NMC expands further in Russia

In October 2016, NMC SA acquired the majority of the shares of the Luxembourg holding company Foaminvest.

Foaminvest is the parent company of two extrusion companies in Russia located in Tver and Krasnodar and supplying the Russian market with polyethylene insulation and packaging products under the name of Isocom.

Through this participation, NMC is expanding its production activities in Russia to polyethylene foam products. The objective of this partnership is to further develop the two production plants at Tver and Krasnodar, to improve production quality and to extend the range of products offered in Russia.

Read more in the official press release

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