# Metadynea to expand formaldehyde resins capacity in Orekhovo-Zuyevo by 200,000 tons

Metadynea, part of Metafrax Group, decided to expand its formaldehyde resins production capacity in Orekhovo-Zuyevo by 200,000 tons to 600,000 tons, with a project cost of 2.5 billion rubles.

- Type: Expansion
- Announced: 2020-10-15
- Where: Orekhovo-Zuyevo, Russia
- Value: $32.0M (2.50B RUB)
- Status: announced
- Capacity: 200,000 tons per year
- Products: formaldehyde resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Metadynea](https://endata.com/companies/44692.md)
- [Metafrax](https://endata.com/companies/21713.md) (partner)

## Sources

- [metadynea.ru](https://www.metadynea.ru/en/article?slug=company-extends-the-resins-production), 2020-10-23: "The Board of Directors of Metadynea decided middle of October to extend enterprise capacities for formaldehyde resins production in Orekhovo-Zuyevo by 200 thousand tons."

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