Germany-based pharmaceutical packaging company Schott has opened a $20.7m plant to produce pharmaceutical package, ampoules and bottles in Russia.
The 5,000 square metre plant is located in the town of Zavolzhye.
Schott said by 2014 the plant will reach its projected annual capacity of 450 million ampoules and 140 million flasks.
The new plant for primary pharmaceutical packaging is Schott’s second production site in Russia. The company already runs a flat glass processing plant in Bor, near the city of Nizhny Novgorod.
Schott has also formed a joint venture with Japanese company Naigai Glass Industry at the end of 2010 in order to strengthen its position in Japan.
The company, which has 600 production lines in 14 countries around the world, manufactures seven billion syringes, vials, ampoules, cartridges for the pharmaceutical industry each year.