According to Prime, Gazprom Neft and India’s ONGC Videsh signed an agreement on cooperation on offshore projects. The signing ceremony was held in Arkhangelsk, where the Arctic Forum is taking place.
A new Russian-Chinese joint venture will produce CNC machines in Astrakhan. Today Director General of Machine Building Association DWT LLC Andrey Davydov told the journalists about it. At the first stage 30% of parts of the machines produced in Astrakhan will be of the Russian make and 70% of Chinese make. Later the share of local parts is expected to increase to 50%, then to 70%.
Russian and Dutch Companies to Build 3.5-Billion-Rouble Wood Processing Plant in Pomorye
In accordance with the development strategy of Arkhangelsk PPM till 2030, the pulp and paper mill will start global modernization of cellulose production in 2018. The key step will be construction of a new department to produce bleached softwood sulfate highly demanded in the world market with the production capacity of 500,000 tons.
Deputy Chairman of the Government of the Arkhangelsk Region Viktor Ikonnikov met the Director of WAM Moscow LLC Alfredo Bayoni. The holding is the Russian branch of the Italian WAMGROUP corporation, the world’s leader in development and production of equipment for work with bulk materials and dust filtering.
Arkhangelsk Pulp and Paper Mill Launches New 2.7 Billion Rouble Semi-Chemical Pulp Plant in Test Mode