Austrian masterbatch specialist Gabriel-Chemie Group is expanding the capacity of its subsidiary in Russia, said the company in a statement announcing the news. Founded in 2007, the subsidiary is adding capacity to meet the increasing demand for masterbatch in the Russian region and the neighbouring countries of Azerbaijan, Kazakhstan and Belarus.
Gabriel-Chemie CFO Andreas Berger and the Governor of the Kaluga oblast Anatoly Artamonov signed an investment agreement on 3 August providing for the construction and operation of a masterbatch plant in the Vorino industrial park in the Kaluga oblast (region).
A completely new masterbatch production facility will be constructed in four stages on the 27,000-square meter site. Completion of the first step – involving a 260m rouble investment to build a 2,000 t/y capacity plant equipped with modern, environmentally friendly production technology - and the relocation from the existing location in Dorokhovo (Moscow region) are planned by the end of 2018. Production capacity will be increased step by step, ultimately reaching 20,000 t/y after construction is complete.
The demand for colorants in the region is high, said Governor Artamonov. Gabriel-Chemie has also seen a measurable increase in the demand for other additives, as well.
"We have noticed an increasing interest in functional additives such as flame retardants, infrared absorbers and laser additives,” noted Andreas Berger.
The 2,000-hectare industrial park Vorsino is about 90 kilometres southwest of the Moscow city centre and attracts numerous Russian and international corporations, due to its excellent infrastructure and transport connections. As many as 37 companies are now investing in the new location or are already sited there.