The Hungarian government is covering half of the investment cost.
The 3,600 sqm plant will have the capacity to turn out 200,000 cubic meters of product a year. Production is set to start at the beginning of 2023.
Masterplast will also build a 2,000 sqm enclosed warehouse and add almost 6,000 sqm of outdoor storage space at the base as well as 400sqm of office space with a quality control laboratory.
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