Moscow -- The polyurethane industry in Russia is on the verge of big changes as the economy recovers from its crisis, domestic demand grows and companies restart investment.
For example, the FomLine Group of Companies, one of Russia’s largest polyurethane producers, will launch a flexible polyurethane foam plant in Kuznetsk, Penza by the end of the year. The new plant will have the capacity to produce 8 kT/year, it will be located within Kuznetsk Technopark, one of the largest industrial zones in Central Russia. It will supply the local furniture cluster located nearby.
Initially implementation of the project was planned for the summer of 2016, however, the Russian polyurethane industry was quiet in 2016 and the launch was suspended until the end of 2017.
At the same time, in addition to FomLine, Vega is building a facility to make polyurethane foam for mattresses and upholstered furniture in the Krasnodar region. It is expected that this will be commissioned in the middle of 2018.