20-Apr-2004 - Dynea Oy

Dynea and Metafrax join forces in Russia. New leading adhesive resins supplier in Russia

Z.A.O. MetaDynea manufactures and markets superior adhesion solutions. The new company, jointly owned by two leading companies, Dynea Chemicals Oy (Finland) and JSC Metafrax (Russia), aims to ensure the availability of high quality adhesives for the manufacture of wood based panels, other wood working industries and different industrial applications. MetaDynea is building up a new resins plant in Gubakha, in the Perm region. The plant will have capacity to produce some 200 ktons of resins per year, and is expected to start production in the 3rd quarter in 2004. It will employ 25 persons. The Gubakha plant will produce urea and melamine resins, based on Dynea technology, for the rapidly growing woodworking industries of Russia and its neighbouring countries. MetaDynea also has plans to build another urea and melamine resins production unit in Western Russia by the end of 2006. This plant has a planned capacity of over 120 ktons/year of urea and melamine resins. MetaDynea's future plans also include production of phenolic resins for a broad range of industrial applications, including insulation and impregnation. "MetaDynea supports both Dynea's and Metafrax's long-term strategies. Thanks to our combined resources, we have an excellent platform from which to continuously develop our services to our customers in the Russian and neighbouring markets. MetaDynea supports our goal to be the leading supplier for the global wood related and other industrial adhesives markets," says Mr Joni Lukkaroinen, Chairman of the Board of ZAO MetaDynea. The company's head office is located in Moscow. Dynea's all business activities in Russia have been incorporated into Z.A.O. MetaDynea, which will also act as the Russian distributor for Dynea's other products.

Facts, background information, dossiers
More about Dynea
  • News

    Dynea acquires the formaldehyde business of Formaldehydwerk Schwarze Pumpe GmbH

    Dynea has acquired the formaldehyde assets and manufacturing operations of Formaldehydwerk Schwarze Pumpe GmbH (FSP), a formaldehyde producer located in Spreetal/Spreewitz close to Dresden, Germany. "We are pleased to welcome FSP into the Dynea family. As FSP is the formaldehyde supplier t ... more

    Dynea divests North American operations to strengthen position in developing markets

    Dynea announced the divestment of its North American operations to Teachers' Private Capital, which is the private investment arm of the Ontario Teachers' Pension Plan. According to the company, Dynea North America is one of the three major producers of resins and overlays products to the i ... more

    Dynea increases resins production in Russia

    Dynea Chemicals Oy's Russian joint-venture, ZAO MetaDynea, has started production of phenolic resins at its plant in Gubakha in the Perm region of Russia. Phenolic resins are used as binders in mineral wool and in manufacturing plywood. The phenolic resins capacity of the plant is about 50, ... more

  • Companies

    Dynea Austria GmbH

    Dynea Austria is part of the global company Dynea, the market leader in creating high value adhesion and surfacing solutions for the wood working industry and industrial applications. At the Austrian site in Krems important R&D and Tech Service competence centers are located, providing know ... more

    Dynea Erkner GmbH