Slovenia: Recticel’s insulation division has entered into a production joint venture with Turna by acquiring 50% of the shares of its affiliate Turvac. Turvac is located in Šoštanj and it specialises in the production of vacuum insulation panels (VIP). Recticel Insulation will commercialize VIPs for niche applications in the construction market and Turna will focus on sales to the household appliances markets. This new technology allows Recticel Insulation to enhance its products portfolio and to strengthen its position in high performance insulation solutions for the European building market.
