A special investment contract worth more than 1 billion rubles for the implementation of a 7-year project on the organization of chemical products manufacture for the foundry industry was signed in the Sverdlovsk Region. This was reported to journalists in the Department for Information Policy of the Head of the Region.
The Swiss chemical company Sika has expanded its production facilities in Russia by opening plant for the production of additives to concrete near Yekaterinburg, states the Company’s release.
Minicut Tool Production, a Russian-Korean company of the Titanium Valley special economic zone (SEZ) plans to launch a plant for the production of Minicut cutting tools at the end of the year.
Now the company has completed the construction and proceeded to the equipment installation. Co-investor of the plant is Korean Corporation YG-1 - one of the world leaders in the cutting tools production. According to the press service of the Titanium Valley, it will be the third plant launched in the Titanium Valley in 2018.
The Ural Federal University (UrFU) and the Northwestern Polytechnic University of China plan to produce titanium powders for 3D printers. Opportunities for cooperation between the universities were discussed at representatives talks in China, reported the UrFU press service on Wednesday.
The Austrian-German company Uralchimplast-Huttenes Albertus will launch production of synthetic binders for complex alloy castings in Nizhny Tagil by 2020. The project value is estimated at more than 1.1 billion rubles, and the payback period is 6 years. This will be the first production of such kind in Russia, which will reduce the level of imported materials in the domestic market from 35% to 23%. Experts believe that with the full capacity the company will cover the need for abroad procurement.
On Wednesday, American Boeing Corporation and VSMPO-AVISMA opened Ural Boeing Manufacturing 2.0 (UBM), a new production facility, in the Titanium Valley special economic zone (SEZ), told Governor of the Sverdlovsk Region Evgeniy Kuyvashev.