"Kubanneftemash" will increase production small-sized gushing fittings for oil production

Plant of the oil-field equipment "Kubanneftemash" will obtain a preferential loan for the sum of 36,8 million rubles for updating of capacities. Modernization will give the chance to increase release of small-sized gushing fittings for oil production which will partially replace import analog in the Russian market. "In the fourth quarter of this year the producer will be able already to increase outputs and to provide import substitution in a segment of small-sized heat-resistant fittings", – the head of department of industrial policy of Kuban Yvan Alekseevich Kulikov told. Reference: The closed joint-stock...