contents | business | |||||||||
| Saint-Gobain continues to grow in Russia French glass and building materials giant Saint-Gobain is continuing to grow its Insulation Activity in Russia with the acquisition of 25.1% of ZAO ISOROC. Located in Tambov, ISOROC is leader in the Central region for stone wool products, the most commonly used insulation material in the CIS. The Company reported revenues of €46 million in 2011. Through this partnership ISOVER is strengthening its position in the insulation market in Russia and extending its product range. This transaction is in line with the Saint-Gobain Group's expansion strategy in fast-growing high-potential regions and in energy efficiency markets. write your comments about the article :: © 2012 Construction News :: home page |