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Insulation industry news from Global Insulation
Hirsch Servo buys Romanian EPS insulation plants from Arcon
18 August 2016Romania: Hirsch Servo has bought the insulating material division of Arcon. The deal includes two expanded polystyrene (EPS) insulation production plants in Bucharest and Sfantu Gheorghe. No price for the transaction has been released. Hirsch Servo will become the second largest insulation producer in the country, following its purchase of the Energoterom insulation plant at Timisoara in July 2016.
Proinvest Group to complete sandwich panel plant in 2018
10 March 2016Romania: Proinvest Group will complete a Euro10m sandwich panel plant in 2018. The first phase of the project, worth Euro3m, was completed in February 2016 with the commissioning of the first production line for sandwich panels with mineral wool core for roof and walls. The line has a capacity of 1Mm2/yr. The second phase of the project will be completed in 2018 with the commissioning of a new production line of sandwich panels, the company said in a press release.
The Romanian steel processing company is based in Pascani, northeastern Romania. It owns four plants and has more than 350 employees.