03/04/2010

PIE - News-Ticker on Plasteurope.com

Ferro: Portuguese plastics manufacture to move to Spain

As part of its multi-year restructuring plan, which dates back to 2006, US speciality chemical manufacturer Ferro Corporation (Cleveland, Ohio / USA; www.ferro.com) has announced additional cost-cutting initiatives for its European manufacturing operations.



In this phase, the revamping mostly will affect Ferro’s operations in Portugal. Bringing to a completion the process of consolidating its high-volume dinnerware frit materials production, the group will discontinue manufacturing these products at its plant in Castanheira / Portugal, moving capacity to its facility in Almazora / Spain. Ferro also intends to shift Castanheira’s entire plastics manufacture to Almazora by August 2010.

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