Production of resins for tire production will be launched in Lesosibirsk

Russia's first production of phenolterpene resins used in the manufacture of tires will be launched in the Krasnoyarsk Territory, the regional Ministry of Industry and Trade reported.

The resins will be produced at the Siberian Timber Chemical Plant in Lesosibirsk. The total investment in the project is 126.6 million rubles, of which 26.6 million are the company’s own funds. The missing money will be provided to the enterprise as a loan by the Regional Industrial Development Fund.

The plant is already producing trial batches of products. New investments will allow us to move to the level of industrial production. State support will make it possible to purchase modern Russian equipment, modernize production facilities and purchase raw materials.

The project is aimed at complete import substitution of a strategically important component for Russian tire factories. So far, domestic tire manufacturers are almost completely dependent on supplies of phenol terpene resins from abroad.

“Creating our own production of phenolterpene resins is an important step in the development of the chemical industry of the Krasnoyarsk Territory and the entire tire industry in Russia. The launch of the project will provide Russian producers with high-quality domestic raw materials, create new jobs and increase tax revenues to the budget. This corresponds to the strategic objectives of increasing the industrial potential of the region,” said Maxim Ermakov, Minister of Industry and Trade of the Krasnoyarsk Territory.

Already in 2026, the company plans to produce 120 tons of products per year. And over the next four years it is going to occupy more than half of the Russian market of phenol terpene resins.

Let us remember that Krasnoyarsk previously had its own tire production. It was built in the late 1940s to provide tires all Eastern Siberia, the Urals, Kazakhstan, Central Asia and the Far East. At the peak of production, in 1993, 2 million 112 thousand tires were produced. But in the 2000s the company went bankrupt.