Kurskhimvolokno invests RUB 1 billion in equipment upgrade
For 11 months of 2014, Kurskhimvolokno invested RUB 1.12 billion in the modernization and upgrade of the primary manufacturing equipment, according to a statement made by the information support management of Kursk region's Information and Press Committee.
The higher quality and improved properties of Kurskhimvolokno's products strengthened the company's positions in the international market and enabled it to expand the order portfolio. For 11 months of 2014, the company produced chemical fibers, yarn and fabric for a total amount of RUB 1.808 billion (+30% year-on-year).
Kurskhimvolokno LLC delivers products to more than 20 countries of the world such as Turkey, Italy, Spain, the Czech Republic, Germany, Iran, Vietnam, Indonesia, the USA and others. Exports account for more than 40% of Kurskhimvolokno's total sales.
