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BASF and Renova Stroygroup announce strategic partnership

July 20/2010

EKATERINBURG (BASF) -- BASF and Renova Stroygroup today announced a strategic partnership for energy-efficient construction in Ekaterinburg. Renova Stroygroup plans to construct housing for around 325,000 people with the aid of energy-efficient BASF construction materials and expertise in the new city district of Akademitscheskij Rayon, one of Europe's largest building sites.


The first building with a thermal insulation composite system has now been constructed in Akademitscheskij Rayon using insulation paneling made of BASF's Neopor. The paneling system enables energy savings of up to 50 percent compared with non-insulated buildings. In addition, BASFs subsidiary Luwoge consult will contribute to the conception and planning of a low-energy house in Akademitscheskij Rayon.

BASF and Renova Stroygroup announce strategic partnership

MRC Reference

BASF. The share in the Russian market in 2008:
 PS - 9.1% (GPPS - 5.9%, ABS - 11.4%, EPS - 10.6%).

Annual sales growth in Russia over the 5 years:
 PS - 15%.

Imports by polymers processing technologies:
 injection molding


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