# Grupo Sprea to build $50M resin plant in Serra, Brazil

Grupo Sprea's subsidiary Ddchem confirmed a plan to invest over R$ 50 million to build a new factory in Serra, Espírito Santo, Brazil, to produce epoxy resins and hardeners for export.

- Type: New facility
- Announced: 2017-10-19
- Where: Serra, Espírito Santo, Brazil
- Value: $15.2M (50.0M BRL)
- Status: announced
- Products: epoxy resins, hardeners
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Grupo Sprea](https://endata.com/companies/28160.md)
- [ddchem](https://endata.com/companies/15749.md) (partner)

## Sources

- [bvmi.com.br](https://bvmi.com.br/grupo-sprea-confirma-investimento-de-r-50-milhoes-no-es/), 2017-10-19: "A Ddchem, fábrica italiana de resina do Grupo Sprea, confirmou ao BVMI o plano de investimento superior a R$ 50 milhões na instalação de uma unidade no Espírito Santo."

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