Article: PROCESSOR BRIEFS.

JV plant will make fiberglass products

ALABUGA, RUSSIA A joint venture between Germany's Preiss-Daimler Group and Russian oil and gas producer OAO Tatneft is constructing a fiberglass products plant in the special economic zone of Alabuga.

The 60 million euro ($94 million) project will launch a facility capable of turning out up to 45.6 million pounds of material and products per year.

P-D Glasseiden GmbH of Oschatz, Germany, will provide technology for manufacturing fireproof and other fiberglass-based products.

The venture will be near major petrochemical, automotive and other industrial enterprises, Almetyevsk, Russia-based Tatneft ...

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