# Technonicol subsidiary to build nonwoven glass mat plant in Ryazan

OOO Nikoglass Ryazan, a subsidiary of Technonicol Corporation, plans to build a new plant in Ryazan, Russia, to produce nonwoven glass mat using wet (paper) technology. The investment is 4,227.83 million rubles, with production capacity of 250 million square meters per year, creating 48 jobs. Start-up is planned by 2023.

- Type: New facility
- Announced: 2021-09-15
- Where: Ryazan, Ryazan Oblast, Russia
- Value: $57.5M (4.23B RUB)
- Jobs: 48
- Starts operating: 2023
- Status: announced
- Capacity: 250 million square meters per year
- Products: nonwoven glass mat
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nikoglass Ryazan](https://endata.com/companies/57755.md)
- [Technonicol](https://endata.com/companies/28410.md) (investor)

## Sources

- [rv-ryazan.ru](https://rv-ryazan.ru/v-ryazani-poyavitsya-novoe-proizvodstvo-netkanogo-stekloxolsta/), 2021-09-15: "Планируется, что к 2023 году новый завод будет производить 250 млн. кв. метров нетканого стеклохолста в год."

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