Gazprom Neft Acquires Grease Manufacturing Plant

Gazpromneft Lubricants Italia S.p.A. acquired ZAO Select which in its turn owns the grease manufacturing plant in the town of Fryazino (Moscow region). The acquired asset was renamed into Gazprom Neft Moscow Grease Manufacturing Plant.

The annual capacity of the plant comprises over 40 thousand tons of packaged products – engine oils, transmission gear oils, industrial oils and technical fluids. The plant has a technological floor of precision-guided mixing and prepackaging of oils, the tank battery with the volume of 3000 cubic meters, loading/unloading auto- and railroad racks with pumping facilities, storage facilities, disposal facilities as well as the administration and laboratory building.

“The acquisition of a grease manufacturing plant in the central region of Russia extends the production and logistics possibilities of the company in this business segment considerably, — the Deputy CEO for Logistics, Processing and Sales of Gazprom Neft Anatoliy Cherner says. – Cresting a production base in the European part of the Russian Federation alongside with the development of the production capacities in the Western Siberia will enable considerably strengthening our position at the Russian lubricants market”.

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