"Caspian float glass plant" and Azerbaijan signed an agreement of intent

"Caspian float glass plant" and Azerbaijan signed a letter of intent, which provides for the delivery of the South Caucasus republics of about 100,000 tons of glass per year Dagestan, executive director of the plant Abakar Mudunov.

Recall the construction of the plant near the village of sheet glass tube was initiated in December 2011.Production is located 16 km from Makhachkala, 6.5 km from the federal highway M-29 "Caucasus" and 5 km from the railway station "Shamhal". The total project cost is about 10.5 billion rubles.

"Azerbaijan for us - priority partner because it is a transit base, through which products can go to Georgia and Turkey. This vertical us logistically interesting. March 24, we signed a letter of intent with major players in the Azerbaijani market the glass industry - Glass House and Azer Glass. Determine what they need glass, determined the price, amount, logistics, in which regions will go, the circle of people who will work. In the coming days, expect the arrival of representatives of Azerbaijan in Dagestan for signing the contract, "- said Abakar Mudunov.

According to executive director, plant specialists are also studying the possibility of supply of flat glass in Kazakhstan and Georgia. "We entered the market only in January, and this market is fairly narrow. We are ready to supply products at low prices, to gain a foothold in the market. The price we offered Azerbaijan, comparable with the Iranian and German quality of our products. After all, we built a factory German company Horn - a world leader in this industry. We expect to deliver in the AR 100 000 tons per year - Azerbaijan itself now consumes 60 - 65 000 tons of float glass, Turkey consumes 10-15 tons, but there are now focused on the Iranian glass and Georgia too, about 10-15 thousand tons per year . Of course, we are interested in, and South Russia, North Caucasus Federal District. Nearest glassworks - "Guardian" Minvody and Rostov, no closer, "- said Abakar Mudunov.

According to head of the Ministry of Trade, Investment and Business Dagestan Madina Kaibovoy, Caspian float glass plant - the first project in Dagestan with the involvement of Vnesheconombank. Due to banks and investors involved in the ratio of 70% to 30%. The plant produces 600 tons of energy-saving glass per day. "Presentation material for the plant's products we put in all sales offices in Russia and if there proposals that will bind all interested factory", - explained the correspondent of the "Caucasian Knot" Madina Kaibova in response to a question about whether Mininvest helps in product sales recently launched enterprise.

According to the Economic Observer Dagestan weekly "New business" Andrew Melamed, implementation issues now are the most important for the plant. "Suleiman Kerimov was planning to build a plant in 2008. If the project was implemented at the time, he would have already paid off, as the prices in the period, and a little later were high enough ... And then the crisis came, and, moreover, were built in Russia, several major glass factories. As a result, prices have fallen almost three times ", - said Andrey Melamedov.

He noted that now the plant's management focuses on quality and, in addition, to reduce the cost. "If you plant now works on imported sand, it will soon begin construction of mining and processing plant, which will bring up the necessary Dagestan sand of conditions, and not have to import raw materials from outside the country. But most importantly, and this, incidentally, noted recently visited the factory Regional Development Minister Igor Slyunyaev, Caspian plant designed as a cluster, and on its territory may soon open several related industries. In particular, the plant already working Chinese investors planning to produce plant-based automotive glass ", - said Andrei Melamedov.

Source: Window portal tybet.ru

600450 "Caspian float glass plant" and Azerbaijan signed an agreement of intent glassonweb.com

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