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Denis Manturov supported the implementation of the "Ethylene-600" industrial park development breakthrough project


The presentation of the industrial park «Ethylene-600» took place on November 26. The event was visited by Denis Manturov, Deputy Chairman of the RF Government - Minister of Industry and Trade, Rustam Minnikhanov, Chairman of the Supervisory Board - President of the Republic of Tatarstan and Irina Okladnikova, member of the Supervisory Board - Deputy Minister of Finance of the RF.

The chief guests highly appreciated and supported the implementation of the breakthrough scenario of the «Ethylene 600» industrial park development, which implies advanced financing of the infrastructure construction in the amount of 116 billion rubles.

Ethylene 600 Industrial Park creates a unique opportunity for producers of low- and medium-tonnage chemicals to get access to oil and gas chemical raw materials. The anchor projects will be implemented by JSC Nizhnekamskneftekhim (a member of SIBUR group). The total volume of private investments will amount to 1.3 trillion rubles.

In 2021 imports of MDI in Russia reached 28.4 billion rubles, ultra-high molecular weight polyethylene - 3.6 billion rubles, and epoxy resin - 16.6 billion rubles. That is why the Special Economic Zone «Alabuga» is considering a wide list of prospective projects for localization of production on its territory.

«Ethylene-600 will be the only site in Russia where a unique window of opportunity is created for producers of small- and medium-tonnage chemistry to get access to oil and gas-chemical raw materials. There is no second of its kind in our country» noted Timur Shagivaleev, General Director of Alabuga.

«Alabuga» today is the largest and most effective special economic zone on the territory of the Russian Federation. The total volume of private investment is 158.5 billion rubles, more than 10 thousand jobs were created, and the residents' proceeds in 2021 amounted to 136 billion rubles, which confirms the effective work of the enterprises. «Alabuga» is a full-cycle partner, which provides the best engineering, construction, personnel, social infrastructure. More than 30 unique import-substituting productions are located on the territory of SEZ, which are leaders in their industries.

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