# TECHNONICOL plans two investment projects in Ryazan, Russia

TECHNONICOL plans to invest 1.7 billion rubles to build a geotextile production line using recycled plastic bottles and a geomembrane production line in Ryazan, Russia, creating 74 jobs. The geomembrane project is expected to be completed by 2024.

- Type: Investment
- Announced: 2023-06-30
- Where: Ryazan, Russia
- Value: $18.8M (1.70B RUB)
- Jobs: 74
- Starts operating: 2024
- Status: announced
- Capacity: 7.5 million square meters of geomembranes per year
- Products: geotextiles, geomembranes
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Technonicol](https://endata.com/companies/28410.md)

## Sources

- [news.unipack.ru](https://news.unipack.ru/94139/), 2023-06-30: "Каждое соглашение – это крупный инвестиционный проект на территории региона."

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