Bio-on and TAIF sign agreement for PHAs production plant in Russia
Type of post: NEWS IN BRIEF.
Bio-on
(Italian company focused on the biopolymers sector) and TAIF (Russian group that operates in the
traditional petrochemical sector) have signed an agreement related to the
building of the first PHAs production plant in Russia. Such agreement was inked
in Moscow in the presence of the President of the Russian Federation (Vladimir
Putin) and Prime Minister of Italy (Giuseppe Conte).
Press release: “Bio-on grants bioplastic technology
license to Russian group TAIF for production in Russia”, 24/10/2018.
Related post: "Bio-on inaugurates its first biopolymers production plant in Italy", 25/6/2018.
Related post: "Bio-on inaugurates its first biopolymers production plant in Italy", 25/6/2018.
The agreement worth a total of 17.6 M€
distributed as follows:
- 5.6 M€ for licensing Bio-on's technology to
produce PHAs from sugar beet by-products.
- 12 M€ for supplying plant components built
according to Bio-on's proprietary technology (fermentors).
Facility data:
Location
|
Republic of Tartaristán (Russia).
|
Production capacity
|
10 ktons of PHAs (expandable to 20 ktons).
|
Cost
|
90 M€.
|
Timeline
|
Beginning of the design stage: next month.
Start-up: 2020.
|
Figure 1. Bio-on and TAIF sign agreement for PHAs production plant in Russia