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CHELPIPE GROUP EQS-News: ChelPipe Group: Minister of Natural Resources and Environment of the Russian Federation attends official launch of AQA Genesis, ChelPipe Group's new METAllurgy facility

Directive transparence : information réglementée

03/09/2020 16:06

EquityStory.RS, LLC-News: ChelPipe Group / Key word(s): Miscellaneous
ChelPipe Group: Minister of Natural Resources and Environment of the Russian Federation attends official launch of AQA Genesis, ChelPipe Group's new METAllurgy facility

03.09.2020 / 17:06 MSK
The issuer is solely responsible for the content of this announcement.


Minister of Natural Resources and Environment of the Russian Federation attends official launch of AQA Genesis, ChelPipe Group's new METAllurgy facility

 
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On the site of Pervouralsk Pipe Plant (PNTZ, part of ChelPipe Group), AQA Genesis, a modern water refining system, has been launched to provide a "green" water supply circuit for pipe production processes and to significantly reduce the plant's environmental footprint. RUB 520 million was invested in the facility commissioned as part of AQA, a multi-phase programme to upgrade water systems of ChelPipe Group's assets.

Dmitry Kobylkin, Russian Minister of Natural Resources and Environment, and Vasily Osmakov, Deputy Russian Minister of Industry and Trade attended the ceremony online. The facility launched by Yevgeny Kuyvashev, Governor of the Sverdlovsk Region, Andrey Komarov, Chairman of ChelPipe Group's Board of Directors, and Danila Shestakov, an activist of the City of Leaders social movement.

AQA Genesis is based on the best available technologies and uses Russian-made latest generation equipment - an automated process monitoring and control system, which records every parameter, related to water quality and consumption. Every hour, AQA Genesis withdraws water from PNTZ's pipe rolling process, exposes it to multi-stage treatment - sedimentation, reagent treatment, clarification, cooling, removal of sediments and oil products - before returning it to the facility for reuse.

AQA Genesis will recycle 33,000 cubic metres of water per day, reduce the asset's industrial effluents by 30%, the content of suspended solids in water sevenfold, iron - sixfold, and oil products - more than hundredfold. AQA Genesis provides a recycling water supply solution to minimise river water usage.

"Over the last decade, ChelPipe Group has implemented a large-scale modernisation programme for its pipe production assets. We have replaced environmentally unfriendly technologies with innovative facilities involving advanced green solutions to preserve the nature across our geography," said Andrey Komarov, Chairman of ChelPipe Group's Board of Directors. "We have launched AQA Genesis in the year of the tenth anniversary of our METAllurgy concept. It is an important milestone for our company, which keeps pace with the current environmental trends and contributes to sustainability."

AQA Genesis is a project rolled out as part of ChelPipe Group's large-scale programme for upgrading its water system and reducing impact on water resources, including projects aimed at decreasing the discharge of industrial effluents from pipe production facilities in Pervouralsk and Chelyabinsk.

 

About us

 

ChelPipe Group is a major player in the Russian metals market with a highly diversified customer base. In 2019, the Company accounted for 18% of total shipments by Russian tubular product makers. The Company's share in the high-margin segments of OCTGs and large-diameter pipes was 19% and 31%, respectively.

 

ChelPipe Group is a ferrous metals company running Chelyabinsk Pipe Rolling Plant, Pervouralsk New Pipe Plant, a warehouse complex for selling tubular products in Russian regions, scrap metal collector META, a trunk pipeline division comprising SOT, ETERNO, and MSA (Czech Republic), and an oilfield services division operating under the name Rimera Group.

 

Thanks to the use of safe technologies and materials, ChelPipe Group's upgraded facilities boast a small environmental footprint and green products. The Company also supports social programmes and helps its employees maintain a healthy lifestyle.

 

Head of the press service of ChelPipe Group

Tatiana Cherepanova

tel. +7 495 775-35-55; mob. 8-982-610-85-07

T.Cherepanova@chelpipegroup.com

 



03.09.2020 MSK Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ChelPipe Group
5, Lesnaya St., Bld. V
125047 Moskow
Russia
Phone: +7 (495) 775 35 55
E-mail: info@chelpipe.ru
Internet: https://chelpipegroup.com
ISIN: XS2010044548, US16325LAA52
Listed: Foreign Exchange(s) Moscow
EQS News ID: 1127287

 
End of News EquityStory.RS, LLC News Service

1127287  03.09.2020 MSK

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