StockMarketWire.com - Compagnie de Saint-Gobain has acquired 90% of the shares of Isoroc Poland and its corresponding brand Isoroc in Europe.

Saint-Gobain has owned the Isoroc business and brand in Russia since 2016.

Isoroc Poland operates a stonewool plant with a capacity of 35,000 tons in Nidzica, 160 km North of Warsaw, and plans to open a new line of 40,000 tons in 2019 to serve Germany and the Nordics, as well as Poland and its neighbouring countries.

Isoroc Poland joins the group's insulation business (construction products).


At 8:25am: [LON:COD] Compagnie De StGobain share price was -0.17p at 48.54p



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