LATI-LOXIM Thermoplastics Private Limited

Title: Chief Operating Officer: LATI – LOXIM Thermoplastics Private Ltd Location: Sanand, Gujarat Experience: 15 years in the engineering plastics/ related industry Education: Master’s degree in Plastics/Polymer Science, Engineering, Materials Science, or related field (required); MBA in Business Strategy, Operations, or Finance (preferred) About LATI - LOXIM 11 June 2025 – LATI S.p.A and LOXIM announced the creation of a strategic joint venture aimed at strengthening the presence of both companies in the Indian market for engineering plastics. This agreement follows the spin-off of LOXIM’s Engineering Compounds division and the formation of a new entity, LATI-LOXIM Thermoplastics Private Limited, jointly established by both companies. The new company will combine LATI's technological know-how, as a European (Italy) leader in high-performance techno polymers, with LOXIM's strong local presence, well-established position in the automotive and electrical markets, and extensive business network across India. LATI - LOXIM operates with an annual production capacity of 20,000 tons and has a prominent presence in the industrial district of Sanand (Gujarat). This robust manufacturing base will enable the joint venture to efficiently address the growing demand in the E&E, automotive, industrial, and consumer goods industry. The Role We are seeking an experienced Chief Operating Officer who will be responsible for leading the Engineering Plastics Business and driving its strategic, operational, and financial performance and the P&L. This role requires strong business acumen, operational excellence, and cross-functional leadership to align the BU’s goals with overall organizational strategy. The COO will ensure customer satisfaction, process efficiency, innovation, and sustainable growth while overseeing plant operations, sales, compliance, and stakeholder engagement. Key Responsibilities: A. Strategic Leadership Define and execute the long-term strategic roadmap for LATI-LOXIM. Develop annual and mid-term business plans aligned with corporate goals. Explore strategic opportunities for business expansion and lateral growth across new markets and products. Stay ahead of industry trends, regulatory changes, and technological advancements. Increasing the overall technical capabilities of the organization. B. Financial Performance Drive achievement of revenue, EBITDA, cash flow, and ROI targets. Manage P&L for LATI-LOXIM; optimize costs and working capital. Monitor performance across LATI-LOXIM; identify levers for margin improvement. Lead budgeting and resource allocation aligned with strategic priorities. C. Operational Excellence Oversee end-to-end business to ensure timely production, quality assurance, and delivery. Drive initiatives for process improvement, digitization, automation, and capacity expansion. Ensure strict adherence to safety, regulatory, and environmental standards. Lead continuous improvement efforts in productivity, throughput, and maintenance. D. Sales & Customer Management Collaborate with Sales Heads to grow market share and customer base across geographies. Build strong relationships with key clients and strategic accounts. Oversee branding, marketing, and communications for the Lati-Loxim. Ensure timely execution of customer orders, on-time delivery, and repeat business. E. People & Culture Build and lead a high-performing, cross-functional team. Drive a performance-oriented, collaborative, and learning-driven work culture. Identify and groom future leaders; support succession planning and capability development. Champion employee engagement, retention, and workplace safety. F. Stakeholder Engagement Collaborate with internal leaders (CFO, Sales, HR, Plant Heads) to drive alignment. Represent the Lati-Loxim in external forums, industry associations, and government bodies. Maintain strong relationships with vendors, partners, and regulatory agencies. Skills and Knowledge Strong understanding of engineering plastics (e.g., PA, PBT, PC, ABS, etc.), additives, fillers, and compounding processes. Plant operations, capacity planning, preventive maintenance, safety protocols. Familiarity with extrusion technologies and downstream processing equipment. Lean manufacturing, Six Sigma, TPM, or other continuous improvement methodologies. Understanding of industry-specific standards (e.g., UL, ROHS, REACH, ISO/TS, etc.). Identifying product diversification opportunities. Collaborating with sales heads to grow business in key sectors. Interfacing with key clients (especially OEMs/Tier 1s) and regulatory bodies. Vendor negotiations, client escalations, and internal issue resolution. Board reporting, JV communication, and alignment with promoters' vision. Deep understanding of financial metrics, budgeting, forecasting, and cost control. Strong analytical and problem-solving skills with an entrepreneurial mindset focused on execution discipline. Building a high-performance culture, succession planning, and talent development. Interested candidates are invited to share their resumes with us at jobs@latiloxim.com