Henkel plans to open construction mix plant in Ulyanovsk in 2010
MOSCOW. Nov 19 (Interfax) - German Henkel plans to start up a dry construction mix plant in Ulyanovsk region in 2010, the head of Henkel's household glue division in Russia, Alexei Ananishnov, said at a press conference on Thursday.
Construction of the plant, which has capacity for about 200,000 tonnes of output a year, began in late 2007. The plant was initially scheduled for startup in 2008. It will produce product under the Ceresit and Thomsit brands.
Despite a challenging construction sector, sales of the glue and technology division rose in Russia in 2009, Ananishnov said.
The president of Henkel in Russia, Peter Gunther, said the company expects double-digit growth compared with 2008. He also said that all the company's divisions in Russia had posted organic growth this year.
Henkel had sales totaling about 800 million euro in Russia in 2008, 28% more than in 2007.
Henkel signed an investment agreement with Ulyanovsk region on construction of the plant in June 2007. Investment was expected to total about 7 million euro.