Czech company Sweetondale has bought three Ukrainian insulation materials plants from Russia’s Technonikol. Located in Cherkasy and Kamianske, Dnipropetrovsk region, the plants’ production accounts for 41% of Ukraine’s market for mineral-based thermal insulation, Tikhomir Lilovich, executive director of Sweetondale, tells reporters. Over the next year, Sweetondale plans to invest $4 million to increase production at the Techno plant in Cherkasy.
Czech company Sweetondale has bought three Ukrainian insulation materials plants from Russia’s Technonikol.
