MOSCOW (MRC) - NPP POLYPLASTIC, the largest Russian manufacturer of thermoplastic composite materials, plans to commission two compounding lines in Engels this year, the company said.
Investments in equipment amounted to EUR3.3 mn euros (Rb286 mn). After reaching the design capacity by 2022, these lines will produce 20,000 tonnes of material per year in addition to the volume that is already being produced today, and in 2023 it is planned to build a plant in the Special Economic Zone (SEZ) of the Volga region.
The report notes that in August 2021, NPP POLYPLASTIC celebrates its 30th anniversary. The company has produced 2 mn tonnes of thermoplastic compounds in three decades.
Earlier it was reported that RPC "POLYPLASTIC" plans to increase the volume of exports several times in the near future.
NPP "POLYPLASTIC" plans to modernize 50% of production lines by 2025 in terms of automation of the control system and traceability of production process data.
NPP "POLYPLASTIC" produces more than 250 grades of polymer compounds, providing localization of plastic materials in such industries as the automotive industry, household and electrical engineering, cable and construction industries. The company supplies materials for the manufacture of plastic auto components for models of leading car manufacturers: AvtoVAZ, UAZ, GAZ, Volkswagen, Hyundai, Skoda, Kia, and others. Global brands-manufacturers of white household appliances - Indesit, B / S / H, LG, BEKO - are also partners of the Russian compounder.
MRC