Article: Baker Hughes to build a submersible power cable plant in Tyumen region for $45 mln.

Baker Hughes to build a submersible power cable plant in Tyumen region for $45 mln

TYUMEN. Jan 20 (Interfax) - U.S. oil service company Baker Hughes Inc. intends to develop a plant in the Tyumen region for the production of submersible power cable worth $45 million, the Tyumen gubernatorial press service said in a statement.

According to the regional director of Centrilift Russia (Baker Hughes' Russian subsidiary), Yevgeny Chashin, the company plans a substantial decrease in the time of product deliveries to consumers, as well as transportation costs. "The Tyumen region is very well situated in regards to products deliveries, as well as supply of ...

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