Sace - en

SACE guarantees US$ 400 million for the expansion of Reliance Industries
02 February 2012 - Deals
SACE has guaranteed a US$ 400 million equivalent loan granted to the major Indian petrochemical and oil & gas group, Reliance Industries, for the expansion and upgrading of the production capacity of its petrochemical plants, a gasification plant and refinery off-gas cracker as part of an investment plan in India worth over US$ 11 billion.

SACE guarantees US$ 144 million for the construction of a new refinery in Russia
25 January 2012 - Deals
SACE has guaranteed a US$ 144 million loan to Taneco, a subsidiary of the Russian oil company OAO Tatneft, for the construction of a new refinery in the Republic of Tatarstan (Russian Federation). The SACE guarantee will support the contracts awarded to a number of Italian companies including Mangiarotti, Officine Luigi Resta, Walter Tosto and Weir Gabbioneta.