NEW RUSSIA POLYESTER PLAN GOAL IS TO SOLVE PROBLEM OF RAW MATERIALS SHORTAGE IN DOMESTIC TECHNICAL TEXTILE INDUSTRY
January 1st, 2018
A NEW polyester plant is to be built in a Russian textile production hub to overcome a shortage of domestic technical textile and nonwovens raw materials and, ideally, launch the export of those materials to the European Union (EU) market.
The Russian federal government, together with the Ivanovo regional government (oblast), north east of Moscow, are now building an Ivanovo Polyester Complex, which they hope will become a major supplier of raw materials once it starts operations in early 2019.
The new plant, which will be owned and operated by JSC ...
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