On July 12, Titanium Valley SEZ JSC, represented by Artemiy Kyzlasov, General Director, and Mashprom Research and Development Enterprise represented by Alexander Kotelnikov, Manager, singed an agreement of intent aimed to implement an investment project on the manufacture of crystallizers for continuous-casting machines in cooperation with Mishima Kosan, Japan. This agreement was signed in the presence of Yevgeny Kuyvashev, Governor of Sverdlovsk region, Kunio Okada, Member of the Managing Committee of the Japanese Association of Trade with Russia and Newly Independent States ROTOBO, and Alexei Kushnaryov, Managing Director of NTMK. The signing took place at the Innoprom-2012 International Forum.
This Agreement of intent deals with the implementation in Titanium Valley Special Economic Zone of an investment project concerned with setting up production of crystallizers for continuous-casting machines in cooperation with Mishima Kosan, Japan.
Mashprom and Mishima Kosan intend to launch manufacturing of crystallizers for continuous-casting machines with an investment volume of EURO 7.5 mln on the territory of the Titanium Valley SEZ.