Hempel to Invest in Paint Production Facility in Russia
July 1, 2011
LYNGBY, Denmark – Hempel has signed an agreement with local government officials in the Russian Ulyanovsk region for Hempel Group’s first Russian paint production facility. The €23-million turnkey project will be built close to the city of Ulyanovsk, 893 kilometers east of Moscow. Scheduled to start production in December 2012, the plant will help meet growing demand for Hempel coatings in the Russian market.