Construction for Russia’s first synthetic textile, including fibre and yarn, manufacturing complex will begin this year. Approximately 25 billion rubles ($419 million) is being invested to set up the project that is expected to start production in 2020. The project will come up in Vichuga town, located in the Ivanovo region of the Central Federal District.The modern integrated plant for synthetic textiles would have capacity to produce nearly 200,000 tons of synthetic fibre and yarn per year, Ivanovo governor Pavel Konkov told reporters, according to the Russian media.
Preparatory procedures are already underway, ahead of the actual construction that is planned to start in summer of this year.
Construction for Russia's first synthetic textile, including fibre and yarn, manufacturing complex will begin this year. Approximately 25 billion rubles ($419 million) is being invested to set up the project that is expected to start production in 2020. The project will come up in Vichuga town, located in the Ivanovo region of the Central Federal District.#
Vichuga town is located 65 kilometres northeast of Ivanovo. (RKS)
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