[Russia] United Glass Enterprises Completes Furnace Reconstruction

Russian container manufacturer United Glass Enterprises has invested RUS 300 million (USD 5 million) in the reconstruction of its Luga plant furnace. The plant, in the St Petersburg region, has doubled its production capacity to four million bottles per month and serves the wine and champagne industries. Company CEO Fyodor Krepak said the company acquired the plant in 2003 and that a furnace reconstruction was required every eight to 10 years. He said the company also plans to upgrade its Borisov container glass plant with a RUS 300 million investment. Commissioning is scheduled for 2016 and the plant will produce both medical and food glass.