Recticel to Build in Finland
Recticel to build new production site in Finland
Recticel announced that its Insulation division plans to invest about EUR 23 million in a new greenfield production site in Finland. The facility will produce rigid polyurethane foam panels for thermal insulation for the construction sector in the Nordic region (Finland, Norway, Sweden, Denmark, and the Baltic countries). Start of production is planned in the second half of 2018.
“This investment is an additional step in the execution of the growth strategy of our Insulation business. It offers an attractive expansion in the Nordic region, which is a growing market for high performance insulation materials”, said Olivier Chapelle, CEO of Recticel.
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