A new petrochemical holding will appear in Russia, it will deal with import substitution

It will include a dozen and a half enterprises

State corporation "Rostec" will create a holding company, which will include at least 15 companies from the petrochemical industry. New productions are planned to be launched within the holding, into which "Rostec" will invest 4 billion rubles. The new structure will be headed by Alexey Stankin, the CEO of "Soyuzkhimexport", this company will perform as the head structure of the holding.

"The goal of the new holding structure is import substitution in the segments of demanded chemical and petrochemical products for the aviation industry, energy industry, mining companies, medicine, other industries. The list of products includes aircraft life support systems, self-rescuers for miners, respirators, gas analyzers, chemical protection suits, disinfection systems for medicine and much more", - said a source at "Interfax".

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