MOSCOW (MRC) -- Austrotherm (Austria) has launched another plant for the production of expanded polystyrene insulation materials (EPS) in Grodkow, in the south-west of Poland, said Plasteurope.
The Austrian company has invested EUR5.5 mln in the new plant, which is the third in Poland after the sites in Auschwitz and Skierniewice. At present, the number of employees is 15 people and, depending on the expansion plans, if necessary, it can be increased to 50 people.
"The demand for expanded polystyrene insulating sheets in Poland has been constantly growing for many years. This growth is driven, firstly, by rising energy prices and secondly by the smog program launched in 2019, which is providing financial support for thermal insulation measures in private homes,"said Klaus Haberfellner, Managing Director of the Austrotherm Group. explaining the reason for the expansion in Poland.
Austrotherm opened its first plant in Auschwitz in 1993 and then built another plant in Skierniewice in 1999. Together with the plant in Grodkow, the company currently employs 145 employees in Poland.
In Austria, the company has recently started offering services for the removal of extruded polystyrene construction scrap throughout the country. At the Purbach plant, the waste is shredded and then prepared for recycling in the production process.
As per MRC, expandable polystyrene (EPS) resin producer Epsilyte (The Woodlands, Texas) increased prices for the second month in a row for all grades of EPS by 4 cents/pound, effective 1 February 2021 or as contracts permit.
According ICS-MRC Price Report, prices of Russian EPS remained steady this week. EPS producers have not announced next month's price adjustments yet. Prices for SIBUR-Khimprom's material were at Rb160,000-168,000/tonne CPT Moscow, including VAT, this week. Prices of Plastik, Uzlovaya's material remained at Rb158,000-160,000/tonne CPT Moscow, including VAT.