LOTTE Chemical Expands Production Capacity

LOTTE Chemical announced the addition of a third engineered-stone production line at its Belenco plant in Turkey. The expanded production volume of the Turkish plant supplements LOTTE’s Yeosu plant in South Korea. The combined capacity of the two facilities is 22 million sq. ft. per annum. According to LOTTE, the $30M investment in the new production line … Read more

Caesarstone Plagued by Production Problems

After a couple of huge stock losses in 2015 and the appointment of a new CEO in 2016, problems continue to plague Caesarstone in 2017 – this time in production. Problems in production have so far led to lower than expected profit margins and a slew of management changes at … Read more

Caesarstone Plagued by Production Problems

After a couple of huge stock losses in 2015 and the appointment of a new CEO in 2016, problems continue to plague Caesarstone in 2017 – this time in production. Problems in production have so far led to lower than expected profit margins and a slew of management changes at … Read more

Formica Group Opens New Laminate Plant in China

Formica Group opened a new laminate production facility in Jiujiang, Jiangxi province of China. It is one of the largest facilities in Formica Group’s international operations, and marks a substantial new phase of development in Asia for Formica Group and its parent company, Fletcher Building. Government officials from Jiujiang City … Read more

Eurosoft Upgrades Countertop Software

Eurosoft added a line of Elevation tools to its TOPaz Complete Countertop Production software’s extensive Drawing Library. The Elevation Tools provide users freedom to design components added in elevation such as backsplashes and wall panels in any style, shape or size. TOPaz also allows invoicing of customers and outputting of … Read more