The biggest US company may become a resident of Titanium Valley SEZ

The Government of Sverdlovsk region represented by its Governor Yevgeny Kuyvashev and Praxair Rus LLC represented by Sergio Bozio, General Director, signed an agreement of intent on July 13. Praxair Rus is a Russian subsidiary of the biggest American company engaged in the production of industrial gases.

This agreement intends to implement investment projects for constructing up-to-date air separation stations in Sverdlovsk region with the total investment volume of nearly USD 300 mln. The Titanium Valley Special Economic Zone will provide its areas for this project.