Sapa invests SEK 70 million in a new paint plant


[2006-09-06 11:00]

Press Release
6 September 2006

Sapa invests SEK 70 million in a new paint plant

Sapa is investing SEK 70 million in a new vertical paint plant in Puget, France. "Through this investment, we will meet the market´s increasing requirements in terms of volume, quality and delivery time," says Fernand Venturi, director, Sapa in France.

As a result of the technology used in the new plant, aluminium profiles will be powder coated vertically rather than the traditional method of horizontal coating of profiles. The selected technology results in significantly increased productivity and a surface with an excellent finish.

"We will be increasing our capacity significantly, which will benefit both profile customers and customers within building systems, a growing customer segment," adds Fernand Venturi.

"France is Sapa´s single largest market where we have a leading position. We see an increasing trend for surface-treated aluminium profiles, especially within the construction sector, which is why this investment will contribute to continued success in France," says Lennart Evrell, President and CEO of Sapa.

The investment, which includes land, buildings and machinery, is scheduled to be operation in early 2008.

For further information please contact Gabriella Ekelund, Communications Manager, telephone +46-8-459 59 62.

Sapa is an international industrial group, which develops and markets value-added aluminium profiles, profile-based components and systems, and heat exchanger strip in aluminium. Sapa has a turnover of approximately 15 billion SEK, with 8,200 employees all over Europe and in USA and China. Sapa is one of Europe´s leading companies within its field and the customers are found in the transport, building, engineering and telecom industries. Sapa is part of Norwegian Orkla, listed on the Oslo Exchange.

Further information about Sapa can be found on our web site www.sapagroup.com



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