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TechnoNICOL to Establish New Stone Wool Plant in Khabarovsk

ial

In a significant move to bolster its production capacity, TechnoNICOL has entered into a partnership with the Corporation for the Development of the Far East and the Arctic (KRDV) to construct a new stone wool insulation plant in Khabarovsk Krai. The project, valued at US$29.3 million, aims to produce 400,000m³ of stone wool annually.


The new facility will be TechnoNICOL's third plant in the region, reflecting the company's commitment to expanding its presence in the Russian Far East. The plant is projected to create 140 new jobs, contributing to the local economy and supporting regional development initiatives.


Construction is set to begin following the submission of surveys and design documentation, which are expected by June 2025. The plant's commissioning is slated for late 2026 or early 2027, further cementing TechnoNICOL’s role as a key player in Russia’s insulation market.


This investment aligns with TechnoNICOL's strategy to enhance production efficiency and meet the growing demand for high-performance insulation materials in Russia and neighboring countries.

Source: Global Insulation

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