Composites Investment in Czech Republic Fuels Industrial Growth
07 May 2004
07 May 2004
Industrial production in the Czech Republic grew by 5.8 per cent in 2003 a growth fuelled by the composite and materials sectors, and the growth in the automotive industry, according to an Investment promotion agency.
In 2002, the country produced 22,500 tons of composites, a volume which looks to have been exceeded in 2003.
According to a recent survey by Price Waterhouse Coopers (2002), investments to the Czech Republic are becoming profitable within two-years’ time, which is the primary reason why companies like Saint Gobain Vertex, Schneider Electric, Faurecia, Vivendi, Valeo, and numerous others have invested in composite production plants in the region.
The Ministry of Industry and Trade established Czechinvest as an investment promotion agency to help companies that are interested in setting up in the Czech Republic.
Kordsa, operating in tire, construction reinforcement and composites technologies market with its mission ‘We Reinforce Life’, has launched a new campaign with the slogan ‘Inspired from life, we reinforce life’.
Dura Composites has expanded its Dura Deck range to include Dura Deck Resist, a co-extruded decking board with an innovative 360 degree outer angle which protects its core from the elements, as well as a new and improved Dura Deck Eco.
The University of Southern Queensland (USQ) has partnered with Composites Australia to provide Australian civil and composite engineers with access to the latest knowledge on an innovative reinforcing solution to the costly corrosion of concrete infrastructure.