Bulgaria's Alcomet launches upgraded powder coating line

Bulgarian aluminum products manufacturer Alcomet has put into operation its production line for powder coating of aluminum profiles following a 1.4 million levs ($883,200/715,800 euro) investment in its modernization.

The upgraded line has the capacity to produce 600 tonnes of powder-coated aluminum profiles per month - three times more compared to its output before the upgrade, Alcomet said in a bourse filing on Tuesday.

Last month, Alcomet said that it launched a new rolling mill, which will boost the company's capacity by 85,000 tonnes per year in the medium term.

The company's output increased by 3.1% year-on-year in the first nine months of 2020, reaching 53,213 mt, according to Alcomet's latest financial statement.

Alcomet produces household, technical and container foils, sheets and strips, as well as standard and customized profiles. The company exports over 90% of its output.

.Asian Metal Copyright Last month, Alcomet said that it launched a new rolling mill, which will boost the company's capacity by 85,000 tonnes per year in the medium term.Asian Metal Copyright