# Basalt Projects to build basalt fiber plant in Pskov SEZ

AO Basaltovyye Proyekty plans to invest 2.7 billion rubles in a plant producing continuous basalt fiber in the Mogilino SEZ, Pskov region. The project is scheduled for 2017-2019 and aims to increase Russian production from 2,500-3,000 tons to 5,000 tons per year.

- Type: New facility
- Announced: 2017-03-16
- Where: Mogilino SEZ, Pskov region, Russia
- Value: $46.0M (2.70B RUB)
- Starts operating: 2019
- Status: announced
- Capacity: 5,000 tons per year
- Products: continuous basalt fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Basaltovyye Proyekty](https://endata.com/companies/22901.md)

## Sources

- [interfax-russia.ru](https://www.interfax-russia.ru/northwest/news/zavody-po-proizvodstvu-tehnicheskogo-tekstilya-i-bazaltovogo-volokna-planiruetsya-postroit-v-pskovskoy-oez), 2017-03-16: "АО 'Базальтовые проекты' намерено вложить 2,7 млрд рублей в строительство завода по производству непрерывного базальтового волокна."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.