Russia: Teplex, a Russian producer of insulation materials, has ordered new equipment to increase its output of extruded polystyrene (XPS) to 500,000m3/yr. The increase in production will give the company a 15% share of the Russian market and meet the demand in the Central, North-Western and Volga Federal Districts of the country. The new equipment will begin production by early 2013.
The company is also in talks to move part of its operations to Novosibirsk in Siberia to meet the needs of the local regional market. The new plant is expected to produce 200,000m3/yr of XPS and will begin operation by early 2014.
