Intercor, a joint Russian-Dutch venture, has opened at the Kurskkhimvolokno integrated plant, the Information and Press Committee of Kursk region informed.
Intercor will produce carriers for winding threads produced at integrated plant. Kurskkhimvolokno's total investment in this project has reached EUR 1.6 million.
"The project has enabled PJSC KuibyshevAzot to stop importing these products, to cut costs and to improve production efficiency," the statement emphasizes.
The output will reach 2,200 at the initial stage and will have doubled to 4,400 tonnes by 2023.
"AK&M", 13.03.2018 17:37