09 January 2013

Houston-based GSE Holding breaks ground on new manufacturing facility in Suzhou, China

- Facility expected to add 44 million pounds of new capacity 
- Manufacturing facility expected to be completed in late 2013 

Houston - 09 January 2013 (PRNewswire) - GSE Holding, Inc. today held a groundbreaking ceremony at the site of its new manufacturing facility located in the city of Suzhou, Jiangsu Province, in China

"We are excited to begin construction on our first manufacturing facility in China, which keeps us on track towards achieving our stated objective of expanding our presence in faster growing, emerging markets," said Mark Arnold, President and Chief Executive Officer. "We look forward to being able to better serve China, and the entire Asia-Pacific region as those areas experience continued development and industrialization." 

The manufacturing facility is expected to add 44 million pounds of new capacity and be completed in late 2013. Once completed, the facility will have the ability to manufacture the company's entire line of geomembrane products and service the growing demand for landfill expansions, industrial waste containment, coal ash containment and oil and gas fracking in the region. The company anticipates it will incur all of the expenses associated with the construction of the facility in 2013. 

GSE is a global manufacturer and marketer of geosynthetic lining solutions, products and services used in the containment and management of solids, liquids, and gases for organizations engaged in waste management, mining, water, wastewater and aquaculture. 

GSE has a long history of manufacturing quality geosynthetic lining systems and developing innovative products. The Company's principal products are polyethylene based geomembranes, geonets, geocomposites, geosynthetic clay liners, concrete protection liners and vertical barriers. GSE manufactures products primarily to line or cap hazardous and non-hazardous waste landfills, contain materials generated in certain mining processes; and contain water, liquid waste and industrial products in ponds, tanks, reservoirs, sewers and canals. Headquartered in Houston, Texas, USA, GSE maintains sales offices throughout the world and manufacturing facilities in the US, Chile, Germany, Thailand and Egypt

Source: GSE