Latvian company SIA CrossChem continues its rapid growth through the 1st quarter of 2021 and installed a factory in Hungary.

AdBlue® manufacturer SIA CrossChem has installed a new plant 90 kilometres from the Hungarian capital of Budapest with the production capacity of 4 million litres of AdBlue® per month.      

The company’s growth and financial indicators show an upward trend – SIA CrossChem’s turnover in the first quarter of this year exceeded 4.6 million euros, which is 20% more than in the same period last year. Earlier this year, CrossChem signed several investment agreements totalling more than one million euros, thus ensuring the company’s sustainable development and increasing its competitiveness.

The newly opened plant in the Jászberény area will ensure a full-cycle production. CrossChem’s team of Latvian technical specialists, in cooperation with their Hungarian colleagues, performed the necessary assembly, installation and training work within three weeks, which ensures the production of AdBlue® in accordance with the high international standards.

SIA CrossChem is a 100% Latvian-owned company, the only VDA certified diesel exhaust fluid AdBlue® producer in the Baltic’s. CrossChem exports it’s produced products and AdBlue® to more than 60 countries in the world and has affiliates in 16 countries.                                   

This article was originally published in Forbes Baltics in Latvian. Texts may differ from the original because they are abbreviated and adapted to the format of the website