# Fainplast expands production plant in Ascoli Piceno with €5M investment

Fainplast has started an expansion of its production plant in Ascoli Piceno, Italy, with a total investment of €5 million. The new building will add 7,000 sqm for warehousing and production and 1,200 sqm for offices and labs, aiming to increase polyolefin-based compound capacity by 50,000 MT/year within five years.

- Type: Expansion
- Announced: 2018-04-01
- Where: Ascoli Piceno, Italy
- Value: $6.00M (5.00M EUR)
- Starts operating: 2023
- Status: under construction
- Capacity: 50,000 MT/year
- Products: polyolefin-based compounds, halogen-free cable compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Fainplast](https://endata.com/companies/31808.md)

## Sources

- [fainplast.com](https://www.fainplast.com/en/fainplast-expands-its-operations-in-ascoli-piceno-2/), 2018-05-09: "In April 2018, Fainplast has started an important new expansion of its production plant in Ascoli Piceno."

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