A Russian company has become a member of Angren FEZ

On October 25, 2023, "TechnoNICOL South" FE LLC became a member of the Angren FEZ and a membership certificate was awarded. The foreign investor of the company is the Russian “Invest-Krovlya” LLC.

During 2023-2024 the company, with an investment volume of 14.5 million US dollars, will implement an investment project for the production of extruded polystyrene foam (XPS) in the territory of the Angren FEZ.

The annual production capacity is 280,000 cubic meters of extruded polystyrene foam. The launch of production is planned for the fourth quarter of 2024. As a result, more than 50 new jobs will be created among the local population.