NIKOMAG SUCCESSFULLY PRESENTED A NEW PRODUCT AT THE TRADE FAIR WIRE 2016

At the International Trade Fair WIRE 2016, NIKOMAG successfully presented a new product from its enlarged assortment – synthetic magnesium hydroxide. It is a highly efficient non-toxic inorganic flame retardant, filler and smoke suppressing additive for the manufacture of almost all types of plastics and filled (co)polymer compositions based on PVC, PA, PS, PP, PE, PET, etc. In view of stricter requirements for the use of toxic polymer materials in production and processing, our chemicals are made in conformity with EU RoHS Directive on the Restriction of Hazardous Substances in electrical and electronic equipment, wich makes the use of our magnesium hydroxide the optimal solution for reducing the flammability of polymer products.

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START OF MAGNESIUM OXIDE AND MAGNESIUM HYDROXIDE PRODUCTION COMPLEX

An official ceremony making the launch of NikoMag new production complex of MDH with a capacity of 25,000 tpy and MgO with a capacity of 30,000 tpy took place on 7 July 2015.The production was started immediately after receiving of the commissioning permit from Volgograd authorities.

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RUSNANO DECIDED TO PARTICIPATE IN MAGNESIUM OXIDE AND MAGNESIUM HYDROXIDE PROJECT AS A CO-INVESTOR

The issue of financing the project for building a magnesium hydroxide and oxide production was addressed in 2009. Based on a number of criteria and financing conditions, RUSNANO, being the largest Russian company specializing in investing in innovative technologies in Russia, was chosen as a co-investor.

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