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Russian Ivanovo picks site for new synthetic fibre plant
20
Dec '13
The deputy prime minister of the Russian Ivanovo region, Svetlana Davletova, has selected a site in Vichuga town of the region for construction of the upcoming synthetic fibre plant.
 
According to a statement issued by the Ivanovo government, the decision was announced at a meeting conducted by the Russian Ministry of Industry and Trade in Ivanovo, and the Ministry of Economic Development, for discussing the raw material supply and measures of state for the construction of the plant.
 
The location in Vichuga has been selected by the government of Ivanovo, as the land in the municipal area of the town covers all the requirements for compliance with health and environmental regulations.
 
At the meeting, chaired by the Deputy Minister of Industry and Trade Sergey Tsib, Paul Kon'kov, the head of the construction project in Ivanovo region, presented the details of design for the construction of the plant.
 
During the meeting, representatives from the Russian Ministry of Energy instructed the construction project head of the region to study the involvement of companies in oil and gas industries of the region to provide facilities for the production of terephthalic acid—domestic raw base for the production synthetic fibre.
 
The synthetic fibre plant is estimated to be completed by 2016, and would be constructed by the Russian subsidiary of the German company Uhde, with an investment of 300 million rubles, allocated by the regional government of Ivanovo for the project.
 
The plant would be designed to produce up to 500 tons of fibre per day for the textile industry of the region, and up to 200 tons of polyester staple fibre and textile granulate per year.
 
The project is aimed at substituting the imports of raw materials such as cotton and polyester in the region and meet with the requirements of feedstock for the domestic textile industry. The synthetic fibre plant is estimated to create 1,400 job opportunities in the region, of which 500 would be high-tech jobs, involved in production of synthetic fibres.
 

Fibre2fashion News Desk - India

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