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12-06-2016

thyssenkrupp to Build a New PET Production Plant in Russia

At the signing ceremony (from left): Stefan Bartz, Vice President Sales Uhde Inventa-Fischer, Dr. Christoph Niehus, CFO Uhde Inventa-Fischer and Sergey Nikolaev, General Director JSC "Polyester Plant Ivanovo" (© thyssenkrupp Industrial Solutions)

thyssenkrupp Industrial Solutions, a leading partner for the engineering, construction and service of industrial plants and systems, has signed an agreement with the Russian jointstock company Polyester Plant Ivanovo to build a new PET polymer and staple fiber production plant. The facility with an annual production capacity of up to 200,000 t of polyester polymer will be built in the Ivanovo region, roughly 250 km northeast of Moscow. The contract awarded to thyssenkrupp is worth around EUR 150 million and includes engineering, procurement and the supervision of erection and commissioning.

The new PET production plant will be the centerpiece of a production complex for synthetic fibres. Its construction is aimed at overcoming the dependence of the region's textile enterprises on imported commodities. As a subcontractor to thyssenkrupp, Oerlikon Neumag will be responsible for the delivery of three staple fiber production lines.

Uhde-Inventa Fischer, a subsidiary of thyssenkrupp Industrial Solutions, has successfully constructed more than 450 polymer plants worldwide, including several projects in Russia: In 2011, the company and its customer Alco-Naphtha put the first state-of-the-art MTR plant into operation for the production of 240,000 tons of high-quality PET per year. Other projects include a 100,000 ton per year PET production line built for Senege and three polyamide production lines built for KuibyshevAzot.

Company profile

thyssenkrupp Industrial Solutions AG

ThyssenKrupp Allee 1
DE 45143 Essen

Uhde Inventa-Fischer GmbH & Co. KG

Holzhauser Straße 157-159
DE 13509 Berlin
Tel.: 030 43567-5
Fax: 030 43567-899

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