Premium Engineering has won a contract to supply equipment for a SIBUR project in Tobolsk, a town in Tyumen Oblast, Russia and the historic capital of Siberia.
The value of the contract is $25m, a deal that will see Premium Engineering deliver a propane cryogenic plant to Tobolsk-Neftekhim LLC.
The company will also supervise building and installation, start-up and commissioning, and undertake training for the operating staff at Tobolsk-Neftekhim.
According to Premium Engineering, the new high-tech equipment supplied will make it possible to increase hydrocarbons processing productivity from three million up to 5.8 million metric tons per year. The increase in production capacity at Tobolsk-Neftekhim is part of SIBUR’s large-scale plan to develop the Tobolsk industrial hub, one of the objectives being the construction of the polypropylene-making Tobolsk-Polymer project with an annual capacity of 500,000 metric tons.
Alexandra Bocharova, CEO of Premium Engineering said in a statement, “The project is important for the development of hydrocarbon processing and also for the manufacture of other useful products for industry and for the consumer. We faced tough competition bidding for this contract, but in the end our experts came up with the most cost efficient and advanced technical and economic solutions, which meant that we came out top, won the tender and have already started work.”
“I am proud of the professional skill and experience of our dedicated workforce at Premium Engineering and confident we will deliver a first class plant.”