Sisecam Group has invested US$ 30m in establishing both a flat glass and an automotive glass production plant in the Republic of Tatarstan in the Russian Federation. The two plants were officially opened with a ceremony hosted by Dr Reha Akcakaya, Sisecam's Flat Glass Group President. Sisecam and Saint-Gobain hold shares of 70% and 30% respectively in the flat glass plant, which has production capacity of 230,000/tpa. A total of US$ 210m was invested in the plant, located in the Alabuga Special Economic Zone. The automotive plant, with a capacity of 800,000 tool-sets/per year, is 100% owned by Sisecam and is also located in the same Zone. It was established with an investment of around US$ 100m. Total employment for both sites is 653 people. Sisecam made its first investment in Russia in 2002, and to-date operates 8 production plants in the country.
