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Dagestan launches Russia's only enterprise for production of glass balls

17 September 2022 11:13 Posted in:  BUSINESS
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Russia's only enterprise for production of glass balls "Kaspi Glass" has been launched in the city of Dagestanskie Ogni. The opening ceremony was attended by the deputy Prime Minister of Russia Denis Manturov and the Head of Dagestan Sergei Melikov.
The glass balls are the main raw material for the production of glass fibers in a two-stage production process. Glass beads are poured into the furnace for melting and then glass fibers with the necessary technical characteristics are pulled out. The fiberglass, glass roving, glass fabrics are made of the stretched fiberglass yarns.

For the most part Russian raw materials and equipment are used in the production. The capacity of the enterprise is 2,400 tons per year. The production will be supplied to the Caspian Fiberglass Plant, Makhachkala Fiberglass Plant and other subjects of Russia.

As for state support measures, the enterprise received the status of a resident at "Dagestanskie Ogni" Territory of Advanced Socio-Economic Development and a loan from the regional Industrial Development Fund.



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