MOSCOW TIME: 28.04.2024 12:53:49

Companies + Economy + Local News + Markets

Russian-German joint venture will start a production of maleic anhydride in the SEZ Alabuga

Russian-German joint venture will start a production of maleic anhydride in the SEZ Alabuga

At the recent meeting, a supervisory council of the special economic zone “Alabuga” approved a project on maleic anhydride production “Kamatech”. The estimated volume of investments is 9.958 billion rubles. The new factory will be located in the territory of the special economic zone and produce 40 thousand tons of liquid and granulated maleic anhydride per year.



Russian-German joint venture will start a production of maleic anhydride in the SEZ Alabuga


At the recent meeting, a supervisory council of the special economic zone “Alabuga” approved a project on maleic anhydride production “ÎÎÎ Kamatech”. The estimated volume of investments is 9.958 billion rubles. The new factory will be located in the territory of the special economic zone and produce 40 thousand tons of liquid and granulated maleic anhydride per year. The production output may further increase to 60 thousand tons per year. The factory is scheduled for launch in the second quarter of 2018.


“OOO Kamatech” is a joint venture of Russian “OOO Pa-Rus” and German engineering company Chemieanlagenbau Chemnitz GmbH (CAC). According to the Unified State Register of Legal Entities, “OOO Kamatech” was registered in Yelabuga in May, 2015. The head of the company is Mikhail Selivanov, the founder of “OOO Pa-Rus”, Perm Region. CAC constructs industrial plants and implements process technologies in the field of oil and gas refining, petroleum and inorganic chemistry as well as fine and special chemistry.


Maleic anhydride is used mainly in the manufacture of polyester resins. It is used also for the synthesis of fumaric and malic acids, maleic acid hydrazide, defoliants, fungicides, insecticides, as well as alkyd resin modifier and additive to lubricating oils. Currently, Russia does not produce maleic anhydride. The main importers are based in China, Korea and Japan.



Share this:

Share this Share this Share this
   

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russia’s trade turnover with African states up 17% in 2018

Russia’s trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners