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News Displaying items by tag: Austrotherm

Insulation industry news from Global Insulation

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Austrotherm makes Euro10m investment in plants

10 September 2020

Austria: Austrotherm has announced the launch of Fit for the Future, a capital expenditure (CAPEX) plan worth Euro10m in investments in its Pinkafeld and Purbach, Burgenland plants. The plans consist of a new office building with training centre and workshop at the Pinkafeld plant, “intended to illustrate how sustainable construction for office buildings should be implemented in the future,” and a 3600m2 finished goods warehouse at the Purbach plant, as well as ‘numerous digitisation and automation projects’ across both plants.

Managing Director Klaus Haberfeller said, “Despite all the adversities of the Covid-19 outbreak, we have started an investment programme that will make our two Burgenland locations fit for the future. We are investing in the modernisation of the infrastructure and in optimising the processes at the locations in order to increase efficiency and occupational safety, and, as a positive side effect, benefit the regional construction industry.”

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Austrotherm upgrades Nis extruded polystyrene plant in Serbia

07 August 2020

 

Serbia: Austria-based Austrotherm has started operation on a new extruded polystyrene (XPS) production line at its Nis plant. The upgrade cost Euro3.5m and has created 15 new jobs at the site. It originally purchased the expanded polystyrene (EPS) and XPS plant in 2005 and it exports products to Albania, Kosovo, Croatia, Bosnia and Herzegovina, Montenegro, Macedonia and Bulgaria.

“We are particularly proud that we were able to complete the capacity expansion in Serbia as planned, despite all the Corona adversities,” said Klaus Haberfellner, managing director of Austrotherm.

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Austrotherm builds warehouse in Szekszard

12 September 2018

Hungary: Austria’s Austrotherm has built a Euro0.9m warehouse at its base in Szekszard. The new unit has an area of 2000m2, according to the MTI – Eco news agency. The insulation producer manufactures expanded polystyrene (EPS) insulation at a plant in Gyor.

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Austrotherm opens plant in Ankara

19 April 2018

Turkey: Austria’s Austrotherm has opened a 400,000m3/yr expanded polystyrene (EPS) plant in Ankara. It is its third insulation plant in the country. The project cost Euro2m. The site has created 14 jobs. The company entered the Turkish market in 2008 and built its second plant near Izmir in 2013.

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Austrotherm raises prices of polystyrene insulation products

18 January 2018

Austria: Austrotherm has raised the prices of its extruded polystyrene (EPS) insulation and expanded polystyrene (XPS) insulation products. The price rise will take place on 12 March 2018. It has blamed a ‘very tense’ situation in the raw materials market.

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Austrotherm opens third plant in Romania

10 November 2017

Romania: Austrotherm has opened an insulation plant at Arad. The Austrian company opened its third expanded polystyrene (EPS) plant in the country in early November 2017. The unit is intended to serve Transylvania and other western regions.

The company originally entered the Romanian market in 1999 with an EPS plant in Bucharest. A second plant at Horia was opened in 2006. Production of extruded polystyrene (XPS) insulation followed at this site in 2008.

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Austrotherm unit to build mineral wool plant

14 June 2016

Austria: Isobasalt, a subsidiary of Austrotherm, plants to build a mineral wool plant at Grosswilfersdorf. The plant is scheduled to start operation in the second quarter of 2017 and the plant will have a production capacity of 250,000t/yr. The unit is expected to create 50 jobs.

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Austrotherm expands XPS insulation production to Germany

13 October 2014

Germany: Austrian heat insulation specialist Austrotherm GmbH has launched its first production plant in Wittenberg, Saxony-Anhalt. The new 114,000m2 plant, which produces its characteristic pink extruded polystyrene (XPS) foam insulation board, was built in 10 months with an investment of Euro40m. The plant specialises in the production of XPS substrate specifically for high-pressure loads and high insulation thickness board. Located midway between Berlin and Hamburg, the site is well placed to supply growing markets in Germany and abroad.

“With the new plant, we are much closer to the market and, by eliminating the long transport routes, it will be faster and more flexible for the customer,” said Austrotherm’s sales and internationalisation executive director Gerald Prinzhorn. “It also allows us to export to northern Europe, Poland and the Benelux countries.” The site location is also set to benefit soon from the construction of the A14 motorway at Wittenberg.

Austrotherm, which also manufactures expanded polystyrene (EPS) insulation, operates other XPS production units in Austria, Serbia and Romania. In its 2013 financial year annual sales grew by 2% to Euro250m. 

“The fact that we were able to increase sales last year is due to our international activities, such as the new EPS insulating plant in Izmir, Turkey,” said CEO Peter Schmid. He predicted a further sales rise in 2014 with further exports from the Wittenberg plant.

The company has also invested Euro4m to establish its second insulation material plant in Turgutlu, Turkey. 

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Austrotherm opens extruded polystyrene insulation plant in Brandenburg

14 July 2014

Germany: Austria's Austrotherm has inaugurated its first manufacturing base in Wittenberge, Brandenburg, Germany. The new plant for extruded polystyrene (XPS) required a Euro40m investment and will employ 70 people. The production capacity was not disclosed. The Austrotherm Group, which has 18 production units in 11 countries, reported a turnover of Euro250m in 2013.

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Austrotherm to open second Turkish insulation plant in April 2013

28 March 2013

Turkey: Austrian insulation producer Austrotherm has said that its second insulation plant in Turkey will go into operation at the beginning of April 2013. Austrotherm has invested Euro4m in the project.

The new plant is located in Turgutlu, near Izmir and will be focused on the production of grey thermally insulated curtail panels from expanded polystyrene and rigid foams. The new plant will employ 40 workers.

Austrotherm saw its sales rise by 8% to Euro245m in 2012. Austrotherm's foreign sales grew stronger than those on the domestic Austrian market in 2012, according to its CEO Peter Schmid.

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