The corner stone of industrial complex “3M Volga” laid today in SEZ “Alabuga”

Today, international industrial corporation 3M, being a leader in developing innovative solutions for the oil and gas, telecommunications, electrical and electronics industry laid the corner stone in the foundation of the plant for the production of corrosion protection products for the oil and gas industry (liquid epoxy coating, liquid polyurethane), glass microspheres, abrasive belts and discs, as well as industrial adhesives and tapes, located in special economic zone “Alabuga”.

The grand ceremony was attended by President of the Republic of Tatarstan Rustam Minnikhanov, Deputy Minister of Economic Development of the Russian Federation O.G.Savelyev, Director General of company “3M Russia” Timothy A.Kenig and heads of the Republic’s ministries and departments.

Production complex “3M Volga” is an important part of the program to localize the production of innovative products of “3M” in Russia, as well as to localize research and patent activities. The production is to be started at the end of 2014; the project is expected to create 92 jobs.

President of Tatarstan Rustam Minnikhanov, Deputy Minister of Economic Development of the Russian Federation O.G.Savelyev, member of the Board of the State Corporation “Rosatom”, First Deputy Director General for Operations Management A.M.Lokshin, Director General of CJSC “Holding Company “Kompozit”  L.B.Melamed together with invited guests also visited the production site of LLC “Alabuga – Volokno” the construction of a plant for the production of carbon fiber with the capacity of 1,500 tons per year is being completed. This project was initiated by CJSC “Holding Company “Kompozit”, a Russian holding company engaged in the production of polymer composite materials based on carbon fiber.

The creation of a cluster for the production of composite materials and products in SEZ “Alabuga” was discussed at the meeting in the administrative and business center of SEZ “Alabuga”. This is especially important since Republic’s target program “Development of Housing Construction in the Republic of Tatarstan for 2011-2015” defined the production of the materials based on glass basalt carbon plastics (plastic fittings, composite panels, pipes, profiles of different sections) as a priority in the development of the construction sector. Taking into account the technical characteristics that allow composites to compete with traditional ones as well as a long-lasting upward trend in energy prices, and thus, in metal prices, we can talk about a long -term increase in the use of composite materials.