ThyssenKrupp open new plant

1 min read

ThyssenKrupp Építöelemek have opened a new €8m steel sandwich element plant in Hungary to supply customers throughout Eastern Europe.

The plant will produce around 1.2 million square metres of steel sandwich elements a year to consumers in Hungary, Slovakia, Ukraine, Romania, Bulgaria, Serbia, Croatia, and the Czech Republic.

Dr Jost Massenberg, executive board member at ThyssenKrupp Steel, said: ‘We forecast annual growth rates of 10 per cent for sandwich products [in Central and Eastern Europe] up to the year 2012 and aim to achieve a 15 per cent market share.’

Steel sandwich elements consist of two steel face sheets bonded with a rigid polyurethane foam core. The products are used in a variety of industrial and commercial buildings. The construction elements offer thermal insulation and low weight.

The plant will process coated flat-rolled steel supplied by ThyssenKrupp’s German operations. It’s products include room panels, wall panels and roof elements.