Poliplast Group to Launch Russia's First Epoxy Resin Production at Its Khrompik Facility in Pervouralsk

YEKATERINBURG, 7 July 2025 — Poliplast Group, a Russian producer of proprietary chemical products, is preparing to launch Russia's first domestic epoxy resin production at its Khrompik facility in Pervouralsk, Sverdlovsk Region, by early 2026. The project is part of a production expansion programme worth more than 60 billion rubles and is being implemented with the support of the Industry and Trade Ministry. Today, one hundred percent of the country's epoxy resin demand is covered by imports.

Russia's first epoxy resin production

The announcement was made by Deputy Industry and Trade Minister Mikhail Yurin during the Innoprom-2025 international industrial exhibition in Yekaterinburg, at the thematic session "The Role of New Materials and Chemistry in Enhancing Industrial Competitiveness".

"Here in the Sverdlovsk region, we hope that we will have domestic epoxy resin production in Russia by the first quarter of next year. One hundred percent of it currently comes to us through imports," Yurin said. Speaking on the exhibition's sidelines, he confirmed to Interfax that the project refers to Poliplast's facility in Pervouralsk, without specifying the exact production start date.

Expansion at the Khrompik facility

In spring 2025, Poliplast Group began a production expansion project at its Khrompik facility — one of Russia's largest producers of chromium compounds — in Pervouralsk. The project is worth more than 60 billion rubles. In May 2025, the company launched a new drying section in its calcium-free sodium monochromate production workshop.

Key milestones of the project

• Spring 2025: production expansion project launched at the Khrompik facility in Pervouralsk, worth over 60 billion rubles.
• May 2025: new drying section commissioned in the calcium-free sodium monochromate production workshop.
• First quarter of 2026: expected start of Russia's first domestic epoxy resin production, implemented with Industry and Trade Ministry support.
• 2026: main construction work for the new buildings planned for completion; production volumes at the site expected to increase tenfold.

Investment programme and financial outlook

According to Poliplast's presentation during its bond offering on the Moscow Exchange, the company's capital expenditures for 2025–2028 will total around 90.3 billion rubles. The largest share — 70.9 billion rubles — will go towards Khrompik's development. The plant's modernization is expected to generate annual revenues of 40 billion to 60 billion rubles, compared with 3.5 billion rubles in 2024.

Alexander Shamsutdinov, Chairman of the Poliplast Group Board, said the main construction work for the new buildings is planned for completion in 2026 and that the project's completion is expected to increase production volumes tenfold.

Company and contacts

Poliplast Group specializes in producing proprietary chemical products for various industries. Its Khrompik facility in Pervouralsk is one of Russia's largest producers of chromium compounds.

Contacts: the announcement was reported by Interfax from the Innoprom-2025 exhibition in Yekaterinburg on 7 July 2025, citing Deputy Industry and Trade Minister Mikhail Yurin and Poliplast Group Board Chairman Alexander Shamsutdinov; investment and revenue figures are attributed to the company's bond-offering presentation on the Moscow Exchange. No direct company phone or email contacts were provided in the source.

Website: https://polyplast-un.com/