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thyssenkrupp to build new PET production plant in Russia

On December 1, 2016, ThyssenKrupp Industrial Solutions, a partner for the engineering, construction and service of industrial plants and systems, has signed an agreement with the Russian joint stock company Polyester Plant Ivanovo to build a new PET polymer and staple fibre production plant.

The facility with an annual production capacity of up to 200,000 tons of polyester polymer will be built in the Ivanovo region, roughly 250 km northeast of Moscow. The new PET production plant will be the centerpiece of a production complex for synthetic fibres. As a subcontractor to ThyssenKrupp, Oerlikon Neumag will be responsible for the delivery of three staple fibre production lines. The contract awarded to ThyssenKrupp is worth around €150 million and includes engineering, procurement and the supervision of erection and commissioning.

In April 2016 Euro Petroleum Consultants (EPC) provided consulting services for Polyester Plant Ivanovo. Our services included technical audit, review and comparison of PET and staple fiber technologies chosen for the plant as well as analysis of their compliance to modern requirements and development level of science and technology. We are glad that the project is going ahead!




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