Romania's biggest PVC processor adding capacity, product lines

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: August 26, 2014 10:07 am ET
Updated: August 26, 2014 10:13 am ET

Image By: Teraplast SA Window and door maker Terplast SA says it is the biggest PVC processor in Romania.

Related to this story

Topics Europe, Windows & doors, Pipe/Profile/Tubing

Romanian plastics manufacturer Teraplast SA has unveiled plans to invest 1.3 million euros ($1.7 million) this year to expand its output capacity and launch new products.  

The announcement accompanies the release of the company's financial results for the first half of 2014, in which Teraplast managed to double its net profit to about 1.5 million Romanian new leus ($450,000). This was achieved despite a decrease reported in the firm's sales.  

"In the first half of this year, we delayed some of the investments," Traian Simion, the company's director general, told local daily Adevarul.  

From January to June 2014, the company invested some 850,000 euros ($1.1 million) to purchase new machines and develop new products at its plant in Saratel. In the second half of this year, Teraplast is aiming to invest a further 450,000 euros ($593,000). 

Teraplast Group claims to be the largest PVC processor in the Romanian market, and operates five production facilities. The manufacturer makes a wide range of PVC windows, doors and pipes, PP fittings and pipes, external sewage systems, drainage systems and other products made with the use of various plastics, according to data released by the firm.  

The Romanian group also comprises Plastsistem, manufacturer of thermo-insulating panels, and structures for the construction industry, and Politub, producer of PE pipes for gas and water networks.


Comments

Romania's biggest PVC processor adding capacity, product lines

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: August 26, 2014 10:07 am ET
Updated: August 26, 2014 10:13 am ET

Post Your Comments


Back to story


More stories

Image

Atkore expands in PVC conduit, buying American Pipe & Plastics

October 20, 2014 6:06 pm ET

Atkore International Inc. of Harvey, Ill., has acquired PVC conduit maker American Pipe & Plastics Inc. of Kirkwood, N.Y., which serves the...    More

Image

Humanoid robot provides inspection service with a smile

October 17, 2014 6:00 am ET

Everyone knows robots can improve production and quality. But no one says they can't show a little personality while they're working.    More

Image

Hasco gets into augmented reality

October 17, 2014 6:00 am ET

Mold makers may be used to seeing cores and pins on the exhibition stand of a supplier — but not augmented reality that looks like it comes...    More

Image

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

OnePlastics Group brand created to cover seven different plastics firms

October 17, 2014 9:48 am ET

A Dublin-based company is launching a new brand to unify its plastics businesses into a single entity called OnePlastics Group.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events