Anilinprom to invest 8.9 billion rubles in aniline plant in Bashkortostan

Russia's Ministry of Economic Development has registered a new resident of the Alga special economic zone in Bashkortostan. The resident is Anilinprom LLC, registered in the village of Naumovka in Sterlitamak district. The company will build its new plant on site No. 4 in that district.

The company will invest 8.9 billion rubles and create 62 new jobs. The plant plans to produce up to 60,000 tonnes of aniline per year. The production is import-substituting. Aniline is an important raw material for the chemical industry, used to make polyurethanes, gasoline additives and other products.

Resident status gives the investor the right to tax and customs preferences. The new production is being created within the national project “New Materials and Chemistry,” the press service of the Bashkortostan government said. Earlier reports noted that Alga reached 6th place among Russia's 39 special economic zones.