German galvanizing and coil processing group Wuppermann has budgeted HUF 5.3 billion ($17 million) for the upgrade of its Hungarian plant near the port of Györ-Gönyü.
According to a spokeswoman, the money has been lined up for property-plant-equipment (PPE) investment. This involves new machinery, a capacity increase, development of processes, automation of storage and logistics, buildings, and projects supporting sustainable development.
For example, the plant will be equipped with a photovoltaic system on the roofs of the production halls, planned to be ready in spring 2022, she tells Kallanish. Using solar power will save some €200,000 ($236,000) in electricity costs per year and reduce CO2 production by 775 tonnes/year, she emphasises. Further investments into machinery will be stretched out until 2026.
Wuppermann Hungary started operating in 2016, basically as a second version of the Wuppermann plant in Moerdijk, the Netherlands. The site galvanizes and anneals hot rolled strip, and forwards it as coils and slit strip. With four production halls, and around 180 employees, Wuppermann Hungary currently processes some 750,000 tonnes/year of sheet.
Christian Koehl Germany