Teraplast GP, one of the main domestic PVC producers, will invest around 4.8 million euros to erect a new PVC profile plant in Brasov this year.
Construction works will start this month and will be finalised in July. “The new site will be exclusively allocated to PVC framework and will double the production capacity we have at present, in the PVC window market. This year, we also plan to add new profiles, as well as new interior doors and garage door systems to the PVC framework system,” stated Larisa Popovici, the Teraplast marketing manager.
At present, the company owns eight plants, with the latest, the Orizont plant located in Bistrita-Nasaud, which was launched in 2004 in the wake of investments of approximately three million euros. Last year, the Bistrita-based company also invested 5 million euros to develop production facilities.
The company”s development projects for this year are related to the launch of a complete pressure polypropylene system for hot and cold water delivery. “The firm”s production capacity has seen constant growth each year, by about 20%,” specified the Teraplast marketing manager.
The company”s management for this year expects turnover worth 42 million euros, approximately 35% higher than last year.
“The market is constantly developing and considering the progress witnessed over the past few years, we estimate this trend will continue over the following period. Our products are especially intended for the construction market, an area where Romania has important steps to take in the future,” stated Larisa Popovici.
According to her, significant rates of growth were registered last year in the segment of inner and outer sewage systems, Orizont PVC frameworks, a Teraplast original product.
Teraplast sells around 10% of its total volume of turnover on the foreign market. Its main export partners are located in Hungary, Italy, France, Slovenia, Bulgaria and the Republic of Moldova.
Teraplast is one of the most important PVC profiles, pipes and granules producers in Romania. Its main rivals include Rehau, the German group, Gealan, Valrom and Palplast Sibiu. The company”s representatives could not offer any information with regard to the market share the company holds.