Minpromtorg approved construction production PET GC Titan - Arhive
Minpromtorg approved the construction of the production of PET GC “Titan” Minpromtorg approved construction production PET GC Titan
MOSCOW ( MRC ) – The Ministry of Industry and Trade of the Russian Federation approved the project of the group of companies “Titan” for the creation of polyethylene terephthalate (PET) and polymer processing in the Pskov region, in the territory of the Moglino SEZ, the company’s press service said.
The project will be implemented in four stages in time until 2022. The total volume of investments is 19 billion rubles, of which 20% are own funds. Part of the financing is planned to attract through the Industrial Development Fund, the Russian Export Center and other development institutions. The main part of the investment will have to finance and credit organizations, included in the TOP-10 in Russia.
In the first two stages of the investment project, until 2020, a plant for the production of PET granules will be built. It will operate a pilot plant to create new types of copolyesters with specified properties and two lines of biaxially oriented polyethylene terephthalate films (BOPP).Minpromtorg approved construction production PET GC Titan
During the implementation of the project, agreements have already been reached with key partners and authorities. To date, cooperation agreements have been signed with the Pskov and Omsk regions and an agreement of intent with the special economic zone Moglino. The supplier of the basic technological equipment – German company Dornier is selected, the general contractor of the project is defined – the contract with it is at the final stage of signing. The organizer of the project is LLC “Pskov plant Titan-Polymer”, which concluded with the Moglino SEZ an agreement of intentions on May 21.
Earlier it was reported that in February of this year, a group of companies “Titan” and the government of the Omsk region signed a memorandum with Vnesheconombank on the implementation of the project to create the production of bisphenol A (BFA) and epoxy resins.Minpromtorg approved construction production PET GC Titan
ZAO GK Titan is a Russian corporation, one of the largest companies in the CIS engaged in the production and marketing of synthetic rubber, phenol, as well as developments in the field of biotechnology.The petrochemical cluster of GC Titan includes OJSC Omsky Kauchuk, one of the leading Russian producers of synthetic rubber, and Omsk polypropylene plant LLC “Polyom”.Minpromtorg approved construction production PET GC Titan
mrcplast.ru
Author: Anna Larionova
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