# TechnoNicol SV to invest RUB 1.75B in fiberglass plant modernization in Serpukhov

TechnoNicol SV is investing 1.75 billion rubles in modernizing its fiberglass plant in Serpukhov, Moscow region, including a new glass-melting furnace and environmental equipment. The modernization is planned for completion in Q2 2026.

- Type: Investment
- Announced: 2024-10-24
- Where: Serpukhov, Moscow region, Russia
- Value: $18.0M (1.75B RUB)
- Starts operating: Q2 2026
- Status: announced
- Capacity: nearly 2 million cubic meters per year
- Products: fiberglass insulation, mineral wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [TechnoNicol SV](https://endata.com/companies/80616.md)

## Sources

- [vedomosti.ru](https://www.vedomosti.ru/press_releases/2024/10/24/17-mlrd-rublei-investiruyut-v-modernizatsiyu-predpriyatiya-po-vipusku-steklovolokna-v-podmoskove), 2024-10-24: "Замена оборудования на серпуховском заводе стекловолокна проходит в рамках проекта модернизации, которая направлена на повышение экологической безопасности производства."

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