Polotsk-Steklovolokno : enterprise starts attraction of a strategic investor

Joint Stock company «Polotsk-Steklovolokno» (JSC «Polotsk-Steklovolokno») expresses its respect and wishes prosperity to your business.

At the present time a decision has been taken to develop an issue of attraction of a strategic investor for JSC «Polotsk-Steklovolokno» with further sales to the investor of shares of a joint stock company. We are ready to discuss also other variants of joint cooperation.

JSC «Polotsk-Steklovolokno» proposes to you to be a co-founder of our joint stock company. In case of your interest for detailed study of the present proposal please find attached more detailed information about the joint stock company and about the Republic of Belarus.

Foundation of a commercial organization with foreign investments for production of chopped strand mat.

Implementation of the project of foundation of JV Ltd. Will allow to attract foreign investments for creation of high technological, high effective production of chopped strand mat.

Location of JV Ltd. will be on production areas of JSC «Polotsk-Steklovolokno», where there are necessary industrial communications, supply of missing communications is possible. It is planned to use roving manufactured at JSC «Polotsk-Steklovolokno».

The volume of the products manufactured as the result of project implementation, namely, CSM) will be sold at the markets of the Republic of Belarus and the Russian Federation.

The capacity of the equipment is about 7 000 thousand glass mat per year. Achievement of maximum capacity is scheduled in 2013. During the first year of project implementation it is planned to produce and sell 4 000 tons of CSM.