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Lubricant manufacturer Fuchs Petrolub recently opened a new state-of-the-art production facility in Kaluga, Russia. The total investment of the project amounted to more than $20 million.
The new plant, which began construction in 2011, was designed to meet the highest standards in terms of quality, safety and environment and will produce a wide range of lubricants for automotive and industrial applications.
The new Russian plant marks an important step for Fuchs in its strategy to supply high-quality lubricants to domestic and international customers in many different industries such as automotive, steel, mining, automotive components, food, transportation, off-highway and agriculture.
In Russia, the Fuchs Group is active through its subsidiary, Fuchs Oil Russia, with offices in Moscow, St. Petersburg, Yaroslavl and Yekaterinburg. The company employs more than 60 people. Fuchs has been one of the leading international lubricant players in the Russian market for 15 years.
In 2012, the Fuchs Petrolub Group generated sales revenues of more than $2.4 billion and a profit of nearly $280 million. In total, the Fuchs Group currently employs a workforce of approximately 3,800 people in 49 companies in Europe and overseas.
For more information, visit www.fuchs-oil.com.