Corporate | 19 September 2013 10:00
FUCHS PETROLUB SE / Key word(s): Miscellaneous
19.09.2013 / 10:00
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FUCHS opens lubricants blending plant in Kaluga / Russia
The leading independent lubricants manufacturer FUCHS PETROLUB today opens
its new modern plant in Kaluga, Russia. The construction of the plant
started in 2011 and within two years a state of the art, modern production
facility was built. The total investment of the project amounted to more
than EUR 15 million.
The new facility meets the highest standards in terms of quality, safety
and environment and will produce a wide range of lubricants for automotive
and industrial applications. With the new plant, FUCHS finalizes an
important step in Russia to supply domestic and international customers in
many different industries like automotive, steel, mining, automotive
components, food, transportation, off high way, and agriculture with high
quality lubricants manufactured according to German technology.
In Russia, the FUCHS Group is active through its 100% subsidiary FUCHS OIL
RUSSIA with offices in Moscow, St. Petersburg, Yaroslavl and Yekaterinburg.
The company employs more than 60 people. For 15 years, FUCHS has been as
one of the leading international lubricant players in the Russian market.
In 2012 the FUCHS PETROLUB Group generated sales revenues of EUR 1.8
billion and a profit after tax of EUR 207 million. In total the FUCHS Group
currently employs a workforce of about 3,800 people in 49 operating
companies in Europe and overseas.
Mannheim, September 19, 2013
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0)621 3802-1104
E-mail: tina.vogel@fuchs-oil.de
The information below can be accessed at the following web addresses:
Press release:
www.fuchs-oil.com
Press photos:
http://www.fuchs-oil.com/pressphotos1.html
Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB SE.
Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can include changes in the overall
economic climate, changes to exchange rates and interest rates, and changes
in the lubricants industry. FUCHS PETROLUB SE provides no guarantee that
future developments and the results actually achieved in the future will
match the assumptions and estimates set out in this press release and
assumes no liability for such.
End of Corporate News
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Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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