Dow builds Stake in Russian Construction Market with Investment in Moscow XPS Plant
SpecialChem
- Nov 7, 2005
The Dow Chemical Company announced that it is investing in
the construction of a Russian plant for the production of STYROFOAM™ extruded
polystyrene insulation boards (XPS), thermal insulation products designed to increase
the energy efficiency of homes and commercial buildings. The
plant, to be built in the village of Kryukovo, 57km from the Moscow ring road,
will enable Dow's Building & Construction business to produce STYROFOAM products
for supply to central Russia as well as to customers in Belarus, Kazakhstan and
Ukraine. The decision makes Dow the first international
XPS producer to invest in a Russian production facility - a natural step for the
Company following ten years of successful...
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