The Kirishi glass factory (St. Petersburg region), which produces beer bottles, is set to proceed with a project to build a polished sheet glass plant at a nearby site.
The project requires investmen…
The Kirishi glass factory (St. Petersburg region), which produces beer bottles, is set to proceed with a project to build a polished sheet glass plant at a nearby site. The project requires investments of USD 120 million, to be sought from both Russian banks and foreign investors. The project will be implemented by the North Western Glass Company. The annual capacity of the first section of the plant, scheduled to enter service in 2007, will be 5.7 million sq m of sheet glass.