Bank Of Baku

Azerbaijan plans to build insulation plant

Azerbaijan plans to build insulation plant
# 19 September 2008 14:00 (UTC +04:00)
Baku. Vugar Mustafayev - APA-Economics. With support from the Government of Azerbaijan, Turkey’s Evim Izolasyon intends to establish a plant manufacturing insulating materials, including geomembrane and bitumen coatings in the country.
Rahman Rasulzade, the company’s officer for sales, marketing and construction, told APA-Economics that the project is estimated to cost AZN 3-4 million.
Besides, the company plans to set up a plant for producing Expanded Polystyrene Insulation (EPS) for thermal insulating materials originally developed in Europe in 1960s.
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