24 April 2006 , Press release
New resins production line on stream
Dynea increases capacity in Russia
Helsinki, Finland -- Dynea Chemicals Oy’s Russian joint-venture, ZAO MetaDynea, has started production of phenolic resins at its plant in Gubakha in the Perm region of Russia. Phenolic resins are used as binders in mineral wool and in manufacturing plywood. The phenolic resins capacity of the plant is about 50,000 tonnes per year. The plant started production of amino resins in 2004. These are used to produce for example particle board. Annual capacity for these resins is about 180,000 tonnes.
“Adding phenolic resins into our offering in Russia strengthens our position as a leading solutions provider,” says Joni Lukkaroinen, Senior Vice President of Dynea’s Europe North region, and chairman of the board of MetaDynea.
”The markets in Russia are growing rapidly. By increasing capacity and expanding our offering we will meet the growing demand even more effectively than before,” Lukkaroinen continues. “Our strategic location in Gubakha gives us good connections to the developing markets – from the Ural region to central Russia. MetaDynea’s high quality adhesive resins, based on Dynea technology serve the mechanical woodworking and construction industries, in Russia and neighbouring markets, and fulfil both European as quality standards as well as environment and safety regulations.”
“MetaDynea supports both Dynea’s and Metafrax’s long-term strategies,” says Roger Carlstedt, President and CEO of Dynea. “Dynea is committed to participating in the development of the rapidly expanding Russian markets, and all our resources are available to ensure the success of MetaDynea.”
MetaDynea has recently begun construction of another production site in Western Russia near Moscow to ensure the availability of high quality resins in central and north-western Russia. The world-class plant, located near Orekhovo-Zuevo, will have an annual production capacity of 400,000 tonnes of adhesive resins and 200,000 tonnes of formaline. The product range will include phenolic resins used to produce for example insulation wool, and amino resins for panelboard and paper impregnation. The first phases of production will start up during 2006 and the plant will be fully operational by the end of 2007.
For more information, please contact
Joni Lukkaroinen,
Chairman of the Board,
ZAO MetaDynea,
tel. +358 10 585 2390
Leslie Petersen, Communications Manager,
Dynea Oy, tel. +358 10 585 2031
Dynea in brief:
Dynea is a leading provider of global adhesion and surfacing solutions. Dynea resins are used in a variety of applications by the panel board industry, laminated beam and structural wood manufacturers, the mineral and glass-fibre industry, the paper impregnating industry, as well as a wide range of other industries. The company offers a wide range of paper overlays for industrial and decorative applications. Dynea’s turn-over is EUR 1,2 billion annually. With over fifty production units in twenty-six countries in Europe, the Americas and Asia Pacific, Dynea employs some 3,000 persons. www.dynea.com
MetaDynea in brief:
ZAO MetaDynea is a joint venture of Dynea Oy, Finland and JSC Metafrax, Russia. The company was founded in March 2004. MetaDynea has modern adhesive resins production capacities in Gubakha in the Perm region. The amino resins production line has a capacity of 180,000 tonnes per year and the new phenolic resins production line with an annual capacity of 40,000 tonnes. www.metadynea.ru