As reported by the Press Office of the Mayor’s Office of Volzhsky, Chinese investors presented the first project, which is planned for implementation in the territory of the satellite town of Volgograd. This includes the construction of an absorbent underwear plant.
The newly opened Russo-Chinese enterprise in the Dzerzhinsky District of Volgograd has created over 70 jobs after commissioning its galvanized steel plate polymer coating plant. Total investments are RUB 1.8 bn.
A large investment contract has been signed between BCS GC LLC and Vostok (China) in the Volzhsk Chamber of Commerce. Together with its foreign partners, the local company plans to establish production of absorbent underwear and other means of rehabilitation. The total investment is more than 10 billion rubles.
According to Mr. Sergei Zyuzya, CEO of Sika, Swiss chemicals company, it has commissioned its concrete plasticizer production line at its Volgograd plant. It is already the sixth production facility the company has inaugurated in Russia. It took approximately RUB 110 m to implement the entire project.
Sika, the Swiss group of companies specializing in production of construction chemicals and transport engineering, plans to open three new plants in Russia prior to 2018 in Yekaterinburg, Volgograd and Lobnya.
Nikochem Group of Companies and Sinopec, China, are going to create a gas chemical complex in Volgograd. Its cost can be as high as $2 billion.