Dyckerhoff Ukraine plans EUR 260m modernisation investment

Dyckerhoff Ukraine plans EUR 260m modernisation investment
Published: 26 February 2008

Dyckerhoff Ukraine plans to invest some EUR 260m in modernising its production facilities.

"We will invest around EUR 200m in switching one of the company’s enterprises for the dry method of cement production..., transfer of the enterprises to coal (instead of gas) will take some EUR 60m," the company’s regional manager Otto Lose said.  
 
According to Lose, such measures are necessary in order to reduce energy costs which will reduce "two-fold" following the completion of the modernisation project.