MOSCOW (MRC) - Penoplex, the largest Russian producer of extruded polystyrene foam, is investing in expanding a site for the production of thermal insulation in Uzbekistan, the company said.
The launch of a new line for the production of thermal insulation from extruded polystyrene foam in the city of Angren, Tashkent region of Uzbekistan, will allow the company to increase its production capacity by 450,000 tonnes m3 of thermal insulation boards per year.
The additional line will not only provide an opportunity to expand the range of products within the region, but will also fully satisfy the growing demand for high-quality building materials in neighboring countries - Tajikistan and Kyrgyzstan. The launch of the new line is scheduled for 2022.
In the summer of this year, Penoplex launched a plant for the production of thermal insulation from extruded polystyrene foam (XPS) in the Ungheni-Business economic zone of the city of Ungheni, Republic of Moldova.
According to MRC's ScanPlast, the estimated consumption of polystyrene and styrene plastics for ten months of this year amounted to 469.95 thousand tons, which is 15% higher than the same indicator a year earlier. In October, the total estimated consumption was 50.06 thousand tons, 4% more than the total consumption in October 2020.
Penoplex products are exported to more than 30 countries around the world. The company includes 13 production sites: ten in Russian cities, as well as three factories abroad. The sites are equipped with modern laboratories, where each batch of materials is tested. They are equipped with equipment from leading world manufacturers.
MRC