Swiss company Syngenta plans to build herbicide plant in Lipetsk Region. Forecasted cost of the project is 1.6 bln rubles.
Igor Artamonov, acting Governor of the Lipetsk Region, and Qin Jianhua, Director General of Angel East Rus LLC (Russian daughter of the Chinese Angel Yeast) signed an agreement on the construction of a second production line of yeast in a special economic zone of the regional level at the St. Petersburg International Economic Forum This was reported Ъ-Chernozemie in the regional administration. It should be reminded, the first stage was opened in February of this year, the volume of investments amounted to about 7 billion rubles. 2.6 billion rubles may be invested in the construction of the second stage, the site's productivity should be 12 thousand tons of products per year. It is planned that after commissioning of the second plant, the total production volume will reach 32 thousand tons of dry yeast and 42 thousand tons of organic fertilizers. The project can be implemented by 2021.
The potential expansion of Bekaert's operations in the Lipetsk Special Economic Zone was negotiated at the meeting between Igor Artamonov, Acting Governor, and Yvan Lippens, Bekaert Vice President EMEA.
The volume of investments in the project for the construction of an installation for the production of industrial gases in the Lipetsk Region will amount to 7.7 billion rubles. The project is planned to be implemented until 2021, the regional authorities and Linde Engineering, the international gas company, signed a corresponding agreement at the St. Petersburg International Economic Forum (SPIEF), the press service of the region reported.
Possible expansion of production in the Lipetsk SEZ was discussed at the meeting by Igor Artamonov, the alternate Governor, and Yvan Lippens, Bekaert Vice President for Europe, Middle East and Africa (EMEA).
Kazunari Shimokawa, President of KUBOTA Farm Machinery Europe, which has a localized plant in the Lipetsk Region, announced a fourfold increase in production, in fact, from 513 million up to 2 billion rubles. According to the press service of the regional government, this was stated at a meeting with Igor Artamonov, Acting Governor.