Russia: TechnoNicol increased its production of stone wool by almost 10% to 11Mm3 in 2016 due to new plants, new products and an expanded export portfolio. The company opened two new plants in Rostov-on-Don and Khabarovsk as well as upgrading its equipment at its existing plants. Over US$103m was invested in the production of basalt insulation in 2016.
The insulation producer opened its Khabarovsk plant in the Far Eastern Federal District of the country in August 2016. It announced in late January 2017 that the plant reached its projected production capacity of 0.75Mm3/yr of basalt insulation. Since this plant was opened the company has started exporting insulation materials to China and Canada. It also plans to target Japan, South Korea, Mongolia and Vietnam.
