Investor Roadmap

Full name of the company

Krion, JSC

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.

Authorized capital size of the company, thousand $

5126

Revenue, thousand $

9538

Net profit (net loss), thousand $

299

Number of employees as on the month of filling the form, people

151

Type of investment project

Investment projects offered for implementation

Total volume of investments, thousand $

13924

Expected input of an investor, thousand $

11139

Project period

2020-2023

Investor participation form

equity investment, new enterprise with a local partner

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)

Volume of investments, thousand $

13924

Annual revenues once fully operational (without VAT, thousand $)

10859

Dymanic pay-back period, yrs

14.4

NPV, thousand $

571

IRR, %

3.7

Discount Rate, %

2.9

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, business-plan (indicating the date of development), pre-investment study, design estimate documentation, construction work in progress etc.

Feasibility study

Volume of imports to the Republic of Belarus, thousand $

2 463

Volume of exports from the Republic of Belarus, thousand $

471

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