Roll Roofing Materials Water-Proofing Materials Waterproofing for Transport Facilities Sound- and Water Insulating Materials Polymeric Membranes Stone wool Heat Insulation Flame Resistant and Technical Insulation Extrusion Polystyrene Composite Tiles Flexible Tiles Mastics and Bitumen Profiled Membranes
Top managers of TechnoNICOL and the head of Karaganda region of Kazakhstan signed a Memorandum of Cooperation
The company is planning to build heat insulation production facilities in Kazakhstan investing a total amount of 2.55 bln Russian rubles.
Sergey Kolesnikov, President of TechnoNICOL, met the head of Karaganda region Nurmukhambet Abdibekov to discuss the investment project. TechnoNICOL is planning to build several factories to produce Stone wool and XPS heat insulation materials in Saryarka special economic zone which is located in Karaganda region.
According to the investment plan TechnoNICOL will invest 2 bln rubles in Stone wool material production facility with a capacity of 80 tons per year and 550 mln rubles in XPS production facility with a capacity of 300 thousand cubic meters per year. The project will be implemented in 2014-2016. The two new factories will create 285 new jobs. They will be equipped with modern production lines of leading European brands.