PAO Severstal, one of the world's largest vertically integrated
steel and mining companies, has closed a deal to purchase 100% of the group
companies, OOO "Sintez-PKG" and OOO "Synthesis PP", which is the only
Russian and CIS producer of carbonyl iron powders.
the Company "Synthesis-PKG" will be part of the hardware divisions of the company and
will be in the operational management of the General Director of OAO
"Severstal-metiz" Sergei Kavrakova.
the Company "Synthesis-PKG" (Dzerzhinsk, Nizhny Novgorod region) produces
a wide range of unique powders of carbonyl iron for
high-tech companies from around the world. Carbonyl iron is widely
used in electronics, primarily in the automotive industry
(electronics in cars, electric cars), as well as for household appliances
equipment, mobile phones, computers, TV, etc; in various industries as
the traditional powder metallurgy and injection molding technologies
metals (Metal Ijectio Mouldig) in the manufacture of diamond tools and
synthetic diamonds in the production of magnetorheological fluids.
the Company is the world's second largest producer by volume of such products with
a market share of about 10%. The volume of production of finished products last year
over 1,500 tons. The main share of revenue (over 95%) of the company.
attributed to the export sales to leading manufacturers of
the listed industries.
"This investment reflects our focus on two strategic priorities
the company – "what's New" and "Excellent customer experience". Using
breakthrough technologies, we will offer the market unique solutions, will
meet and try to anticipate the needs of customers. Integration
"Synthesis PKG" group of companies "Severstal" will add a new vector of development for the
promising markets such as electronics, where we expect progressive
growth through the development of the electrification of transport, telecommunication
infrastructure, mobile electronics, and inkjet 3D printing technology
Bider Jettig, which is considered a breakthrough due to the high speed
and low costs," commented CEO
"Severstal" Alexander Shevelev.
"the Synthesis PKG" has a unique skills that allows him to
take 10% of the fast-growing global market of carbonyl iron and constantly
to increase its presence in its most attractive segments. We are planning
to grow in this high-margin market, using the experience and market
features of our company. Our goal is to create within the framework of Severstal's center
competencies in powder metallurgy the world level. In turn
"Synthesis PKG" allows us to broaden our horizons of presence and creates a
for us the springboard to enter international markets", - said the Director of
business development and corporate venture projects of the company "Severstal"
Andrei Laptev.
