# Kaspiysky Zavod Steklovolokna to build textile fiberglass plant in Dagestan

OOO Kaspiysky Zavod Steklovolokna plans to build a glass-melting furnace for producing textile fiberglass with a capacity of 15,000 tons per year in Dagestan, Russia. The investment is 4.1 billion rubles and will create 454 jobs.

- Type: New facility
- Announced: 2024-02-06
- Where: Dagestan, Russia
- Value: $45.0M (4.10B RUB)
- Jobs: 454
- Status: announced
- Capacity: 15,000 tons per year
- Products: textile fiberglass
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kaspiysky Zavod Steklovolokna](https://endata.com/companies/75476.md)

## Sources

- [riadagestan.ru](https://riadagestan.ru/news/tourism_events/zavod_v_dagestane_za_4_1_mlrd_rubley_zapustit_proizvodstvo_tekstilnogo_steklovolokna), 2024-02-06: "ООО «Каспийский завод стекловолокна» планирует реализовать инвестпроект по запуску производства одностадийного текстильного стекловолокна."

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