According to Russian media reports, Kulibin, a special economic zone in the Nizhny Novgorod region, will create three new industries with an investment of more than 12 billion rubles, which is an important measure to develop the region's economy.

Recently, the Nizhny Novgorod region signed two agreements with companies of the Tosol-Sintez Group Company aimed at producing various types of epoxy resins, epichlorohydrin and other chlorine-based chemicals. These products are widely used in electronics and electronics, construction, chemicals, aerospace and other fields, and have broad market prospects.

It is reported that the company's annual production capacity will reach 70,000 tons. The project plans to invest about 11 billion rubles and will create more than 150 jobs. This will play a positive role in promoting local economic development and improve the living standards of local people. At the same time, this is also a typical case of promoting local economic development, which will attract more investment and enterprises to the region and promote the long-term stable development of the local economy.

According to relevant Chinese companies, Russia is currently very enthusiastic in planning to build an epoxy resin industry chain (epoxy resin/epichlorohydrin/bisphenol A) in China in order to get rid of Western sanctions. Many companies are seeking help in China. It is understood that the planned scale is not large. China's epoxy resin production capacity is seriously overcrowded, competition is fierce, and the benefits are not as good as before. If it is possible to win financial support from the national Belt and Road Initiative policy and transfer the excess production capacity, it may be a good way out.