Tatarstan President takes part in event to mark the start construction of a new Grodan plant in Alabuga Special Economic Zone


On September 13, in the Alabuga Special Economic Zone, Tatarstan President Rustam Minnikhanov, CEO of Rockwool-Volga factory Maksim Vasilyev and Director General of the Alabuga Special Economic Zone Timur Shagivaleev took part in an event to mark the start of construction of a new Gordan plant for the production of plant substrates.

Being the initiator and investor of a new project, Rockwool-Volga, the current resident of the Alabuga SEZ, plans to invest 500 million roubles in the new project.

Speaking at the ceremony, Minnikhanov noted that Rockwool is a strategic partner for Tatarstan. "A landmark event has taken place today. The construction of a new production line at the Alabuga SEZ has started. This is one more project of Rockwool Company, with which we have been cooperating for five years. The new plant will manufacture a very popular product - stone wool substrate that will meet needs of our republic and the Russian market as a whole," Tatarstan President said.

Vasilyev said that the implementation of the new project should become another success story. "Rockwool stone wool products increase the energy efficiency of our buildings and structures. And Grodan's products will allow our agricultural inrustry to grow foodstuff and save resources," he added.

Then, Minnikhanov and Vasilyev planted a spruce seedling to mark the start of construction of the new Gordan production line.

The construction of the production building will be carried out by Alabuga Development Company, a subsidiary of the Alabuga SEZ, established to provide general contracting services to residents of the special economic zone. The Rockwool project will be the first order for the new organization. The building for the new production line will be attached to the existing plant. The construction is scheduled to be completed next summer.

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