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Indian paint company, Berger Paints to open plant in Nevinnomysk, Russia

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Moscow: Indian paint manufacturing company Berger Paints has chosen to set up a plant in the Russian town of Nevinnomysk in the Stavropol region.

The decision to locate its paint and varnish manufacturing centre there, was taken after a group of Indian investors visited the town’s industrial park.

Indian investors visited a Russian regional industrial park, Nevinnomysk, along with regional officials, Vasily Shestak, first Deputy Head of the Nevinnomysk administration, and Dmitry Tolmachev, Deputy Minister of Energy, Industry and Communication of the Stavropol region. After examining some of the other functioning enterprises and exploring the options, the Indians decided to set up a paint manufacturing factory there.

Vladimir Vladimirov, Governor of the region, and Kuldip Singh Dhingra, owner of Berger Paints, one of India’s biggest paints and varnish manufacturing companies, had in February 2015 signed in New Delhi an agreement on cooperation, to establish an industrial and domestic paint and varnish manufacturing unit.

Berger officials are finalising a site for the factory at Nevinnomysk, for which four to six hectares of land is required. The company plans to invest at least $5 million in the project and create at least 50 jobs. According to local residents, it makes sense that Nevinnomysk was selected as the location for the new plant, because it has a highly developed transportation and logistics infrastructure for industry.

During their visit to Nevinnomysk, representatives from Berger Paints along with Shestak, Tolmachev and other local authorities and local and regional journalists visited some functional enterprises. These included PK Stroymontaj Yug (aggregate industry), USK (producing construction materials), MK-Nevprom (manufacturing multilayered paper bags), Lissant-Yug (poly-urethane sandwich-panels installment), Nevinnomyssky profil (manufacturing roll-shaped zinked metal profiles using cold shaping method), Terminal (logistical complex) and metallurgical factory Stavstal.

The regional industrial park began functioning in 2010 as a pilot project for the region. In 2012, it received a certificate from the association of the industrial parks of Russia with an “active” status, which was confirmed in 2014.

The value of investment in projects at the park is 16.74 billion rubles ($294.5 million). Investors have already paid 7.5 billion rubles. Of the 1,255 jobs envisaged, 624 jobs have been created, around 80 percent of all jobs created in the town.

Active enterprises have produced almost two billion rubles, and actively contributed to the town’s economy, thus improving conditions in the town and the region. (IANS)

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Russia Just Launched the Fastest Cargo Mission Ever to the Space Station

The SpaceX's 15th cargo flight to the space station that launched on June 29 took three days to reach the space station

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The cargo vehicle will remain at the orbital outpost until late January 2019, NASA said.
The cargo vehicle will remain at the orbital outpost until late January 2019, NASA said. (IANS)

In a demonstration of expedited capability, a Russian cargo ship is readying itself to deliver supplies to the International Space Station (ISS) in less than four hours.

The Progress 70 resupply ship, loaded with almost 2,721 kgs of food, fuel and supplies, is set to launch from Baikonur space port in Kazakhstan at 3.51 am (Kazakhstan time) on Tuesday. .

“Russian mission controllers are planning a short three hour and 48 minute delivery trip, or just two orbits, to the station’s Pirs docking compartment,” NASA said in a blog post.

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The success of this mission may set the way for future Russian cargo and crew launches using the same expedited capability.

The cargo vehicle will remain at the orbital outpost until late January 2019, NASA said.

The SpaceX’s 15th cargo flight to the space station that launched on June 29 took three days to reach the space station. (IANS)

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