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Representatives of the Penza Regional Government are negotiating with investors regarding the opening of greenfield plants to produce starch and PU foam, as reported by the Region's Vice-Prime Minister Andrei Luzgin.
New plants expected to be erected in Penza Region
Representatives of the Penza Regional Government are negotiating with investors regarding the opening of greenfield plants to produce starch and PU foam, as reported by the Region's Vice-Prime Minister Andrei Luzgin. "Agreement has been reached in respect of the starch plant with the Belarus party", he said in the course of a daily briefing that took place in the Regional Government's office. A bilateral meeting is now planned involving the Prime Minister of the Belarus Republic, a site has already been selected for the facility and partners are negotiating the delivery of raw materials. The launching of the facility is scheduled for 2018.
Furthermore, the Region's Vice-Prime Minister said that negotiations are ongoing with an investor intending to open a PU foam plant in Kuznetsk who has confirmed his interest in the project and expressed intention to also proceed to the manufacturing of furniture fittings.
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