PRESS RELEASE

GE’s Anti-Corrosion Technologies To Improve Efficiency And Safety Of Oil Refining And Petrochemical Facilities In Kazakhstan, Uzbekistan And Azerbaijan

ASTANA, Kazakhstan, March 11, 2019 - GE and Raim Group Caspian company, Kazakhstan, offering solutions to protect equipment against corrosion in the petrochemical and refining industries, concluded a license agreement on the exclusive use by Raim of GE’s AmStar surface protection technology in Kazakhstan, Uzbekistan and Azerbaijan. This will allow a prompt equipment repair and a significant safety improvement at petrochemical and refining industrial facilities.

GE’s AmStar technology ensures a protective coating by high-speed thermal spraying on process equipment exposed to high temperatures and corrosive environments, particularly in the refining and power industries, helping fight against corrosion and therefore prolonging equipment’s lifecycle. AmStar provides a possibility of a field application which is technology’s specific feature offering a prompt assistance to customers.

In particular, AmStar use does not require time-consuming surface preparation and spray application process, so the equipment can be returned to service immediately once the protective coating operation is completed. In addition, the application of AmStar keeps vessel substrate unaltered, since the process occurs at low temperature, which additionally ensures the equipment’s safety.

Bela Ferenczi, CEO GE central Asia and Azerbaijan, said: “We are pleased to support our partner Raim Group Caspian in implementing the most advanced world-class technologies in Central Asia that will help our regional customers significantly improve industrial efficiency and safety of oil refining and petrochemical facilities”.

Samat Makhmutov, Director of Raim Group Caspian: “GE’s AmStar technology which efficiency has been recognized by global oil and gas companies has a proven industrial track record in many countries, including Kazakhstan. The use of this technology will allow Raim Group Caspian to expand its core business activities and to tap new markets in the CIS and the Middle East”.GE 

About GE 

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our Стр. 2 из 2 Пресс-релиз/GE/06.12.2018 industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE 

Russia/CIS GE has been working in Russia for nearly 100 years, bringing global expertise and localizing advanced technology with our strategic partners across power, oil & gas, transportation, and healthcare to solve some of the region’s biggest infrastructure challenges and improve people’s lives. Over 1,900 GE employees are working in Russia/CIS, with regional headquarters in Moscow. For more information, visit the company’s official website – www.ge.ru

About Raim Group Caspian 

The company has more than 10-year experience in protective coatings application works, doing business in the Republic of Kazakhstan within international projects. Qualified local staff ensure high-quality and short lead time services in metal coating with a deep localization part. The head office of the company is located in Aktau, Kazakhstan.

Media contact: 

GE: 

Yulia Tikhonova 

+7 495 739 6919, ext: 6879 M +7 916 937 48 25 

yulia.tikhonova@ge.com 

«Raim Group Caspian» 

Samat Makhmutov 

Т +7 777 7881600 

samatm@rgc.com.kz 

www.rgc.com.kz