Titan-Polymer

The Russian Ministry of Industry and Trade announced that about 3 billion rubles will be allocated for infrastructure development of the Mogilino-2 site in Pskov Oblast by 2024, supporting anchor resident Titan-Polymer's PET and BOPET film production project.

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.

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.

Titan-Polymer is completing construction of the main production building for BOPET film at its plant in the Moglino SEZ, Pskov region. The first phase includes two lines with capacity up to 72,000 tons per year, with the first line expected to launch by end of 2020. Investment so far is about RUB 3.8 billion.

The first stage of the Titan-Polymer plant for BOPET film production was presented in Pskov. The plant will be built in the Mogilino special economic zone in Pskov region, with investments of 8.5 billion rubles, creating 330 jobs. Production is planned to start in 2021.

Pskov Plant Titan-Polymer is building a large industrial complex in the Mogilino Special Economic Zone in Pskov, Russia, to produce BOPET films and PET granules. Investment is over 13 billion rubles, with capacity of up to 70,000 tonnes of BOPET film and 170,000 tonnes of PET granules per year, creating over 500 jobs.

Titan-Polymer, anchor resident of the Moglino SEZ in Pskov region, signed a contract with German company Kampf Schneid- und Wickeltechnik GmbH for the supply of 5 units of equipment for longitudinal slitting of BOPET film rolls. This supplements two production lines from Dornier. Total investment in the complex is about 13 billion rubles.

Pskov Plant Titan-Polymer was approved as a resident of the Mogilino SEZ and received keys for a new stretch film production facility with capacity up to 8,000 tonnes per year, to be launched in Q1 2019. A larger polyester and PET film complex is planned for 2020 with total investment of 13 billion rubles.

Titan Group plans to build a PET and polymer processing plant in the Moglino SEZ, Pskov region, Russia. The first phase, a PET granule plant, is to be completed by 2020. Total investment is 19 billion rubles.