The Plant for Synthetic Threads

The Plant for Synthetic Threads
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In the Ivanovo region, a production centre for synthetic threads and fibers for local enterprises in the textile industry, which will be united in an industrial cluster over time, is to be created. As reported to via the regional press service, the plant will be the first such enterprise in Russia.  The production capacity of polyester fiber will be 200,000 t a year. The creation of the industrial park "Vichuga", located on 180 hectares in the territory, will provide space for the textile enterprises which will recycle fiber and textile granulate. The project will be presented at an investment forum in Sochi in order to find the 17.7 billion rubles which are necessary for realization of the project, which is already ready and has passed the state examination. In the case of the necessary investment agreements being made at the forum in September 2015, work on the building site can begin in December.