What Penoplex Spb Limited does

PENOPLEX SPb (OOO «ПЕНОПЛЭКС СПб»), founded in 1998 in Saint Petersburg, Russia, is a private manufacturer of extruded polystyrene foam (XPS) thermal insulation and a range of complementary building envelope products. The company operates 13 factories in 4 countries with shipments reaching 23 countries, and was the first producer of XPS insulation in Russia. Its core portfolio includes branded XPS boards (PENOPLEX ОСНОВА, ГЕО, ФАСАД, КРОВЛЯ, ФУНДАМЕНТ, ЭКСТРИМ, КОМФОРТ, СТЕНА, БЛОК, УКЛОН, ТРАК), manufactured using freon-free technology with closed-cell microporous structure delivering low thermal conductivity, near-zero water absorption, and NIIFS RAASN-confirmed service life exceeding 50 years. Adjacent product lines cover PVC waterproofing membranes (PLASTFOIL), profiled HDPE membranes (PLASTGUARD), polyurethane adhesive foams (FASTFIX), mechanical fastening systems (PROPLUG), geotextiles (TERRAISOL), dry construction mixes (FASTMIX), and Fire Protect PVC fire-belt systems tested at FGBU VNIIPO EMERCOM.

The company sells through a multi-channel model spanning more than 500 independent distributors, DIY retail chains (Lenta, OBI, Stroylandiya, Decke), marketplaces (Ozon, Yandex Market), its own e-commerce storefront (shop.penoplex.ru), and direct B2B supply to industrial and civil construction clients. It serves three primary segments: industrial and civil construction (infrastructure projects, airports, stadiums, pipelines, railways, tunnels, residential complexes), individual residential construction (ИЖС), and industrial manufacturing (sandwich panels, refrigerated transport, cold storage). Revenue model is one-time product sale with quote-based pricing across B2C, distributor, and B2B tiers; pricing is not publicly disclosed. Documented flagship projects include Power of Siberia gas pipeline, SPb–Moscow railway, Fisht Stadium, Four Seasons Moscow, Platov Airport, Park Zaryadye, and Roksky Tunnel. The company is a member of industry associations RAPEX, RAPET, and ANFAS, holds multiple registered trademarks, and runs a Training Center for distributor enablement alongside a Bergauf co-developed SFTK facade system.

Name

Penoplex Spb Limited

Legal name

OOO «PENOPLEX SPb» (Общество с ограниченной ответственностью «ПЕНОПЛЭКС СПб»)

Website

https://penoplex.ru

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

PENOPLEX SPb is a Saint Petersburg–based Russian manufacturer of extruded polystyrene foam (XPS) thermal insulation and complementary building envelope products, operating 13 factories across 4 countries and supplying over 500 distributors and infrastructure projects in 23 countries. It serves industrial and civil construction, individual residential builders, and industrial manufacturers of sandwich panels and refrigerated transport.

Ownership category

akta.pro rank

Product category

Building Insulation Materials

NAICS

Polystyrene Foam Product Manufacturing (326140), Polystyrene Foam Product Manufacturing (32614)

SIC

Plastics Foam Products (3086), Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Foam Plastic Insulation (EPS/XPS/PIR/PUR) (IMADAGAD)

akta.pro secondary industry

Thermoformed Building & Construction Products (Panels, Liners, Covers) (IMANAHAF)

Keywords

• Extruded polystyrene insulation
• Thermal insulation boards
• PVC waterproofing membranes
• Construction materials manufacturing
• Building envelope systems

Headquarters

HQ city

Санкт-Петербург

HQ country

Russia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. XPS Thermal insulation boards: Manufacture and sale of extruded polystyrene foam (XPS) boards under the PENOPLEX brand — the primary revenue stream. Products are sold through distributors, retail chains, DIY networks, and direct B2B channels.
2. Complementary construction materials: Sale of complementary products including PVC waterproofing membranes (PLASTFOIL), profiled membranes (PLASTGUARD), adhesive foams (FASTFIX), mechanical fasteners (PROPLUG), geotextiles (TERRAISOL), glass mats (PLASTFOIL CANVAS), roofing accessories, and dry construction mixes (FASTMIX).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

PENOPLEX SPb manufactures and sells extruded polystyrene foam (XPS) thermal insulation boards under multiple grades (OSNOVA, GEO, FASAD, KROVLYA, FUNDAMENT, EKSTRIM, KOMFORT, BLOK, UKLON, TRAK) along with complementary construction products including PLASTFOIL PVC waterproofing membranes, PLASTGUARD profiled HDPE membranes, FASTFIX adhesive foams, PROPLUG mechanical fasteners, FASTMIX dry mixes, TERRAISOL geotextiles, FIRE PROTECT PVC fire protection cloth, and PLASTFOIL VORTEX roof funnels. The company operates 13 factories across 4 countries and supplies products to 23 countries through 500+ distributors and direct B2B channels.

Product overview

ПЕНОПЛЭКС СПб — российский производитель теплоизоляционных материалов из экструзионного пенополистирола (XPS) последнего поколения. Портфолио включает: основной продукт — плиты ПЕНОПЛЭКС различных марок (ГЕО, ОСНОВА, ФАСАД, КРОВЛЯ, ФУНДАМЕНТ, ЭКСТРИМ, КОМФОРТ, СТЕНА) для теплоизоляции; гидроизоляционные системы PLASTFOIL (ПВХ мембраны); профилированные мембраны PLASTGUARD; крепежные системы PROPLUG; клеи и герметики FASTFIX; геотекстиль TERRAISOL; противопожарные материалы FIRE PROTECT PVC; кровельные воронки PLASTFOIL VORTEX; сухие смеси FASTMIX. Компания предлагает комплексные системные решения для кровель, фасадов, фундаментов, полов, трубопроводов и дорожного строительства. Производственная сеть включает 13 заводов в 4 странах.

Differentiator

Problem solved

Functional benefit

Brands

• PENOPLEX KOMFORT (ПЕНОПЛЭКС КОМФОРТ): Теплоизоляционные плиты для широкого спектра применения в индивидуальном жилищном строительстве
• PENOPLEX FUNDAMENT (ПЕНОПЛЭКС ФУНДАМЕНТ)
• PENOPLEX OSNOVA (ПЕНОПЛЭКС ОСНОВА)
• PENOPLEX FASAD (ПЕНОПЛЭКС ФАСАД)
• PENOPLEX KROVLYA (ПЕНОПЛЭКС КРОВЛЯ)
• PENOPLEX GEO (ПЕНОПЛЭКС ГЕО)
• PENOPLEX UKLON (ПЕНОПЛЭКС УКЛОН)
• PENOPLEX FASTFIX (ПЕНОПЛЭКС ФАСТФИКС)
• PENOPLEX FASTMIX (ПЕНОПЛЭКС ФАСТМИКС)
• PLASTFOIL
• PLASTGUARD
• PROPLUG
• TERRAISOL
• FIRE PROTECT PVC

Products and services

• PENOPLEX XPS Thermal Insulation Boards High-strength extruded polystyrene foam (XPS) boards manufactured from general-purpose polystyrene using advanced freon-free technology. Available in multiple grades: PENOPLEX OSNOVA, GEO, FASAD, KROVLYA, FUNDAMENT, EKSTRIM, KOMFORT, BLOK, UKLON (for slope formation), and TRAK (for roads). Used for thermal insulation in foundations, walls, roofs, floors, and infrastructure. Provides near-zero water absorption, low thermal conductivity, and durability exceeding 50 years.
• PLASTFOIL PVC Waterproofing Membranes Polymer PVC waterproofing membranes used for enclosing structures, tank and reservoir facilities, and transport infrastructure. Includes variants: PLASTFOIL CLASSIC, POLAR, CANVAS, STEPWAY, and FERROPLAST. Used in roofing and foundation waterproofing applications.
• PLASTGUARD Profiled HDPE Membranes Profiled membranes made of high-density polyethylene (HDPE) with cone-shaped protrusions. Used for waterproofing protection of ballast roofs, foundations, replacement of concrete sub-base under foundation slabs, drainage systems, and landscape pathway applications.
• FASTFIX Adhesive Foams and Sealants Single-component polyurethane adhesives for bonding polystyrene (EPS, XPS) and polyurethane (PUR, PIR) foam boards, plus spray-applied foam insulation. Includes FASTFIX, FASTFIX STANDARD, and FASTFIX PRO variants. Also includes universal hybrid-polymer adhesive-sealant.
• PROPLUG Mechanical Fastening System Roofing fastening system including PROPLUG anchor sleeves, self-tapping screws for anchor sleeves, and PROPLUG D expansion dowels. Used to fix thermal, waterproofing, and sound insulation materials to concrete and steel roof substrates.
• TERRAISOL Geotextile Non-woven material made from heat-bonded fibers that performs protective and load-distribution functions in roofing constructions.
• PLASTFOIL CANVAS Fiberglass Mat Roll material made of glass fibers with synthetic binder. Used as a separating layer between XPS and PVC membranes in roofing systems.
• FIRE PROTECT PVC Fire Protection Cloth Non-combustible fiberglass cloth with PVC coating. Used to create fire protection belts around smoke hatches and skylight windows on PVC roofing. Successfully tested at FGBU VNIIPO EMERCOM of Russia with fire safety class KP0.
• PLASTFOIL VORTEX Roof Funnels Roof drain funnels with polypropylene body and steel clamping flange. Used for installation with steel, cast iron, or plastic pipes. Includes variants with heating.
• FASTMIX Dry Construction Mixes Dry dispersion mixes for bonding thermal insulation boards and creating base plaster layers in SFTK facade systems. Includes FASTMIX FASAD, FASTMIX FASAD PRO, FASTMIX STYAZHKA dlya pola (floor screed), and FASTMIX NALIVNOY POL (self-leveling floor).
• PENOPLEX UKLON Slope-Forming Elements Slope-forming XPS elements used to create main slopes (PENOPLEX UKLON A1, A2 slabs) and counter-slopes (PENOPLEX UKLON B1, B2 system) on flat roofs to accelerate installation of drainage inclines.
• PLASTFOIL STEPWAY PVC Walkway Roofing PVC walkway with damper for safe movement and maintenance of roof superstructures.
• PLASTFOIL AERO Roof Aerators Devices for ventilation of under-roof space. Used to remove water vapor and prevent blistering on flat roofs.
• PENOPLEX Integrated System Solutions Complete system solutions for various construction types: roofing systems (EKSTRA, MAKSI, INVERS), facade systems (PENOPLEX FASAD, STENA), foundation systems (FUNDAMENT KONTUR, USP, MZLFP), floors, pipelines, and road construction. Each system includes technical solutions with PENOPLEX materials and accessories.

