# Saint-Gobain to build stone wool insulation plant in Siberian Federal District, Russia

Saint-Gobain has decided to build a new plant in the Siberian Federal District to produce high-quality basalt-based thermal insulation materials. The facility will have a capacity of 50,000 tonnes per year, with total investment of 3 billion rubles, and is scheduled to start operations in 2023.

- Type: New facility
- Announced: 2021-02-15
- Where: Siberian Federal District, Russia
- Value: $41.0M (3.00B RUB)
- Starts operating: 2023
- Status: announced
- Capacity: 50,000 tonnes per year
- Products: basalt-based thermal insulation materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md)

## Sources

- [ccifr.ru](https://www.ccifr.ru/news/sen-goben-ukrepit-pozitsii-biznesa-po-proizvodstvu-teploizolyatsii-v-rossii-ukraine-i-stranah-sng-za-schet-stroitelstva-novogo-kamennovatnogo-zavoda-v-sibirskom-federalnom-okruge), 2021-02-15: "Новый производственный комплекс позволит нам лучше отвечать на запросы локального рынка, потребности которого в инновационных энергоэффективных решениях постоянно растут."

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