Tashkent, Uzbekistan (UzDaily.com) — The European Bank for Reconstruction and Development (EBRD) is supporting the development of local production of environmentally friendly construction materials in Uzbekistan by extending financing to the Angren Group — the country’s leading producer of non-woven fiberglass and glass wool. As part of the agreement, Angren Group will receive a loan of up to US$6 million (equivalent to €5.2 million) to finance the acquisition of modern equipment for fiberglass mat coloring, replenish working capital, and strengthen the company’s financial position through balance sheet restructuring. Currently, Angren Group is Uzbekistan’s only domestic producer of non-woven fiberglass, serving a market that remains largely dependent on imports. Fiberglass materials are widely used in construction, including in the production of drywall, and in both exterior and interior finishing. Given that the construction sector accounted for approximately 7% of Uzbekistan’s GDP in 2024, with further growth projected, demand for high-quality building materials is expected to rise steadily. Local production of colored fiberglass mat will improve accessibility, foster market competition, and reduce reliance on imported goods. In addition to financial support, the project includes a corporate governance improvement action plan aligned with international best practices. The initiative also benefits from technical assistance provided through the Japan-EBRD Cooperation Fund. To date, the EBRD has invested nearly €5.6 billion in Uzbekistan across 181 projects, with a strong focus on supporting the private sector. Over the past five years, Uzbekistan has emerged as the EBRD’s largest investment recipient in Central Asia.
Expanding the boundaries of cooperation, we have shipped the first batches of glass mat to customers in the CIS. Deliveries to other countries are being worked out.
A painting line has been put into operation, allowing the production of painted glass mat for the production of reinforced gypsum boards WoolAn Glassmat Plita (WGP). WGP is a new, high-tech and affordable product for covering building facades. At present, the production of sheets measuring 2500x1200x12.5 mm has been established. Other sizes are available upon request. The new material is not affected by moisture, does not burn, has a low weight and high resistance to external influences, is easy to install and cut with a stationery knife, has a high level of repairability, etc. The material can be painted, and various decorative coatings can be applied to it. The material can be painted, various decorative coatings can be applied to it. GMP, having a high class of fire protection, is also used for lining elevator shafts and evacuation routes of publications. It can be used in damp rooms as a base for tiles.
The first batch of glass mat has been produced at the joint venture LLC "Angren Glassfiber". The company is the only manufacturer of glass fiber in Central Asia. Glass mat is produced in rolls 1000-3000 m long, 1-2.3 m wide and with a density of 25 g / sq.m. and more and is intended for painting work, in the production of linoleum, carpeting, roofing waterproofing, composite pipes and tanks, batteries, composite furniture, reinforcement of facade gypsum boards, etc.
The application of our company's products has a very wide range. Here are some of them:
