On December 25 “Primeline” company became the fifth resident of territory of advanced social and economic development “Capital of the Arctic” with an investment project “Expansion of the production site for the needs of the ARCTIC SPG 2 project.

“The company will manufacture slabs for the coastal stationary terminal for the production, storage and transshipment of LNG,” Deputy Governor of the Murmansk Region Olga Kuznetsova said. “Investments in the project is about 450 million rubles.”

Formation of production on the basis of “Primeline” will create opportunities for the localization of imported technologies in the Murmansk region in terms of the production of explosion-proof corrugated panels with a wide replication potential in the oil and gas, petrochemical, energy and machine-building industries, including with the possibility of export.

The company plans to start production in the third quarter of 2021. It is planned to create up to 40 new job places during the project implementation.
Posted by: 25 December 2020