# Baltex to invest 800M rubles expanding polyamide fabric capacity in Saratov

Baltex (Balashovsky Textile Plant) is investing over 800 million rubles to expand polyamide fabric production at its plant in Saratov, Russia. The first phase (over 300 million rubles) was completed in 2023; the second phase (500 million rubles) is planned for 2024, aiming for a 50% capacity increase.

- Type: Expansion
- Announced: 2024-01-18
- Where: Saratov, Russia, Russia
- Value: $8.90M (800.0M RUB)
- Status: announced
- Capacity: 50% increase in production capacity
- Products: polyamide fabrics, high-strength polyamide fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Baltex](https://endata.com/companies/30566.md)

## Sources

- [chemanalyst.com](https://www.chemanalyst.com/NewsAndDeals/NewsDetails/baltex-plans-to-expand-polyamide-fabric-manufacturing-in-russia-24629), 2024-01-18: "Baltex foresees commencing the second stage of production modernization in 2024."

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