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Poliya will start production in Russia to offer polyester, vinyl ester and high performance gelcoats to composite manufacturers in Russia and CIS countries.
According to strategic expansion plans, Poliya announced it is starting production in Russia. Set to begin in May 2013, Poliya branded products will be manufactured in Russia in addition to their factories in Turkey and Italy.
Buelent Oeztuna, CEO of Poliya, stated "This is an important step for Poliya. Our newest location in Russia means this production plant will be much closer to a large number of up and coming and existing composites manufacturers in the region including Russia, Ukraine, Kazakhstan, Belarus, Azerbaijan, Uzbekistan, Turkmenistan, Georgia, Armenia, Tajikistan, Kyrgyzstan and Moldova. This expansion will allow Poliya to not only provide the customized polyester and vinyl ester resins we are best known for but also allow improved logistics, faster response times and lower costs over all."
This announcement marks another key milestone in Poliya's sustainable growth following the acquisition of Cam Elyaf Resins in 2011 as well as expanded manufacturing operations in Italy in 2012.