In 2011 Orsknefteorgsintez is going to increase investment costs by 1,4%

It was reported to the news agency in Press Service of the Company that capital expenditures in 2010 amounted to 330.3 million Rubles. Thus, an increase made 1,4%.
Capital investment program in 2011 provides for the modernization, rehabilitation of existing and new construction sites.
In particular, the implementation of reconstruction projects on the hydrotreater and reforming units, the estimated value of which is more than 306 million rubles, will improve the work capacity of the equipment and increase the productivity of plants, the report says.
This year there will also be carried out activities for the replacement of worn-out equipment, will be realized the target programs "Occupational Health and Safety", "Ecology," "Information Technologies", "Automation" and others.
Oil processing power of "Orsknefteorgsintez" is 6.6 million tons per year. The enterprise produces about 30 kinds of products, including gasoline grades Au-95, Au-92, Au-80, diesel oil meeting the international standards, oils, bitumen and fuel oil.