Yet another new glass bottle factory is planned for Russia, this time for the Kaluga region. A $64.5M project is planned to build a factory capable of manufacturing up to 820M bottles/year. The plant will make beer bottles, vodka bottles, and some special bottles. The regional government plans to start construction next year provided suitable investors can be found. Meanwhile, Ruscam, a glass bottle maker in the city of Gorokhovets, has won an International Finance Corporation loan of $10M to build a second furnace. IFC also financed the firm's first furnace. The new furnace would allow Ruscam to make an extra 315 tonnes of glass per day. Moscow-based VAsPI will reportedly launch a US$ 85M glass container plant on a sand deposite located in the Khvastovichevsky district of the Kaluga region (south-west Moscow) by late 2007. Note: VASPI did not set up plant.
