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RUSSIA: Construction contract award for planned 62,000 metric ton per year urea formaldehyde plant, PERSTORP FORMOX [Sweden] - Order #: 0210702.

Publication: WWP-Business Opportunities in Eastern Europe & the CIS
Publication Date: 01-FEB-02
Format: Online - approximately 1277 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

The local METAFRAX, a leading methanol producer, is currently gearing-up to build a new urea formaldehyde plant in Russia. In so doing, the company recently awarded the construction contract to Sweden-based PERSTORP FORMOX, a subsidiary of PERSTORP AB.

According a...

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...to the terms of the award, PERSTORP will be responsible for building complex with an installed production capacity of 62,000 metric tons per year. The new facility, of undisclosed cost, is to be sited at Gubakha.

Project completion is scheduled for some time in early 2003.

PERSTORP employs a total staff of about 6,100 and, operates though a number of subsidiaries. The group is involved in the manufacture of biotechnology, specialty chemicals, surface materials and laminate flooring

COPYRIGHT (Cr) by WWP Inc. 2001 The data contained in this report may not be reproduced, redistributed and/or put in an information retrieval system without the prior written permission of the publisher. Companies that have multiple users are invited to consider our heavily discounted site license.

KEY PROJECT CONTACTS:

Urban Jansson, Chairman Ake Fredriksson, President & CEO Magnus Lindq uist, Executive Vice-President & CFO Tom Almgren,...

NOTE: All illustrations and photos have been removed from this article.



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