Russia focus on increasing production of technical textiles through new projects

Related Keywords: Balashov textile mill, BTK Group, designed package of measures, Dupont, increase production, increase share of domestically made, new investment projects, nonwoven industries, Russian Ministry of Industry and Trade, support technical textiles

Moscow
Russia focus on increasing production of technical  textiles through new project
Summary: 
The Russian Ministry of Industry and Trade has designed a package of measures, aimed at supporting the country’s technical textiles and nonwovens industries that is steadily growing. This is reflected by the number of new investment projects announced for implementation in recent months. The increase in production of technical textiles is part of the ambitious plans of the Russian government for the increase of the share of domestically made technical textiles - up to 80% of the local market by 2020.

The Russian Ministry of Industry and Trade has designed a package of measures, aimed at supporting the country’s technical textiles and nonwovens industries that is steadily growing. This is reflected by the number of new investment projects announced for implementation in recent months. The increase in production of technical textiles is part of the ambitious plans of the Russian government for the increase of the share of domestically made technical textiles - up to 80% of the local market by 2020.

http://www.innovationintextiles.com/industry-talk/new-projects-to-create-growth-conditions-for-russian-technical-textiles/
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Russian nonwovens and technical textiles faces biggest decline in demand

Related Keywords: countires of Custom union, domestic market, illegal reexport, polyester, polypropylene, raw material, Russian Ministry of Industry and Trade, Russian nonwovens, technical textile industry, volatile commodity prices

Moscow
Russian nonwovens and technical textiles faces biggest decline in demand
Summary: 
The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the ongoing currency jumps; the ever growing volume of illegal re-exports of technical textiles and nonwovens to Russia through the other countries of the Customs Union, and in particular Kazakhstan and Belarus; volatile commodity prices and the high level of depreciation of equipment at the majority of the industry’s enterprises might put the industry in tight spot.

The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the ongoing currency jumps; the ever growing volume of illegal re-exports of technical textiles and nonwovens to Russia through the other countries of the Customs Union, and in particular Kazakhstan and Belarus; volatile commodity prices and the high level of depreciation of equipment at the majority of the industry’s enterprises might put the industry in tight spot.

http://www.innovationintextiles.com/russian-nonwovens-and-technical-textiles-on-verge-of-crisis/
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