Russia: USD 64.5 million glass bottle plant for Kaluga region

Plans are in the pipeline for a USD 64.5 million glass bottle plant by 2006 in the Kaluga region, southwest of Moscow, said Alexei Golovorodko head of foreign economic activity at the regional adminis…

Plans are in the pipeline for a USD 64.5 million glass bottle plant by 2006 in the Kaluga region, southwest of Moscow, said Alexei Golovorodko head of foreign economic activity at the regional administration“s regional development. The regional administration is working to put together a pool of investors, as several foreign companies have already expressed their interest in being involved, Golovorodko said. The company to build the plant will be decided by competitive tender with the winner announced in late March 2003. The plant will have a production capacity of 770-820 million bottles a year. It will produce standard 0.5-liter beer and vodka bottles, as well as custom shaped bottles on request for alcohol products. Construction should begin in 2004 and be completed in 2006. However, it is expected that the first production line will become operational within six months of the start of construction work, Golovorodko noted.