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SAFPET

Company


Owners:
Tatneft

Assets

Owners

+ SafPET Asset (SafPET Nizhnekamsk)

History

2015

As part of the project, the company plans to create a production of terephthalic acid (TFA) and thermoplastics based on it - polyethylene terephthalates (PET). In the list of products planned for production, bottled food PET (used for the production of plastic bottles for drinks, ketchups, baby food), fiber PET (needed for the production of fibers and threads for the textile industry and cords for tire) and film PET (used for the production of films and flexible packaging). Among the main competitive advantages of the product are low cost, high consumer properties, the possibility of 100% processing, the best technical parameters.

Currently, there is no production of film PET in Russia, fiber PET is produced only from secondary raw materials and provides 30% of the needs, the food PET market is 30% dependent on imports, and the TFA market is 49%. The planned production capacity of terephthalic acid is up to 210 thousand tons per year, food bottled PET - up to 250 thousand tons per year or bottle PET - up to 200 thousand tons, fiber PET - up to 87.5 thousand tons, film PET - up to 25 thousand tons. 730 jobs will be created.

The company has already invested about 2 billion rubles in the project, plans to invest more than 16.5 billion rubles. of which the fund's loan may amount to 700 million rubles.

Askhat Battalov, General Director of SafPET LLC: "We apply to the Industrial Development Fund with an application for a loan in order to develop project documentation. The developed project documentation, which has passed the state examination, will allow in the future to organize financing of the project as a whole from Vnesheconombank. "