The Federal Financial Markets Service registers the report on results of SITTEC additional shares issuance
The Federal Financial Markets Service has confirmed the completion of issuance and the state registration of the report on results of issuance of additional ordinary registered uncertified shares of CJSC SITTEC. The additional issue has received state registration number 1-01-69079-H-001D.
SITTEC Ltd. invests in the project of building up titanium coagulant production in the Ukhta region, in the Komi Republic.
SITTEC Ltd., which is part of IFD Kapital Group, is realizing the project of building up titanium coagulant production on the basis of Yarega oil and titanium resource (the Komi Republic, the Russian Federation). Titanium coagulant is an innovative highly effective chemical for drinking water production, and industrial and municipal waste water treatment. The superior removal capacity of titanium coagulant is accounted for by the high adsorption capacity of titanium containing phases in the product, which has significant technical and economic advantages over other coagulants.
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