Mogilevkhimvolokno OJSC has commissioned a strap production line with a capacity of 600 tonnes a year, Vice Director General Sergey Khramtsov told Interfax.
In his words, the project was carried out within the framework of the national import replacement project. Previously the company had to rely on trap imports from Russia.
Mogilevkhimvolokno is one of Europe's leading producers of polyester fibres and threads and the only manufacturer of polyethylene terephthalate in the CIS. It was established in 1968 and transformed into a joint-stock company in 2002. 99.95% of the equity capital belongs to state. The company employs about 13,000 people.
In January-September 2007 the company produced BYR 480.7 billion worth of goods, or 13.4% up on the year. Consumer goods output grew 4.8. Over the stated period the company exported $150 million worth of goods.