Russia's Polyplastic announces new deals

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Russia's biggest plastics processor R&P Polyplastic has won new component supply deals with leading automotive and home appliances brands.

During its two-day technical council event on 16-17 August, held at its R&D and production site in Togliatti, Russia, the company said it had been awarded the “homologation” of a new material for the Skoda Kodiaq model, which has been produced in Nizhniy Novgorod since the beginning of 2018. There are several more very promising projects, including the supply of polymers for the Renault Kaptur,” noted head of market development department Sergey Kiselev during his presentation.

The polymer in-process testing for the Renault model is scheduled for the fourth quarter of this year, Kiselev added.

According to Polyplastic, automotive companies form a large part of the company’s clientele, while Russian subsidiaries of the home appliances manufacturers such as LG, BEKO and Whirlpool account for 20% of the materials it produces.

Among the leading home appliances brands, Kiselev noted China-based Haier, which he said has ambitious plans to become “the world’s largest producer of washing machines”.

Polyplastic expects to supply to Haier, which has recently launched its €50m production plant in the southern Russian city of Naberezhnye Chelny.

The event also touched on efficiency measures taken by Polyplastics, which helped reduce production costs at the Togliatti production site by 102% year-on-year in the first six months of the year.

The primary consumer of the Togliatti site is AvtoVas – a major Russian carmaker.

In the near future, Polyplastic expects to invest RUB70m (€900,000) to modernise its rubber processing equipment and cut energy consumption.

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