The Chairman of Vnesheconombank Sergei Gorkov highlighted the project of a textile grade polyethylene terephthalate production plant in the Ivanovo region as one of the most important in 2016. At a working meeting with Russian President Vladimir Putin, the head of VEB reported about the results of the work of the state corporation during last year.
Let us remind that the project was approved by the Supervisory Board of VEB on December 21, 2016. The project is implemented in Vichuga, a single industry town. The capacity of the plant is expected to reach 175,000 tons per year and 30,000 tons of PET- chips per year.