“The partnership sealed with TeraPlast supports Sipex’s drive to boost the range of products distributed via the 12 logistic centers we own nationwide,” said Irinel Gheorghe, Sipex CEO.
TeraPlast group is the biggest polymer processor in central and eastern Europe.
“One of our objectives in developing the distribution activity is to more easily and rapidly reach clients with our products and in the areas where these are not yet present. Sipex is one of Romania’s biggest building materials wholesalers and this strategic partnership supports distribution base expansion,” stated Alexandru Stanean, TeraPlast CEO.
In its 25 years of activity, Sipex has developed a network of 12 logistic centers and a 191-unit car fleet. The company was listed on the Bucharest Stock Exchange on the AeRO market in June 3, 2022.
TeraPlast group is made up of TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast.
(English version by Catalina Apostoiu)