Mäntsälä, Finland – Belgian PU producer Recticel is readying to expand its warehouse capacities in the Kapuli Industrial Park of Mäntsälä, in the south of Finland, where the company has an existing plant.
The manufacturer intends to apply for a permit for a 'warehouse extension, so that the extension would be ready in 2024,' Ari Tanni, commercial director, Nordics for Recticel's local subsidiary, Recticel Insulation Oy, told Urethanes Technology International.
Recticel’s factory in Mäntsälä supplies its output to customers in the Nordic countries and the Baltic States. The plant's output is supplied under the Recticel insulation market segment, and comprises 'PIR-insulation mainly for flat roofing, concrete elements and facades', according to the company representative.
In 2018, Recticel launched activities at the Finnish plant. A year earlier, the firm purchased a land plot of some 40,000m2. for the project, and also signed a deal to reserve an adjacent land plot of 46,000m2 Recticel’s first investment in Mäntsälä was worth about €26m.
The manufacturer’s first Finnish offshoot, Recticel Oy, is located in Kuovola, in Finland’s south-east, where the manufacturer also operates a production facility.
Recticel says the group’s insulation division offers a portfolio of thermal and acoustic insulation products that are supplied to construction and renovation projects. These products are marketed under the brands of Eurowall, Powerroof, Powerdeck, Powerwall, and Xentro, among others, according to data from the Belgian manufacturer.
The latest development is part of Recticel’s efforts to boost its international insulation manufacturing capacities. Last April, the company announced it acquired the assets of Slovenian firm Trimo, a producer specialised in premium insulated panels for the construction industry. The Belgian group paid some €164.3m to take over Trimo. Recticel said the acquisition expands its presence in the Central and South-Eastern European markets.
This article has been edited to remove inaccurate information that had previously been published in a Finnish news source.
