The Russian Corporation of Nanotechnologies (RUSNANO), the European Bank of Reconstruction and Development (EBRD), the Russian STiS Group and the NSG Group, which operates in Russia under the Pilkington name, have signed an agreement to establish a new venture incorporating the production of high-quality glass with a special coating.??

One of the main products of the new enterprise will be energy-efficient glass, which gets its unique properties from a special multi-layer coating. ??

The total investment in the project is estimated at approximately 11.8 billion rubles, with a new production line to be built next to the existing Pilkington plant in Russia, located in Ramenskoe in the vicinity of Moscow. High technology coating facilities will also be installed at the same site.??

The new glass production plant is expected to produce 240,000 tons of premium quality glass per annum, of which approximately 100,000 tons will be further processed into high tech energy-efficient coated glass for sale into the Russian building products market.