M+W Group is to set up a biotechnology plant in Siberia

Letter of intent announced at the German-Russian raw material forum in Moscow

Moscow (Russia) / Stuttgart (Germany), (PresseBox) - The international engineering and construction company M+W Group (until 2009: M+W Zander) has signed a letter of intent for design and construction of a biotechnology plant complex in the Siberian town of Omsk. This was announced at the German-Russian raw materials forum taking place in Moscow. Contracting partner of M+W Group are the governor of Omsk, Mr. Leonid K. Polezhaev and the Titan Group of Companies ("Titan") in Omsk as the investor. Titan operates in the chemicals, metallurgy and agroindustry sectors and ranks among Russia's hundred largest private companies.

The planned plant complex counts as a key project in the development of plants for the manufacture of amino-acids in Russia. The intention is also to produce vitamins, organic acids, biologically active additives and pesticides. A complex for the production of biopolymers is also on the cards. The focus is on the best possible application of cycles of materials and resources. For the Omsk region the project offers an opportunity to site a new and forward-looking industry, for which the renewable raw materials from the region can be used.

M+W Process Industries, a company of the M+W Group, has been given the order for the initial planning phase in order to establish the foundations for further project realisation.

M+W Group GmbH

M+W Group (until 2009: M+W Zander) is the leading global partner for engineering, construction and project management in the fields of Advanced Technology Facilities, the Life Science Industries, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring flexibility, rapid realization and cost-effective completion. With its competence to link process technology, automation and complex facilities to integrated solutions M+W Group primarily focuses on leading electronics, life science, photovoltaic, chemical, automobile and communication companies, as well as research institutes and universities. M+W Group GmbH is the holding company with headquarters in Stuttgart, Germany. In 2009 M+W Group generated an order intake of 1.56 billion euros and revenues of 1.27 billion euros with a workforce of approximately 4380 employees.

M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.

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