Mapei has recently completed the acquisition of all activities regarding adhesives and other construction products carried out by Henkel in South Korea under the Ceresit and Thomsit trademarks.
This has been carried out through the new Mapei Korea company with headquarters in Seoul and production facilities in Chungcheonbuk-do, 100km away from Seoul (Mapei’s 58th plant), which will supply the North Pacific zone.
The plant will produce Mapei’s other products as well as the Ceresit and Thomsit ranges that will be maintained for up to three years.
The Ceresit range includes waterproofing materials for tanks and renovation, plus mortars.
Mapei has invested more than €200 million (USD 270.7m) in the Asia-Pacific region (including Oceania) with its headquarters in Singapore led by Marcel Smit.
Source Ekapija.com
