Insulation industry news from Global Insulation
Kazakhstan: Russia-based TechnoNICOL has begun building its upcoming US$124m Karaganda insulation plant. Interfax Kazakhstan Newswire has reported that the plant will export 30% of its insulation to Russia. Additionally, it will export some insulation to China, Kyrgyzstan, Mongolia and Uzbekistan.
Kazakhstan: TechnoNICOL has inaugurated its new US$20m, Almaty extruded polystyrene (XPS) insulation plant in the Kairat Industrial Zone. Once fully operational, the plant will have a capacity of 400,000m3/yr, AK&M News has reported. Exports to Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will follow the launch of the plant’s products on the Kazakh market later in 2024.
Kyrgyzstan: The Russian-Kyrgyz Development Fund plans to expand a thermal foam insulation plant at Besh-Kungei in the Chui region in 2017. The project will cost US$1.67m, with 66% of the funding provided by the Russian-Kyrgyz Development Fund and the remainder by local businesses. The upgrade is part of a umbrella of investments being made by the fund in 2017.
