MHI and Sojitz Receive Order for New Acrylic Acid Plant Construc

MHI and Sojitz Receive Order for New Acrylic Acid Plant Construction from
Gazprom Group Company of Russian Republic of Bashkortostan 
Tokyo, Dec 18, 2012 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI)
and Sojitz Corporation of Japan, jointly with Renaissance Construction (RC),
have received an order from JSC Gazprom Neftekhim Salavat (GNS) of the Republic
of Bashkortostan, Russian Federation, for a project to construct a new acrylic
acid plant capable of producing acrylic acid, butyl acrylate, and glacial
acrylic acid concurrently, which process technology is licensed by Mitsubishi
Chemical Corporation (MCC). 
The plant is planned to annually produce 80,000 metric tons of acrylic acid,
80,000 metric tons of butyl acrylate and 35,000 metric tons of glacial acrylic
acid, and it is expected to reach its projected capacity in the year of 2015. 
JSC Gazprom Neftekhim Salavat (GNS) is a subsidiary company of Gazprom group,
which has facilities of oil refining and gas chemical products. Recently GNS
has steadily implemented their investment plans for its higher efficiency,
including the rehabilitation of their refineries and ethylene plants. This new
plant for acrylic acid, butyl acrylate, and glacial acrylic acid is for GNS to
expand the chemical product production in Russian and CIS market. 
This order contract is on lump-sum turn-key basis, covering engineering,
procurement and construction (EPC), which is the first EPC petrochemical
project in the Republic of Bashkortostan. It is highly expected that the
project will have a stimulatory influence on further modernization of the
petrochemical sector in Gazprom group. 
About Mitsubishi Heavy Industries 
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one
of the world's leading heavy machinery manufacturers, with consolidated
sales of 2,820.9 billion yen in fiscal 2011, the year ended March 31, 2012.
MHI's diverse lineup of products and services encompasses shipbuilding,
power plants, chemical plants, environmental equipment, steel structures,
industrial and general machinery, aircraft, space rocketry and air-conditioning
systems. For more information, please visit the MHI website at 
Mitsubishi Heavy Industries
Hideo Ikuno
Copyright 2012 JCN Newswire. All rights reserved. 
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