The project quot polar quartz allow Russia to occupy more than 10 of world market

Shareholders' agreement on the project "Polar Quartz was signed between OAO Rusnano, OAO Corp. Ural Industrial-Ural Polar", the authorities of the Khanty-Mansi Autonomous Okrug and JSC "Polar Quartz on Thursday at the St. Petersburg International Economic Forum. The project envisages the creation in Russia of vertically integrated manufacturing complex, producing quartz micro-and nano-powders, as well as high-purity quartz concentrates. "This project has a long and very complicated history, and I am glad that today we have to finish. Our interest in the project not only in the fact that quartz is a strategic material and virtually monopolized the world market by one company. For us it is especially important that we have our share of the investments are focusing less on production than on the high-tech processing of quartz. We plan for five years to increase production of quartz in ten times – from 1 thousand tons produced today, to 10 thousand tons – in 2015. We pretend to the world market share of quartz in more than 10% "- Chubais said. Silica nanopowders with particle size less than 100 nanometers are widely used in microelectronics and the construction and operation of oil and gas wells. Quartz micropowder, is a purified product of grinding natural quartz with a particle size less than 100 microns, is used as a filler in the manufacture of integrated circuits. High-purity quartz concentrates are used in alternative energy, lighting, semiconductor, optical and fiber-optics industry. As a result of the joint implementation of the "Polar quartz" in Russia will create a vertically integrated production facility, which produces a number of raw materials for Nanoelectronics, optical, lighting engineering and chemical industries. Rusnano to invest in the project 1.29 billion. According to forecasts, in 2016 the volume of production of quartz high value added products in this project will amount to 10.2 thousand tons, and revenue from product sales in 2015 will exceed 2 billion. JSC Polar Quartz established by the Government of the Khanty-Mansi Autonomous Okrug-Ugra in 2000 for the production of highly pure quartz concentrate. The project "Ural Industrial-Ural Polar" is intended to link the northern Yamal fields to the Ural industrial area and open the exit to the northern sea route for the transportation of minerals. OAO Russian Nanotechnology was established in March 2011 by restructuring of the Russian State Corporation of Nanotechnologies. The state owns 100% shares Rusnano.