What Corma does

Corma Inc., founded in 1973 in Concord, Ontario, Canada, designs and manufactures corrugated plastic pipe extrusion equipment for industrial customers worldwide. Its core product line consists of corrugators—ranging from the compact Model 054 (1mm ID) to the large-diameter Model 6030 (up to 1,800mm OD)—augmented by downstream equipment such as aftercoolers, planetary and rotary cut-offs, and servo perforators. The company's vertical-construction corrugator architecture, patented air-cooled design, SuperCooling technology, Mold Block Quick Return system, and Double Layer In-Line Coupling technology are protected by more than 850 patents globally and underpin differentiated throughput, energy efficiency, and material savings for pipe producers.

Corma serves pipe manufacturers serving end markets that include sewage and drainage (primary), automotive, cable ducting and electrical conduit, and medical tubing. The company sells turnkey installations or individual components through direct field sales and a network of wholly-owned regional offices and agents spanning Canada, Germany, El Salvador, India, China (including a wholly-owned manufacturing subsidiary established in 2006), and additional regions. Engineering consulting services complement equipment sales. The business model is high-value capital equipment with custom quotation-based pricing, multi-year contracts, and a 36-month warranty supporting an export-driven revenue mix where more than 95% of revenue is generated outside Canada and installations span 100+ countries.

The company is family-owned and operated by the Lupke family across three generations, with no external investors or public listing. It has accumulated industry recognition including the founder's Plastics Hall of Fame induction, multiple award wins, and active leadership positions within the Plastic Pipe Institute. Notable commercial anchors include Grupo Fersil in Africa and Alom Group in India, alongside channel partners Cherry Pipes and Iplex. Revenue is not publicly disclosed.

Name

Corma

Legal name

Corma Inc.

Website

https://corma.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

251–500 employees

Short description

Corma Inc. designs and manufactures corrugated plastic pipe extrusion equipment—corrugators, downstream equipment, and consulting—serving pipe producers in automotive, sewage/drainage, medical, and cable ducting end markets across 100+ countries.

Ownership category

akta.pro rank

Product category

Industrial Pipe Manufacturing Equipment

NAICS

Pump and Compressor Manufacturing (33391), Plastics Pipe and Pipe Fitting Manufacturing (326122)

SIC

General Industrial Machinery & Equipment (3560), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

akta.pro secondary industries

Water & Sewer Pipe & Fittings (PVC/HDPE/PP) (IMANADAA), Trenchless/Directional Drilling Ducts & Conduit (IMANADAI)

Keywords

• Corrugated pipe equipment
• Plastic pipe manufacturing
• Corrugator machinery
• Pipe extrusion systems
• Downstream pipe equipment

Headquarters

HQ city

Concord

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Corrugator Equipment Sales: Sale of corrugated plastic pipe manufacturing machinery including corrugators, dies, and die tooling equipment. Systems sold as complete turnkey installations or individual components.
2. Downstream Equipment: Sale of downstream pipe handling and customization equipment including aftercoolers, pipe cut-offs (planetary and rotary), and perforators.
3. Consulting Services: Engineering consulting including pipe profile design, plant layout, raw material selection, and extruder requirements assistance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Corma manufactures corrugated plastic pipe manufacturing equipment, including a comprehensive portfolio of corrugators (15+ models spanning pipe diameters from 1mm to 1800mm) and downstream equipment (aftercoolers, planetary and rotary pipe cut-offs, and perforators). The company also provides engineering consulting covering pipe profile design, plant layout, raw material selection, and extruder requirements for pipe producers worldwide. Systems are sold as complete turnkey installations or individual components in materials including PVC, PE, and PP.

Product overview

Corma is a manufacturer of corrugated plastic pipe manufacturing equipment offering a comprehensive portfolio centered on two main product lines: Corrugators and Downstream Equipment. The corrugator lineup spans 15+ models (054 through 6030) covering pipe diameters from 1mm to 1800mm, featuring vertical construction design with patented technologies including SuperCooling, Mold Block Quick Return, and Insert Technology. Downstream equipment includes aftercoolers, planetary and rotary pipe cut-offs, and servo and HSC perforators. The 40 Series represents the newest generation of corrugators with enhanced speed capabilities. Corma also provides consulting services. The company offers turnkey installations or individual components, with systems producing Single Wall, Double Wall, Triple Wall, Rib Pipe, and Ultra Rib profiles in materials including PVC, PE, and PP.

