![](/templates/proglobalmedia-main/images/globe-blue-whitebg.gif)
Insulation industry news from Global Insulation
TechnoNicol opens Euro27.6m mineral wool plant
30 August 2016Russia: TechnoNicol has opened a Euro27.6m mineral wool insulation production plant in the Khabarovsk region. The plant will have a production capacity of 0.75Mm3, according to Prime News. The products will be sold locally and via export. The company plans to export 20% of its entire output to China in 2019. The insulation producer expects the payback period for the plant to take seven years.
TechnoNICOL plans to supply products to Azerbaijan
10 September 2015Azerbaijan: Russia's TechnoNICOL wants to establish cooperation with Azerbaijan by 2016 to supply the country with insulation materials for industrial and civil projects.
General director of TechnoNICOL's mineral insulation department Irek Allayarov said that it plans to supply Azerbaijan from TechnoNICOL's new 1.3Mm3/yr plant in Krasny Sulin Industrial Park in Rostov, Russia. He added that close proximity to the borders with several countries of the Commonwealth of Independent States (CIS) would make exports ideal. Azerbaijan, Georgia, Turkey and Armenia have all been targeted.
"The plant's products include general construction, technical insulation and materials for fire protection systems. In the future we will consider the production of agricultural products, such as insulation used for the construction of greenhouses," said Allayarov.