Adeplast Builds EUR10M Dry Mortar Plant In NE Romania
Romanian building materials producer Adeplast will invest EUR10 million in a new adhesives and dry mortar plant in the northeastern city of Roman, general manager and company’s main shareholder Marcel Barbut told MEDIAFAX.
“Construction works will start in March and will be completed in August,” Barbut said.
Barbut said Adeplast is in talks to purchase a plot of land in Oradea to build a polystyrene plant. The project, slated to start in 2012, is estimated at EUR5 million.
Adeplast expects a 13%-14% increase in sales in 2011, from 127.5 million lei (EUR29.3 million) in the previous year, mostly fueled by increased production.
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