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Soltex Group, is participating in SPIEF 2017 (St. Petersburg International Economic Forum), Russia

Soltex Group, is participating in SPIEF 2017 (St. Petersburg International Economic Forum), Russia. Mr. Manish Kumar, President, Soltex Group will be representing in SPIEF. This year India is declared as guest country and Mr. Narendra Modi , Honorable PM will be Guest of honor.

There are many bilateral ties and joint statements between India and Russia will be declared.

Soltex Group holds its firm position and expanding its wing in refinery, agro and wood processing industries in Russia. In year 2017 Soltex International (part of Soltex Group) has signed MOU for acquisition of refinery “Volkhovneftekhim” and  mini refinery “TEMP”.

Agro sector: In 2016 Soltex Group has entered in cultivation and processing of Linen Flax in Tver region, Russia. Out of total production 75 % of short fiber for domestic market and 25% long fiber is being exported mainly to China.

Wood processing: In Penza and Mordovia region Soltex Group is planning to setup deep wood processing and export to Europe. In this regard signed an  MOU with  IRPOL (Poland) for long term supply and joint investment in the region.

Project export: RT Ecos (a subsidiary company of Russian State owned company Rostec) with joint association of Soltex Group entering in to Indian market in Sewage treatment plant and Waste water treatment plant). In this regard MOU has been signed with Govt of India company WAPCOS.

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