Report by Richard Higgs
Volgograd, Russia -- Italian insulating products manufacturer Isopan has launched a new €20m PU sandwich panels plant near Volgograd, Russia – one of the firm’s biggest facilities to date.
Isopan is also due to add another plant in Mexico this year.
The new 11,000m2 Russian facility at Volzskij, constructed with backing from Simest, the Italian state-run financial agency which supports international development by national companies, includes two production lines with an annual panel capacity of 3m m2 .
Isopan, after just two months in the Russian market, has already secured a significant order to supply 5,200m2 of cladding panels for a new arena of the Russian premier league basketball team BC Krasny Oktyabr Volgograd.
Simest is also an investor in the project, holding a 24.9% in the company’s Russian subsidiary Isopan Rus.
Trevenzuolo, Italy-based Isopan, which is part of the 70-year-old Italian steel processing company Gruppo Manni of Verona, produces steel/PU insulating panels for roof and wall applications, primarily in industrial buildings.
Before the end of 2015, Isopan plans to break into the NAFTA region market when it is due to launch its eighth insulating panel plant, this time at Guanajuato, Mexico. It already has other plants at Patrica and Trevenzuolo in Italy; Tarragona, Spain; Merignac, France; Bucharest, Romania; Prague, Czech Republic and Wettin in Germany.
With the new operation in Mexico, Isopan’s overall capacity will reach 20m m2 over two continents, making it the world’s second ranked sandwich panel manufacturer in volume terms, it claims.