GC "Titan" expands the product range
The line of petrochemical product of GC "Titan" will include lubricants and components for its production, which will be produced by the company under its own brand.
The new product will be produced by a subsidiary company of GC "Titan" "Novocherkassk Lubricant Plant" Ltd. established on the basis of industrial complex in Novocherkassk that has suspended its operation since 2016.
The following works are being conducted at the enterprise: equipment preparation to the production start, infrastructure recovery, conclusion of a contracts on raw material supply and sale of finished product which is in demand both at the Russian market and foreign market. The staff of "Novocherkassk Lubricant Plant" Ltd. is completed by 70%, personnel training is being conducted. The start-up of the recovered production is planned on October 2017, reaching the designed capacity is planned on the first half of 2018.
The main activity of the enterprise is the production of a wide range of lubricants for various industries: mechanical engineering, metallurgy, instrument engineering, automobile and rail transport, metal working and also defense complex. Production capacity of the plant allows producing up to 18 000 t/y of the product (12 000 tons of lubricants). It should be noted that the largest part of the produced lubricants at the enterprise is import substituting. Raw materials separate components that are necessary for the process will be produced in Omsk region at the industrial site of GC "Titan" – "Omskykauchuk" PJSC. The plant located in Novocherkassk operates according to a unique technology based on waterless welding which allows significant reduction of energy costs without worsening the finished product quality. The production process is almost non-waste due to a closed processing cycle. The quality of raw materials and finished product is checked in own laboratory fitted with high-quality equipment of Russian production.
In accordance with the approved development plan of Novocherkassk site, the additional investment is envisaged. Such additional investment will be used to modernize of the existing equipment as well as to expand the range of the released products.
Lubricants will come in the market under the brand "Titan" and will be presented in various areas, including Omsk, Tyumen and other regions. Currently, work on dealer network forming is underway.
SummaryThe enterprise operated from 2007 to 2016. The production complex transferred by the previous owner to the bank "Vozrozhdenie" upon the security was acquired by GC "Titan" in July 2017. Natalia Prudnikova was appointed General Director of "Novocherkassk Lubricant Plant" Ltd.
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