Hempel Signs Paint Production Investment Agreement

Press Release
Thursday, April 28, 2011

The signing of an investment agreement between leading international coating supplier Hempel and local government officials in the Russian Ulyanovsk region marks an important milestone in the Hempel Group’s plans for its first Russian paint production facility.

significantly increase our ability to service our customers in the region.” The new plant will feature the latest in environmentally-friendly coating production equipment technology, including a semi-automatic powder handling system, an automatic liquid dosing system and a solvent recovery unit.

Designed to house raw materials and the finished product under one roof, the one-building factory will occupy a 70,000 square metre plot. Under one-shift operation, the factory will produce 16.3 million litres annually. If further capacity is required, the factory can operate with two shifts to raise production capacity to 26 million litres.

In order to meet local and Hempel Group environmental standards, all floors will be sealed to prevent soil contamination in the event of a spill, or to collect water in the event of a fire. Solvents that have been used in the production process will be recovered in a solvent recovery unit and recycled for future use. It is estimated that this method can recover up to 90 per cent.

When the plant reaches full production capacity, it will bring around 120 new jobs to the region, including 30 white collar and 90 blue collar positions.

At present, Hempel has 310 products available on the Russian market. With the new factory, it is hoped that this number will expand six fold, with a mix of standard and specialised products for the local market. “Expansion in the Russian market has been an important element in Hempel’s business strategy,” says Kim. “Our investment in this plant will be instrumental in meeting goals for our company as well as for our customers.”The signing of an investment agreement between leading international coating supplier Hempel and local government officials in the Russian Ulyanovsk region marks an important milestone in the Hempel Group’s plans for its first Russian paint production facility.

significantly increase our ability to service our customers in the region.” The new plant will feature the latest in environmentally-friendly coating production equipment technology, including a semi-automatic powder handling system, an automatic liquid dosing system and a solvent recovery unit.

Designed to house raw materials and the finished product under one roof, the one-building factory will occupy a 70,000 square metre plot. Under one-shift operation, the factory will produce 16.3 million litres annually. If further capacity is required, the factory can operate with two shifts to raise production capacity to 26 million litres.

In order to meet local and Hempel Group environmental standards, all floors will be sealed to prevent soil contamination in the event of a spill, or to collect water in the event of a fire. Solvents that have been used in the production process will be recovered in a solvent recovery unit and recycled for future use. It is estimated that this method can recover up to 90 per cent.

When the plant reaches full production capacity, it will bring around 120 new jobs to the region, including 30 white collar and 90 blue collar positions.

At present, Hempel has 310 products available on the Russian market. With the new factory, it is hoped that this number will expand six fold, with a mix of standard and specialised products for the local market. “Expansion in the Russian market has been an important element in Hempel’s business strategy,” says Kim. “Our investment in this plant will be instrumental in meeting goals for our company as well as for our customers.”

 

Source: Hempel

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Coatings & Corrosion

ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to

Ecoshield Wins Industry Award

Subsea Industries, a Hydrex company, announced that its Ecoshield coating system, which offers protection from cavitation and corrosion/erosion damage for ship hulls,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1701 sec (6 req/sec)