Russian Soda Co., or RCK, plans to build a 220 million euro ($271 million) glass factory in St. Petersburg, Vedomosti said, citing Valeri Zakoptelov, RCKs chief executive.
RCK plans to start building the factory next year, and it will be able to produce 220,000 tons a year, Vedomosti said.
The company plans to sell glass to car producers in the region, which include Ford. Toyota will open a plant in 2007.
RCK plans to build similar plants in Moscow and Perm., Vedomosti said.
