UK: Russia’s TechnoNicol is to spend Euro42m towards upgrading its mineral wool plant in Stirling operated by Superglass. The investment will double the plant’s production capacity to 60,000t/yr. The upgrade work will include installing a new 187t furnace and curing ovens. Cooling, cutting and milling equipment will be replaced and an automatic packing system will be installed. Construction will start early in 2018.
“TechnoNicol’s backing is a real vote of confidence in Scottish manufacturing, both in terms of the quality of the work we do here and the expertise of the workforce. It is a validation of our strategy within Superglass over recent years and very personally satisfying for me to see further consolidation of the initial investment at our regional headquarters,” said Ken Munro, chief executive officer (CEO) of TechnoNicol UK, Ireland and USA which incorporates the Superglass business.
TechnoNicol operates 52 manufacturing facilities across Russia and Europe.
