# Titan-Polymer plans $222.9M polymer project in Moglino SEZ, Pskov

Titan-Polymer is developing a 13 billion RUB ($222.9 million) project in Moglino SEZ, Pskov, Russia, to produce polyesters (PET pellets) and BOPET films. The project is expected to create 500 jobs.

- Type: Investment
- Announced: 2020-07-15
- Where: Moglino SEZ, Pskov, Russia, Russia
- Value: $222.9M
- Jobs: 500
- Status: announced
- Capacity: 72,000 tons per year BOPET film, 210,000 tons per year PET granules
- Products: PET pellets, BOPET films
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Titan-Polymer](https://endata.com/companies/32936.md)
- [Gazprombank](https://endata.com/companies/20188.md) (investor)

## Sources

- [akitrf.ru](https://www.akitrf.ru/en/news/titan-polymer-moglino-sez-pskov/), 2020-07-15: "Titan is developing 13 bln RUB project in Moglino SEZ."
- [titan-polymer.ru](https://titan-polymer.ru/en/news/titan-polymer-plant-will-be-constructed-using-funds-from-one-of-the-largest-banks-of-russia/), 2020-08-21: "Titan-Polymer Ltd and Gazprombank have signed a Project Financing Agreement for the construction in Pskov region of the biaxially oriented polyethylene terephthalate film (BOPET) production plant with a capacity of up to 72 thousand tons per year and polyethylene terephthalate granules (PET) pellet "

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