AdePlast’s new plant will produce a special type of polystyrene known in industry as Graphite enhanced polystyrene, which is a relative new construction material and a breakthrough in what concerns thermo-insulating materials, company owner Marcel Barbut said in the press release.
The new production facility will be built at the same time with a new polystyrene storage hall, on a surface of 4,000 square meters, necessary for the company’s existing polystyrene plant. Construction works on the storage hall will be completed until the end of August and the new plant will become operational until the end of the year.
Total investments needed to expand the company’s industrial platform in Ploiesti amount to EUR2.8 million, including storage halls and industrial machines.
AdePlast already has a mortar plant and a polystyrene plant in Ploiesti.
AdePlast reported a 31% increase in turnover to 58 million lei (EUR13,03 million) on the year in the first five months of 2012. (EUR1=RON4.4508)