Basalt Projects Group of Companies opens the representative office in India

Basalt Projects Group of Companies in cooperation with the international company IBel Trading Limited opens representation office in Republic of India. The main goal of cooperation – development of the basalt industry in India and the nearby countries, such as Nepal and Bangladesh.

According to arrangements, Basalt Projects Group provides technological solutions for the implementation of projects on creation of the continuous basalt fiber (CBF) and composite materials based on it, as well as render comprehensive assistance in expansion ofexisting markets andsearching for the new markets and application of basalt products by improving normative framework of the industry in the country to meet modern standards.

Regarding state standards Russia and India have a lot of coincidence because the considerable part of the large enterprises in the country was created at the time of the USSR by the Soviet experts.

Reached agreements are actual in the light of results of the Russian-Indian summit which took place in December, 2014 in Delhi which laid the beginning of the intensification of trade and economic relations between the two countries in almost all industries.

“In a bilateral format agreed to support more strongly joint hi-tech, industrial and scientific projects”, – the president of Russia Vladimir Putin told concerning negotiations with the prime minister of India Narendra Modi.

For Basalt projects company this is not the first entry into the perspective foreign markets: in the second half of 2015 the agreement about participation of the company in construction of plant on production of CBF and composites in Saudi Arabia was signed and steps into the Chinese market are made.

JSC “Basalt Projects” (Russia) – provides a full range of consulting, engineering and management services on creation of production plants for basalt fiber and basalt fiber-based semi-finished products.

IBeL Trading Company Limited (UAE) gathered an international team of engineers, production workers, financiers, marketing specialists, economists, scientists and international companies, accumulated their knowledge base and experience in the sphere of mining and gas, energy industry, metallurgical and chemical industry which are priority activities of the company. At the moment IBeL Trading Limited actively develops other directions of business, including basalt technologies.

Companies: Basalt Projects Group

Countries: India, Kingdom of Saudi Arabia, Russia, United Kingdom

Industries: Construction, Energy

Terms: Basalt fiber application, Composite materials

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