Private industrial park in Stavropol Region (Russia) to produce basalt composites

The manufacture of basalt composite fabrics, textile and reinforcement rods will be among the three areas of activity the new industrial park in the city of Mineralnye Vody to undertake. The founding initiator of the industrial park is Vector KVM.

Carrying out expert evaluations and updating business plans and feasibility studies of investment projects for the production of continuous basalt fiber, staple fiber and basalt composite products.

Several companies have already expressed their desire to invest in the industrial park in order to become its resident after a time. The manufacturing sites will be located next to the existing logistics center of Vector KVM.

The project to set up a regional industrial park in the city of Mineralnye Vody has been backed by the region and city authorities. The representatives of regional and city administrations have already visited the construction site, and they are expected to come into the group working on the preparation and implementation of this project.

At present time, the Stavropol Region has the only private industrial part called Master, which is a part of KamAZ holding.

Countries: Russia

Industries: Construction

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