Corrosion control technologies group Cortec (St. Paul, Minnesota) is building a new production facility in Beli Manastir, Croatia, through its EcoCortec subsidiary for the production of VpCI† vapor-phase corrosion inhibitor films and bags.
The new facility comes in response to a continuous increase in demand, the company explains. The expansion project is being co-financed by the Croatian Ministry of Economy, Entrepreneurship, and Crafts (Zagreb, Croatia) within its European funds program.
“By strengthening the plant’s position in the market, new requirements for equipment and additional space are growing every day,” the company says.
The additional production hall will boost the plant’s manufacturing capabilities and enable the company’s staff to respond more promptly to market challenges, the group explains.
The company says 90% of its products are exported to Europe, Asia, and the United States, with products ranging from film and foam technology to premium custom-converted papers.
Earlier this year, the same Croatian plant launched a novel plastic recycling project to collect and recycle used films and bags. In the program, European customers send their waste material back to the facility, where it is then completely recycled and used for the manufacturing of new products.