The US company 3M will transfer part of the equipment from the UK to the SEZ Alabuga, spending $1.4 million on the development of the plant in Tatarstan. This was announced by Mats Friberg, Director General of 3M Russia and the CIS.
By now 3M has registered 12 patents in Russia thanks to the work of its laboratories, several applications are under consideration, also it should be noted that a significant part of inventions are protected as commercial secret. Today we start localization of more sophisticated products like positive pressure supplied air respiratory protective equipment and welder's protective screens. Just as in case of the start of production of light respiratory devices and other products, we start our work from assembly operations and production of separate components, then we intend to gradually increase the degree of localization of our products, Sergey Dmitruk, R&D Director of 3M Russia, said.
The company 3M will make an additional investment for the further production expansion in Russia. It was reported in the company message, following the results of the meeting of the expert board on industrial production special economic zones of the Ministry of Economic development of the Russian Federation, where the company 3M presented the further business development strategy for the special economic zone (SEZ) “Alabuga”.
The company 3M has two manufacturing units at the territory of the Russian Federation. The production of the company has been manufactured at the plant in Volokolamsk since 2008.
In 2015 the plant ‘3M Volga’, situated at the territory of the SEZ ‘Alabuga’ started to work. At the first stage of the project implementation the production of anticorrosion protection for oil and gas industry (liquid, epoxide and polyurethane coatings), the projected production volume shall be about 2.5 million liters per year.
Nowadays the production for oil and gas industry is manufactured at the plant 3M in Yelabuga, which is widely used in the construction and repair of gas and oil pipelines. At further stages of the project implementation in accordance with actual market needs it is planned to produce glass microspheres in the amount of 5.87 million kg/year, abrasive tapes and disks in the amount of 22.8 million units and 35.2 sq. meters of tape per year, and also industrial adhesives and tape in the amount of 110.2 million square meters per year. For the project implementation at the territory of the plant ‘3M Volga’ investments will be continued, its total amount for this project comprises 1.94 billion rubles. 100 workplaces are going to be created at the enterprise”.
ЗM Volga Plant for the production of liquid anti-corrosion coatings for oil and gas industry was opened on October 21 in the territory of Alabuga Special Economic Zone. The opening ceremony was attended by President of Tatarstan Rustam Minnikhanov.
The plant of international corporation 3M became the second largest facility in Russia. The first stage of the project makes provisions for the annual production of 2.5 million litres of liquid epoxy and polyurethane coatings. The company plans to fully supply the Russian market with locally produced products and establish supplies to the CIS countries.
Director General of 3M Russia Robert Nichols pointed out that the decision to expand production capacity and invest in the construction of the plant in the Alabuga SEZ was adopted by the company in 2012 within the framework of long-term strategy of localization in Russia. Investments in the project amounted to 922 million rubles.
"Today we are launching the first line. In future we plan to work to increase the production capacity and extend the products range,” he said, expressing confidence that close cooperation with the Republic of Tatarstan will be continued and will allow to achieve new results.
Minnesota-based industrial materials supplier, 3M Company, has announced its plans to build a plant for the production of epoxide corrosion coatings, hollow glass microspheres, abrasives and adhesive tapes in the Alabuga special economic zone, Russia.
$300 million will be invested in the next three years. Production is due to start in late 2014.
Company's website: www.3m.com
Contact: Linda G. Alvarado, President and CEO
3M Company is a dynamic diversified international corporation with a century of history and many years of tradition. The company produces thousands of unique products and holds a leading position in many areas of production: from healthcare products to products for home and office.