Cheboksary, June 29. Projects aimed at promoting aluminium reprocessing in Russian regions are important for the development of the Russian economy, said the Head of the Chuvash Republic Mikhail Ignatiev at a meeting arranged by the Aluminium Association in Cheboksary. The event was attended by government officials of the Chuvash Republic, and over 50 business representatives of the region and other constituent entities of the Russian Federation, in particular, experts from aluminium consuming companies based in Tatarstan, Mari El, Mordovia, Nizhny Novgorod, and Ulyanovsk Regions.
According to Mr Ignatiev, the region is open to investors and innovative projects. For example, Sespel launched its production of tank containers designed for storing and transporting liquids, liquefied gases, and bulk products in the Morgaushi District of the Republic in June. 'We need to maintain and develop the production of aluminium-based products that will be used, in particular, for exportation and to support the economy. We are ready to create conditions for expanding the application of aluminium,' said Mr Ignatiev.
Today, the per capita aluminium consumption in developed countries such as Germany and South Korea exceeds the Russian level by more than four times. According to experts, stimulating the aluminium industry may increase the production of value-added products more than twice and result in over 1% growth of GDP. In addition, innovative projects that could be implemented will create thousands of new jobs and speed up the country's technological development.
During the meeting, the participants saw projects for treating water with aluminium-based coagulants (Vodokanal Reagents), the capabilities of aluminium extrusion and semi-finished product processing (TATPROF), the experience in creating and developing innovative aluminium alloy welding technology (SESPEL), the capabilities of deep aluminium reprocessing (GS Reserve), and the production and technology capabilities of NPO Cascade.
The experts highlighted the great potential of aluminium, which can be demanded in many industries for development of urban infrastructure, construction, agriculture, shipbuilding, mechanical engineering, railcar building, and other production sectors. This is also supported by the hard work being done by the Aluminium Association and its members to update the regulatory framework for expanding the range of aluminium products and their application areas.