In 2022, the Functional Materials Group of Northwest Nanocenter increased production of import-substituting products by 82%, expanded its sales geography and export share to CIS countries, and more than doubled its revenues.
For example, the production of titanium dioxide substitutes for facade and decorative paints, which have no analogues in Russia, increased 200 times. And the sales of the specially developed anticorrosive pigment TIAL which doubles the stability of the primers increased by 300%.
The products of FM Group of Companies have established a reputation with Russian manufacturers of cable and rubber products, paints and other materials. The Group's expertise in the development of import-substituting products and its scientific and production potential made it possible to meet the demand of Russian manufacturers for uninterrupted supplies of competitive domestic products. In 2022, the Group increased its share of exports, quadrupling its sales to CIS countries. About 80% of them came from Belarus.
"By the beginning of changes in the external environment in 2022, Functional Materials already had a line of products capable of replacing some of the traditionally imported components and raw materials. The capacity of our contract production allowed us to quickly increase production volumes to meet customer demands," said Polina Zhuravleva, executive director of the Northwestern Nanocenter.
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