The Supervisory Board of the SEZ «Alabuga» has approved new projects worth 9 billion rubles

© RIA Novosti / Maxim to Bogodeeva in fotobanka economic zone Alabuga. Archival photoThe Supervisory Board of the SEZ «Alabuga» has approved new projects worth 9 billion rubles© RIA Novosti / Maxim to Bogodeeva the image Bank

President of Tatarstan Rustam Minnikhanov on Wednesday held a meeting of the Supervisory Board of the special economic zone (SEZ) «Alabuga» has approved four new projects with a total investment of 9 billion rubles, the press service of the SEZ.

«For the assessment was presented four investment projects: production of PAN precursor from JSC «NPK khimpromengineering» (Rosatom), manufacture of substrates from «Rockwool», the construction of a second plant for the production of sanitary-hygienic products of the Turkish company «Hayat Kimya» and the project for the production of mineral fertilizers «INKO-TEK agro Alabuga», — stated in the message.

Details of the projects

The agreement on construction in Tatarstan plant producing PAN precursor (raw material for production of carbon fiber) was signed in June at the St. Petersburg economic forum. The design capacity of the future plant will be 5 thousand tons per year, will create 157 jobs.

The volume of investment NPK khimprominzhiniring will amount to 4.3 billion rubles, the investor will provide the design, supply technologies, and the continued operation of production.

The SEZ «Alabuga» will become a partner to build a plant, build for the initiator of the project production building area of 8 thousand square meters with infrastructure — investments «Alabuga» will amount to 2.1 billion rubles. Start of production planned in the fourth quarter of 2020.

LLC «Hayat Kimya» is the current resident of the SEZ «Alabuga» plans to build the second phase of the plant to produce sanitary-hygienic paper (toilet paper, napkins, paper towels).

The volume of investments into creation of the second phase of the plant will amount to 3.32 billion rubles. The total investment in the two stage of the plant, thus, will reach 9.5 billion. The expansion of production will lead to an increase in output from 65 to 140 thousand tons per year. Start of production is scheduled for the first quarter of 2019.

The project for the production of substrates of mineral wool Grodan initiated by the current resident of «Alabuga» and company Rockwool Russia, Rockwool International A/S. the Project is import substitution, now the supplies are from the Netherlands.

The main consumers of substrates made of mineral wool — enterprise sector greenhouse crop production. Localization of production is particularly relevant given the growth of the agricultural sector in Russia. Launch is planned for the first half of 2018.

The fourth project is the production of complex mineral fertilizers. The estimated investment amounts to 715 million rubles, the design annual production capacity is 120 thousand tons.

The project proponent expects to start production in the fourth quarter of 2018. Potential consumers — farmers of the Republic of Tatarstan and nearby regions. It is expected that the plant will produce fertilizer with the composition, specially selected for a specific field.

Tatarstan President and members of the Supervisory Board of the SEZ has approved all the projects and decided on granting the status of resident companies.

The SEZ «Alabuga» was established by the government of the Russian Federation of 21 December 2005 in the Elabuga district of the Republic of Tatarstan, is the largest and most successful SEZ of industrial production type in Russia — it accounts for 63% of revenue from all economic zones of the country.

Currently in «Alabuga» was 55 resident companies and 22 plants are already operating. The volume contracted private investment is 158 billion rubles, mastered 106,9 billion. The volume of public investment in infrastructure of the SEZ «Alabuga» amounted to 25.7 billion rubles. Created more than 5.7 thousand jobs.

Other news from the region read here >>