Russia's Megapolis building BOPP films plant

Richard Higgs

Published: January 11, 2013 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet

SHAKHTY, RUSSIA (Jan. 11, 10:25 a.m. ET) — A Russian investment group has launched the first stage of a project to construct a 70,000 metric ton per year biaxially oriented polypropylene films plant in the country’s Rostov region.

In early December, senior Russian federal and regional government officials joined top management of Rostov-on-Don-based Megapolis Group at a ceremony at the project site in Shakhty. The event marked the driving of the first foundation pile for the new plant.

The unit, to be run by Megapolis subsidiary business Waterfall PRO, will operate two production lines for 3-5 layer BOPP packaging film at the plant for applications including labels, food and non-food packaging.

A 5-layer production line will turn out more than 40 different oriented film products, according to the group.

On the same day, Megapolis group signed a contract with Russian petrochemicals giant Sibur Holding for the future supply of PP resin for the Shakhty facility.

The Rostov project, which is to create jobs for 250 workers, took shape when Waterfall PRO signed a formal memorandum of cooperation with the Rostov administration at the Sochi 2012 international economic forum in southern Russia in September.

The plant is in line with the Russian government’s strategy of developing the national chemical and petrochemical industry, Denis Manturov, federal industry and trade minister. said at the site.

In business since 1993, the Megapolis Group plans to invest more than 98 million euros ($130 million) in the Rostov BOPP project, according to Chairman Konstatin Kuzin, who took part in the launch ceremony.

The diversified Russian investment group also has interests and operations in the fuel and energy, textiles, property development and leisure sectors.


Comments

Russia's Megapolis building BOPP films plant

Richard Higgs

Published: January 11, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

RPC expansion provides the space needed for continued growth

September 22, 2014 11:46 am ET

MORGANTOWN, PA. — Success, over time, created a challenge for RPC Bramlage-Wiko USA Inc. in this rural Eastern Pennsylvania town....    More

Image

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Image

NY packaging company aims for zero waste

September 16, 2014 1:36 pm ET

Plastic folding carton maker Diamond Packaging is no longer sending any manufacturing waste to landfills.    More

Image

American Renolit sees steady gains in the film market

September 16, 2014 11:51 am ET

American Renolit Corp. has changed its product mix, changed its customer base and managed to grow in a market that was initially skeptical about the...    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized packagin...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events