In 2017 OAO Mogilevhimvolokno is going to complete construction of the first stage of polyether production. The information is provided by the company’s specialists.
The mail goal of the project is modernization of the existing production facilities to switch to modern technologies to produce polyether goods of terephthalic acid. The project includes reconstruction of the existing facilities and construction of new ones to produce polyethylene terephthalate (PET), polyether fiber, technical threads. The project is supposed to be completed within 2 years and make EUR200 m.
In 2015 the company began the first stage of the project: to reconstruct chemical workshop №2 organic synthesis production and to launch polyether fiber production with a capacity of 50 thousand tons a year including 25.000 tons konjugate.
The second modernization stage includes construction of technologically connected production facilities of textile purpose, polyether fiber and technical threads. This stage is to be completed in 2019.
OAO Mogilevhimvolokno was founded in 1965, turned into a joint-stock company in 2003. The state share makes 90.53%. The company produces over 100 types of inductrial goods including dimethyl terephthalate, polyethylene terephthalate (PET), polyether fiber and technical threads. The enterprise’ export totals over 65%. Mogilevhimvolokno sells its goods to over 30 countries including Russia, Ukraine, China, the USA, Germany, Italy, Poland, Romania, Lithuania, Latvia.