Basalt fiber factory in the Chaplyginskaya SEZ (special economic zone) will be constructed by Polimer-Sintez LLC, which obtained the status of a SEZ resident last year. The issues connected with a land for construction are now under consideration, and the company is going to get a loan to implement this project.
According to the press, the construction of factory facilities is to
The Chinese company is a co-investor of the Lipetsk factory to provide their basalt fiber manufacturing technology for 30% stake in the future enterprise. As for Polimer-Sintez, it was founded by Belgorod located BelPolimerNano (68% of the authorized fund) and the Russian individuals (32% of the authorized fund) in 2016.