# TeraPlast to invest €4M in Okondo pipe plant expansion

TeraPlast announced a €4 million investment in its newly acquired pipe factory in Okondo, Spain, aiming to increase production by 60% over the next three years.

- Type: Investment
- Announced: 2026-07-23
- Where: Okondo, Álava, Spain
- Value: $4.24M (4.00M EUR)
- Status: announced
- Products: plastic pipes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TeraPlast Group](https://endata.com/companies/34244.md)

## Sources

- [noticiasdealava.eus](https://www.noticiasdealava.eus/alava/2026/07/23/teraplast-invertira-4-millones-fabrica-tuberias-de-okondo-tras-comprarla-11366935.html), 2026-07-23: "La empresa rumana TeraPlast... invertirá cuatro millones de euros en la fábrica de tuberías de plástico que ha comprado en la localidad alavesa de Okondo para aumentar la producción un 60% durante los próximos tres años."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.