Basalt projects group of companies intends to enter the Chinese market

The delegation from Basalt projects visited China in early September 2015 at the invitation of the Investment Fund and governments of a number of Chinese provinces. JSC Basalt projects was represented by CEO Maxim Anatolievich Chernykh and CTO Alexander Gennadievich Novitsky.

The parties discussed the terms of building the continuous basalt fiber (CBF) plant in China with planned capacity of over 5000 tons / year, and also the prospect of raising investments into the Russian basalt industry. The host country has shown interest in the raised issues.

Preliminary, the representatives of the Chinese investment industry expressed their willingness to participate in the Russian projects in the field of CBF production and basalt fiber composites.

The parties are going to discuss the terms of cooperation in the near future during the return visit of Chinese investors at the invitation of JSC Basalt projects.

JSC Basalt projects (Russia) is a company, offering complete solutions for the construction of continuous basalt fiber (CBF) production facilities and implementing projects of any complexity on a turnkey basis.

Companies: Basalt Projects Group, Russian Basalt (Meltrock)

Countries: China, Russia

Persons: Maxim Chernykh

Industries: Construction, Finance & Investment

Terms: Investment

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