# NZIV to build basalt fiber insulation plant in Novosibirsk

Novosibirsk Artificial Fiber Plant (NZIV), part of Rostec, announced plans to build a new production facility for basalt fiber thermal insulation materials. The plant will have a capacity of 15,000 tonnes per year, with investments of 600 million rubles. Construction starts in 2018, with launch expected by end of 2020 and full capacity in 2021.

- Type: New facility
- Announced: 2017-10-17
- Where: Novosibirsk, Russia
- Value: $10.3M (600.0M RUB)
- Starts operating: 2020
- Status: announced
- Capacity: 15,000 tonnes per year
- Products: basalt fiber thermal insulation materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Novosibirsk Artificial Fiber Plant](https://endata.com/companies/28014.md)
- [Rostec](https://endata.com/companies/8731.md) (partner)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/3441468), 2017-10-17: "Речь идет о теплоизоляционных изделиях общестроительного назначения и для производства стройматериалов, например сэндвич-панелей."

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