Istrem LLC to build technical textiles plant in Moglino, Russia

Istrem LLC plans to invest up to RUB 1.2 billion ($20 million) in a new technical textiles plant in the Moglino special economic zone in Russia's Pskov region. The plant will produce technical textiles with polyurethane covering, with a capacity of 1 million square meters per year, and is expected to be commissioned in mid-2018, creating over 100 jobs.

“Istrem LLC hopes that the new plant will be officially commissioned in the middle of next year.”innovationintextiles.com

• 1 source
• innovationintextiles.comMoglino to become new centre of Russian technical textiles productionEugene GerdenJun 6, 2017

Summarized from public sources; check the original articles before acting on it.