A new plant to start operating in Hajigabul

17:51 - 27 January 2023

January 27, Fineko/abc.az. A plant for production of thermal insulation boards is expected to start operating in the Hajigabul industrial quarter from this May.

ABC.AZ reports that it was informed by Rashad Rahimov, the director of Penoplex Prikavkazye LLC (a resident of the Hajigabul industrial quarter).

He added that work is currently underway on the construction of the plant. The plant plans not only to sell its output in the country's market, but also to export them to Georgia and Central Asian countries.

The production capacity of the plant is 100,000 cu m of plates. Penoplex Prikavkazye LLC plans to invest $10 million in the plant's activities.

Penoplex Prikavkazye LLC is a company with Russian capital.