# Ivas Group inaugurates €8M automated EPS insulation plant in Italy

Ivas Group inaugurated a new automated 4.0 plant for producing recycled EPS insulation materials at its San Mauro Pascoli site in Italy, with an investment of about €8 million. The facility adds 10,000 square meters of production area and is powered by a 650 kW photovoltaic system.

- Type: New facility
- Announced: 2024-03-21
- Where: San Mauro Pascoli, Forlì-Cesena, Italy
- Value: $8.70M (8.00M EUR)
- Starts operating: 21 Mar 2024
- Status: completed
- Capacity: 10,000 square meters of production area
- Products: recycled EPS insulation panels, Ivaspor
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ivas Group](https://endata.com/companies/76426.md)

## Sources

- [plastix.it](https://www.plastix.it/ivas-inaugura-un-nuovo-stabilimento-4-0-e-crea-la-prima-green-building-valley/), 2024-03-25: "Il Gruppo Ivas ha inaugurato un nuovo stabilimento automatizzato 4.0 per la produzione di materiali isolanti a base di EPS riciclato, presso il suo storico sito produttivo di San Mauro Pascoli."

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