# NZIV to build basalt fiber insulation plant in Novosibirsk

AO NZIV has started implementing a project to create an automated production facility for high-quality basalt fiber thermal insulation materials in Novosibirsk, with a capacity of 15,000 tons per year. The project is expected to be completed in three years.

- Type: New facility
- Announced: 2018-08-03
- Where: Novosibirsk Oblast, Russia
- Value: $32.0M (2.00B RUB)
- Starts operating: 2021
- Status: announced
- Capacity: 15,000 tons per year of thermal insulation materials
- Products: basalt fiber thermal insulation materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AO NZIV](https://endata.com/companies/33551.md)

## Sources

- [infopro54.ru](https://infopro54.ru/news/nziv-pristupil-k-realizacii-proekta-po-proizvodstvu-bazaltovogo-volokna/), 2018-08-03: "АО «НЗИВ» приступил к реализации проекта «Создание автоматизированного производства высококачественных теплоизоляционных материалов из 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.