers for the fishing and fish processing industries. After extensive adoption by the Icelandic fisheries industry, the company began exporting its products worldwide. In 1993, Sæplast won the President of Iceland's Export Award. The same year Sæplast was listed on the Icelandic Stock Exchange. More information...
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