MOSCOW TIME: 22.02.2019 03:09:41

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French intend to expand tin production in industrial capital

French intend to expand tin production in industrial capital

The city of Nevinnomissk has hosted a meeting held between Minister of Power Economy, Industry and Communication of the Stavropol Territory Vitaly Khotsenko and executives of Massilly Group.



French intend to expand tin production in industrial capital


The city of Nevinnomissk has hosted a meeting held between Minister of Power Economy, Industry and Communication of the Stavropol Territory Vitaly Khotsenko and executives of Massilly Group.


The French group owns Linar plant specializing in the production of tin-plate cans for aerosol products. The facility has been operating for 15 years and Massilly Group acquired 100% of shares in the plant in 2012 and installed a string to manufacture 'twist off' tin lids and a tin decorating machine for contracted products.


This year, the plant launched a high-speed string to manufacture twist off lids and the executives of the company voiced their intention to continue investing into the Nevinnomissk facility.


Vitaly Khotsenko told the guests about government backed measures aimed to support industry in the Territory, in particular, options facilitating the reduction of taxes imposed on new production facilities.



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