# Metafrax Group to build third formalin plant at Moscow-area site

Metafrax Group began construction of a third formalin plant at its Moscow-area site, with a project cost of about 1.7 billion rubles, scheduled to finish within 2.5 years.

- Type: Expansion
- Announced: 2020-10-15
- Where: Moscow area, Russia
- Value: $22.0M (1.70B RUB)
- Starts operating: Q2 2023
- Status: under construction
- Products: formalin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [metadynea.ru](https://www.metadynea.ru/en/article?slug=company-extends-the-resins-production), 2020-10-23: "The Company began construction of the third formalin plant at the Moscow – area site."

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