# Titan-Polymer to build BOPET and PET plant in Pskov region

Titan-Polymer signed a financing agreement with Gazprombank to build a plant in the Moglino SEZ, Pskov region, producing BOPET film (72,000 t/yr) and PET granules (210,000 t/yr). Total project cost is 16.7 billion rubles.

- Type: New facility
- Announced: 2020-09-11
- Where: Pskov region, Moglino SEZ, Russia
- Value: $225.0M (16.7B RUB)
- Status: announced
- Capacity: BOPET film: 72,000 t/yr; PET granules: 210,000 t/yr
- Products: biaxially oriented polyethylene terephthalate film, polyethylene terephthalate granules
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [petnology.com](https://www.petnology.com/online/news-detail/the-titan-polymer-plant-will-be-built-using-funds-from-one-of-the-largest-banks-in-russia), 2020-09-11: "The Titan-Polymer plant is necessary not only for the Pskov region. The whole country needs it."

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