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TECHNONICOL and FESCO plan to increase export transportations of construction materials to countries of South-East Asia

7 September 2017

Within the frames of the Eastern Economic Forum TechnoNICOL Corporation and FESCO Transportation Group have signed a memorandum of intent aimed at increasing export shipments of construction materials to South-East Asia. The document was signed by Alexander Isurin, President of FESCO, and Sergey Kolesnikov, President of TechnoNICOL.

The main purpose of the agreement is organizing cost-effective export transportations of ready goods of TechnoNICOL to countries of South-East Asia by rationally using resources of the parties and developing optimal transportation and logistics schemes.

“Quality of service and reliability of supplies are important competitive advantages in the markets of South-East Asia. We were interested in partnership with a large and modern logistics operator and expect that the agreement with FESCO will contribute to the increase in exports and to strengthening of positions of TechnoNICOL in Asian countries”, Sergey Kolesnikov said.

“TechnoNICOL is one of the largest international manufacturers of construction materials, one of the strategic directions of their business is China. We have extensive experience in organizing transportations of export products from Russia via Far Eastern ports and land routes to Asian countries and we can apply it in cooperation with TechnoNICOL”, Alexander Isurin noted on the results of signatures.

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