TechnoNICOL company, a resident of Rakitnoe area, which is part of a priority development territory Khabarovsk, plans to launch the manufacture of basalt insulation in the Far East in the third quarter of 2016. TekhnoNICOL company is completing the construction of basalt insulation plant in Rostov Oblast of Russia, the launch is scheduled for this spring.
A new plant in Khabarovsk Krai (the Far East) will produce a variety of insulation materials for civil and industrial construction, according to ДВ-РОСС edition. The company’s products are envisaged to be supplied to the Russian regions of the Far East and Siberia, as well as to China, Korea, Japan etc.
The President of TechnoNICOL company Sergei Kolesnikov states that current economic conditions provide new opportunities for Russian manufacturers to enter the international markets: “We can export modern and high-quality products at competitive prices”.
The total amount of investments in the Far East plant exceeded 1.8 billion rubles. The company is currently finishing the commissioning operations, but the plant is supposed to be launched in full operation in August and September 2016.
In addition to the manufacturing facilities in the Far East, the company is preparing to launch TekhnoNICOL plant for the production of basalt insulation in Krasnosulinsky industrial park of Rostov Oblast. The product range of this enterprise will embrace the entire line of stone wool, including technical and building insulation, fire protection products, as well as mineral substrates for hydroponics.