Cortec has acquired a new facility building in Croatia in order to manage the logistics and distribution for Europe, Asia and USA.
CorteCros®, part of the Cortec® Corporation group, has acquired a new facility building in Split (Croatia). CorteCros will now manage the logistics and distribution centre in Split, that has also expanded its production facility and storage capacity. The new facility has then become the main European production and distribution centre for the corrosion protection chemistries of Cortec.
Headquartered in St. Paul, in Minnesota (USA), Cortec has now 10 sites all over the world. CorteCros’s logistics and production centre – that has been acquired from CROSCO d.o.o., subsidiary of the Croatian multinational oil company INA – and EcoCortec’s anticorrosion films and bioplastics plant will supply the European, Asian and USA markets.
“When we started to work on the construction and logistics of the center in Split, our goal was to position Croatia as the main strategic point in Europe for environmentally safe corrosion protection technologies. Five years later, I can proudly say that we succeeded,” stated Boris Miksic, CEO and owner of Cortec.
In addition to manufacturing and testing with the newly equipped ASTM and ISO certified laboratory, CorteCros provides integrated solutions and full technical support for Cortec's products and services. CorteCros also offers a wide range of biotechnology solutions from Cortec’s Canadian subsidiary, Bionetix® International, that uses a variety of microorganisms and nutrients to create biological products. All products are registered according to the REACH standard.
“We are the main supplier of corrosion protection solutions for the world's largest car manufacturers: Mercedes, Volvo, Ford, Toyota and other important systems such as Bosch, IBM, General Electric, Caterpillar, Rolls Royce Group, Russian Railways, MOD, ExxonMobil, Airbus and others. The pandemic, which unfortunately had devastating effects on the whole world did not affect our business. On the contrary, we achieved growth in the past year,” added Miksic. “We will increase our capacities in Split and are planning to build new compounding and reprocessing plants next year, near existing EcoCortec facilities. One plant will produce Cortec's patented VpCI® corrosion protection additive, which will contribute to the self-sustainability of EcoCortec® while the other one will be a recycling plant. We are on [an] excellent path of branding Croatia as a central point in this part of the world for green corrosion protection technologies”.