This Biki 932 pen holder was designed in the 1970s by Studio Erre for Rexite. Injection moulded in red coloured acrylonitrile butadiene styrene (ABS), it has a weighted base. Rexite was founded in 1968 in Milan, Italy, by Rino Pirovano and Rino Boschet, at first designing small desk accessories, baskets, coat hangers, tables, chairs and modular storage systems. The company collaborated with a number of influential designers including Enzo Mari and Bruno Munari and won several design awards over the years.