3M localizes innovative production in Russia: Tatarstan

On October 21, 2015 at 12:00 in the Special Economic Zone "Alabuga" will be held the opening ceremony of the 3M plant and launch its first production line for the production of liquid anti-corrosion coatings for the oil and gas industry.
The expected capacity of the production line is 2.5 million liters per year, it will allow company in the near future to fully provide the Russian market with the products of local production. With the localization of Scotchkote coatings production in Russia, 3M's leadership take into consideration the Russian Government plans to improve the investment climate in Russia and the transfer of modern technologies to carry out modernization and technological re-equipment of industries.
Scotchkote epoxy resin coating is in the demand on the Russian market and is used in industrial processes in the production of pipes, and in the repair and restoration of oil and gas pipelines in the field. These coatings are used in the construction of pipelines "Power of Siberia", "Turkish Stream", "Central Asia-China". The production line is certified in compliance with all industry requirements, the plant completed commissioning works, produced the first testing products.
The opening ceremony will participate Tatarstan President Rustam Minnikhanov, Tatarstan Investment Development Agency Chief Executive Taliya Minullina and other representatives of national governments, federal executive authorities, PJSC "Gazprom" and the major Russian industrial companies and pipe plants.
"The decision to work closely with the special economic zone "Alabuga" is in line with the company's long-term strategy - localization, regional development and regional presence, close proximity and meeting to the needs of customers. The company already has successful experience in industrial activity in Russia. Since the opening of the first factory in Volokolamsk, Moscow region, we are constantly expanding production within seven years, and now we will apply this strategy to the second plant", - says Eugene Marakhovskii, "3M Russia" Director of production.
TIDA Chief Executive Taliya Minullina underscores the value of investors - global brands to the country and the republic:
“3M - is the world's largest brand. Turnover in 2014 amounted to around the world about $ 31 billion. 3M policy aimed at promoting innovation: the corporation known as the creator of innovative products and 3M’s research and development center works in Moscow for 8 years. Their entering to Tatarstan says about the prospects of the development of the Russian market. This is one of the few companies worldwide that allocates significant amounts on developing innovations that extremely important for us. Innovative solutions are rarely cheap, many of these solutions are really much money, but in the long term and strategically the economic benefits we get due to the effect they produce".
TIDA Chief Executive notes the need for a comprehensive work with investors: "In August of this year at the initiative of TIDA in Innopolis Chairman of the Board of PJSC "Gazprom"Alexei Miller got acquainted with 3M products. This is done to implement support for investors - Tatarstan manufacturers, including in terms of product sales".
"3M Russia" CEO Robert Nichols during a visit to Tatarstan in June 2015, told about the localization of production in Tatarstan: "The main factors that determined the choice of the site for the project was the support provided by the government of Tatarstan, in particular Tatarstan Investment Development Agency, leadership of SEZ "Alabuga", as well as customs and tax benefits, infrastructure". Also, Mr. Nichols emphasized that Russia is a priority and a promising market for the company, 3M plans to develop business in Russia, focusing on the phase localization of production in the Republic of Tatarstan.
The production area of ​​the 3M plant in the SEZ "Alabuga" is two times more than in Volokolamsk. In the future the production base is planned to expand.
 
TIDA Press Service (also used materials 3M)