BELARUS NEWS AND ANALYSIS

DATE:

09/04/2008

Salamander: Acquistion of Belbauplast

Window profiles specialist Salamander Industrie-Produkte (SIP, Tėrkheim / Germany; www.sip.de) has continued its expansion into eastern Europe through the acquisition of an 85% stake in Belbauplast (Brest / Belarus). SIP will invest over EUR 6m in the company, establishing a new warehouse for the "Brėgmann" brand of profiles and ramping up its own extrusion operations for the brand in Belarus.

Plans to install three extrusion lines with total capacity of 4,200 t/y in 2008. Following completion of the third expansion phase in 2010, the facility will have seven lines with a capacity of over 14,000 t/y.

Source:

http://www.plasteurope.com/pie-ticker/detail.asp?id=210539

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