# Tikkurila to build $42M paint plant in Leningrad Oblast

Tikkurila will invest 2.4 billion rubles (approx. $42 million) to build a decorative and industrial paint production facility and innovation center in the Greenstate industrial park in Lomonosovsky District, Leningrad Oblast, Russia. Construction is planned to start in 2018, with production launch in 2020, creating 300 jobs.

- Type: New facility
- Announced: 2018-02-16
- Where: Lomonosovsky District, Leningrad Oblast, Russia
- Value: $42.0M (2.40B RUB)
- Jobs: 300
- Starts operating: 2020
- Status: announced
- Capacity: 30 million liters per year (initial)
- Products: decorative paints, industrial paints
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tikkurila](https://endata.com/companies/25015.md)

## Sources

- [rcc.ru](http://rcc.ru/article/tikkurila-vlozhit-2-4-mlrd-rubley-v-zavod-dekorativnyh-i-promyshlennyh-krasok-v-lenoblasti-62951), 2018-02-16: "Финская компания Tikkurila построит в Ленинградской области современное производство декоративных и промышленных красок, а также создаст центр инноваций."

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