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Investors are ready to develop flax cultivation in Smolensk region
 

29.02.2016 Investors are ready to develop flax cultivation in Smolensk region

Investors are ready to develop flax cultivation in Smolensk region

Implementation of the investment project on construction of a plant on deep processing of flax became the main subject of the meeting of Acting Governor of Smolensk region Alexey Ostrovskiy with the management of LLC «Agro-industrial Corporation «Vologodchina».

The company has taken the initiative of construction of a plant on deep processing of flax in the territory of the region. It is supposed that new production capacities in Smolensk region will include production of flaxen cellulose, napkins of various density, medical materials and personal washing compositions, processing of production wastes into fuel pellets and briquettes of various application.

The director of strategic planning and development of agro-industrial complex «Vologodchina» Daniil Egorov has highly appreciated the capacity of the Smolensk region on production of flax. «You have very good dynamics in recent years, you have risen from thousands of hectares to five thousand. All other regions keep the positions without changes or show negative dynamics», - the investor has addressed to the Governor.

It requires 20 thousand hectares for construction of production capacity that will represent in the long term 6-7 plants. As a prospective site for building of agro-industrial complex «Vologodchina» it is considered a ground plot in the Vyazma district which is characterized by existence of all necessary engineering infrastructure and potential for expansion of production.

In general the realization of the investment project is planned to be enabled in three stages with gradual increase in volume of the consumed flax raw materials and also expansion of a range of production. The first stage of the project represents a construction of a plant on production of nonwoven fabrics from flax worth 1,3 billion rubles with two thousand tons production in a year and a staff of 160 people. Besides, this year in the territory of the Smolensk region the agro-industrial complex «Vologodchina» plans to organize the experimental field (400-500 hectares) on cultivation of flax for increase in productivity and decrease in expenses.

By calculations of the company investor, the term of implementation of all project will make five years at the total amount of investments of 13 billion rubles, rated capacity of the complex is to 20 thousand tons per year and creation is to 1,5 thousand new workplaces. Performance of the agro-industrial complex «Vologodchina» of the drawn-up plans will lead to significant increase in cultivated areas of flax in the Smolensk region, providing at the same time a guaranteed demand from the corporation for growing linen raw materials that will be a positive impulse for development of the agro-industrial complex of the region in general.

The parties have signed the cooperation agreement concerning development of a complex in cultivation and processing of flax in the Smolensk region.