Duratex may announce new panels

Duratex, manufacturer of sanitary vitreous Chinaware and metal fittings and wood panels group Itasa, subsidiary will be able to announce soon a new Panel factory, according to yesterday's investor relations company, Flávio Donatelli. "We can announce a new MDF or MDP plan for early production between 2015 and 2016," he said.
Plans for a new project in the area of panels are not new, but according to the direction of the company, the project is already in the process of detailing and the company has the necessary forestry base for expansion.
Duratex reiterated the expectation of investment of r $ 660 million in 2013, of which r $ 301 million contributed in the first half of the year.
In panels, the main investments in progress include a new MDF in Itapetininga, SP, with the beginning of operation this month and effective capacity of 520 thousand cubic meters annually, and the modernization of the production capacity of MDP in Taquari (RS), which will add 230 thousand cubic meters annually from August.
In Deca, Division of metal sanitaryware, Duratex increased capacity in Jundiaí (SP) from 17 million to 18.2 million pieces per year of products. The company also expanded in 25% the installed capacity of vitreous in Queimados (RJ).
After fetching the price improves both the dashboards and Deca Division in the first half of the year, the Duratex see now a stability in the second half.
According to Donatelli, on the demand side, the market is proving right in line with the expected. "Our policy is always to get a little more leeway, but the scenery is of relative stability for prices in the second half," he said.
In the first half, the net revenues of Duratex totaled r $ 1.85 billion, with growth of 19.3% compared to the previous year. In panels, high was 18.3%, and Deca, 21.2%, influenced both by improvement in volumes marketed as prices.
Duratex, as the Executive, you will be able to evaluate acquisition opportunities outside of Brazil and Latin America, but there is nothing concrete about moves in that direction. Asked about the strategy of growth through mergers and acquisitions, the company reported that have long-term plans, but cannot make them public before the hour.
Last week, Reuters reported that the three companies would have other Duratex and submitted initial offers by the German Grohe, manufacturer of sanitary equipment, citing sources close to the negotiations. The company has avoided comment on the deemed as "speculation".