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Polymatiz will expand production of PP thermal insulation membranes

November 29/2021

MOSCOW (MRC) - Polimatiz (a subsidiary of Nizhnekamskneftekhim) will acquire a new line to increase the production of two-layer and three-layer vapor-permeable polypropylene membranes under the PolyspanStroy trademark, the company said.

The new production capacity will be 12 million square meters. m of products per year, and the localization of raw materials will be 100%. The main consumers will be large manufacturers of roofing and waterproofing materials.

The implementation of the project became possible, among other things, due to the attraction of a loan from the Industrial Development Fund (VEB.RF Group) in the amount of 68.3 million rubles. under the program "Labor productivity". The company is expected to increase labor productivity by 30% after the project is completed.

In total, at the last expert council of the IDF, 17 loans were approved for the implementation of projects in the Moscow, Rostov, Lipetsk, Sverdlovsk, Penza, Tomsk and Tula regions, in the Perm Territory, Sevastopol, as well as in the republics of Karelia and Tatarstan. The amount of loans from the IDF will exceed Rb2.28 bn, and the total budget for project implementation - Rb5.3 bn.

Earlier it was reported that Polymatiz in April last year began production of medical masks from a new production line. On April 13th, the line started operating at full capacity. The line capacity is 2.4 mln units per month.

According to the ICIS-MRC Price Rport, purchasing activity on the Russian PP spot market is still low. Most of the prices of Russian PP were stable during the week with a few exceptions. The supply of propylene homopolymer (PP-homo) from some sellers is limited, but there is no need to speak of a shortage. Many companies have already closed all of their deals for November deliveries.

The Polymatiz company was founded in 2006, and the official opening of the enterprise and the commissioning of equipment with a design capacity of 10 thousand tons of thermal insulation per year took place in July 2009.
Author:Anna Larionova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer, PP-stat, Polymatiz, Nizhnekamskneftekhim, Russia.
Category:General News
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