The company JSC "Insulation Pipe Plant" has been introduced by the Ministry of Economic Development of the Russian Federation into the register of residents of the priority social and economic development territories, established in the territories of the single-industry municipalities of the Russian Federation (single industry cities) and became the 15th residents of the Priority Social and Economic Development Area (hereinafter- PSEDA), of Naberezhnye Chelny respectively. Pursuant to the Federal Law a legal person is recognized as a resident of the Priority Social and Economic Development from the date of an entry into the named register.
The JSC "Insulation Pipe Plant" implements the investment project "Development of energy efficient automated steel pipe production technology with capacity of 72 000 tonnes per year, and application of protective coating on steel pipes with capacity of 46 000 tonnes per year."