Insulation industry news from Global Insulation
Masterplast to become outright owner of T-Cell Plasztik 16 September 2022
Hungary: Masterplast says that it has signed an option contract to acquire the outstanding 76% stake of expanded polystyrene (EPS) producer T-Cell Plasztik. T-Cell Plasztik holds a 10% market share in Hungarian polystyrene production, and recorded revenues of US$7.91m in 2021.
Masterplast first acquired a 24% stake in T-Cell Plasztik in June 2019.
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