Volga | Materials, extraction | Technology & innovation

Renfors to build $164m oil technologies center in Togliatti

8 Dec '09
Oil technologies company Renfors New Technologies intends to invest $164m in a complex to develop technologies for associated petrol gas preparation and processing, as well as to manufacture machinery based on these technologies in Samara region, regional officials report.

The complex, to be located in the city of Togliatti, is reportedly to create 4,000 new jobs.

Further project parameters, including its timeframes, have yet to be disclosed.
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