# SK Povolzhye and Volgatechnool to invest 8.3 billion rubles in Tolyatti projects

SK Povolzhye will build a new cable and wire plant in Tolyatti, relocating production from Sevkabel. Volgatechnool will build a sulfuric acid and oleum plant with capacity of 500,000 tonnes/year. Total investment is 8.3 billion rubles, creating 419 jobs.

- Type: Investment
- Announced: 2019-04-25
- Where: Tolyatti, Samara Oblast, Russia
- Value: $129.0M (8.30B RUB)
- Jobs: 419
- Status: announced
- Capacity: 500,000 t/year (sulfuric acid/oleum)
- Products: cable and wire products, sulfuric acid, oleum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SK Povolzhye](https://endata.com/companies/38352.md)
- [Volgatechnool](https://endata.com/companies/39015.md)
- [PK Sevkabel](https://endata.com/companies/38353.md) (partner)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/3955017), 2019-04-25: "Инвесторы готовы суммарно вложить 8,3 млрд. рублей и создать 419 новых рабочих мест."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.