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 DALLAS, Sept. 27 /PRNewswire/ -- Valhi Inc. (NYSE: VHI) announced today that it has approved a $33 million expansion plan for the European operations of its wholly owned-forest products subsidia,? Medite Corp.
 In 1983 Medite launched its European operations with the construction of its plant in Clonmel, County Tipperary, Republic of Ireland. The plant produces Medium Density Fiberboard, an environmentally efficient engineered wood panel product used extensively as a replacement for sanded plywood and other basic timber products in the production of furniture, cabinets, shop fittings and architectural applications. Medite of Europe, one of Ireland's top 100 exporters, serves a broad base of customers in the United Kingdom, Continental Europe and Ireland. MDF produced in Ireland and sold under the company's brandname Medite utilizes wood fiber from Irish plantation forests and sawmill industry residuals.
 With sister plants in Las Vegas, N.M., and Medford, Ore., Medite is a leader in MDF technology and is currently the second largest MDF producer in the world. Medite's technological leadership has led to the development of a broad variety of specialty products to serve the expanding application needs of its customers. These specialty items include moisture resistant, exterior and fire retardant grades of MDF.
 Michael A. Snetzer, president of Valhi, said that "the planned expansion is expected to increase production at the Irish facility by approximately 75 percent when it is fully operational in early 1995. This is a major step towards regaining Medite's No. 1 share position in the worldwide MDF market." He added that "the long-term commitment of the Republic of Ireland to the continued development of its forest products industry, particularly the production of value-added export products such as MDF, played a significant role in the company's decision to expand in Ireland." Expansion is expected to add 30 direct jobs and provide numerous additional jobs in the forestry, transportation and secondary manufacturing sectors.
 Financing for the project will be jointly provided by the European Investment Bank and Bank of Ireland. Commencement of the project is pending determination and approval of capital project grant funding from the Industrial Development Authority of Ireland for a portion of the project cost.
 Valhi, which acquired Medite Corp. in 1984, is a diversified company engaged in the refined sugar, forest products, fast food and hardware products industries. Valhi is also indirectly engaged in the chemicals and titanium metals industries through its equity interests in two publicly traded affiliates, NL Industries Inc. and Tremont Corp. Valhi's common stock is traded on the New York and Pacific Stock Exchanges under the symbol "VHI."
 -0- 9/27/93
 /CONTACT: Michael A. Snetzer, president, 214-450-4211/

CO: Valhi Inc.; Medite Corp. ST: Texas IN: PAP SU:

JB-EH -- LA017 -- 5931 09/27/93 12:39 EDT
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Publication:PR Newswire
Date:Sep 27, 1993

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