Russian insulation manufacturer TechnoNicol Corporation is growing its polymer based materials production capacity beyond Russia with plans to build a new heat insulation plant neighbouring Belarus.
The company has announced it intends to establish a new unit to produce insulation based on extruded polystyrene (XPS) foam in the central Belarus city of Osipovichi. It is due to take shape from the third quarter of this year, said TechnoNicol.
TechnoNicol, headquartered in Ryazan near Moscow, Russia, is investing around €12m to set up its latest facility which is expected to serve growing export markets in the European Union.
Just 25% of the XPS material operation’s output is scheduled to be sold in the Belarus domestic market with the rest targeting customers in Scandinavia and Eastern Europe, according to the Russian group.
“TechnoNicol company is consistently expanding its international presence. Construction of this plant in the Belarus Republic is a logical step to strengthen the position of the corporation in European markets,” explained Sergey Kolesnikov, the group’s president and co-founder.
‘Polymer insulation’ is a key product in the TechnoNicol portfolio and last year the firm manufactured more than 2.6million cubic metres of XPS product at seven separate plants.
The new plant, not expected to be launched until 2021, is set to be equipped with modern automated production equipment supplied by the German company Berstorff GmbH.
The facility will offer a wide range of insulation products including XPS slabs with a milled surface for facade work, materials from 10mm to 500mm thick and standard product lines, said TechnoNicol.
“Construction of the plant in Belarus will provide the local market, as well as neighbouring EU countries with high quality thermal insulation. We will not only reduce logistics costs but also provide a high level of service and services European consumers appreciate so much,” commented Alexei Kasimov, chief executive of the ‘polymer insulation’ division.