The TITAN Foundation Announced the Sale of Up To 50% Stake of Its Oil Refinery in the Russian Federation

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The Board of Governors of the TITAN foundation approved the sale to raise capital for its expansion plans.

The 10,000 bpd refinery is capable of producing natural stable gasoline, grade A and B fuel oil and Mazut. A comprehensive assessment of the facilities is being made to confirm its expansion capabilities to more than 20,000 bpd. Due diligence, to have the assistance of the foundation, will be conducted in Moscow. Interested qualified parties will receive an invitation for a table top meeting in Moscow.

The TITAN Foundation for Sustainable Growth, a Switzerland organization, focus its efforts building bridges that allow achieving sustainable development with equitable results in an ever actual confluence of the interests of individuals, governments and corporations.

For more information email russia(dot)refinery(at)titan(dot)foundation or call +41 (22) 548 3288.

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Wichy Castro
TITAN Foundation for Sustainable Growth
+41 225483288
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