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Technonicol to invest RUB 1 billion in glass fiber production expansion · Endata

◂ Announcements

Nov 8, 2023EXPANSIONChudovo, Novgorod Oblast and Serpukhov, Moscow Oblast, Russia

Technonicol to invest RUB 1 billion in glass fiber production expansion

Technonicol will invest 1 billion rubles in 2024 to modernize production capacities at two glass fiber plants in Chudovo and Serpukhov, Russia, acquired from URSA in 2023. The company aims to increase output of mineral insulation by 30% by 2025.

Value

$11.0M (1.00B RUB)

Starts operating

2025

Status

Announced

Capacity

30% increase in output

Productsmineral insulation based on glass fiber

CompaniesTechnonicol

Sectors#Construction Materials

“Технониколь намерена нарастить здесь объемы производства минеральной изоляции на основе стекловолокна.”mashnews.ru

1 source
mashnews.ru«Технониколь» вложит 1 млрд рублей в расширение производства стекловолокнаМЯГЧЕНКО ОльгаNov 8, 2023

Summarized from public sources; check the original articles before acting on it.

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Oct 26, 2023NEW FACILITYRostov region, Russia$78.0Mops 2026
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Jun 30, 2023INVESTMENTRyazan, Russia$18.8M74 jobsops 2024
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Feb 28, 2023EXPANSIONRyazan, Russia$18.3Mops 28 Feb 2023
Technonicol starts up first spunbond line in Ryazan with 7,200 tpy capacity
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Feb 9, 2022EXPANSIONKrasny Sulin, Rostov Oblast, Russiaops Dec 2022
Technonicol to build greenhouse substrate line at Krasny Sulin plant
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Feb 3, 2022NEW FACILITYNovoulyanovsk, Ulyanovsk region, Russia$170.0Mops Aug 2024
Technonicol to build glass wool plant in Ulyanovsk region for RUB 13 billion
Technonicol metaldaily.ru

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