News - Russian Trade Delegation Visits Olivia Factory to Collaboration

Recently, Russian trade delegation, including Mr. Alexander Sergeevich Komissarov, Executive Director of the AETK NOTK Association, Mr. Pavel Vasilievich Malakhov, Vice Chairman of the NOSTROY Russian Construction Association, Mr. Andrey Evgenievich Abramov, General Manager of PC Kovcheg, and Ms. Yang Dan from the Russia-Guangdong Chamber of Commerce, visited the production base of Guangdong Olivia Chemical Co., Ltd.

They were received by Mr. Huang Mifa, Production Director, and Ms. Nancy, Sales Director of the Export&OEM. Both parties engaged in in-depth discussions on industry cooperation and exchanges.

Visit Tour

At the beginning of the event, the Russian trade delegation enthusiastically toured the production base of Guangdong Olivia Chemical Co., Ltd., including the injection molding workshop, screen printing workshop, finished product warehouse, fully automated production workshop, and the R&D and QC laboratory (Guangdong Silicone New Materials Engineering Technology Research Center). The guests expressed their appreciation and admiration for Olivia’s fully automated production line, its excellent product quality, and highly automated production methods. They frequently paused to observe and take photos.

Exchange and Cooperation

After the tour, the guests moved to the exhibition hall on the first floor of the Olivia Chemical office building, where they listened to a detailed review of the company’s 30-year development journey. They expressed admiration for the company's core philosophy of "Glue the World Together." Olivia's products and enterprise have received numerous domestic certifications, including the ISO International "Three System" Certification, China Window&Door Certification, and Green Building Materials Product Certification, as well as international recognitions from authorities such as SGS, TUV, and the European Union's CE. The guests highly praised the company's quality advantages. Finally, a comprehensive presentation of Olivia’s wide range of products was given, covering various functions from interior decoration to doors, windows, curtain walls, and more, which earned enthusiastic commendation from the visitors.

Russian construction market

Construction output in Russia increased 4.50 percent in April of 2024 over the same month in the previous year. Construction Output in Russia averaged 4.54 percent from 1998 until 2024, reaching an all time high of 30.30 percent in January of 2008 and a record low of -19.30 percent in May of 2009. source: Federal State Statistics Service

Residential construction remains the main driver. Thus, last year it reached 126.7 million square meters. In 2022, the PHC share in the total commissioning volume was 56%: the reason for these positive dynamics was the launch of mortgage programs for suburban housing. Furthermore, the Russian Construction Industry and Public Utilities’ Development Strategy sets the following goals by 2030: 1 billion sq. m – total 10-year volume of housing to be commissioned; 20% of the whole housing stock to be renovated; and housing provision to grow from 27.8 sq. m up to 33.3 sq. m per person.

Entry to the Russian market of new producers (including those from the EAEU). Ambitious goals to achieve 120 million sq. m of the housing annual commissioning by 2030, as well as intensification of civil, infrastructural, and other construction, will lead to growing demand for building materials.

Facing the Growing Market Space of 2024, the delegation serves as a bridge, shortening the path for Russian buyers to do business with Olivia. It is reported that the demand for construction silicone sealant in the Russian construction market is more than 300,000 tons per year, a considerable quantity, which creates the need for high-quality suppliers to provide products that match market requirements. Olivia's factory has an annual production capacity of 120,000 tons, which can meet the demands of the Russian market.