Moscow — Russian polyurethane foam producer FoamLine is planning a EUR 34m flexible foam plant and a separate mattress production unit at Kuznetsk in western Russia.
Moscow-based FoamLine, Russia’s largest flexible PU foam maker, signed a cooperation agreement for the development with the Penza region administration in April.
Phase one will see construction of a 25 kT/year plant to make PU foam for the furniture sector, including the nearby Kuznetsk industry cluster. Preparation on the site of a former radio equipment factory has begun. The EUR 20m facility will employ 100. Operation is expected to start in spring 2019.
The second stage is expected to cost EUR 13.5m. This will involve rebuilding old factory units. These will house the mattress manufacturing unit which will create 200 jobs.