Ukraine invests in solar glass

4 FAQs about Ukraine invests in solar glass

Who are the potential investors for Ukraine's glass industry?

Among the prospective investors are the Turkish Sisecam and Taiwan Glass, which have joint international projects with Poland and Baltic countries. Then the Ukrainian economy may be able to retain at least 70 million USD annually, which Ukraine is now paying for the import of glass.

How much can Ukraine's economy benefit from the glass industry?

Then the Ukrainian economy may be able to retain at least 70 million USD annually, which Ukraine is now paying for the import of glass. With some extra efforts, Ukraine may also get 200 million EUR of direct investments, which can go towards constructing a modern glass production plant.

Will Ukraine build a float glass factory in Kyiv by 2028?

Ukraine is set to build a float glass manufacturing plant in the Kyiv region by 2028. The NovaSklo project aims to construct a large-scale float glass facility in Ukraine. The initiative aims to reduce Ukraine's dependence on imports and attract investment into the country's industrial development, even amid the ongoing war.

Why is Ukraine launching a glass manufacturing project?

The Ukrainian government is also supporting the initiative. Andriy Teliupa, Deputy Minister of Economy of Ukraine, said: “Glass manufacturing is a critical sector within the processing industry, playing a strategic role in construction, industrial production, and the country's post-war recovery.

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