Vnesheconombank's Regional Manager presents a project for production of innovative membranes

During the St. Petersburg International Economic Forum, VEB, PAO Polimersintez, and the Administration of the Vladimir Region have signed an agreement for cooperation on setting up a new membrane filter production facility.

The signatories to the agreement include Alexey Ivanchenko, Vnesheconombank's Deputy Chairman and Member of the Management Board, Ivan Bazhenov CEO at PAO Polimersintez, and Alexey Konyshev, First Deputy Governor of the Vladimir Region for Industry and Economic Policy. The project has been presented by Maksim Nikerov, Regional Manager, as part of the new approach by VEB to relations with Russian regions.

The project provides for setting up the production of ultra-filtration hollow-fibre membrane elements, expanding the production of reverse osmosis elements and nano-filtration membrane filtering elements, as well as expanding R&D infrastructure. Membrane filtration is the only method to produce safe water without chemical reagents. The price tag for the project stands at RUB 5.38 bn, with VEB's potential commitment of RUB 2.69 bn.

"The membrane-based water treatment technology has been universally recognised as an advanced, highly efficient, and proven technology for water processing. The use of innovative membranes results in considerable savings for local or federal budgets by cutting operating expenses on water treatment facilities. Vnesheconombank is therefore keen to support this innovative project, which fully fits our strategy," said Alexey Ivanchenko.

"This joint project will facilitate the creation of an R&D centre to design new types of membranes and expand the scope of applications for membrane technologies not only in water processing and disposal, but also in gas separation, which will bring Russian membrane solutions to a new level of technology," says Ivan Bazhenov.

Press Office