Pskov plant «Titan-Polymer» got the key to the future plant in «Moglino»
On August 21, in Pskov, the meeting of the Expert Council of the industrial production special economic zone «Moglino» was held under the chairmanship of Mikhail Vedernikov, designate Governor of the Pskov region. Pskov plant «Titan Polymer» was approved as a resident during this meeting.
At the solemn ceremony designate Governor Mikhail Vedernikov passed the key to the future plant on the production of stretch-films to Mikhail Sutyaginskiy, the Chairman of the Board of Directors of GC «Titan» JSC.
The enterprise is the initial stage of the large industrial complex foundation that will be engaged in the production of polyester and polymer processing. The production of stretch-films with a capacity of up to 8,000 t/y will be launched in the first quarter of 2019. The total area of the plant is around 2400 m2. The future production facility is provided with all the necessary infrastructure, including power, gas and water supply, as well as wastewater disposal. In the development of the project by 2020, it is planned to build and launch the production of polyester (polyethylene terephthalate) with the capacity of 170,000 t/y and two production lines for polyethylene terephthalate film with the capacity of 70,000 t/y. The planned scope of the investments for the industrial complex amounts 13 bln rubles.During the session «Localization As a Tool For Cluster Economy», that was held in the same day in Pskov within the visiting session of St. Petersburg International Economic Forum «Regions of Russia: new growth points. Investments in the real sector» Mikhail Sutyaginskiy, through the example of the future enterprise Titan-Polymer, told about opportunities for the complex development of the Pskov region economy and about a potential for the establishment of inter-industry cluster with the involvement of an enterprises of the Pskov region. Polyethylene terephthalate is one of the most demanded polymers. It is consumed in more than 10 industry sectors, such as food industry, consumer industry, construction industry, electrical industry, as well as shipbuilding industry. The increase of processing depth of «Titan-Polymer» products will allow manufacturing more than a hundred items of a high-margin products, in turn the production facility will correspond to the highest ecological standards».
He also noted that the creation of one high-efficiency working place at the enterprise for the production of polyethylene terephthalate ensures up to 4 additional working places at a related productions. About 500 people will be employed at the "Pskov plant "Titan-Polymer", therefore, as a result of such multiplying effect, up to 2000 working places may be created in the Pskov region.
Summary:The enterprise «Pskov plant «Titan-Polymer» Ltd. was registered on February 14, 2018, for the purpose of implementing the project of import-substituting polymer production. Process equipment for the production of polyesters (PET-granules, polyester) and products from it (BOPET-films) is the basis of the production capacities.
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