Cryogenmash put into operation its fourth on-site project – air separation production facility at Izhora industrial site (St.Petersburg, Kolpino)

19.10.2017 11th of October, 2017, the presentation of new air separation production facility, PJSC “Cryogenmash”, was carried out at Izhora industrial site, Kolpino. The grand ceremony of delivery to the Customers for thousandth ton of LOX produced on new cryogenic air separation plant took place within the activity. The representatives of the Kolpino District administration, of St. Petersburg Industrial Policy and Innovations Committee, and business partners of PJSC “Cryogenmash” and of “Cryogenmash-Gaz” LLC took part in this ceremony. In September Cryogenmash put into operation its fourth on-site project — air separation workshop for provision of Izhora industrial site companies with industrial gases (oxygen, nitrogen, argon). The investments to this project were equal to approximately 1 bln. rubles. The project is carried out by PJSC “Cryogenmash” subsidiary— St. Petersburg Company, ООО “Cryogenmash-Gaz”. The main consumer of the products —“OMZ-Special Steels” LLC, with which concluded is the long-term contract for industrial gases supply to 2035 year. The station will provide also with liquefied industrial gases supply for the main companies of the site and for gases consumers in Northwestern Federal District. Within the implement of its development strategy Cryogenmash tends to be the leading supplier at the market for industrial gases due to the current companies consolidation and increase of supplies on-site. Based on the years of experience, Cryogenmash proposed a form for on-site cooperation, new for the domestic market – gases supply from the customer’s site. During conclusion of a long-term contract for industrial gases supply, Cryogenmash solely constructs and operates at the customer’s site its proprietary production facility, capable for provide the main production facility with industrial gases. Currently, Cryogenmash implements eight such projects in Russia. It is the industrial gases production for: - Seversky Pipe Plant (TMK) - Pervouralsk Novotrubny plant (CHTPZ Group) - Taganrog metallurgic plant (TMK) - Izhora industrial site - Tomskneftekhim (SIBUR) - TulachermetSteel - Kirovo-Chepetsk Chemical Works (Uralchem) - Zapsibneftekhim (SIBUR). PJSC “Cryogenmash” projects in the area of gas business are implemented by the following subsidiaries: "Cryogaz" LLC, "Cryogenmash-Gaz" LLC and “CryoGaz-Tula” LLC. The revenue of “Cryogenmash” gas business in 2016 was equal to approx. 2 bln. rubles, it is approx. 9 % of the market for implemented technical gases in Russia. For video spot review click here

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