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Investors from China will build a plant for foam glass production near Penza

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Investors from China will build a plant for foam glass production near Penza

Investors from China are going to build a powerful plant for foam glass production.

As the regional press office told Construction.ru, the regional authorities have discussed the project’s implementation with representatives from the Chinese company Gansu Pengfei Insulating Material. The plant is to be constructed in Kizhevatovo Village on the territory of the ‘Otvel’ industrial park.

The investors consider the Penza region to be a prospective location for production facilities. Four technological lines will be built. 120,000 m3 of the product will be produced per year.

The investment volume will total about $60m. 60 jobs will be created there.

Foam glass is used in oil chemistry, defense projects, store equipment production etc.

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