KAZAN, April 4 (Itar-Tass) — A new plant built by the Danish Rockwool Copmpany is to be put into operation in the Alabuga special economic zone on Wednesday. A ceremony marking this occasion will be attended by Russian Minister of Economic Development Elvira Nabiullina, Danish Minister of Trade and Investments Pia Olsen Dyhr, and Tatarstan's President Rustam Minnikhanov, an official in the press service of the Head of the Republic has told Itar-Tass.
The enterprise, the foundation-stone of which was laid at the bank of the Kama River in May 2008, according to Nick Vince, Rockwool Company Director-General for Russia and the Commonwealth of Independent States, will produce 110,000 tonnes of rockwool heat-insulating material for the insulation of roofs, facades, floors,houses and other buildings. The plant shops will also turn out refractory and sound-absorbing plates for capital construction.
The Rockwool is a fifth industrial enterprise coming into operation in the Yelabuga SEZ for industrial production. The SEZ was established by a Federal government decision dated 2005 and rendered open in November 2007. Since then, 25 resident companies from Russia, Germany, Japan, Italy, the United States, Turkey, France have been registered there. Another four companies are currently in the process of formalizing their residence status.