On September 16, 2020 KuibyshevAzot started up its first European compounding line and the seventh globally at its STFG fibre spinning site in Rudolstadt, Germany. Total investment in the project exceeds EUR 3 million. The new equipment supplied by Germany's Krauss Maffei Extrusion GmbH has a capacity of 12 KT, the company informed.
KuibyshevAzot is currently the leading caprolactam producer in CIS and Eastern Europe and is consistently implementing a program of building up advanced processing of these products. Engineering plastics production is one of the key downstream area for caprolactam processing. In line with its strategy to increase high value-added product output, KuibyshevAzot expanded its portfolio of high-performance materials by setting up EP facilities in Shanghai, China in 2007. In 2011 the company strengthened its presence in the growing domestic market for compounds and commissioned capacities at its joint venture in Togliatti, Russia.
In 2011, KuibyshevAzot acquired assets of PA STFG Filamente GmbH. This producer of polyamide yarn was fully integrated into KuibyshevAzot's polyamide supply chain. The launch of the new production of polymer-composite materials in Germany will enable KuibyshevAzot to expand the offering of its products and services for European consumers.
Due to its outstanding properties, such as high mechanical strength, thermal stability, good electrical insulation properties, resistance to chemicals and simple processing Polyamide 6 based engineering plastics became indispensable in almost all sectors of engineering.
PJSC KuibyshevAzot is a leading Russian chemical producer. Group includes about 40 organizations, among them production and logistics assets, a distribution network and trading companies in various regions of the Russian Federation and abroad. KuibyshevAzot is the leading manufacturer of PA6 in the CIS and Eastern Europe and the only Russian producer covering the whole range of PA6 products. The company's share in the total polyamide output reaches 99%. IFRS revenue of KuibyshevAzot Group amounted to RUB 57.4 billion.