Quantifiable outcome

• Effective service life exceeding 50 years, confirmed by NIIFS RAASN (Research Institute of Building Physics)
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered minor and core.

• RAPEX (Association of Extruded Polystyrene Producers)minorOthersIndustry association of XPS producers in Russia. PENOPLEX is listed as a member on its official website, indicating participation in industry standards development and advocacy.
• RAPET (Russian Association of Polymer Energy Efficient Technologies)minorOthersRussian association of polymer energy-efficient technologies. PENOPLEX is listed as a member and has collaborated with RAPET on joint fire safety research, including full-scale fire tests of lightweight fire protection belts at FGBU VNIIPO EMERCOM of Russia.
• ANFAS AssociationminorOthersIndustry association in the construction materials sector. PENOPLEX is listed as a member on the association's website.
• BergaufcoreStrategic or Co-development PartnerJoint presentation and solution development with Bergauf (a leading supplier of construction mixes and finishing systems) at the Siberian Construction Week 2026. The partnership focuses on the SFTK ( фасадная система) PENOPLEX — Bergauf composite facade system, combining PENOPLEX thermal insulation with Bergauf mortars and rendering systems for energy-efficient and fire-safe construction in low-rise buildings.
• МАТЕРИК (MATERIK)coreChannel Partner/ Reseller/ DistributorМАТЕРИК is a distributor/reseller of PENOPLEX products. PENOPLEX's Training Center conducted a one-day practical training session for МАТЕРИК employees, covering product range overview, installation techniques, system design, and best practices. This training strengthens the channel partner's technical capability to sell and specify PENOPLEX products.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TechnoNicol Carbon Eco: Sub-line of Russia's TechnoNicol focused on XPS and PIR insulation systems for residential and commercial construction. Closest domestic competitor to PENOPLEX's PENOPLEX KOMFORT and PENOPLEX FASAD lines.
• Rockwool International: Global leader in stone wool insulation serving construction and industrial applications. While focused on mineral wool rather than XPS, competes in the same insulation specification decisions and infrastructure projects that PENOPLEX targets.
• URSA Insulation: European insulation manufacturer producing XPS and mineral wool products for construction. Comparable product portfolio and target market (residential, commercial, infrastructure), with significant presence in CIS and European markets overlapping PENOPLEX.
• TechnoNicol: Russia's largest building materials manufacturer offering XPS, stone wool, and full roofing/waterproofing systems. Direct competitor across PENOPLEX's core product lines and the most relevant Russian peer given overlapping system-solution GTM and infrastructure customer base.

Broad incumbents

• Dow Chemical (Styrofoam): Global chemical company and one of the original XPS technology holders, with Styrofoam-brand insulation. Comparable product technology and a long-standing competitor to PENOPLEX's XPS boards across commercial and infrastructure segments.
• Saint-Gobain: Global building materials conglomerate with broad insulation, waterproofing, and construction chemicals portfolio. Competes with PENOPLEX in high-performance insulation categories and large international infrastructure projects.
• Owens Corning: Major US-based insulation and building materials producer with XPS, fiberglass, and roofing systems. Comparable scale, full-system approach, and infrastructure/commercial project focus overlapping PENOPLEX's positioning.
• Kingspan Group: Global building envelope specialist with insulation boards and insulated panel systems. Direct overlap with PENOPLEX's XPS and roofing system offerings, particularly in commercial and industrial construction segments.
• BASF (Styrodur / Neopor): Global chemical major producing Styrodur (XPS) and Neopor (graphite EPS) insulation. Competes with PENOPLEX's core XPS products globally and supplies many of the same commercial and infrastructure projects.

Regional players

• Penopleks (other CIS producers): Regional CIS insulation manufacturers (e.g., smaller Kazakh and Belarusian XPS producers) competing with PENOPLEX in its export markets. Comparable product but smaller scale, mostly regional/local rather than cross-border infrastructure projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@PENOPLEXspb/videos
• LinkedInlinkedin.com/company/penoplex-spb-limited

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Penoplex Spb Limited