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Chemoprojekt expands activity in Baltic region

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Chemoprojekt, member of SAFICHEM GROUP, plans additional expansion in Eastern Europe. The company wants to focus more on fuel tank deliveries. Chemoprojekt is bidding for a contract for a sea terminal with two ammoniac tanks worth EUR 50-70m. The company has been shortlisted to the final round with two other bidders. The winner will be selected by the end of September 2016. Chemoprojekt’s statutory director Tomáš Plachý has told ČIANEWS that activities in the Baltic region include also the acquisition of properties that secured a receivable bought out by Chemoprojekt – a Lithuanian company producing steel structures and storage tanks. Chemoprojekt has also bought additional production facility (not pledged) and hired the equipped production hall to Technoexport Storage (member of Safichem Projekty Group) in Lithuania, floated in 2016.

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