On February 2, 2026, Russian President Vladimir Putin held a meeting at the Kremlin in Moscow focused on the development of Russia’s chemical industry. The discussion centered on the current state of the sector and the additional measures required to ensure its long-term and sustainable growth.
The meeting was attended by First Deputy Prime Minister Denis Manturov, Deputy Chief of Staff of the Presidential Executive Office Maxim Oreshkin, Minister of Economic Development Maxim Reshetnikov, Roskhim Chief Executive Officer Eduard Davydov, Chairman of the Board of Directors of Roskhim Igor Rotenberg, and Chairman of the State Development Corporation VEB.RF Igor Shuvalov.
In his opening remarks, President Putin emphasized the strategic importance of the chemical industry to the Russian economy. He noted that chemical products are widely used across numerous sectors, including construction, energy, agriculture, housing and utilities, pharmaceuticals, and electronics. According to the president, the industry’s output is deeply integrated into both industrial production and everyday economic activity.
He pointed out that Russian chemical enterprises manufacture thousands of different products, ranging from basic goods such as baking soda to advanced high-technology polymers. These products, he stated, are competitive not only within the domestic market but also internationally.
The president outlined the primary objective of ensuring stable and consistent development of the chemical sector. He stressed the need to build modern production facilities based on Russia’s strong resource and raw-material base. These enterprises, he said, should rely on advanced, energy-efficient technologies, meet high environmental and ecological standards, and be staffed by qualified personnel. He noted that Russia possesses sufficient resources and a solid raw-material foundation, and that the key task is to ensure these advantages are fully utilized through modern technological solutions.
President Putin also highlighted the importance of a comprehensive and coordinated approach to the strategic development of the chemical industry over the coming years. He underlined the necessity of aligning the efforts of the state, private businesses, regional authorities, and research centers to achieve these goals.
As part of this approach, he referred to the national project titled “Innovative Materials and Chemistry,” which has been launched to support the sector’s development. The project “предусматривает” the implementation, by 2030, of production projects covering more than 130 priority chemical products, including initiatives in small- and medium-tonnage chemistry. He also noted that private companies are already implementing and planning large-scale investments in the industry.
The meeting was intended to review prospects for developing and adopting innovative technologies and product lines, as well as to identify additional decisions needed to improve the overall efficiency and competitiveness of Russia’s chemical industry in both domestic and international markets, including matters related to production infrastructure and export logistics.