Differentiator

Problem solved

Functional benefit

Products and services

• 30 Series Corrugators High-output vertical construction corrugators available in multiple models (054, 130, 430, 630, 830, 840, 1030, 1230, 1530, 2430, 3630, 4830, 6030) producing single wall, double wall, triple wall, rib pipe, and ultra rib profiles in PVC, PE, and PP materials. Used by pipe manufacturers globally to produce corrugated plastic pipes for drainage, sewage, automotive, cable ducting, and medical applications.
• 40 Series Corrugators Newest generation of vertical construction corrugators featuring extended pipe forming sections and higher cooling capacity, offering higher output rates than previous generations. Designed for pipe manufacturers seeking maximum productivity from their extrusion lines.
• Corma Aftercooler

Quantifiable outcome

• Reduces raw material costs by more than 20% compared to traditional piping
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Grupo Fersil (FIL – Tubos Angola)coreStrategic or Co-development PartnerCorma partnered with prominent international manufacturer Grupo Fersil to meet growing demands for Africa's large civil engineering projects. Equipped FIL – Tubos Angola with two complete manufacturing lines to produce double wall polypropylene corrugated pipes ranging from 50 to 1,200mm O.D. for drainage, sewage and cable ducting applications in Angola.
• Alom Group of Companies (Alom Poly Extrusions Ltd.)coreStrategic or Co-development PartnerCorma partnered with Kolkata-based Alom Group to meet India's burgeoning urban infrastructure demands. Equipped Alom Poly Extrusions Ltd. with two complete manufacturing lines for Double Wall Corrugated HDPE pipes from 50 to 1,500mm. Alom became first company in India to offer double wall corrugated HDPE pipes over 1,000mm.
• Cherry PipescoreChannel Partner/ Reseller/ DistributorCorma is a proud business partner of Cherry Pipes, collaborating on large diameter corrugated pipe installations.
• IplexcoreChannel Partner/ Reseller/ DistributorCorma is a proud business partner of Iplex for corrugated plastic pipe products.
• Hydro Dynamics Engineering ConsultancyminorChannel Partner/ Reseller/ DistributorAgent representing Corma in India and Africa markets. Principal: Mohamed Heiba, CEO. Contact: +43-699-816-88912.
• KABRA Extrusiontechnik Ltd.minorStrategic or Co-development PartnerPartnership with Indian extruder manufacturer KABRA for customer service support in India, enabling immediate response to customer service requests.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Unicore: German manufacturer of corrugated plastic pipe extrusion equipment and complete production lines. Unicore competes directly with Corma across double-wall and single-wall corrugator systems sold to global pipe producers, particularly in Europe and emerging markets.
• Drossbach: German specialist in corrugator equipment for plastic pipe manufacturing, with a long heritage in vacuum-forming corrugators. Drossbach is one of the closest direct competitors to Corma in the corrugated pipe equipment category worldwide.
• Jwell Machinery: Chinese manufacturer of plastic extrusion equipment including corrugated pipe lines. Jwell has been an explicit target of Corma's patent infringement litigation in Shanghai, indicating direct head-to-head competition especially in Asian and price-sensitive markets.
• Tecnomatic: Italian manufacturer of plastic pipe extrusion lines, including corrugated and structured-wall pipe systems. Tecnomatic competes with Corma in the European and Mediterranean markets for complete pipe production installations.

Broad incumbents

• Reifenhäuser: German manufacturer of plastic extrusion lines with a broad portfolio across film, sheet, and pipe. While not specialized in corrugators, Reifenhäuser competes for pipe producers' capex budgets and overlaps with Corma in extrusion technology.
• KraussMaffei: Global machinery conglomerate offering extrusion, injection molding, and reaction process machinery. KraussMaffei's extrusion division competes with Corma for pipe and profile production customers needing complete turnkey lines.
• Battenfeld-Cincinnati: German-American manufacturer of extrusion equipment for pipe, profile, and sheet. Battenfeld-Cincinnati serves many of the same pipe producer customers as Corma, particularly for larger-diameter and structured-wall pipe lines.
• AMUT: Italian plastics machinery maker with extrusion lines for pipe, profile, and recycling. AMUT competes with Corma for pipe manufacturing equipment budgets across Europe, the Middle East, and Africa.
• Davis-Standard: US-based extrusion technology provider with systems for pipe, profile, sheet, and film. Davis-Standard competes for pipe producers' capex, particularly in North America where Corma's direct presence is comparatively smaller (5% of revenue).

Others

• Maag: Swiss-based provider of processing equipment (pelletizing, gear pumps, filtration) for the plastics industry. Maag's gear pump and downstream technologies are complementary/adjacent to Corma's corrugator systems for complete pipe line installations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Corma