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The joint venture P-D Tatneft-Alabuga Steklovolokno plans to invest 883 million rubles to expand and modernize its fiberglass production in the Alabuga special economic zone, increasing capacity by 31% to 31,800 tonnes per year.
Porcher Industries has completed the acquisition of Interglas Technologies GmbH, a German producer of technical fabrics for aeronautic, industrial, electrical and building applications, from the Preiss Daimler Group.