OREANDA-NEWS. November 2, 2007.  An on-site scheme implies that Kriogenmash is to construct the shop on its own and to use it afterwards to supply the necessary amount of process gases for the construction needs of the New Zlatoust Electrometallurgical Plant (NZEMP), a new plant for special steels production with the capacity of more than 520,000 t of steel per year. Kriogenmash plans to invest about ? 28 mln; construction and installation of air separation line is going to be finished in the 4th quarter of 2009. The contract for supplying process gases for NZEMP has been signed for the period of 20 years.

Kriogenmash is an actively developing engineering company. Apart from producing air separation equipment, the company supplies the whole range of services for designing, constructing and mounting of air separation facilities. An important area of activity is supplying process gases, including construction and operation of production facilities for large industrial consumers. The new on-site project in Zlatoust is another step towards implementing our development strategy”, says Dmitry Yermolov, general director of Kriogenmash.

Kriogenmash starts the construction simultaneously with us; they will construct a plant to produce process gases (oxygen, argon and nitrogen) near the New Zlatoust Electrometallurgical Plant. But for this company, we would have to mount the necessary equipment ourselves. And ? 28 mln is, no doubt, a considerable investment. We have reached an agreement about everything and this is, as I see it, a good example of modern ways of collaboration. We share the risks and decrease the investment burden of the enterprise”, says Andrey Mishin, President of the Group of companies “ESTAR”.

“The project for the New Zlatoust Electrometallurgical Plant is already the third Kriogenmash project in the Ural region; this project opens new opportunities in developing a strategically important region. Concentration of a few air separation production facilities increases the reliability of process gas supplies to the regional enterprises. We have established a good contact with metallurgists, we understand their needs and we’re ready for a further development of the gas business in this region and other industrial regions of the country”, says Vadim Mikhalkevich, deputy general director of Kriogenmash for production and sales of process and medical gases.