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ENK CO.,LTD .

The business plans of the four companies that are planning to work in the Lipetsk Special Economic Zone (SEZ) were approved at a meeting of the Expert Council for Industrial and Production Zones within the Russian Ministry of Economic Development, Oleg Korolev, the head of the regional administration and chairman of the SEZ supervisory council, told a TASS correspondent.

“The total number of residents of the Lipetsk SEZ has thus grown to 41, with three of the four new investors having foreign capital,” Korolev said.

The Russian company Lipetsk Printing Plant is investing almost RUB 7.4 billion in the construction of a plant. The new enterprise will manufacture packaging from combined innovative materials based on cardboard and other printed products.

ENK Rus (South Korea) is building a plant in order to organize a full production enterprise from the ground up to produce high pressure gas cylinders using the technology of South Korea’s ENK Corporation. The enterprise will manufacture high-tech metal high pressure tanks that are on a par with the best European analogues in terms of quality, but with a lower cost. Such tanks have yet to be manufactured in Russia. Total investment in the plant is RUB 3.4 billion.

Kemin Industries will build a plant to produce agricultural products, food and feed additives, cosmetics and personal care products. The founder of the new enterprises is Kemin Industries Incorporated from the United States, which produces more than 500 ingredients for the food, feed and pharmaceutical industries using the latest molecular technologies. Planned investment is RUB 1.28 billion.

Finally, Poland’s Merkor-Lipetsk is investing approximately RUB 287.5 million in the production of passive fire protection systems.

Total declared investment in the Lipetsk SEZ currently stands at approximately RUB 130 billion. In addition to Russian companies, the SEZ is also home to companies from Belgium, Germany, Israel, Italy, the Netherlands, the United States, Ukraine, China, Switzerland and Japan.
 

09 July 2015
TASS
Investor
59.7 mln
Lipetsk region

Investor profile

ENK CO.,LTD .

South Korea

Company's website: www.enkcf.com

T: 82-51-974-7610

Public company

E-mail: roho@enkcf.com

Contact: Byun Sung Woo, Board of Directors member

Manufacturer of high-tech high pressure tanks

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