# Knauf Insulation to invest €120M in Novi Marof plant expansion in Croatia

Knauf Insulation will invest approximately €120 million in a sustainable manufacturing line with electric melting technology at its Novi Marof plant in Croatia. The expansion will more than double annual capacity, create over 70 jobs, and is expected to be fully operational in 2025.

- Type: Expansion
- Announced: 2023-03-17
- Where: Novi Marof, Croatia
- Value: $128.0M (120.0M EUR)
- Jobs: 70
- Starts operating: 2025
- Status: announced
- Capacity: more than double annual manufacturing capacity
- Products: insulation solutions, technical insulation, industrial insulation, construction insulation, Urbanscape green solutions
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf Insulation](https://endata.com/companies/21886.md)

## Sources

- [glass-international.com](https://www.glass-international.com/news/knauf-insulation-to-invest-eur120-million-in-croatian-plant-expansion), 2023-03-17: "Knauf Insulation will invest approximately €120 million in a sustainable manufacturing line featuring electric melting technology at its Novi Marof plant in Croatia."

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