• The construction of an air separation unit at JSC Kryon
Enterprise description
Full name of the company
Krion, JSC
Ownership
Private
Year of establishment
1956
Primary activity
production of liquid air separation products
Products, services description (detailed, indicating CN FEA code)
Production: - technical, medical, 3.5 grade liquid and gaseous oxygen; - liquid and gaseous nitrogen; - liquid and gaseous argon; - technical, food, welding gas mixtures. Services: - delivery of products by road and rail; - repair and technical inspection of cylinders; - maintenance services and pneumatic testing of cryogenic tanks of various types; - rent of cylinders and containers; - filling and repair of gas monoblocks; - repair, inspection and recharging of carbon dioxide fire extinguishers from 1 to 40 liters; - technical diagnostics of gas cylinders.
General reference and analytical information about the company
JSC Krion is the specialized enterprise in the Republic of Belarus, operating since 1956. It is the largest Belarusian manufacturer of liquid products of the air separation, welding, automotive and food gas mixtures. It works with all regions of the Republic of Belarus and with numerous enterprises. The raw material is the air, so there is no import of raw materials. An important component for the production of the air separation products is electric energy that is supplied by the state enterprise RUE Minskenergo. JSC Krion has its own specialized automobile and rail transport to deliver products to consumers.
Cost effectiveness and solvency indicators of the company (before project implementation)
Project description
Foreign trade figures on products intended for manufacturing
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  • The construction of an air separation unit at JSC Kryon
  • Type of investment project Предлагаемые для реализации инвестиционные проекты
  • Sector Chemistry and Petrochemistry (CD+CE)
  • Total volume of investments, thousand $ 13 924
  • Expected input of an investor, thousand $ 11 139
  • Project period 2020-2023
  • Investor participation form вхождение в капитал действующего предприятия
  • Project description Placement of a new air separation plant for the production of cryogenic air separation products: liquid oxygen, liquid nitrogen and gaseous liquid, argon liquid, liquid oxygen grade 3.5.

The nomenclature of the product to be produced with indication of the CN FEA code

technical liquid oxygen (2804400000)

    liquid oxygen grade 3.5 (2804400000)

      liquid nitrogen (2804300000)

        argon liquid (2804210000)

          nitrogen gas production (2804300000)

              • Key benefits of the project The raw material is the air, so there is no import of raw materials. JSC "KRION" works directly with consumers. There is a road-rail fleet of vehicles for the delivery of liquid and gaseous products at the consumers` location. In particular, there is a system of gas pipelines to supply the world-famous enterprises with air separation products (JSC "MAZ", JSC "Integral", etc.). In addition, contracts have been concluded with several dealers that distribute products through the territory of the Republic of Belarus and use the brand "Kryon". JSC "Kryon" has all permits and licenses for official work on the territory of the Republic of Belarus and EURASEC – from production to sale, transportation, provision of additional services for other enterprises.
              • Level of project development Feasibility study
              • Full name of the company Krion, JSC
              • Form of ownership Private
              • Year of establishment 1956
              • Primary activity production of liquid air separation products
              • Region Minsk
              • Address 220024, Minsk, st. Serova, 8
              • GPS coordinates 53.84289,27.53944
              • Annual revenues once fully operational (without VAT, thousand $) 10 859
              • Simple pay-back period, yrs 12.5
              • Dymanic pay-back period, yrs 14.4
              • NPV, thousand $ 571
              • IRR, % 3.7
              • Discount Rate, % 2.9
              • The construction of an air separation unit at JSC Kryon
              • General reference and analytical information about the company JSC Krion is the specialized enterprise in the Republic of Belarus, operating since 1956. It is the largest Belarusian manufacturer of liquid products of the air separation, welding, automotive and food gas mixtures. It works with all regions of the Republic of Belarus and with numerous enterprises. The raw material is the air, so there is no import of raw materials. An important component for the production of the air separation products is electric energy that is supplied by the state enterprise RUE Minskenergo. JSC Krion has its own specialized automobile and rail transport to deliver products to consumers.

              Products, services description (detailed, indicating CN FEA code)

              Production:

                - technical, medical, 3.5 grade liquid and gaseous oxygen;

                  - liquid and gaseous nitrogen;

                    - liquid and gaseous argon;

                      - technical, food, welding gas mixtures.

                        Services:

                          - delivery of products by road and rail;

                            - repair and technical inspection of cylinders;

                              - maintenance services and pneumatic testing of cryogenic tanks of various types;

                                - rent of cylinders and containers;

                                  - filling and repair of gas monoblocks;

                                    - repair, inspection and recharging of carbon dioxide fire extinguishers from 1 to 40 liters;

                                      - technical diagnostics of gas cylinders.

                                        • Authorized capital size of the company, thousand $ 5 126
                                        • Quality of shares issued, pcs 3 594 886
                                        • Revenue, thousand $ 9 538
                                        • Net profit (net loss), thousand $ 299
                                        • Number of employees as on the month of filling the form, people 151
                                        • Volume of imports to the Republic of Belarus, thousand $ 2
                                        • Volume of exports from the Republic of Belarus, thousand $ 471
                                        • Volume of imports to the EU from the Republic of Belarus, thousand $ 123
                                        • Volume of exports to the Republic of Belarus from the EU, thousand $ 210
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