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Russia: OST Group launches new bottle facility

The OST Group, one of Russia“s most important manufacturers of alcoholic and nonalcoholic drinks, has launched a new glass bottle plant in the Moscow region town of Dmitrov, project chief Mikhail Tol…

The OST Group, one of Russia“s most important manufacturers of alcoholic and nonalcoholic drinks, has launched a new glass bottle plant in the Moscow region town of Dmitrov, project chief Mikhail Tolkushkin told reporters. The USD 25 million plant will have an annual production capacity of 130 million bottles. The official opening ceremony is scheduled for 11 July 2003. OST is currently building another glass bottle plant in the Moscow region town of Elektrostal, Tolkushkin said. This plant, which is scheduled to become operational in about nine months, will be able to produce 250 million bottles per year. The cost of the project is about USD 36 million. OST is confident that, with the two new plants, the company will be able to fulfill its own demand for glass bottles as well as sell about 35% of output. Bottles are currently imported mainly from the Ukraine and Latvia. Analysts say the quality of Russian glass bottles is not up to standard. Tolkushkin also revealed another OST project in Dmitrov. The company recently bought an alcoholic beverage plant in the town that will be registered as the Dmitrov Alcohol Products Plant, along the lines of the group“s Chernogolovka Alcohol Products Plant, he said. Following an overhaul, the plant production capacity will be doubled to 10 million 0.5-liter bottles of alcohol, from the current 5 million. The OST Group, founded in 1995, now includes about 30 companies, including nonalcoholic beverage maker OST-Akva, and the Chernogolovka distillery. The group now employs about 3,000 people. With the launch of the new facilities, the workforce will grow to 10,000.

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