# Caspian Fiberglass Plant expands production in Kaspiysk

Caspian Fiberglass Plant (OOO Kaspiyskiy Zavod Steklovolokna) is implementing a major import-substitution project to expand and modernize production of glass filaments and textile materials in Kaspiysk, Russia. The investment exceeds 2 billion rubles, with first products expected by end of 2024. The plant will produce 584 tons of superfine glass filament and over 150 tons of structural glass fabrics annually, creating 100 new jobs.

- Type: Expansion
- Announced: 2023-08-12
- Where: Kaspiysk, Republic of Dagestan, Russia
- Value: $21.0M (2.00B RUB)
- Jobs: 100
- Starts operating: 2024
- Status: announced
- Capacity: 584 tons of superfine glass filament and over 150 tons of structural glass fabrics annually
- Products: glass filaments, glass fabrics, superfine glass filament
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Caspian Fiberglass Plant](https://endata.com/companies/72022.md)

## Sources

- [xn--b1aedfedwrdfl5a6k.xn--p1ai](https://xn--b1aedfedwrdfl5a6k.xn--p1ai/article/kaspiyskiy-zavod-steklovolokna-rasshiryaet-vypusk-importozameschayuschey-produkcii), 2023-08-12: "Общий объем инвестиций в реализацию данного проекта превысит два миллиарда рублей, а первая продукция с обновленной площадки должна поступить заказчикам уже в конце 2024 года."

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