Industrial Gases
The important line of Ñryogenmash’s activity is technical and medical gases supply. Within the framework of the development strategy implementation, Ñryogenmash aims at becoming the key supplier at the market of technical gases due to consolidation of the existing companies and increase in supplying on-site. The purpose of the company - to reach gases sale proceeds amounting to USD 70 million by 2010.
Ñryogenmash purposefully extends their participation at the market of technical and medical gases sales. In 2004 the share in Krioinvest AD company (Sofia), the Bulgarian producer of technical gases, was acquired. In 2006 Ñryogenmash acquired the Kiev Oxygen Plant in Ukraine, Daltekhgas - in Russia, began implementation of two on-site projects. Since April, 2007 a new asset is included into gas division of Cryogenmash - Yugtekhgas (Odessa region).
Based on long-term experience, Ñryogenmash has offered a new (for CIS market) form of co-operation în-site, i.e. gases supply from the customer’s site. After conclusion of the long-term contract for technical gases supply, Ñryogenmash independently constructs and operates (on the customer’s site) their own facilities, capable of supplying technical gases to the basic production facilities. The first two on-site projects are implemented for the Seversk Tube Factory (being a part of the Tube Metallurgical Company) and Pervouralsk Novotrubny Zavod (being a part of the CHTPZ Group). The planned volume of investment exceeds USD 60 million.