Inergy Expands Its Presence in Russia

The new plant will serve customers like Nissan, General Motors and Ford. The facility will be built by the 51%-owned joint venture officially created in April 2012 with DSK, Russia’s leading fuel systems manufacturer. It will be the Group's third manufacturing facility in Russia, along with the Stavrovo plant that makes fuel systems mainly for Renault Dacia and the Togliatti plant that primarily supplies AvtoVAZ. By 2015, the division expects to be manufacturing over a million fuel tanks in Russia, giving it 40% of the local market.