OMSK, July 20. /TASS/. Russia will finish import substitution in the field of polypropylene by 2030 and will start to export it, mainly to South-East Asia, Russia’s Energy Minister Alexander Novak said Monday.
"We assume that by 2030, 9 new bulk polymers production units will be launched. Aggregate investments will exceed 2.2 trillion rubles ($38.5 bln). This will allow boosting bulk polymers production volumes by 11.1 mln tonnes, and getting rid of import dependence on them," Novak said.
In particular, by 2030 Russia will face surplus of polypropylene production and will start to export it, to the countries of South-East Asia in the first place, he added.