The Caspian fiberglass plant will completely "move" to the Territory of the Advanced Economic Development "Kaspiysk" by the end of the year. In 2018, the plant started implementing the project "Construction of a plant for the production of fiberglass and fiberglass products".
For present, the construction and installation work of the production building has been completed. The production of glass fabrics and meshes has been partially launched, and the remaining equipment, including glass fiber production equipment, is being installed and assembled. RUB 324 million of investment has already been spent and 185 jobs have been created.