Sicit Group is open and continues to operate at full capacity during Covid-19 pandemic

SICIT, the Italian-based company, producing biostimulants derived from protein hydrolysates, announces its activities will continue during the Covid-19 pandemic.

With reference to the Decree of the Presidency of the Council of Ministers (so-called "DPCM" by the Italian Prime Minister) of March 22nd, 2020, containing new measures to stem the Covid-19 epidemic, including the closure, throughout Italy, "of all non-essential businesses", SICIT GROUP informs that its activities are included in the list among those considered essential, and will therefore continue as usual.

Indeed, the Company's activity falls under the ATECO1 - code 20 (i.e. manufacture of chemical products) which has been included by the Decree in the list of businesses considered essential. The same applies to the activity of the subsidiary Sicit Chemitech (ATECO - code 72: scientific research and development).

It is also pointed out that the Group's business - besides serving, in large part, the agri-food chain and energy production (activities that the decree included among the essential ones) - is essential for the first stage of the tanning industry processing, treating waste and by-product to obtain stable (and recyclable) materials. In this sense, SICIT Group believes it is obliged to process the tanning’s waste, also from a health point of view.

Finally, SICIT Group recalls that, on the basis of the indications provided by the World Health Organization and by the Italian Government, it has implemented specific policies to protect the health of its employees, clients and partners, while ensuring the business continuity. In particular, as the situation evolves, SICIT has asked employees involved in non-essential production functions to work from home, organizing dedicated smart working procedures. In the same way, the Company is adopting all the required solutions to ensure the health of its employees in its Italian production sites. SICIT has highly automated production plants that allow a limited use of staff directly involved in the production process.