DGAP-News

STEICO SE: Investment in production facilities for wood fibre insulation materials at Gromadka site - Seite 2

- Doubling of capacity for wood fibre air injected insulation and 50% increase in capacity for cellulose air injected insulation (start of regular operation March 2021).

- Construction of a production line for stable wood fibre insulation boards from the dry process in France (Casteljaloux site) with an annual capacity of around 250,000 cbm (expected to go live in the second half of 2021 with possibility for further enlargement).

- Construction of a production line for stable wood-fibre insulation boards using the wet process in Poland (Czarna Woda site) with an annual capacity of 135,000 cbm (expected to go live in the second half of 2021).

The STEICO Group aims to use these investments to significantly expand its position as the global market leader for wood fibre insulation materials, and to continue the profitable growth it has enjoyed to date.

The corporate news can be downloaded from www.steico.com/ir.

Company profile
STEICO develops, produces and markets ecological construction products made of renewable raw materials. STEICO is the global market leader for wood fibre insulation materials.

STEICO is positioned as a system provider for ecological residential construction and is the only manufacturer in the industry to offer an integrated wooden construction system in which innovative wooden construction components and ecological insulation material supplement each other.

Laminated veneer lumber and I-joists form the structural components of the system. The insulation materials include flexible and stable wood fibre insulation panels, facade insulation materials, as well as cavity wall insulation made of wood fibres and cellulose. Sealing products for the building shell complete the overall system.

The STEICO Group offers its customers a unique range of products through to the prefabrication of complete components for timber element construction. The Munich-based company's products are used in new construction and when renovating roofs, walls, ceilings, floors and facades. STEICO's products allow the construction of future-proof, healthy buildings with a particularly high quality of living and a healthy atmosphere. STEICO's products offer reliable protection against cold, heat and also noise, and they permanently improve the building's energy efficiency.