RUSSIA PLANS TO DOUBLE PRODUCTION OF SYNTHETIC FABRICS
November 1st, 2017
RUSSIAN textile manufacturers aim to double the country’s production of synthetic fabrics from next year with the aim of reducing dependence on imports, according to the government and industry insiders.
Over the past three years, the production of synthetic fabrics has become one of the most promising segments of Russia’s textile sector, due to ever growing domestic consumption. And analysts predict that trend will also continue to grow.
However, at present imports continue to dominate the Russian market for synthetic fabrics, commanding an 80% share of ...
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