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Novosibirsk Artificial Fiber Plant (NZIV), part of Rostec, announced plans to build a new production facility for basalt fiber thermal insulation materials. The plant will have a capacity of 15,000 tonnes per year, with investments of 600 million rubles. Construction starts in 2018, with launch expected by end of 2020 and full capacity in 2021.
| Site | Largest | Latest |
|---|---|---|
| Novosibirsk, Russia | $10.3M | 2017-10-17 |