Eurocon Building Industries, Corus Aluminium Signs $200m Deal for Composite Panels Distribution

Eurocon Building Industries has signed a $200 million deal with Corus Aluminium for the distribution of Alubond u.s.a aluminium composite panels in Western European countries such as Italy, France, Germany, Suisse, Spain, Belgium, Greece, Luxembourg, Holland and United Kingdom. As per the agreement, Corus Aluminium will buy Eurocon Alubond products worth $800 million during the following three years as well as building a new production facility in Europe, which will help Eurocon Industries to double its production capacity and become the world's largest aluminium composite panel manufacturer. Shaji Ul Mulk, Chairman of Eurocon Group, said the deal provides an opportunity to enter the West European market. "Alubond has already been a top brand in East Europe and we are very optimistic that we will reach a similar position in West Europe as well." COPYRIGHT All rights reserved. The copying, republication or redistribution of WAM News Content, including by framing or similar means, is expressly prohibited without the prior written consent of WAM.