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 50,000 tonnes per year. The plant started production of amino resins in 2004. These are used to produce for example particle board. Annual capacity for these resins is about 180,000 tonnes.
MetaDynea has recently begun construction of another production site in Western Russia near Moscow to ensure the availability of high quality resins in central and north-western Russia. The world-class plant, located near Orekhovo-Zuevo, will have an annual production capacity of 400,000 tonnes of adhesive resins and 200,000 tonnes of formaline. The product range will include phenolic resins used to produce for example insulation wool, and amino resins for panelboard and paper impregnation. The first phases of production will start up during 2006 and the plant will be fully operational by the end of 2007.