PREISS-DAIMLER
Russian glass fibre facility officially starts up / Investing in Chinese joint venture and carbon fibre reinforcements
 The official inauguration of the new glass fibre production line in Alabuga, Tatarstan. From left: Rustam Minnikhanov (president of the Republic of Tatarstan), Elvira Nabiullina (Russian minister for economic development), Schafagat Tachautdinov (Tatneft chief executive), Sven Morlok (economic minister of the German federal state of Saxony) and Jürgen Preiss-Daimler (Photo: Preiss-Daimler) |
On 1 July 2010, the Preiss-Daimler (P-D) Fibre Glass Group (www.pd-fibreglass.com) officially inaugurated a glass fibre plant in Tatarstan’s Alabuga special economic zone. The plant will be run by P-D Tatneft-Alabuga Fiberglas, a 50:50 joint venture P-D entered into with Russian oil giant Tatneft (Almetyevsk; www.tatneft.ru) in 2007.
P-D supplied the technical know-how for what it says is Russia’s most modern glass fibre plant, while Tatneft apparently paid most of the EUR 84m investment costs. Some 300 workers will be employed at the plant which has a nameplate glass fibre capacity of 20,000 t/y, consisting mostly of direct rovings, mats and glass fibre reinforcements earmarked for the Russian market. “We have found a reliable partner in Tatneft,” said Preiss-Daimler group president Jürgen Preiss-Daimler, adding that he expects the two companies to build on this cooperation in the future. He did not give any further details.
Germany’s only glass fibre manufacturer, P-D Fibre Glass Group is part of Preiss-Daimler (Wilsdruff / Germany; www.pd-gruppe.de). The family-run business employs some 7,400 workers worldwide and generated sales of EUR 728m in 2008. Last year saw revenues drop 30%, although the numbers apparently did not dip into the red. When asked by PIE, P-D Fibre Glass Group managing director Joeran Pfuhl declined to comment further on the financial details.
Pfuhl did say, however, that the group’s glass fibre business, centred at P-D Glasseiden Oschatz (Oschatz / Germany; www.glasseide-oschatz.de), had a total fibre capacity of 60,000-70,000 t/y, adding that it runs plants in Germany, France, Belgium, the UK and Latvia. The group turns the glass fibres into rovings, mats, reinforcements and multi-axial reinforcing fabrics. Of late, P-D has focused on rotor blades for wind energy facilities. In March this year the group started up a carbon fibre reinforcement plant in Bitterfeld-Wolfen / Germany.
Aside from its Russian joint venture, P-D also operates a 50:50 jv with Jushi Group (Tongxiang, Zhejiang / China; www.jushi.com), the world’s largest fibre glass manufacturer. PD Jushi Interglas (Tongxiang, Zhejiang / China) is expected to expand its capacities in 2011.
P-D supplied the technical know-how for what it says is Russia’s most modern glass fibre plant, while Tatneft apparently paid most of the EUR 84m investment costs. Some 300 workers will be employed at the plant which has a nameplate glass fibre capacity of 20,000 t/y, consisting mostly of direct rovings, mats and glass fibre reinforcements earmarked for the Russian market. “We have found a reliable partner in Tatneft,” said Preiss-Daimler group president Jürgen Preiss-Daimler, adding that he expects the two companies to build on this cooperation in the future. He did not give any further details.
Germany’s only glass fibre manufacturer, P-D Fibre Glass Group is part of Preiss-Daimler (Wilsdruff / Germany; www.pd-gruppe.de). The family-run business employs some 7,400 workers worldwide and generated sales of EUR 728m in 2008. Last year saw revenues drop 30%, although the numbers apparently did not dip into the red. When asked by PIE, P-D Fibre Glass Group managing director Joeran Pfuhl declined to comment further on the financial details.
Pfuhl did say, however, that the group’s glass fibre business, centred at P-D Glasseiden Oschatz (Oschatz / Germany; www.glasseide-oschatz.de), had a total fibre capacity of 60,000-70,000 t/y, adding that it runs plants in Germany, France, Belgium, the UK and Latvia. The group turns the glass fibres into rovings, mats, reinforcements and multi-axial reinforcing fabrics. Of late, P-D has focused on rotor blades for wind energy facilities. In March this year the group started up a carbon fibre reinforcement plant in Bitterfeld-Wolfen / Germany.
Aside from its Russian joint venture, P-D also operates a 50:50 jv with Jushi Group (Tongxiang, Zhejiang / China; www.jushi.com), the world’s largest fibre glass manufacturer. PD Jushi Interglas (Tongxiang, Zhejiang / China) is expected to expand its capacities in 2011.
15.07.2010 Plasteurope.com [216764]
Published on 15.07.2010
German version of this article...