Owens Corning Expands Glass Reinforcement Production Capability in Russia
New Furnace in Gous-Khroustalny, Russia, is operational
TOLEDO, Ohio, Oct. 30, 2012
TOLEDO, Ohio, Oct. 30, 2012 /PRNewswire/ --Owens Corning (NYSE: OC),
announced today that its new furnace in its Gous-Khroustalny, Russia, glass
reinforcements facility is operational. This is the latest step the company
has taken to increase its global capacity to produce composite material and
particularly to service the Russian and CIS markets. Owens Corning is a
leading global producer of glass fiber reinforcements for composite systems
and residential and commercial building materials.
"Two years ago, we decided to increase production capacity in our
Gous-Khroustalny facility to support the growing needs of our CIS customers,"
said Umberto Rigamonti, vice president and managing director for the glass
reinforcements business in Europe. "This is aligned with our business strategy
to support growth in emerging markets with local assets and to continue to
provide high quality products to our customers, wherever they are."
The Gous-Khroustalny plant, now with double production capacity, will
manufacture Owens Corning's corrosion-resistant Advantex^® glass locally. The
facility will produce roving and Wet Use Chopped Strands (WUCS) as well as
"This investment enables us to further strengthen our global presence to
deliver quality product in Russia and CIS countries," said Rigamonti. "We are
excited to have the expansion of our Gous-Khroustalny facility now
operational, and supporting our current and future customers."
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential and
commercial building materials, glass-fiber reinforcements and engineered
materials for composite systems.A Fortune^® 500 Company for 58 consecutive
years, Owens Corning is committed to driving sustainability by delivering
solutions, transforming markets and enhancing lives.Celebrating its 75^th
Anniversary in 2013, Owens Corning is a market-leading innovator of
glass-fiber technology with sales of $5.3 billion in 2011 and about 15,000
employees in 28 countries on five continents. Additional information is
available at www.owenscorning.com.
SOURCE Owens Corning
Contact: Media: United States: Kelly Donaghy, Owens Corning, +1-419-248-8440,
firstname.lastname@example.org; International: Nathalie Neyroz Leonard, Owens
Corning, +33 4 79 75 56 30 / +33 6 67 79 86 05,
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