Marchmont News, a daily, bi-lingual publication (Russian and English), reports that SIBUR Holding is investing $48 million in new geonet production in Kemerova and Orton. It is unclear from either SIBUR’s official release or Marchmont’s article whether geonets–for drainage–or geogrids–for reinforcement–are actually to be produced. Company comments in their official release would indicate higher-end geogrids are being produced.

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