RUSNANO to Invest in Modernization of Caprolactam Production
RUSNANO is investing in a project to modernize
The nanostructured catalyst technology, transferred by the Dutch group DSM, will increase caprolactam production capacity at KuibyshevAzot from 190,000 to 210,000 tons per year (260,000 tons in the future) while reducing production costs by 12%. The effect of the technology is to boost output of cyclohexanone (an intermediate product in caprolactam synthesis) while reducing resource use and waste generation. Improvements will also be obtained in energy efficiency, and environmental and industrial safety.
The joint project with RUSNANO makes an important contribution to the strategic development program of KuibyshevAzot, which is focused on increasing the share of products with higher value added: the company now processes caprolactam into polyamide-6, technical and textile yarns, cord fabric, as well as engineering plastics (composite polymers for use in the automotive industry).
KuibyshevAzot is the biggest producer of caprolactam and polyamide-6 in the CIS and Eastern Europe. It is also one of the top-10 Russian nitrogen producers, producing ammonia and a range of nitrogen fertilizers (urea, ammonium nitrate, ammonium sulfate), which account for 5% of total Russian output of fertilizers.
RUSNANO Joint-Stock Company was founded in March 2011 through reorganization of state corporation Russian Corporation of Nanotechnologies. JSC RUSNANO contributes to implementation of the state policy on the development of the nanotechnology industry by investing directly and through investment funds of nanotechnology in financially effective high-technology projects providing the development of new production facilities in the Russian Federation. Its primary investment focus is in electronics, optoelectronics and telecommunications, healthcare and biotechnology, metallurgy and metalwork, energy, mechanical engineering and instrument making, construction and industrial materials, chemicals and petrochemicals. 100 percent of RUSNANO’s shares are state owned. Thanks to RUSNANO’s investments, there are currently 115 factories and R&D Centers opened in 37 regions in Russia.
Management of assets of RUSNANO JSC is carried out by Limited Liability Company established in December 2013, RUSNANO Management Company. Anatoly Chubais is the Chairman of its Executive Board.
Work to establish nanotechnology infrastructure and carry out educational programs is fulfilled by RUSNANO’s Fund for Infrastructure and Educational Programs, which was also established during the reorganization of the Russian Corporation of Nanotechnologies.