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Austrotherm to open second Turkish insulation plant in Apr 2013.

(SeeNews) - Mar 26, 2013 - Austrian insulation material maker Austrotherm said its second insulation plant in Turkey will go into operation at the beginning of April 2013.

Austrotherm, the sales of which rose by 8% to EUR 245 million (USD 315.5m) in 2012, invested EUR 4 million in the new plant.

The new factory is located in Turgutlu, near Izmir and will be focused on the production of gray thermally-insulated curtail panels from expanded polystyrene and rigid foams.

The new plant will employ 40 workers.

Austrotherm's foreign sales grew stronger than those on the domestic Austrian market in 2012, CEO Peter Schmid said.

(EUR 1.0 = USD 1.288)
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Publication:SeeNews Austria
Date:Mar 26, 2013
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