Podilskyi Tsement to invest EUR 300m

Podilskyi Tsement to invest EUR 300m
Published: 24 September 2009

One of three largest Ukrainian cement producers, Kamianets-Podilskyi-based Podilskyi Tsement, Khmelnytskyi region, intends to invest EUR300 million into the modernisation of production in 2010, commercial director of the enterprise Anatolii Dehtiariov told the Ukrainian News agency.

Dehtiariov also said that in particular, the enterprise intends to launch new line for the production of cement by dry method, packaging line and warehouse equipment.

Dehtiariov also said that the launch of the new line is suspended from early 2010 for the third quarter of 2010.

The expected production capacity of the new line is 2.5Mta of cement.