# NeoTex to build nonwoven polypropylene plant in Tula, Russia

The Industrial Development Fund of the Tula Region approved a loan of 704.7 million rubles to NeoTex for the construction of a modern complex to produce nonwoven polypropylene materials. The total project budget is 971.7 million rubles, with an annual capacity of 12,200 tonnes and 136 new jobs.

- Type: New facility
- Announced: 2022-07-21
- Where: Tula, Tula Oblast, Russia
- Jobs: 136
- Status: announced
- Capacity: 12,200 tonnes per year
- Products: nonwoven polypropylene materials (spunbond and meltblown)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [NeoTex](https://endata.com/companies/64302.md)
- [Industrial Development Fund of the Tula Region](https://endata.com/companies/64303.md) (investor)

## Sources

- [tsn24.ru](https://www.tsn24.ru/2022/07/21/260344-tulskomu-predpriyatiyu-odobrili-zaem-na-postroyku-importozameshchayushchego-proizvodstva/), 2022-07-21: "Фонд развития промышленности (ФРП) Тульской области одобрил заем тульскому импортозамещающему предприятию «НеоТекс» на 704,7 миллиона рублей."

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