Cortec Doubles investments in Europe

CorteCros, a member of the Cortec Corporation, has acquired a new facility building in Split, Croatia, from CROSCO. CorteCros is now the 100 percent owner of the logistics and distribution center in Split. Split is now Europe’s main production and distribution point for Cortec’s corrosion protection chemistries.

Cortec facility Split Croatia
The CortecCros facility in Spil Picture: Cortec

Cortecs VpCI Coatings are used for corrosion protection. The Cortec Corporation has 10 locations around the globe with headquarters in St. Paul, USA.  With this acquisition in Croatia, Cortec’s CEO and owner, Boris Miksic, doubled his business in Europe: “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.”

The company is supplying three continents—Europe, Asia and USA—from its facilities in Croatia. Capacities in Croatia include EcoCortec’s anticorrosion films. The company’s offices are located in Croatia’s capital, Zagreb.

REACH and ISO certification

In addition to manufacturing and testing, CorteCros provides integrated solutions and full technical support for Cortec’s products and services. A newly equipped ASTM and ISO certified laboratory is also located in the logistics center in Split. All products are registered according to the REACH standard.

Miksic has invested over 20 million Euros in Croatia so far and plans another expansion in the near future. “We will increase our capacities in Split and are planning to build new compounding and reprocessing plants next year, near existing facilities. One plant will produce Cortec’s 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,” concludes Miksic.

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