Multiceras

Multiceras S.A. de C.V. is a Mexican Corporation specialized in design, fabrication and commercialization of natural, synthetic and petroleum waxes, as well as of related products for industrial applications.

The company has worked with great flexibility for adapting to the changing market conditions through time. Being a company born for exporting beeswax and Candelilla wax, it handles nowadays a portfolio integrated by more than 60 different products, commercialized in more than 20 diverse market sectors, both in Mexico and abroad.

Multiceras keeps a very strong export vocation, getting 40% of its income from the export sales, which are carried out throughout all planet regions.

Technological development has been one of the keystones for the company’s growth. Multiceras counts with a solid R & D infrastructure and forms continuously its human capital to face the ever-rising globalization challenges.

Experience gathered from three decades of active presence in the market enables Multiceras to position as an entity that is mature, dynamic and strongly committed to satisfying the customer specific needs.

Multiceras plant and corporate offices are located in Garcia, Nuevo Leon, 12 miles west from the city of Monterrey. The plant has a production capacity of 300 metric ton per day with modern equipment and facilities for processing high quality wax products.

History

Multiceras S.A. de C.V. was founded in 1978 by Noe Marmolejo, under the original trade name Baldini S.A. de C.V., in partnership with a wax company from the United States. The original company purpose was the export of beeswax and Candelilla wax to the United States and Europe. However, the need for a higher purity in these products, as well as the possibility of commercializing a wider variety of wax products in Mexico, led to a new business approach for the company.

In this manner, Baldini S.A. de C.V. became a manufacturing and commercialization company for natural, petroleum and synthetic waxes, as well as for the resins and polymers utilized in the wax blends that the company started to produce. The first industrial wax producing plant started operations in 1980, in the city of Saltillo-State of Coahuila.

In 1982 the Marmolejo family bought the total stock from Baldini S.A. de C.V., which then turned into a 100% Mexican corporation. Under the new management, the company defined a more aggressive business strategy in both the national and international markets. In order to facilitate all import-export transactions with the United States, a new branch was established in Brownsville, Texas, under the trade name Lang Inc.

In 1984 the Multiceras plant was relocated to the city of Santa Catarina-State of Nuevo Leon, where the plant would operate for a period of 8 years.

Due to the expansion in the company’s operations, in 1989 it was decided to organize two business units: Multiceras S.A. de C.V., specialized in the production and commercialization of wax products and Multiquim S.A. de C.V., specialized in importing and distributing chemical products to the cosmetic, pharmaceutical and food industries. Multiquim was established in Mexico City and operated successfully until year 2002, when it was sold to Noveon Inc.

In 1992 an industrial piece of land was acquired in the town of Garcia- State of Nuevo Leon, where the Multiceras plant and corporate offices were installed.

For strategic reasons, in January 2000, the wax bowl rings division was separated from Multiceras S.A. de C.V., creating a new independent business unit named Aztec Plumbing S.A. de C.V, serving the plumbing industry with diverse products and services, and with a strong orientation towards the United States export market.

In year 2004 Multiceras founded the Candelilla Institute, holding as main goal to improve, in an integral way, the value chain functions of Mexican Candelilla wax.