Capacity at the plant is around 50,000 tonnes a year. “Adding phenolic resins into our offering in Russia strengthens our position as a leading solutions provider,” said Joni Lukkaroinen, senior vice-president of Dynea’s Europe North region and chairman of the board of the joint venture company MetaDynea.
He said the markets in Russia were growing rapidly and the strategic location in Gubakha gave good connnections to developing markets – from the Ural regioin to central Russia.
MetaDynea has recently begun construction of another production site in western Russia which will have an annual production capacity of 400,000 tonnes of adhesive resins and 200,000 tonnes of formaline. The plant will be fully operational by the end of 2007.
