Gazprom plans talks on ‘western route’ supplies in China soonBusiness & Economy September 20, 15:59
Russian Emergencies Ministry ready to send rescue workers to quake-stricken MexicoWorld September 20, 15:48
Moldova’s breakaway republic requests observer status at UNWorld September 20, 15:21
No Russian president will let Crimea secede from Russia in future — ex-German chancellorWorld September 20, 15:06
Russia, Algeria discuss possible deliveries of SSJ-100 aircraft and MC-21Business & Economy September 20, 14:52
Kremlin: Support for fictitious 'successor’ in poll shows Russians trust Putin’s HR policyRussian Politics & Diplomacy September 20, 14:49
Belarusian president comments on military cooperation with RussiaMilitary & Defense September 20, 14:24
Kremlin brands actor Morgan Freeman ‘victim of emotionally-charged, self-exalted status’Russian Politics & Diplomacy September 20, 14:07
Kremlin expects Lithuanian president to change view on Zapad-2017 drillsRussian Politics & Diplomacy September 20, 13:46
TVER, October 4 (Itar-Tass) — Royal Dutch Shell unveiled its lubricants blending plant in Torzhok, the Tver region, northwest of Moscow.
“This is the most ambitious project implemented by foreign investors on the territory of the Upper Volga Region. The investments totalled 3 billion roubles and 150 qualitative jobs were created,” Tver region governor Andrei Shevelev said at the inauguration ceremony on Wednesday.
“Shell’s decision to build this plant amid the global financial crisis proves the company’s confidence in good prospects of Russia’s car making industry, our country’s economy and investment policy of the Tver region,” he said.
The plant’s launch will give a fresh impetus to the development of Torzhok and the Tver region in general, Shevelev said.
Deputy Energy Minister Pavel Fyodorov emphasized that “the construction of Shell’s plant in Torzhok is a big step forward.”
For the industry’s development it is very important to create conditions that will allow to provide the domestic market with high-quality fuel and lubricants produced in Russia.
Shell launched the plant’s construction in August 2009. This will be one of the company’s largest lubricants plant in the world. It will produce 200 million liters of 90 types of lubricants a year.
Tax deductions to the consolidated budget of the Tver region will exceed 160 million roubles already in 2012.