Azerbaijan: Matanat-A has inaugurated a new US$25.3m, 1.5Mm³/yr stone wool insulation plant in Baku’s Garadagh District. Azer News has reported that the plant is equipped with systems produced in Germany, Türkiye and the US. The Azerbaijan Business Development Fund contributed a loan of US$5.88m. The Baku plant will supply the domestic stone wool insulation market, along with the Georgia, Central Asia and Middle East export segments.
Matanat-A launches Baku stone wool insulation plant
