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Thyssenkrupp to build new PET polymer and staple fibre plant in Russia

Related Keywords: build a new PET polymer, Ivanovo region, POLYESTER PLANT IVANOVO, Russian joint-stock company, staple fibre production plant, struck deal, ThyssenKrupp Industrial Solutions

Thyssenkrupp Industrial Solutions, a leading partner for the engineering, construction and service of all industrial plants and systems has struck a deal with the Russian joint-stock company POLYESTER PLANT IVANOVO to build a new PET polymer and staple fibre production plant roughly 250 km northeast of Moscow in the Ivanovo region.

The new PET production plant will be the centre piece of a production complex for synthetic fibres. The construction of new facility is aimed at overcoming the dependence of the region's textile enterprises on imported commodities.

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