Russian Industrial Development Fund approves loan for Vtor-Kom nonwovens expansion

The Expert Council of the Russian Industrial Development Fund approved a 210 million ruble loan to Chelyabinsk-based Vtor-Kom for a 422.9 million ruble project to increase production of nonwoven materials for road construction, oil and gas, and light industry. The project will boost annual output of needle-punched fabric to 18 million sq m, bulk fabric to 3 million linear m, and polyester fiber to 12 million kg.

“The company plans to increase production volumes of nonwoven materials for road construction, oil and gas sector and light industry by more than 40%.”kommersant.ru

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• kommersant.ruФонд развития промышленности РФ одобрил займ в 210 млн рублей челябинскому заводу нетканных материалов – Коммерсантъ ЧелябинскЪ-OnlineSep 29, 2017

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