On the eve of May 25, within the framework of the tenth meeting of the Expert Council of the SEZ “Alga”, the application of LLC FG “Doga” on amendments to the previously concluded agreement on conducting activities on the territory of the SEZ “Alga” was considered.
According to the updated business plan, the expertise of which was carried out by the Development Corporation, the cost of the project increased by more than 2 times and amounted to 4.7 billion rubles. The project implementation period for the construction of a facility for processing hydrocarbon gases into aromatic hydrocarbons has increased by 2 years. According to the investor’s representatives, the manufactured products are in demand all over the world and are used in the production of medicines, plastics, dyes. When reaching the planned capacity, the company will be able to fully provide the domestic market, occupying the niche vacated after the departure of foreign manufacturers.
The Expert Council of the SEZ “Alga” supported the initiative.