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News Masterplast inaugurates Subotica extruded polystyrene insulation plant

Masterplast inaugurates Subotica extruded polystyrene insulation plant

Written by Global Insulation staff
25 May 2023
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Serbia: Hungary-based Masterplast has inaugurated the 150,000m3/yr Subotica insulation plant in Vojovodina. GradSubotica News has reported that the plant will be the first in Serbia to produce extruded polystyrene (XPS) insulation. The Hungarian Export Promotion Agency (HEPA) provided 50% of investment in the plant. Masterplast's on-going strategic expansion in Southeast Europe is aimed at making it insulation market leader amid growing demand in the region.

Last modified on 22 June 2023
Published in Global Insulation News
Tagged under
  • Serbia
  • Masterplast
  • Hungarian Export Promotion Agency
  • government
  • investment
  • market
  • GGM53

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